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YOU WONT BELIEVE: 25 | Mind Blowing Facts

‘Bank jackings’ in Chicago see robbers drain victims’ accounts with their phone apps

They grab cellphones and demand pass codes to banking apps like Zelle and Venmo. A Chicago architect who lost more than $2,000 that way says: “Don’t have any banking apps on your phone.”

Chicago Sun-Times

Stocks Settle Higher as AI Optimism Lifts Technology Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.48%. Stocks on Thursday posted moderate gains, with the Nasdaq...

Barchart

Ancestry’s CEO on how women can get ahead even when the playing field isn’t level

It’s time to become the beneficiary of your history, Deb Liu says.

Fortune

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Another Big IRS Tax Change for Online Sellers

Just in time for the holidays, the IRS is delaying a significant tax 1099-K reporting requirement for 2023.

Kiplinger

Scammers and thieves love Cyber Monday as much as you do

If you're not careful you can easily fall victim to folks who work hard to screw you over. Here are a few things to look out for.

Android Central

Regulators and law enforcement crack down on crypto's bad actors. Congress has yet to take action

While the scandals in the cryptocurrency industry seem to never end, Washington policymakers appear to have little interest in pushing through legislation to codify the structure of the industry

The Independent UK

4 ways to get cash from your credit card when you’re in a bind

Many cards offer the option of withdrawing cash–sometimes even without costly fees. Here are 4 ways to get cash back with a credit card in an emergency.

Fortune

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3 Fintech Stocks Wall Street Likes Better Than Upstart

Upstart is wrestling with an uncertain lending environment due to interest rate hikes. But here are three other fintech stocks that are thriving in the current economy.

Barchart

Wells Fargo Autograph Visa Card review: A travel rewards card for the budget-conscious consumer

Our comprehensive review of the Wells Autograph Card’s benefits, welcome bonus and how it compares against competitors.

Fortune

PayPal Has Unusual Call Options Activity Today - Showing PYPL Stock is Too Cheap

PayPal shows unusually large call options activity today. It highlights how cheap PYPL stock is now. Its Q3 adj. free cash flow was very strong, implying PYPL could be worth over 50% more.

Barchart

Billionaire Citadel founder Ken Griffin says employers won't go the 'extra distance' to keep hybrid workers on the payroll: 'It's an email to all ... and goodbye'

Citadel founder Ken Griffin says managers are less likely to fight for remote and hybrid workers in a layoff process.

Fortune

I listed boots for sale online and was scammed out of $1,000. It could happen to you

I thought I was tech-savvy enough not to click on links I shouldn’t. But in the end I was too trusting

The Guardian - AU

Your Favorite Payment Apps May Face Federal Scrutiny

A new payment app proposal would make PayPal, Apple Pay and more abide by some of the same rules as big banks and other financial institutions.

Kiplinger

How Adyen is trying to avoid a PayPal style slump

Fintech darling Adyen is feeling the heat from PayPal competition and slowing consumer spending.

Fortune

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Zenger

Crypto Analyst Foresees 3900% Boom In Smart Contract Market

Bloomberg crypto analyst Jamie Coutts projected a potential explosion in the market cap of smart contract cryptocurrencies

Barchart

Block vs. PayPal: Which Fintech Stock Is the Better Buy Right Now?

Although both Block and PayPal reported strong third quarter results, Wall Street has higher growth forecasts for one of these fintech stocks, thanks to its potential to drive exceptional growth once the economy improves.

The Independent UK

Bankman-Fried's trial exposed crypto fraud but Congress has not been eager to regulate the industry

The conviction of former cryptocurrency mogul Sam Bankman-Fried for stealing at least $10 billion from customers and investors is the latest black mark for the crypto industry

Zenger

PayPal Q3 Is ‘All About’ New CEO’s Vision: 5 Analysts Explore Earnings, Prospects

Shares of PayPal Holdings Inc (NASDAQ: PYPL) rose in early trading on Thursday, after the company reported its third-quarter (Q3) results

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news in one place.

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Zenger

PayPal Receives SEC Subpoena Over PYUSD Stablecoin

SEC's enforcement division requests documents from PayPal regarding its USD-pegged stablecoin

Fortune

PayPal discloses it was subpoenaed by the SEC over recently launched stablecoin

The payments firm launched the stablecoin in August.

The Guardian - UK

FCA acts against PayPal and QVC as more Britons turn to buy now, pay later

Payments group and TV shopping channel change small print after financial regulator steps in

The Independent UK

FCA finds significant increase in number of people buying now and paying later

The regulator said it wants to ensure that consumers, particularly those in vulnerable circumstances, have adequate protections.

Barchart

U.S. Consumer Spending Suggests PayPal Could Be a Contrarian Options Play

The Commerce Department reported yesterday that the economy’s annual growth rate was 4.9% in the third quarter, the fastest pace in almost two years, and more than double the second quarter.

Fortune

Twitter/X plans to launch service to control your 'entire financial life' within a year

One year in, the social media owner pursues his plan for an "everything" app. He's been plotting this ever since the PayPal Mafia days.

Barchart

3 Ways to Make Money From April’s Unusually Active Options

The S&P 500 is down in midday Thursday trading, the ninth down day out of the past 11. It’s been another tough month in the markets. However, if you look to April and springtime, these unusually active options could make you money.

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Tyler Pasciak LaRiviere

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