The federal Consumer Financial Protection Bureau finalized a rule that could significantly reduce overdraft fees starting October 1, 2023, potentially saving consumers up to $5 billion annually. Large banks and credit unions will have options to set fees, including charging based on service costs, a flat $5 fee, or a profitable amount with full disclosure. The rule aims to address predatory fees that disproportionately impact low-income consumers living paycheck to paycheck, with less than 10% of consumers responsible for nearly 80% of fees, according to the CFPB.
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That ‘lizard, lizard, lizard’ stuck in your head? It’s from a new Pixar movie
A new cartoon lizard named Tom from Pixar's post-credits scene in "Elio" has gone viral on TikTok, inspiring over 78,000 videos and numerous musical remixes. The meme features Tom smacking a screen while an automated voice repeats "lizard," leading to creative fan content and official acknowledgment from Pixar, who teased his appearance in the upcoming film "Hoppers." Want More Context? 🔎
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