This week’s top story: Smart Money podcast on money scams, and renting credit card tradelines for cash. In other news: AI and hiring decisions, June 2023 rent report, and CFPB warning that student loan borrowers will struggle with repayment.
Smart Money Podcast: Money Scams, and Renting Credit Card Tradelines for Cash
This week’s episode starts with a discussion about new scams, including Google Voice and AI scams.
AI Could Prevent Hiring Bias — Unless It Makes It Worse
Advocates say AI can eliminate human biases in hiring. Skeptics point out that AI tools are trained by … humans.
June Rent Report: Rent Growth Is Cooling, but Prices Remain High
The May data, released June 6, shows typical rent prices in the U.S. are now $2,048.
Student Loan Borrowers Will Struggle With Repayment, CFPB Warns
One in five borrowers could struggle when student loan payments resume later this summer.