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The Prime Reasons to Avoid Amazon

Amazon’s now-legendary “Prime Day” is July 8-11. Much like Black Friday or Cyber Monday, this means sales on lots of items on Amazon’s vast marketplace, and as such many people flock to the giant’s website to get sweet deals on everything from computers to small kitchen appliances and more. While many of us are feeling the financial crunch more than ever, I urge you, dear reader, to resist the allure. I don’t typically have strong opinions about where people chose to shop or how they decide to s

Problems the AI industry is not addressing adequately

I think the AI industry is facing a handful of urgent problems it’s not addressing adequately. I believe everything I write here is at least directionally true, but I could be wrong. My aim isn’t to be definitive, just to spark a conversation. What follows is a set of expanded thoughts on those problems, in no particular order. Disclaimer: Not everyone in AI is as bad as I’m making them sound. I’m flattening a wildly diverse field into a single tone, which is obviously reductive. People are dif

I'm Losing All Trust in the AI Industry

I think the AI industry is facing a handful of urgent problems it’s not addressing adequately. I believe everything I write here is at least directionally true, but I could be wrong. My aim isn’t to be definitive, just to spark a conversation. What follows is a set of expanded thoughts on those problems, in no particular order. Disclaimer: Not everyone in AI is as bad as I’m making them sound. I’m flattening a wildly diverse field into a single tone, which is obviously reductive. People are dif

The wanton destruction of a creative-tech era

Fastly, you killed glitch.com and ruined your karma for 10,000 years. You have “betrayed yourself for nothing.” Glitch was an idealistic place where people gathered and made sites, were inspired by other people’s sites and remixed them, and generally enjoyed themselves. Of course a site like that takes money to run, of course you need people to run it - it was specifically better because of the people that ran it. And I can only be very sympathetic to the fact that it cost money - that it only

Grammarly Adds Superhuman Email App to Build an AI Suite for Users, Report Says

Tiffany Connors Editor Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazin

T-Mobile Data Breach Settlement Checks Are Showing Up: Here's What to Know

Could you use a little extra money this summer? Check your bank account -- there may be an unexpected deposit from a company you may not recognize. It could be the money you're due from T-Mobile's 2022 class-action settlement. Those who qualify were told to expect settlement checks in April, but then that was moved to May. And now, in mid-June, as cited by Android Authority, Reddit users are saying they are seeing money in their bank accounts. Some are saying they received $56, but others are re

T-Mobile Data Breach Settlement Checks Are Arriving Finally: Here's the Scoop

Some extra cash would be useful about now, right? Check your bank account -- there may be an unexpected deposit from a company you may not recognize. It could be the money you're due from T-Mobile's 2022 class-action settlement. Those who qualify were told to expect settlement checks in April, but then that was moved to May. And now, in mid-June, as cited by Android Authority, Reddit users are saying they are seeing money in their bank accounts. Some are saying they received $56, but others are

Copilot Money is the budgeting app you’ve been looking for

Managing your finances is more important now than ever, and Copilot Money is the best way to do it. Copilot Money is a beautifully designed, powerful budgeting app for iPhone, iPad, and Mac to help you stay on top of all aspects of your financial life. And recently, Copilot Money launched a major new feature: Savings Goals. Copilot Money: The award-winning budgeting app Copilot Money is an award-winning budgeting app available natively across Apple’s platforms: iPhone, iPad, and Mac. The app

The symbol of earthly good, and the immediate object of toil

The symbol of earthly good, and the immediate object of toil. Thursday afternoon I belatedly fulfilled a promise to post a book to Wilcannia. The school day was just finishing and as I left the Post Office I overheard a child around eight years old: Dad, I was so good today I got FIVE stickers. Dad was a little distracted, navigating cars and pavements and no doubt the shopping list for tonight’s dinner. Dad, I was so good at music today I got FIVE STICKERS! I noticed Dad respond, but I did

Can No-Buy July Help You Save Money? It Can Do So Much More

Buying only the basics was easier -- and way more fun -- than I ever thought it could be. Jeffrey Hazelwood/CNET No-buy challenges have been around for a while but they're getting a new burst of energy this summer. Social media users are inviting newbies and veterans alike to curb overconsumption and save money with "no-buy July." Also called "low-buy July," the challenge doesn't mean spending no money at all. After all, you can't avoid paying for essentials like housing, food and utilities. B

Interest Rates Are Sizzling This Summer. Here's How You Can Cash In

Your savings will grow faster in this account. Kristina Kokhanova/Getty Images Until recently, reviewing the interest earned on my savings account was a snoozefest. If I was lucky, my balance increased a whole cent or two each month. Interest rates -- like temperatures -- are high right now. You just need to look in the right place. Instead of the meager annual percentage yield I'm getting with my current savings account, I can net up to 4.5% APY with one of today's top CDs. That means my inte

Rocket Money Review 2025: CNET's Editor's Choice Winner for Best Budgeting App

If you're looking for a budgeting app, Rocket Money should be at the top of your consideration list. Easy to use, affordable and chock-full of features, Rocket Money is a great fit for the average budgeter looking to get a handle on their finances. That's why it won CNET's 2024 Editors' Choice award for best overall budgeting app. Here's a look at what you'll get with Rocket Money. 9.4 Rocket Money Buy at Rocket Money Like Affordable Affordable Easy to use Easy to use Savings goals Savings

Monarch Money Review 2025: Best Budgeting App for Couples

Managing your money can be hard enough, but managing money as a couple can be especially tricky. Fortunately, a budgeting app can make things easier. Monarch Money is designed for joint budgeters, with features like shared goal tracking and monthly reports to help you stay on the same page. The app gets great ratings with Apple and Android users, with 4.9 stars out of 5 on the App Store and 4.7 stars on Google Play. I tested it out to see if these scores were warranted, and I was impressed. Her

Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar race

Fiserv is making a big entrance into the stablecoin market. The payments and fintech giant announced on Monday plans to roll out a new blockchain-based digital asset platform anchored by a U.S. dollar-pegged stablecoin called FIUSD — a product it hopes will bring thousands of banks and millions of merchants into the crypto economy by year's end. The new offering is designed to plug directly into Fiserv's sprawling global network, which already processes 90 billion transactions a year across 10

On starting The Mix and finding diverse funding sources for indies | Justin Woodward

Justin Woodward started out as one of the small cogs in the big wheel of the game industry. He studied game art and design in college. Then he got a job at a triple-A game company as a 3D background artist. But he decided he would rather be a game designer instead of being one among many 3D artists. He started his own graphic design studio, doing tasks like logo design that could connect him with entrepreneurs. He learned how to fund projects and create businesses. He went on to create an indie

The stablecoin evangelist: Katie Haun’s fight for digital dollars

In 2018, when Bitcoin was trading around $4,000 and most Americans, at least, thought cryptocurrency was a fad, Katie Haun found herself on a debate stage in Mexico City opposite Paul Krugman, the Nobel Prize-winning economist who had dismissed digital assets as near worthless. As Krugman focused on Bitcoin’s wild price swings, Haun steered the conversation toward something else — stablecoins. “Stablecoins are really interesting and really important to this ecosystem to hedge against that volat

Social Security Is Set to Dry Up Even Sooner. That's Why I'm Not Relying on It for Retirement

Getty Images/Zooey Liao/CNET If you're banking on Social Security to fund your retirement, you may want to think twice. A new forecast from the Social Security Administration shows that Social Security trust funds will be depleted by 2034, a year sooner than initially forecast. At this time, you'll only be able to receive 81% of your benefits, reducing the amount you'll get paid. As a personal finance expert who saved enough to retire comfortably at 40, I've worked with dozens of clients to h

T-Mobile Data Breach Settlement Checks Are Arriving: Here's the Scoop

Check your bank account lately? Is there an unexpected deposit from a company you don't recognize? It could be the money you're due from T-Mobile's 2022 class-action settlement. Those who qualify were told to expect settlement checks in April, but then that was moved to May. And now, in mid-June, as cited by Android Authority, Reddit users are saying they are seeing money in their bank accounts. Some are saying they received $56, but others are reporting amounts as high as $375. The account the

The Fed's on Pause, but You Shouldn't Be. Here Are 4 Smart Financial Moves to Make Today

Make the most of your money while rate cuts are on hold. Maria Forbes/Getty Images Despite mounting pressure to lower interest rates, the Fed chose to keep rates where they are at this week's Federal Open Market Committee Meeting. With interest rate cuts on hold so far this year, policymakers have more time to assess how the economy responds to tariffs, layoffs and geopolitical conflict. "More of the same" doesn't mean status quo for your finances. The Fed's decisions (including its forecasts)

The Fed's on Pause, but You Shouldn't Be. 4 Smart Financial Moves to Make Today

Make the most of your money while rate cuts are on hold. Maria Forbes/Getty Images Despite mounting pressure to lower interest rates, the Fed chose to keep rates where they are at this week's Federal Open Market Committee Meeting. With interest rate cuts on hold so far this year, policymakers have more time to assess how the economy responds to tariffs, layoffs and geopolitical conflict. "More of the same" doesn't mean status quo for your finances. The Fed's decisions (including its forecasts)

Don't Let Sneaky Subscriptions Ruin Your Budget. Americans Spend More Than $1,000 a Year on These Services, CNET Survey Finds

Cole Kan/CNET Looking for ways to cut back on your budget? Start with your subscriptions. Think about how much you're paying monthly for your Netflix, Amazon Prime and Instacart subscriptions alone. The costs can quickly add up. CNET's second annual subscription survey found that the average US adult spends $1,080 per year on subscriptions -- averaging to $90 per month. Even more alarming, US adults are wasting nearly $200 a year on unused subscriptions. With prices remaining high and tariffs

Interest Rates Are Still High, and CDs Are Paying Big This Summer

CDs are quietly winning with guaranteed returns. Kristina Kokhanova/Getty Images All the financial headlines talk about interest rates being at 20-year highs. We're living in a rare period with certificates of deposit offering yields we haven't seen in over a decade. The Federal Reserve meets tomorrow, but it won't cut interest rates until the fall at the earliest. The other day, I realized I wasn't taking advantage of the moment. I was staring at my static savings account balance, kind of lik

If OpenAI and Microsoft Break Up, What Does It Mean for Copilot? Try These AI Alternatives

Tiffany Connors Editor Tiffany Wendeln Connors is a senior editor for CNET Money with a focus on credit cards. Previously, she covered personal finance topics as a writer and editor at The Penny Hoarder. She is passionate about helping people make the best money decisions for themselves and their families. She graduated from Bowling Green State University with a bachelor's degree in journalism and has been a writer and editor for publications including the New York Post, Women's Running magazin

Elon Musk’s xAI is reportedly seeking a $4.3B equity raise

In Brief Elon Musk’s startup xAI is trying to raise a $4.3 billion equity investment, according to a report from Bloomberg. This equity funding would be in addition to the $5 billion that Musk is allegedly trying to raise in debt funding for the combined entity of X and xAI. The company appears to be raising money again after landing a $6 billion cash infusion in December, because it has already spent much of its money. xAI makes Grok, the AI chatbot that’s embedded inside the social network

CDs Are Still Paying Big Interest on Your Savings This Summer -- Before Fed Cuts Rates

CDs are quietly winning with guaranteed returns. Kristina Kokhanova/Getty Images The other day, I found myself staring at my static savings account balance, kind of like when you open the fridge for the fifth time, hoping something new will appear. My money was just sitting there in the bank, earning next to nothing. That's when I realized I wasn't taking advantage of the moment. All the financial headlines talk about interest rates being at 20-year highs. We're living in a rare period with ce

Commuters in South Korea will soon be able to pay fares using Apple Pay

More than two years after landing in South Korea, Apple Pay is about to fill one of its biggest gaps in the country: public transportation support. However, the win might be short-lived. Here’s why. Transit card provider Tmoney confirmed Monday that its system will soon work with both iPhones and Apple Watches. Once live, users will be able to tap to pay for subway and bus rides across the country. As observed by Korea JoongAng Daily (via Reddit), there’s no official launch date just yet, but

Amazon and Walmart May Issue Their Own Company-Crypto

Retailers like Amazon and Walmart pay fees to credit card companies every time a customer uses their Visa or Mastercard. And it’s no secret that retailers are not happy with that chunk of change that gets siphoned off. But thanks to the emergence of digital money, these retailers are reportedly itching to get away from the big banks. In fact, they may even issue their own stablecoins, according to a new report from the Wall Street Journal. Amazon’s efforts to develop a stablecoin are still in t

When random people give money to random other people (2017)

A post on Decision Science about a problem of Uri Wilensky‘s has been making the rounds: Imagine a room full of 100 people with 100 dollars each. With every tick of the clock, every person with money gives a dollar to one randomly chosen other person. After some time progresses, how will the money be distributed? People often expect the distribution to be close to uniform. But this isn’t right; the simulations in the post show clearly that inequality of wealth rapidly appears and then persists