Personal Finance News
Personal Finance
Robinhood Cash Card Adds New Cashback Offers
Looking to earn cashback on some common purchases from major brands? A popular investment app has now added reward offers to its debit card product. This week, Robinhood announced a new feature called Cash Card Offers. With these specialized, brand-specific deals, cardholders can earn cashback on select purchases. In a blog post, the company wrote, "Building on our mission to democratize finance for all by putting money back into customers'...
Economic News
Month-Over-Month U.S. Inflation Flat in July 2022
For months, the top economic story has been inflation. In turn, the debuts of new inflation reports have become appointment viewing for economists and other observers. On that note, today's release came with a bit of surprise and, overall, good news. According to the latest Bureau of Labor Statistics Consumer Price Index report, overall index item prices were flat between June and July. By comparison, prices grew 1.3% in June...
FinTech News
Income Verification Startup Truework Raises $50 Million
A company that helps lenders close loans with greater ease and speed has secured a significant funding round. This week, Truework announced that it had raised $50 million. The Series C was led by G Squared with participation from returning investors Sequoia Capital, Activant Capital, and Khosla Ventures as well as newcomers Indeed, Human Capital, and Four Rivers Group. With the funds, Truework intends to increase its hiring, while also...
Credit Card News
Capital One and REI Introduce New REI Co-op Mastercard
The popular outdoor retailer REI is changing up its co-branded credit card. After partnering with Capital One, the two companies have now unveiled the refreshed REI Co-op Mastercard. First, the REI Co-op Mastercard will earn 5% in rewards on all REI purchases. This includes regularly priced items as well as sale items, used gear, store services, and even REI gift cards. All other purchases will earn 1.5% back in rewards....
Economic News
July Report: U.S. Economy Regains Jobs Lost During Pandemic
In March of 2020, following a month that saw unemployment fall to 3.5%, the United States economy shed 459,000 jobs. This was followed up by a massive 20.5 million job loss in April, bringing unemployment to 14.7%. Now, 27 months later, the U.S. has returned to that February 2020 high. According to the latest Bureau of Labor Statistics report, the economy added 528,000 jobs in July. This was more than...
Best of the Web
Top 10 Personal Finance Articles of the Month — July 2022
It’s time again for one of my favorite features here on Dyer News: a look at the top 10 personal finance articles of the month. First, we'll look at two articles about saving money — in both senses of the term. After that, we'll talk about investing for retirement. To close things out, we'll also cover financial goalposts, a five-word reason why financial freedom is so powerful and much more. As...
Small Business News
