Unemployed Michigan residents ought to be wary of a scam in which fraudsters are using stolen personal information to apply for unemployment benefits, according to Michigan-based news site MLive.com. The Michigan Unemployment Insurance Agency (UIA) has since instituted more steps to verify peoples’ identities and make sure an application was...
UPS Adds Peak Delivery Surcharge To Manage eCommerce Demand Amid Pandemic
Seeking to manage the overflow of cases during the pandemic, UPS is adding a new ‘peak’ surcharge similar to how they do for the busy holiday season, The Wall Street Journal reported Thursday (May 28). The surcharges will add an extra 30 cents to packages shipped by UPS Ground and...
USDA’s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon
Amazon customers can now use Supplemental Nutrient Assistance Program (SNAP) benefits in more states, according to a statement from the eCommerce giant. As of this week, customers with SNAP in the states of Colorado, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New Mexico, Vermont, Virginia, West Virginia, and Wisconsin can now...
Kudlow: Gov’t Eyes Cash Bonuses To Get People Back To Work
Larry Kudlow, director of the U.S. National Economic Council, said he thinks the idea of cash incentives for people going back to work could be in the cards. “It’s something we’re looking at very closely,” he said, speaking to CNBC. “We may go with something like that.” Kudlow said there...
Green Dot To Launch Mobile Banking For US Immigrants
Welcome Technologies, which works to aid immigrants as they integrate into life in a new country, is partnering with Green Dot for the PODERCard, which will help U.S. Hispanic immigrants access digital banking services, according to a press release. Less than half of U.S. Hispanic immigrants have access to actual...
Bitcoin Daily: Gemini Teams With Samsung For Mobile Crypto Access; Russia Seeks To Put Mortgage Records On Masterchain
Gemini Trust Co. is teaming with Samsung Electronics Co. to let users exchange and keep digital assets on smartphones in an easier fashion, Bloomberg reported. Gemini is said to be the first digital currency exchange to allow Canadian and U.S. Samsung blockchain wallet users to see their balances in the...
IRS Wants To Make Sure You Don’t Throw Out Your Stimulus Card
The Internal Revenue Service (IRS) wants to make sure you don’t throw out your prepaid government stimulus debit card. Many people have done that, thinking the cards are junk mail and discarding them, according to MarketWatch. In a press release, the IRS states that the debit cards will arrive in...
Report: SEC Probing Public Firms That Received PPP Funds
The U.S. Securities and Exchange Commission (SEC) has launched an investigation into publicly traded companies that received COVID-19 stimulus funds, Bloomberg News reported. Agents are looking into whether the companies’ loan applications for the Small Business Administration (SBA’s) Paycheck Protection Program (PPP) were consistent with the disclosures made to investors...
Survey Says Millionaires Cut Spending, Postpone Big-Ticket Purchases
A majority of American millionaires say they plan to spend less this summer than in years past, according to a new Second Quarter CNBC Millionaire Survey. The poll, which questioned 750 people with assets of $1 million or more, revealed while wealthy Americans have seen little impact from the pandemic...
Cyprus Government Offers Free Stay To Tourists Who Catch COVID-19
The government of Cyprus has a novel sales pitch for tourists considering a vacation in the Eastern Mediterranean nation: If you catch the coronavirus while on holiday in the island country, they will pick up the tab. A positive test for COVID-19 in Cyprus gets visitors free lodging, food, drink and medication, CNBC...