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Riya Sharma

After charging hidden fees and opening fake bank accounts, Bank of America will pay up to $100 million to its clients

The action was taken in response to findings that the bank had broken customer-centric policies by the Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC). As of March 31, 2023, Bank of America had 68 million clients and, based on its reported resources at the time, was the second-largest…

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Update on Social Security: Before 2025, 4 adjustments are planned for Social Security

During the following 2 years, retirees may anticipate several changes to Social Security, including higher payouts and improved customer support. This year, the Social Security Administration revealed its “Vision 2025” plan, showcasing its 80-year history and outlining its objectives for the following 2 years. Higher maximum benefits With inflation, the highest possible payments retirees can get…

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For the first time in more than a century, the Republican block denies confirmation of the main US military branch’s commander

Due to a Republican senator’s refusal to cease his blockage of military nominees, a significant branch of the US military is operating without an elected leader in the Senate for the very first time in over a century. Gen. David Berger, the Commandant of the Marine Corps, handed up leadership on Monday during a private…

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