The Money Overview

Smart Spending

Safety regulators told consumers to stop wearing COOWALK heated insoles after 26 reports of fires and 23 burn injuries

Twenty-three people have suffered burn injuries and 26 fires have been reported in connection with COOWALK and COOWALI heated insoles, prompting the U.S. Consumer Product Safety Commission to warn consumers to stop using the products immediately. The agency issued the alert on June 4, 2026, after determining that the internal lithium-ion battery can explode or […]

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Smart Spending

Safety regulators told consumers to stop wearing COOWALK heated insoles after 26 reports of fires and 23 burn injuries

Twenty-three people have suffered burn injuries and 26 fires have been reported in connection with COOWALK and COOWALI heated insoles, prompting the U.S. Consumer Product Safety Commission to warn consumers to stop using the products immediately. The agency issued the alert on June 4, 2026, after determining that the internal lithium-ion battery can explode or […]

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Banking & Credit Cards

Fraud & Scams

Scam victims can check ftc.gov/refunds to see whether the FTC owes them money

Scam victims who get a surprise message saying they are owed money now have one simple way to check if it is real: look for...

Bank Accounts & Fees

The highest savings account rate available nationwide is now 4.1%

Savers shopping for the best return on their cash can now find a top advertised yield of 4.1 percent APY on a savings account open...

Fraud & Scams

A Washington retiree lost more than $300,000 to a gold-coin scam — then got a $53,000 tax bill because cashing out her investments for the scammers counted as income

A Washington state retiree handed over more than $300,000 to a precious-metals dealer that federal and state regulators later confirmed was a fraud operation targeting...

Fraud & Scams

Krispy Kreme’s data-breach settlement pays up to $3,500, with claims due June 22

Krispy Kreme customers affected by a late-2024 data breach can file claims for up to $3,500 through a class-action settlement, but the window closes on...

Bank Accounts & Fees

Banks must refund unauthorized debit-card charges reported within 60 days under federal law

Anyone who has spotted a charge they did not make on a debit-card statement faces a hard deadline: report it within 60 days of the...

Fraud & Scams

Scammers are sending photos of fake FTC badges to fraud victims — offering to “recover” the money they already lost

People who have already lost money to fraud are now receiving text messages from strangers claiming to work for the Federal Trade Commission, complete with...

Retirement & Taxes