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Raised by accountants, Alejandra Rojas had a strong financial background but wound up in debt.She started researching money and psychology, which led her to get certified in Trauma of MoneyOne of Rojas’ favorite resources is Morgan Housel’s book, “The Psychology of Money.” When Alejandra Rojas found herself in $10,000 worth…
There’s a new card from OTH Network that influencers are swiping to redeem products and services.The influencer-focused fintech platform uses AI to match brands and creators.After creating sponsored content, influencers can spend the payment in person at the business. There’s a hot new card influencers are swiping at restaurants and…
Visa is in the antitrust crosshairs.The US Department of Justice filed a lawsuit on Tuesday arguing that the payment processing giant illegally maintained a monopoly with anti-competitive behavior and imposed unfair costs on customers and merchants.”We allege that Visa has unlawfully amassed the power to extract fees that far exceed…
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Soaring credit card swipe fees and fuel prices are to blame for today’s higher grocery prices, Kroger CEO Rodney McMullen said in court on Wednesday.Kroger and its rival Albertsons are currently battling a lawsuit from the FTC. The regulator is looking to block the proposed $24.6 billion merger between the…
The 20-year-old swipes as much as he can. Right now he’s banking points for a concert in October and a big trip after he graduates from Georgia Tech.Desai is part of a new generation of credit card users: young, perks-focused, and ready to maximize. Today’s credit cards, he said, are…
Eight years ago I moved to New York City from Boston, and it was one of the hardest things I’ve ever had to do.When I was looking for apartments, I would get something lined up, feel really good about it, and then it would fall through. Eventually, I was getting…
A massive IT outage has taken its toll on some grocery stores, retailers, and fast-food giants around the world.Starbucks’ mobile-ordering system appears to be experiencing widespread issues in the US, with stores listing their order-ahead function as “not available.”One barista in Atlanta, whose identity has been verified by BI, said…
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – The biggest U.S. bank wants to get even bigger. JPMorgan Chase (NYSE:) has set an ambitious goal of attracting 15% of the country’s consumer deposits, Marianne Lake, its CEO of consumer and community banking, told Reuters in an interview at…
A high-earning millennial couple who spends thousands each month on travel and shopping is stuck in a dangerous dynamic of wanting to have it all, a popular money podcaster says.Paul, 33, and Maddie, 29, live in London and are planning a wedding next year, they told self-made millionaire Ramit Sethi…
