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Block Pays $45 Million to Settle Cash App Fraud Probe
Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to provide the fraud protection and resolution required by law. The investigation was led by Oregon and Texas, the Oregon Department of Justice said in a Wednesday (July 8) press release. The states alleged…
Apple touches $5 trillion market cap for first time
Apple’s CEO Tim Cook and John Ternus, Apple’s next CEO, attend the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 9, 2026. Brendan McDermid | Reuters Apple on Tuesday briefly hit a market capitalization of $5 trillion for the first time, a…
Affordable Midwest Commuter Towns Dominate the New Hottest Markets List
The Midwest came in hot this summer, claiming 11 spots in the Realtor.com August 2026 Hottest Housing Markets ranking. The top spot went to Rockford, IL, which has sat at No. 1 only once before, in December 2024. As an affordable alternative to the neighboring hubs of Chicago and Madison, Rockford has access to big-city amenities with far lower costs. Nicknamed “The…
Servus Credit Union wins receivership fight over Fort McMurray warehouse
Justice Michael J. Lema, who heard the matter July 3, 2026, sided with the lender. The ruling turned largely on how little room was left in the property’s value once every claim ahead of the borrower’s own interest was counted. Servus’s mortgage-backed claim stood at $4,289,528.79 as of May 4, 2026, with per-diem interest of $926.93 continuing to accrue….
Global bond yields reach levels investors last saw before the financial crisis
Eric Robertsen, head of global research and chief strategist at Standard Chartered, told the Financial Times that borrowing is rising as funding costs climb. Fiscal positions are not improving anywhere, and until that shifts, “the long end doesn’t have an anchor,” he said. Bloomberg reported that a surge in borrowing by US technology firms to fund artificial intelligence is…
‘The diesel crisis will expose Britain’s weakness’
On Monday, the average price of diesel in the UK crossed the £2 per litre threshold and is set to go a lot higher still. The cost of diesel has risen by 54% since the start of the Iran war and is climbing higher all the time. Motorists stuck with diesel cars are starting to…
