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- Is Temu legit? (5 5 25)
Is Temu legit? (5 5 25)
Sally McDonald
May 05, 2025
Today’s Sponsor
💵 Today’s Top Stories
 | Online marketplace Temu splashed onto the scene with a Super Bowl commercial. It offers up to 90% off, free shipping and free returns. Is it the real deal? Team Clark tested it to find out. Read more. |
 | The Rule of 72 sounds complicated. But this simple math tells you how long it will take for your money to double. Read more. |
Sponsor | Retirement should feel like a never-ending summer—easy, breezy, and totally yours. This guide is packed with tips to help you dodge the stress, make smart moves, and focus on what really matters: enjoying the good life, your way. |
 | With an annual fee of $95 and a welcome bonus worth up to $1,250, this card is also one of the best travel rewards cards on the market. Read more. |
 | “We’re pulling your credit score” can be unnerving for multiple reasons, including the potential for it to bring down your score a bit. But what determines a hard or soft pull? Read more. |
 | The cell phone carrier just revealed two new unlimited plans to replace the Go5G plans. Here’s what you get for $85 and $100 per line and how the plans compare to AT&T and Verizon. Read more. |
📦️ Amazon Continues To Re-Shape Delivery Business
Earlier this year, one of our staff members came across someone’s New Year’s Resolution online that read: “Buy less [stuff] from Jeff.”
Jeff, of course, is Jeff Bezos, founder of Amazon. If you’re buying goods online, chances are Amazon is on your credit card statement somewhere.
Despite ascending to one of the largest companies in the world, Amazon is not done building out its shipping network. It just announced plans to invest more than $4 billion into its delivery service in rural locations by the end of 2026, including:
200 new delivery stations
100,000 new jobs
1 billion+ in extra package delivery capacity
13,000+ rural ZIP codes with improved service
That’s not the only major announcement in the shipping business last week. UPS also announced it will cut 20,000 jobs this year and close 73 locations before July 1.
UPS has been distancing itself from Amazon. Said UPS CEO Carol Tome: “[Fulfilling shipments from Amazon centers] is not profitable for us, nor a healthy fit for our network.”
UPS plans to cut the business it does with Amazon in half in the next year or so.
Amazon continues to add market share in the private delivery business at the expense of every major competitor. Here are the current standings.
USPS: 31%
Amazon: 28%
UPS: 21%
FedEx: 17%
Others: 3%
🏠️ Today’s Current Mortgage Rates
According to Freddie Mac, 30-year mortgage rates are 6.76% and 15-year rates are 5.92% as of May 1, 2025. The following chart shows the 30-year mortgage rate trend over the last year.
📊 Stat of the Day
🏈 $35 to $40 million: The amount the University of Texas is expected to spend paying members of its college football team during the 2025 season. That would be an all-time record. The roster includes quarterback Arch Manning, the nephew of Peyton and Eli Manning.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
It’s time for "Clark Stinks!" Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, Clark talks about innovation in the face of tariffs. A new tool has been created to help businesses navigate prices, and it is a great example of American ingenuity.
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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