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Credit Card Chargebacks Surge As E-Commerce & Cashless Society Gets Messy For Consumers
Credit Card Chargebacks Surge As E-Commerce & Cashless Society Gets Messy For Consumers
US consumers are disputing card purchases at a record pace, as online fraud, confusing billing practices, and sneaky subscription charges drive a surge in chargebacks.
Bloomberg cites new data from research firm Juniper Research on consumers' aggressive use of chargebacks. Last year alone, US consumers filed 158 million transaction disputes, up 29% from 2021 and outpacing overall growth in card spending. Global disputes jumped 46% over the same period.
The increase may reflect not only more legitimate fraud but...
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Jun 29, 2026 / Tyler Durden
Record 1 In 16 People Worldwide Now Use Drugs, UN Report Says
Record 1 In 16 People Worldwide Now Use Drugs, UN Report Says
Authored by Naveen Athrappully via The Epoch Times,
One out of every 16 people in the world uses drugs, the highest level at any point in human history, the United Nations said in a June 26 post on X.
“While cannabis remains the most widely used drug, the global cocaine market has reached record levels,” the U.N. stated in the post. In the 10 years between 2014 and 2024, global production of cocaine has surged by more than 370 percent.
The...
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Oct 12, 2026 / Tyler Durden
Watch: Trump Says Russia & Ukraine 'Agreed' To Ceasefire Because He Told Them They Did
Watch: Trump Says Russia & Ukraine 'Agreed' To Ceasefire Because He Told Them They Did
Update(1828ET): President Trump in a late in the day Monday exchange with reporters said that Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin must come together to end the war.
He told the press at the White House that there had been violations of his proposed "energy ceasefire" by both Ukraine and Russia. Trump had previously stated that the warring sides agreed to an energy ceasefire, which Zelensky has balked at, saying specifics of when such...
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Mar 21, 2026 / Philip Giraldi
On the Road to Armageddon
I had thought the United States government had hit a new low point last week when the Federal Commission of Fine Arts approved a Semiquincentennial 250th anniversary commemorative 24 karat gold coin featuring President Donald J Trump leaning on his his desk with clenched fists and scowling but that was before Secretary of War Pete Hegseth demanded $200 billion from […]
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