cash

Clark’s Favorite Cash Back Credit Card Just Gave You a New Reason To Apply

Clark’s Favorite Cash Back Credit Card Just Gave You a New Reason To Apply

If you’ve been listening to money expert Clark Howard for any period of time, you’ve likely heard him recommend the Citi® Double Cash Card. He loves the cash back credit card because it offers an unlimited 2% cash back on every purchase you make (1% when you buy, 1% when you pay for those purchases). It …

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US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry

US blacklisting of Tornado Cash sparks outcry from cryptocurrency industry

Getty Images | Yuichiro Chino The US Treasury Department blacklisted the virtual currency mixer Tornado Cash on Monday, saying the system “has been used to launder more than $7 billion worth of virtual currency since its creation in 2019.” The platform was added to the Specially Designated Nationals and Blocked Persons List (SDN), prohibiting all …

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Tornado Cash crackdown by Treasury puts honest crypto investors at risk of criminal exposure

Tornado Cash crackdown by Treasury puts honest crypto investors at risk of criminal exposure

A tornado is seen on a field in D’arcy, Saskatchewan, Canada June 15, 2021. Neil Serfas | via Reuters The Treasury Department’s crackdown on Tornado Cash was meant to stop criminals. But a lot of ordinary crypto investors with honest intentions are now at risk. “Every U.S. person is going to have to be very …

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Canoo Q2 2022 report: $1 billion in sales pipeline, but only $33.8 million in cash left

Canoo Q2 2022 report: $1 billion in sales pipeline, but only $33.8 million in cash left

American EV startup Canoo shared its latest report outlining its results for Q2 of 2022 as it continues to fight to stay out of the red in a race toward production. Canoo is now reporting another big loss for the quarter. And, although it has $1 billion in its sales pipeline, only a minority percentage …

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The DOT is proposing new protections for flyers, including cash refunds for canceled flights

The DOT is proposing new protections for flyers, including cash refunds for canceled flights

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. For decades, it has been notoriously difficult for travelers to get a refund from an airline …

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Pioneer returns over 95% of its free cash flow to investors in big earnings beat

Pioneer returns over 95% of its free cash flow to investors in big earnings beat

Investing Club holding Pioneer Natural Resources (PXD) reported better-than-expected earnings after the closing bell Tuesday. Total revenue of $6.92 billion exceeded expectations of $6.89 billion. Adjusted diluted earnings of $9.36 per share was better than the $8.81 per share expected by the Street. Operating cash flow for the quarter of $3.22 a bit short versus the …

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Bitcoin

Crypto clients beg for their cash back after lender’s crash

WASHINGTON, United States – An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow’s lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back.  Hundreds of letters have poured in to the judge overseeing the firm’s multi-billion-dollar bankruptcy and they are …

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AT&T Stock Falls As Telecom Lowers Free Cash Flow Outlook

AT&T Stock Falls As Telecom Lowers Free Cash Flow Outlook

AT&T stock tumbled Thursday after the telecom company added more wireless postpaid phone subscribers than expected in the June quarter but lowered its full-year free cash flow outlook. The sell-off of T stock eased in afternoon trading. X AT&T earnings excluded WarnerMedia, spun off in early April, and DirecTV. AT&T (T) said second-quarter adjusted earnings …

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Cash is pouring into municipal bond ETFs. Here's why they could be winners for investors

Cash is pouring into municipal bond ETFs. Here’s why they could be winners for investors

Municipal bond funds may be having their moment in the sun after a rough start to the year for fixed income. According to Strategas Research, the iShares National Muni Bond ETF (MUB) saw the second highest inflows in the second quarter among U.S. ETFs at $5.4 billion. That was behind only the SPDR Bloomberg 1-3 …

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‘How quickly the tables have turned’: Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash

‘How quickly the tables have turned’: Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash

‘How quickly the tables have turned’: Falling mortgage rates have homebuyers so emboldened they’re asking sellers for cash After a string of steady increases, mortgage rates fell this week — a mixed blessing for the fragile U.S. economy. The lower rate on a 30-year fixed mortgage is a relief for home shoppers who have been …

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