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Money
The FTC says Cliq, formerly known as Cardflex, processed hundreds of millions of dollars in transactions for high-risk merchants, including some on Mastercard’s MATCH list.
AI/Privacy
The case stems from Google’s long-running European antitrust fight over whether it unfairly favored Google Shopping in search results.
Money
Borrowers could face "substantially higher, and consequently unaffordable, payments," Democratic senators warn.
Money
Egg producers stirred the market to squeeze out more profit, states charged.
Money
Record purchases but lots of smaller, cheaper items - a sign consumers are cutting back
Money
"These numbers are too high," Fed official grumbles.
Money
Rent regulation is rare in the U.S. but common in Europe, where caps are more common than outright freezes
Seniors
A bigger COLA would reflect higher inflation, not a windfall
Money
The Federal Reserve's preferred inflation gauge surged to a three-year high of 4.1 percent in May, with core PCE at 3.4 percent — the most since October 2023.
Cars
Slate Auto says its two-seat electric pickup will start at $24,950, making it one of the lowest-priced new vehicles in the U.S.
Seniors
A new pilot Medicare program, "set to continue through 2027, will allow older adults to access GLP-1 medications for $50 per month" — the first time the program will cover them specifically for weight loss,
Money
Trump orders DOJ to probe gasoline 'gouging' as oil falls below $73, Congress sends Trump landmark housing bill, Hormuz tankers stream out as inspectors return to Iran, Goldman sees July Fed hike risk and Prime Day rolls on amid sticky inflation