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Walmart scams, expensive recycling, and overdraft fees

2024/1/19
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The Indicator from Planet Money

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It is Friday. 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 ArticlesProPublica - How Walmart's Financial Services Became a Fraud Magnet)Financial Times - Petrochemical glut makes new plastic cheaper than recycled)Related episodesOverdraft 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). *Learn more about sponsor message choices: podcastchoices.com/adchoices)NPR Privacy Policy)