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Wells Fargo CEO Charles Scharf said Wednesday that while corporations and higher-income consumers are thriving, lower income Americans are struggling to stay afloat.The bank’s data shows that “companies are in really great shape” and spending and debt repayment rates among all income levels has been steady, but there are signs of stress among lower earners, Scharf said in an interview on CNBC’s Squawk Box.”There is this big dichotomy between higher-income and lower-income consumers which continues and is a real issue,” Scharf said.”The low end is spending the money that they have, so their balances are below … pre-pandemic levels; they…

by Mia Taylor Last updated: 3:05 PM ET, Tue September 9, 2025 In the age of ubiquitous iPhones and countless other similarly impressive devices with built-in cameras, ‘selfies’ have become a standard part of the travel experience.But they’ve also become a deadly travel hazard (at least in some cases). A new study conducted by The Barber Law Firm ranks the countries around the world where it’s most dangerous to try and capture that selfie for posterity.To develop this ranking, the Texas-based law firm researched selfie-related incidents around the world that occurred between March 2014 to May 2025. To identify these…

Spotify is finally launching high-quality, lossless music streaming support for premium account holders after years of waiting. The company first talked about a hi-fi tier in 2021 — which would offer CD-quality audio –but the plan faced multiple delays, partially due to licensing issues. Last year, CEO Daniel Ek said that the company was in the “early days” of launching lossless streaming support. Over the past few years, reports and code hints in the app suggested that the company was planning to introduce a more expensive tier for lossless music as well. Now the company is finally releasing support for…

Fintech company Pipe is partnering with Uber in a new effort to help small businesses acquire loans with fewer barriers to access, CNBC has learned.Pipe is teaming up with Uber Eats to add its embedded technology to the company’s restaurant manager app. Eligible restaurants will see pre-approved capital offers from Pipe that are customized based on the businesses’ revenue and cash flow.The new partnership will start rolling out widely this week on Uber Eats, according to Pipe.The Uber Eats Manager app for restaurants, which houses thousands of restaurants in the U.S., functions as a one-stop shop for restaurants to monitor…

As AI is increasingly helping hackers to launch mass-scale email attacks, former Google security leaders have joined forces to build autonomous AI agents that aim to stop phishing, malware, and business email compromise threats before they ever reach user inboxes. That is the mission behind AegisAI, a new email security startup that has just emerged from stealth with $13 million in seed funding co-led by Accel and Foundation Capital. More than 90% of successful cyberattacks begin with a phishing email, per U.S. federal cybersecurity agency CISA. A recent CrowdStrike study (PDF) also found that phishing messages generated by large language…

PARADISE, Calif. (AP) — One of the deadliest wildfires in U.S. history, the Camp Fire in Paradise is among the many natural disasters that have upended American students’ learning over the past decade. Damaged schools, lost homes and layers of trauma have left a mark on thousands of children — a scenario sure to continue as climate change makes these events more frequent and more intense.The challenges that persist in Paradise nearly seven years later are a reminder of how long learning recovery can take, and a lesson on how schools can give traumatized kids a better chance of thriving…

PARADISE, Calif. (AP) — Nearly seven years after Paradise was ravaged by wildfire, the foothill town smells like pine trees again. New homes are sprouting up on once-scorched lots. Construction trucks rumble through neighborhoods. An ice cream shop recently opened around the corner from the newly rebuilt high school.But in the town’s classrooms, recovery has been more complicated — and much slower. Even as Paradise gradually rebuilds schools lost to California’s 2018 Camp Fire, officials have found getting kids on track academically — and recreating a tight-knit, thriving school community — is a lot tougher than just flipping on the…

WASHINGTON (AP) — Former Vice President Kamala Harris says it was “recklessness” for Democrats to leave it to President Joe Biden to decide whether to continue seeking another term last year, but she defends his ability to do the job, according an excerpt of her new book.Harris, in an excerpt of “107 Days” published Wednesday in The Atlantic, writes that as questions swirled about whether the then-81-year-old Biden should seek reelection, she and others left the decision to him and first lady Jill Biden. “Was it grace, or was it recklessness? In retrospect, I think it was recklessness,” Harris said.The…

The Dominican Republic continues to be among the world’s most sought-after destinations.In addition to sun-kissed beaches, crystal-clear waters and world-class accommodations, golf and other one-of-a-kind experiences, the country is incredibly easy to access.  Travel Documents Required to Visit the Dominican RepublicThe Dominican Republic is the most-visited destination in the Caribbean and that means it’s clearly doing something right. Visitors will only need to present a valid passport and be able to produce proof of a return flight booking to enter without issue.That puts the DR on par with most other top countries around the globe.Dominican Republic Entry Fees There are no separate…

In a bid to retain users and increase engagement, Tinder is overhauling some of its existing features into new, redesigned “modes,” in addition revamping its home screen. The app is getting two new modes, Double Date and College Mode — essentially extensions of existing features — alongside a “For You” mode on the home screen that presents the classic Tinder experience. The company said it will add more dating modes that will lean into interests, dating intentions, and different ways to connect. Tinder in June launched the Double Date mode, which lets users pair up with a friend and match…