Money

A former relationship manager at Santander bank admitted to defrauding a vulnerable 78-year-old customer of over $125,000, the Justice Department said.

Apple agreed to a $250M settlement over claims it misled buyers about AI-powered Siri features on certain iPhones. Eligible users could receive up to $95.

The SEC proposed allowing publicly traded companies to switch from quarterly to semiannual reporting using a new Form 10-S, offering more regulatory flexibility.

Cornerstone University's self-paced SOAR program lets students earn accredited business degrees entirely on a smartphone with a 91% persistence rate.

Banking spoof calls are tricking customers into emptying accounts as victims report losing thousands to scammers posing as bank fraud departments.

U.S. restaurant chains report weaker than expected sales growth as high gas prices squeeze consumer budgets and force a shift toward value menu offerings.

Tens of millions of taxpayers may qualify for IRS refunds or reduced penalties from the COVID emergency period, but face a July 2026 filing deadline.

Meta warns it may pull Facebook and Instagram from New Mexico rather than comply with child safety measures sought after a $375 million jury verdict.

Fidelity and Vanguard's charitable arms have reportedly paused grants to the SPLC through donor-advised funds after a federal indictment.

The U.S. national debt held by the public has surpassed the size of the economy for the first time since World War II, reaching over 100% of GDP in March.

President Donald Trump signed an executive order seeking to help expand retirement account access to people who do not have employer-supplied plans.

Credit repair expert Micah Smith says new VantageScore 4.0 mortgage rules let rent payments count, but warns late payments and high balances cut both ways.

Improper federal payments hit $186 billion in fiscal year 2025, with Medicare, Medicaid and tax credits accounting for the bulk, a new GAO report finds.

A proposed bill from Sen. Rick Scott and Rep. Greg Murphy would let Social Security beneficiaries work without having their benefits reduced.

Nearly 50% of Gen X employees are pushing back their retirement dates due to rising costs and stagnant wages, according to a new PwC financial wellness survey.

The Treasury froze $344M in Iran-linked crypto, escalating pressure as officials warn Tehran could lose $170M daily with oil exports nearing disruption.

O'Leary Ventures Chairman Kevin O'Leary criticizes NYC tax proposals targeting wealthy investors, saying the policy risks undermining economic activity.

Google co-founder Sergey Brin slams California's proposed billionaire tax, likening it to the socialism he fled in the Soviet Union as a child in 1979.