The Federal Trade Commission (FTC) is distributing over $5 million in refunds to victims of a fraudulent credit card debt relief scheme run by ACRO Services. The company and its operators were accused of deceptive practices that misled consumers about their ability to reduce or eliminate credit card debt.
Less than 12 hours after TikTok was temporarily banned in the U.S., the app was restored, crediting former President Donald Trump for its return. However, in Indiana, proposed legislation could once again restrict access to popular social media platforms for thousands of children.
American credit card defaults have surged to the highest levels since the aftermath of the 2008 financial crisis, as consumers continue to grapple with years of high inflation. In the first three quarters of 2024, credit card lenders wrote off $46 billion in delinquent loan balances, marking a 50 percent increase from the same period last year. These write-offs, considered a highly monitored measure of loan distress, are the highest since 2010, according to industry data gathered by BankRegData.
Silicon Valley venture capitalist Marc Andreessen told Joe Rogan that the Biden administration has weaponized financial institutions to "debank" entities politically opposed to the White House's agenda.
Two illegal immigrants from Venezuela, suspected to be members of the notorious Tren de Aragua gang, were arrested in Rensselaer, New York, in connection...
Wisconsin Republican Representative Bryan Steil called for investigations into the Democratic fundraising platform ActBlue in five states, citing concerns over potential illegal activity.
Expelled GOP Rep. George Santos Declares Bid for Congress Against NY Republican Who Backed His Ouster
Former GOP Rep. George Santos announced his candidacy for...