As QR codes have grown in popularity, so too have QR-code driven scams.
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“Because they are everywhere — from gas pumps and yard signs to television commercials — they’re simultaneously useful and dangerous,” Dustin Brewer, senior director of proactive cybersecurity services at BlueVoyant, said in an interview with CNBC Sunday (July 27).
Brewer added that hackers exploit...
DOGE has reportedly turned to artificial intelligence (AI) to drastically reduce the number of federal regulations.
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That’s according to a report Saturday (July 26) by the Washington Post, citing government documents and interviews with four officials familiar with the plans.
The goal is to cut the number of regulations by half in time for the first anniversary of...
What good are tax-free tips if there’s no around to do the tipping?
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That’s the question facing workers in Las Vegas these days amid economic uncertainty and a decline in travelers from Canada, The Wall Street Journal (WSJ) reported Saturday (July 26).
As the report noted, the government gave these workers a boost earlier this month when it exempted up to $25,000 per...
More Americans than ever are contributing to — and withdrawing from — their 401(k)s.
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In 2024, a record 4.8% of workers with these retirement plans took a hardship distribution for financial emergencies, The Wall Street Journal (WSJ) reported Saturday (July 26), citing data from Vanguard Group.
Meanwhile, close to a third of people who leave their jobs each year...
Citigroup has entered the luxury card market with its new premium credit card.
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As Bloomberg News noted in a report on the launch Sunday (July 27), Citi’s Strata Elite places it in competition with the likes of American Express (Amex) and JPMorgan Chase in targeting big spenders with a taste for travel and fine dining.
The company said the benefits on the card, which...
China has proposed creating an organization to promote global artificial intelligence (AI) cooperation.
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The country wants to help guide worldwide efforts to regulate AI and share China’s own innovations, said Premier Li Qiang, whose remarks at the annual World Artificial Intelligence Conference in Shanghai on Saturday (July 26) were reported by Reuters.
Li’s comments...
Temu’s attempts to weather U.S. tariffs are reportedly being hindered by Amazon.
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The Chinese eCommerce platform — owned by PDD — has been told by American companies that it cannot provide lower prices than Amazon on branded items, the Financial Times (FT) reported Sunday (July 27), citing two sources familiar with recent meetings.
“We’ve told them they can’t undercut...
Three years after the “crypto winter,” digital asset lending is making a comeback.
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That’s according to a report Saturday (July 26) by the Financial Times (FT), which cited the example of San Francisco lender Divine Research. That company said it has made roughly 30,000 unbacked short-term loans since December, working with OpenAI’s Sam Altman’s iris-scanning company...
A system breach at Allianz Life impacted most of the insurer’s U.S. customers’ personal data.
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That’s according to a report Saturday (July 26) by Bloomberg News, citing a statement from the company on the data breach on July 16.
During this incident, a “malicious threat actor” accessed a third-party, cloud-based system used by Allianz and obtained personally identifiable...
U.S. credit card delinquencies and charge-offs are now higher than they were before COVID.
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That’s according to findings published Saturday (July 26) by Seeking Alpha, which noted that this resurgence for both metrics in June follows a decline in May.
According to the report, the average delinquency rate — meaning late credit card payments — climbed to 2.79% in June from...