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Personal Finance Daily: The pandemic has created 1 new billionaire ‘every 30 hours’ and Florida trio sentenced to 18 years in prison for $200 million baby formula export scam


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Many Americans felt pretty good about their finances last year — but were less confident about the country’s

Americans’ self-reported financial well-being hit a nine-year high before inflation and omicron took off, an annual Federal Reserve Board report shows Read More

‘This exorbitant wealth was not earned, it was swindled’: Florida trio sentenced to 18 years in prison for $200 million baby formula export scam

The defendants bought formula at a discount to ship to South America but then sold it at full price in the U.S. for huge profits. Read More

The pandemic has created 1 new billionaire ‘every 30 hours,’ new Oxfam report says

Nearly 600 people have become billionaires in the past two years as inequality has worsened. Read More

Bank of America CEO says Americans still haven’t spent all their stimulus money

Brian Moynihan says his bank’s customers have more money now compared with a year ago, despite increased inflation. Read More

Bank of America is raising its hourly minimum wage to $22 — here’s how many people don’t even come close to pay like that

The $22 hourly rate is more than triple the federal minimum wage of $7.25, which lawmakers last increased in 2009. Read More

‘I’m really upset’: I borrowed $10,000 from my brother with a $200-a-month payment plan. We fell out, and now he wants the money back in full

‘We are now communicating through our sister.’ Read More

The 2023 Subaru Solterra review: Rejoice Subaru fans, there’s now an electric compact SUV

There’s a solid base of Subaru fans who want a vehicle from their favorite car company, and the Solterra now gives them a zero-emissions alternative. Read More

How to protect yourself from ‘rug pull’ scams in new crypto projects

The racket is an old investment scheme. Cryptos’ loose regulations for fundraising and their emphasis on decentralization, can make frauds hard to spot . Read More

Lucid Air EVs just went up in price by five figures

Lucid has already mounted a challenge to Tesla, now, it’s copying Tesla’s habit of big price increases. Read More

Toyota will soon max out its electric vehicle tax credits

Toyota recently introduced its first fully-electric vehicle to reach a widespread market, but your chance for the maximum tax credit is slipping away. Read More

: Snap stock falls 30% after Snapchat parent says it will miss estimates due to deteriorating economy

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