Category: payment

Wrongfully Convicted Kansas Man to Get $7.5 Million Payment

Oskaloosa, Kan.—A Kansas man who spent 16 years in prison for a rape and murder he didn’t commit will receive $7.5 million from the county where he was arrested and convicted of the crime. Jefferson County commissioners approved the settlement last week with Floyd Bledsoe, who was released from prison in 2015 after DNA evidence…


Instacart, Shipt Plan New Payment Methods for Low-Income US Shoppers

NEW YORK, NY—Grocery delivery services Instacart and Target Corp.’s Shipt said on Wednesday they will expand their payment methods for low-income U.S. shoppers in line with the White House’s efforts to ramp up healthy eating and curtail diet-related diseases. President Joe Biden on Tuesday announced plans to end hunger in the country and increase healthy…


Credit Card Holders Are Struggling to Make Payments: Why the Biggest Losers Are Goldman Sachs, Apple Pay

Big credit card issuers have released data for delinquency and charge-offs for the month of August, lending a glimpse into the latest spending habits of Americans. With prices soaring due to high levels of inflation—at 8.3 percent for August—some consumers have turned to credit cards in an effort to complement their increasingly limited budgets, while…


Direct Monthly Check Worth up to $3,345 Will Be Sent Out This Week

Eligible recipients of certain Social Security programs are set to receive their checks and payments this week, according to a schedule of payments. Individuals whose birthdays fall on the first through the 10th of the month will get their Social Security Disability Insurance (SSDI) payments on Wednesday, Sept. 14, according to a schedule from the Social Security…


First Half of Potential $1,652 Direct Payment to Be Sent in Just 2 Weeks

Millions of Supplementary Security Income (SSI) recipients will get two payments in September due to timing. The first SSI payment totaling as much as $841 will be sent out starting on Sept. 1, while the second will arrive by the end of that month, according to the Social Security Administration. The payment is due to…


1st Half of Potential $1,652 Direct Payment to Be Sent in Just 2 Weeks

Millions of Supplementary Security Income (SSI) recipients will get two payments in September due to timing. The first SSI payment totaling as much as $841 will be sent out starting on Sept. 1, while the second will arrive by the end of that month, according to the Social Security Administration. The payment is due to…


South Australia Joins Push for Ongoing Pandemic Payments

South Australia has joined eastern seaboard state leaders in calling on the federal government to reinstate pandemic leave payments, which ended on June 30. This comes as Prime Minister Anthony Albanese defended his decision not to extend the pandemic leave payment, citing the trillion dollar debt his government inherited from the Morrison government. “We’ll give…


Desperate Chinese Property Developer Willing to ‘Swap Wheat for House’

HONG KONG—A desperate developer in China’s softening property market is coming up with a novel promotion to attract buyers, recently offering to take wheat and garlic as down payments. One advertisement of Henan-based Central China Real Estate that had “swap wheat for house” in the title says buyers can use the crop, priced at 2…


PGA Championship Payout: How Much Do the Winners Take Home?

By Emily Rella It’s no new news that professional athletes are paid quite handsomely to play their respective sports. For sports like tennis and golf, where big-name tournaments draw in players and spectators a few times a year, the purse payouts for winners tend to come in a large lump sum. This year’s PGA Championship, which took place at Southern Hills…


Shift4 Payments Shares Pop as DA Davidson Initiates Coverage

DA Davidson analyst Christopher Brendler initiated coverage of Shift4 Payments Inc. with a Buy rating and $70 price target (39.8 percent upside). The shift in market sentiment amid the Fed and geopolitical uncertainty has created “rare buying opportunities” in “compelling” growth stories, Brendler contended. Shift4 Payments “fits the bill” of his preferred payments platforms with leverage to…