The Daily Money: Scammers pose as airline reps
Hello! This is Betty Lin-Fisher with Friday's consumer-focused The Daily Money.
Many of us have experienced travel delays and cancellations and it is maddening. All we want is to get to our intended destination.
When that happens, we stand in airport customer service lines, get on the airline's app to chat with a representative, call the airline, and some travelers also take to social media to try to get their problem resolved.
But now we have to also worry about scammers taking advantage of our travel frustrations.
Scammers – who are always looking for ways to target vulnerable people – are now crawling social media looking for posts from upset travelers and posing as airline customer service agents, the FTC warned in a recent alert.
The Crowdstrike glitch, which grounded or delayed thousands of flights worldwide, was the most recent example of cybercriminals taking advantage of a crisis.
What are the scammers doing and how can you protect yourself? Check out my story for more information and tips.
CD promos heat up before Fed rate cut
In a race to keep your money before the Fed is expected to begin cutting rates next month, some credit unions are offering to match or beat the return you're getting on CD's from your current financial institution.
Some offerings are as high as 9% APY, according to a story by my colleague Medora Lee.
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- Want to reduce political and other ads you see on social media?
- Free family seating may soon be required for airlines.
- Breeze Airways can now be booked on Expedia platforms.
🍔 Today's Menu 🍔
It may only be August, but for lovers of fall, Pumpkin Spice makes you think of crisp weather, the candle scent and maybe Starbucks' Pumpkin Spice Latte.
You might be able to get the popular Starbucks drink soon.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
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