Author: Kyle Burbank
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United States Economy Gains 339,000 Jobs in May 2023
Defying expectations once again, the United States economy managed to add a significant number of jobs last month. About the May 2023 jobs report: According to the Bureau of Labor Statistics, the economy gained 339,000 jobs in May 2023. That’s far higher than the 190,000 figure that economists projected. What’s more, April’s jobs number was adjusted…
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Discover Announces 5% Bonus Categories for Q3 2023
With June now underway, Discover is looking ahead to the third quarter of the year and announcing what bonus categories cardholders will earn up to 5% back on starting next month. About Discover’s Q3 2023 categories: From July 1st through September 30th, Discover It cardholders will be able to earn up to 5% back in…
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Holiday Inn Club Vacations Partners with Imprint for New Card
A well-known timeshare brand is launching its own rewards credit card. This week, Holiday Inn Club Vacations (which is separate from IHG Hotels & Resorts and the core Holiday Inn brand) announced that had partnered with the FinTech startup Imprint and issuer First Electronic Bank to create the Holiday Inn Club Vacations World Mastercard. About…
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Are People Just Now Learning About Vegas’ Tricky Game Rules?
Vegas casinos want your money! Okay, that part you knew — but were you aware of some of the tricky tactics they use to try to get more of it? Earlier this week, the Wall Street Journal published a report that gamblers lost nearly $1 billion at Las Vegas Strips casino Blackjack tables last year,…
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Bilt Announces June Rent Day Challenge for Its Birthday
With the first of the month just around the corner, Bilt is once again readying for its Rent Day promotion. This time around, in celebration of the platform’s birthday, it will be hosting a special edition of its Rent Day Challenge, giving customers and cardholders a chance to win major prizes. This month’s offer: On…
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Greenwood Acquires Fellow Neobank Kinly
Two banking startups are joining forces to further their mission of helping Black America build generational wealth. Earlier this month, Greenwood announced its acquisition of Kinly. According to a press release, the transaction will bring “the two largest FinTechs focused on the Black community together as one company.” Moreover, with 300,000 Kinly members joining Greenwood,…
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Report: 60% of Amazon Sales Come From Independent Sellers
The Internet’s everything store Amazon has released a new report highlighting the impact that small businesses and independent sellers on the site had in 2022. From the report: According to Amazon’s latest Small Business Empowerment Report, 60% of the site’s sales come from independent businesses. Amazon notes that “most” of these independent sellers are small…
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Pawn Lending Alternative Pesto Announces New Funding Round
A startup that’s looking to disrupt the pawn shop loan market is ready to hit the scene. This week, Pesto announced a new round of funding, while also launching the Pesto Mastercard. About the funding round: The FinTech firm Pesto has revealed a fresh round of funding. While the amount of the round was not…
