Tag: dollars
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JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical glitch that allowed them to withdraw funds before a check bounced. The bank on Monday filed lawsuits in at least three federal courts, taking aim at some of the people who withdrew the highest amounts in the so-called…
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Some Juul users are receiving thousands of dollars as part of a $300 million class action settlement
Four-figure checks tend not to fall out of the sky. But a group of e-cigarette users are suddenly finding themselves with a little extra cash, thanks to a massive class action settlement involving one of America’s tobacco giants. In online forums and on social media this week, users of Juul Labs nicotine products have been…
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Treasury Department now using AI to save taxpayers billions of dollars
The latest benefit from the artificial intelligence revolution: saving American taxpayers billions of dollars. The U.S. Treasury Department said its increased use of artificial intelligence in fraud detection helped prevent or recover more than $4 billion over the past year. In a release Thursday, Treasury officials said it had been leaning especially into machine learning,…
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Billionaires poured millions of dollars into presidential super PACs in August
The nation’s wealthy opened their wallets in August with a focus on election season, donating millions to the super PACs backing Vice President Kamala Harris, former President Donald Trump and Democrats and Republicans throughout the country, according to monthly reports filed with the Federal Election Commission on Friday. The largest single-contributor donations went to MAGA…