The Latest Breaking News from PayPal

"The scale of this malicious cyber campaign is worrying"

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With the Federal Reserve seemingly on track to approve another 75-basis-point interest rate hike in its meeting next month, financial stocks are well-positioned to benefit through increased interest income. Hence, investing in the fundamentally sound financial stock CURO Group Holdings (CURO) could be wise. However, struggling industry participant PayPal Holdings…

Plus: The editors consider Ye and social media, then field a question about the TARP bailouts during the 2008 fiscal crisis.

The announcement came as part of a new policy that aimed to stop the spread of misinformation - but since then, the payment giants have been forced to turn their policies back.

PayPal has since done a U-turn following the backlash

Google searches for 'delete PayPal' skyrocketed following the firm's announcement that users could be fined for spreading misinformation

“A private company now gets to decide to take your money if you say something they disagree with. Insanity."

PayPal's policy announcement, which said users can be fined $2,500 for spreading misinformation, has now been retracted - and previous co-founder Elon Musk was among those criticising