Black America to receive billions from Biden’s BBB plan — here are the hard numbers
The White House and members U.S. Congress have been dropping hints that they are nearing a deal on the Build […] The post Black America to receive billions from Biden’s BBB plan — here are the hard numbers appeared first on TheGrio.news.yahoo.com
Better Business Bureau warns of stimulus scams
ROANOKE, Va – As Americans across the country start to receive their third stimulus checks, the Better Business Bureau is warning people to avoid potential scams. Staff says there has been a major influx of scammers hoping to steal personal information since the pandemic started. The Better Business Bureau says you should never pay any money to get your check sooner or give out other incriminating information. “With three different stimulus payments, with all the other programs that have been in place with other concerns of people had that we saw a huge increase in complaints last year if it was almost exclusively pandemic related,” Julie Wheeler President of Better Business Bureau Serving Southwest VA said. The Internal Revenue Service does have a website that can be used to track when your payment is set to be made.
New BBB report shows 25% increase in scams due to pandemic
More than 46,000 scams nationwide were reported to the Better Business Bureau Scam Tracker in 2020. The BBB scam tracker saw nearly 25% more reports in 2020 compared to 2019. “Locally, the (government agency) imposter scams were number one followed very close to online scams. His regret is finding out about the BBB Scam Tracker after the fact. The FTC found the gift cards scammers ask for the most are Ebay, Google Play, iTunes, Amazon and Target.
Better Business Bureau warns of puppy scam spike due to the pandemic
ROANOKE, Va. The national Better Business Bureau Scam Tracker shows more fraud pet website reports in April than the first three months of 2020 combined. In Virginia, 27 puppy scams were reported since this March with more than $8,000 dollars scammed; one victim is in Roanoke. A 2017 BBB study shows 80% of sponsored links for pet searches are a scam. If you see a fraudulent site, report it here on the BBB Scam Tracker. Below are BBBs tips on what to look out for so you dont fall victim to a puppy scam.
Lured by low rates, companies issue high-grade debt at one of the fastest paces ever this week
Companies rushed to sell $69 billion in high-grade bonds this week, the second-highest weekly amount ever, according to BofA Securities. "I think this is going to be another year where issuance volumes are down," said Hans Mikkelsen, head of investment grade corporate strategy at BofA Securities. He said the rate on the ICE/Bank of America investment grade bond index is 2.87%, about the same it was at in early September. That represents the rate on corporate bonds at all investment grade rating levels that have an average 11 years before maturity. Mikkelsen expects this year's total issuance to trail last year's $1.205 trillion in investment grade debt.cnbc.com