In May 2025, the Wells Fargo Bank Settlement reached a crucial stage in resolving one of the most far-reaching class-action lawsuits in banking history. This case revolves around the bank’s alleged misconduct involving the unauthorized opening of millions of accounts without customer consent. This guide outlines the latest updates, eligibility details, claim submission process, expected … Read more
In May 2025, millions of Georgia residents are eligible to receive a state income tax rebate of up to $500 as part of a $1 billion surplus refund initiative signed into law by Governor Brian Kemp. The rebate is designed to return excess state revenue to taxpayers and reflects the state’s continued economic strength and … Read more
In response to ongoing economic challenges, the U.S. government has approved a one-time stimulus payment of $1,702 for 2025. This initiative aims to ease financial stress for millions of Americans affected by inflation and unstable economic conditions. Unlike pandemic-era recurring payments, this is a targeted, single-time financial relief effort. Purpose of the $1,702 Stimulus Payment … Read more
As of May 2025, wage reforms continue to reshape the labor landscape across the United States. While the federal minimum wage remains unchanged at $7.25 per hour—a rate stagnant since 2009—many states, cities, and counties have implemented their own wage increases. These changes are designed to keep pace with inflation, tackle income inequality, and provide … Read more
Millions of Americans rely on Social Security and Supplemental Security Income (SSI) benefits to meet their financial needs. These payments provide essential support to retirees, people with disabilities, and low-income individuals. In 2025, the Social Security Administration (SSA) will continue its structured payment system, though some dates will shift due to weekends and federal holidays. … Read more
If you’ve used Cash App anytime between August 23, 2018, and August 20, 2025, you could be eligible for a payout from a proposed $15 million class action settlement. The lawsuit accuses Cash App and its parent company, Block, of mishandling user data security, which led to unauthorized access and fraudulent transactions. Here’s what you … Read more
Millions of Americans with federal student loans may soon face higher monthly payments as policymakers in the House of Representatives consider sweeping changes to repayment programs. These proposed revisions, backed by House Republicans, could reverse recent efforts aimed at reducing borrower burdens and instead impose stricter terms that significantly increase repayment costs. According to updated … Read more
In May 2025, Wells Fargo is at the center of one of the largest consumer banking settlements in U.S. history. Following years of controversy, the bank has agreed to pay $1 billion to settle a major class-action lawsuit related to unauthorized account openings. Millions of Americans were unknowingly signed up for bank accounts, credit cards, … Read more
In May 2025, over 7 million Supplemental Security Income (SSI) recipients will notice an unexpected change: no payment will be made in June. This disruption is due to the way SSI payments are scheduled, not a reduction in benefits. The Social Security Administration (SSA) typically issues SSI checks on the first of each month. However, … Read more
In May 2025, the U.S. government continues its initiative to support economically struggling immigrants with a $500 Social Security stimulus payment. This effort targets legally residing immigrants who contribute to the American workforce yet face increasing financial strain due to inflation, rising housing costs, healthcare expenses, and utility bills. By delivering this direct financial relief, … Read more