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

Finance

Job market is ‘trash’ right now, career coach says — here’s why

June 9, 2025

Key Points It’s a tough market for job seekers, especially recent graduates, experts said. Employers are hiring at the slowest pace in more than a decade, even as unemployment and layoffs are relatively low. Don’t underestimate the power of building personal connections and networking while hunting for a job, one expert said. Source

Finance

UK finance watchdog teams up with Nvidia to let banks experiment with AI

June 9, 2025

Key Points The U.K.’s Financial Conduct Authority announced the Supercharged Sandbox, a partnership with Nvidia that aims to help banks safely experiment with AI. The initiative is designed for financial services firms in the “discovery and experiment phase” with AI, the FCA said. Banks have faced challenges shipping advanced new AI tools to their customers […]

Finance

China’s EV race to the bottom leaves a few possible winners

June 8, 2025

Source