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

EV sales soar as Trump axes ,500 tax credit: ‘People are rushing out’ to buy, analyst says

Finance

EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says

August 8, 2025

Key Points President Donald Trump’s so-called “big beautiful bill” ends a $7,500 EV tax credit after Sept. 30. Consumers are acting quickly to claim the tax credit before it disappears, according to analysts and sales data. Source

Finance

Stocks making the biggest moves midday: Gilead Sciences, Monster Beverage, Trade Desk, MP Materials, Sweetgreen and more

August 8, 2025

Check out the companies making headlines in midday trading: Trade Desk — Shares cratered 37% after a slew of Wall Street firms including Bank of America and MoffettNathanson downgraded the stock . While Trade Desk’s earnings were surprisingly strong, CEO Jeff Green warned revenue growth could slow in the third quarter. During the earnings call, […]

Finance

How dealmaking king Goldman Sachs aims to dominate another corner of Wall Street

August 8, 2025

Goldman Sachs has long been considered the king of Wall Street dealmaking. Now, the bank is increasing its focus on another target: managing money for wealthy clients and institutions. Investment banking services, like underwriting initial public offerings (IPO) and advising mergers and acquisitions (M & A), have long been Goldman’s bread and butter. In fact, […]