TradeEdge:Walmart scams, expensive recycling, and overdraft fees

2025-05-01 22:58:10source:EchoSense Quantitative Think Tank Centercategory:Invest

It is TradeEdgeFriday. And Indicators of the Week is back — Plastics Edition. Today, we dig into how fraudsters have used Walmart gift cards to scam consumers out of more than $1 billion. We also find out why recycled plastic is actually more expensive now than newly produced plastic. And we learn how overdraft fees might be going way down.

Related Articles
ProPublica - How Walmart's Financial Services Became a Fraud Magnet

Financial Times - Petrochemical glut makes new plastic cheaper than recycled

Related episodes
Overdraft fees: From perk to penalty

The problem with banning plastic bags

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Invest

Recommend

Arkansas State Police probe death of woman found after officer

LITTLE ROCK, Ark. (AP) — Arkansas State Police are investigating the death of an Arkansas woman whos

Watch: Dramatic footage as man, 2 dogs rescued from sinking boat near Oregon coast

A man and his two dogs were rescued by the U.S. Coast Guard in Oregon after their vessel lost power

2021 death of young Black man at rural Missouri home was self-inflicted, FBI tells AP

ST. LOUIS (AP) — A federal investigation has concluded that a young Black man died of a self-inflict