There are a lot of rules about what you can and cannot mail. For example, you can’t mail ammo, explosives and marijuana, and there are also restrictions around mailing batteries, alcohol, animals and cigarettes. But what about cash? Mailing cash for legitimate purposes is legal, though mailings containing more than $500 cash must be sent by…
Cash App users may receive a refund from the mobile banking platform after a government group ordered the company to pay out $175 million for its weak security procedures. The Consumer Financial Protection Bureau, which oversees consumer financial protections, ordered Cash App’s parent company Block to refund users $120 million. The order also indicates it…
Producing pennies cost taxpayers more than it’s worth, with each penny costing 3.7 cents to make in 2024. The rising cost of metals like zinc and copper contributed to the increased production cost. Other countries, such as Canada and Australia, have successfully eliminated their lowest denomination coins. The newly established Department of Government Efficiency (DOGE)…
The Consumer Financial Protection Bureau has ordered Block, Cash App’s parent company, to pay $120 million to Cash App users and $55 million to its victim relief fund. The Consumer Financial Protection Bureau claims Block failed to investigate transaction disputes, “tricked” users through its Terms of Service and failed to provide effective customer service. Block…