Consumers Notably More Confident this Month
If consumer attitudes drive the economy, a recession appears less likely. The Consumer Confidence Index hit 109.7 in May, up from April’s 102.5.
Fraud Pushes Insurers to Balk, Even on Valid Claims
Fla. insurers often don’t trust anyone because fraudsters have many ways to falsify claims. But enforcement is difficult. Less than 2% of fraud actions end in convictions.
A Strange Reason Home Prices Rose? PPP Fraud
Study: In some U.S. ZIP codes, Paycheck Protection Program (PPP) fraud was so prevalent that housing prices rose 5.7 percentage points more than in low-fraud areas.
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