Money, Wealth & Power—A Daily Look at the Financial World
Retirement savings, housing, banking, prices and cash: the changes that touch your household money.
The Federal Trade Commission has started sending refunds to 6,205 customers of GOAT, the online sneaker and apparel marketplace, and the checks in this round come with a hard expiration: they must be cashed within 90 days. The payments go to shoppers who paid extra for faster shipping that did not arrive as promised and…
Farmers and businesses that paid John Deere or its dealers to repair large farm equipment over the past eight years can file for a share of a $99 million antitrust settlement through Thursday, December 31. Payments are tied to how many hours of repair labor a claimant paid for, not a flat amount. The deal…
Some people paid from a $152.2 million canned tuna price-fixing settlement watched their checks get rejected after they deposited them. The settlement administrator mailed replacement checks on September 28 with an extra $20 added to help cover the bank fees. The replacements come with a fresh 60-day window to cash them. Money that is still…
Apple has agreed to pay $250 million to settle a class action brought by buyers of its newest iPhones, who say Siri features they expected never arrived, and the deadline to file a claim is Monday, December 21. Each approved claim starts at $25 per phone and can rise to as much as $95, depending…
Amazon has agreed to pay $309.5 million to settle a lawsuit over return refunds that shoppers say never arrived or arrived short, and the shoppers who must file to share in it have until Tuesday, December 1. The settlement splits customers into two groups. One group is paid automatically. The other gets nothing unless a…
Equifax has agreed to put $100 million into a settlement over a 2022 computer coding problem that caused it to report inaccurate credit scores to lenders and other businesses, and the window to claim a share is open until Monday, December 28. The claim form is required. A person who fits the class but never…
A set of antitrust settlements with five pork processors is open for claims until Thursday, October 29, and the money behind it is not small: Clemens, Hormel, Seaboard, Triumph and Tyson have agreed to pay a combined $117.065 million to resolve claims brought on behalf of people who bought raw pork at the grocery store…
Workers 50 and older whose wages topped $150,000 in 2025 must make any 2026 catch-up contributions to a 401(k) or similar workplace plan as Roth contributions, under the threshold the Internal Revenue Service set in its annual cost-of-living notice. The extra savings still go into the account, but they go in after tax instead of…
The White House added nine more pharmaceutical manufacturers to its most-favored-nation pricing program on Monday, and the running total is the part worth reading. Twenty-six companies have now signed, and the administration says they account for 89% of the branded drug market in the United States. A year ago the number was zero. The instrument…
The grocery-price problem that has followed Republicans all year finally got a presidential answer on Friday, and the answer landed on the wrong people. Donald Trump announced that the United States would waive the out-of-quota tariff on as much as 300,000 metric tons of imported product for ground beef over the next ninety days, in…
How the week's news hits your wallet
One Washington money change, translated every weekday — what it means for your wallet.