Aussie banks to return $19 million charged in high fee to low-income customers By Reuters – Investing.com
(Reuters) – Four Australian banks will refund a combined A$28 million (U.S. $18.95 million) to low-income customers after an investigation by the corporate regulator found they were kept in bank accounts that charged high fees when they were eligible for cheaper products. A report released on Monday by the Australian Securities and Investments Commission (ASIC) […]
Minnesota trooper charged in ‘full throttle’ crash that killed high school cheerleader 2 weeks before graduation
A Minnesota state trooper has been criminally charged for causing a three-vehicle crash that killed a high school cheerleader and injured five others just two weeks before graduation. At approximately 5:45 p.m. on May 18, Officer Shane Roper of the Minnesota State Police was involved in a traffic accident. The 32-year-old officer was reportedly T-shaped […]
Would-be Trump assassin tried to join high school shooting club, was rejected for being ‘comically bad’ shot
The Pennsylvania man who tried to assassinate President Donald Trump during a rally on Saturday joined his high school rifle team but was rejected for his “terrible” shooting skills and telling “vulgar” jokes. Crooks, 20, opened fire with an AR-style rifle at the Butler Farm Show, killing one Trump hero and wounding two others, but […]
Home Buyers Remain on Strike, Housing Market Still Frozen as Prices Are Too High, Mortgage Rates Still 7%
Estimated Reading Time: 2 minutes Powell to Congress: Higher rates are “the absolute best thing we can do for the housing market…” – “…particularly for younger people who are not yet in the housing market.” However we want to interpret this, it’s fascinating. Powell told Congress on Tuesday: “There’s no question that higher interest rates […]
Dow hits all-time high as it zips through 40K for first time since May – New York Post
The Dow Jones Industrial Average hit a record high on Friday, as stocks that had been struggling this year rallied on optimism that the Federal Reserve will begin easing monetary policy in September, while big banks fell after mixed earnings reports. The Dow Jones Industrial Average rose 338.69 points, or 0.8%, to 40,092.44, beating its […]
Home prices hit another high while mortgage rates drop slightly
Mortgage rates fell from 6.95% to 6.89% last week. (iStock) Mortgage rates continue to fluctuate, declining slightly from last week when average rates were close to 7%. The average rate for a 30-year fixed-rate mortgage was 6.89% as of July 11. Freddie Mac is. Currently, interest rates on 30-year mortgages are lower than they were […]
Pound hovers near one-year high; Japan’s SoftBank buys UK chipmaker Graphcore – business live | Business
Important Events Daniella Sabin HathornSenior Market Analyst at an Investment Firm Capital.comSaid: The British pound has maintained a bullish trend since the start of the preparations for the UK elections. The fact that the elections seemed easy and straightforward has given investors confidence in British assets, especially at a time of considerable political uncertainty around […]
Biden calls Trump his vice president in awkward gaffe at high stakes news conference at NATO summit
President Joe Biden defended his record and sought to assure voters that his presidential campaign can continue during a solo news conference at the NATO summit in Washington, DC on Thursday. The moment most people remember is when he mistakenly referred to the vice president as former President Donald Trump instead of Kamala Harris. “I […]
Dems rush to defend Biden amid high stakes presser: ‘Very strong performance’
As Biden answered questions from reporters at the NATO summit about his intellectual acuity and whether he has what it takes to win the 2024 presidential election, several Democrats and progressives rushed to Biden’s defense. Amid growing calls from members of his own party for him to step aside from the presidential race, Biden rejected […]
Biden’s ‘big boy’ NATO news conference carries high stakes as first presser since disastrous debate
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