Dollar General, Dollar Tree and Kroger customers pay over $90 million a year in cash-back fees, federal agency finds

Dollar General, Dollar Tree and Kroger customers pay over  million a year in cash-back fees, federal agency finds


Key Points
  • Dollar General, Dollar Tree and Kroger have charged customers who ask for cash back in recent years.
  • Their cash-back fees amount to more than $90 million a year, Consumer Financial Protection Bureau reports.
  • Such fees may disadvantage those in banking deserts, where they don’t have easy access to cash for free. Retailers say they offer a lifeline to such consumers, who may not otherwise be able to get cash.



Source

Stocks making the biggest moves premarket: Delta Air Lines, Levi Strauss, Exxon Mobil & more
Finance

Stocks making the biggest moves premarket: Delta Air Lines, Levi Strauss, Exxon Mobil & more

Check out the companies making the biggest moves premarket: Delta Air Lines — Shares traded 12% higher, boosted by the steep declines in oil prices after the U.S. agreed to a ceasefire. The airline also posted better-than-expected results for the first quarter, though it issued second-quarter guidance that was below analyst estimates. Levi Strauss — […]

Read More
Ray Dalio: Trump-Xi meeting to focus on trade, capital flows
Finance

Ray Dalio: Trump-Xi meeting to focus on trade, capital flows

Key Points Ray Dalio, founder of hedge fund Bridgewater Associates, told CNBC he expects U.S. and Chinese leaders to find ways to work together. He was speaking after an event in Shanghai in support of bilateral exchanges. U.S. President Donald Trump is due to visit China next month, after postponing initial plans by several weeks […]

Read More
Stocks making the biggest moves premarket: Broadcom, UnitedHealth, Casey’s General Stores and more
Finance

Stocks making the biggest moves premarket: Broadcom, UnitedHealth, Casey’s General Stores and more

Check out the companies making headlines before the bell: Broadcom , Alphabet — Broadcom on Monday said it agreed to supply artificial intelligence chips for Google and signed an expanded deal with Anthropic to give the AI startup about 3.5 gigawatts worth of computing capacity from Google’s AI processors. Broadcom shares gained 3%, while Alphabet […]

Read More