IRS establishes updated interest rates
IRS Interest Rates Remain Unchanged for Third Quarter of 2025 The Internal Revenue Service has announced that interest rates will remain steady from July 1st onward. According to the tax agency, the rates for overpayments and underpayments will stay at 7% for individuals. Here are some additional interest rates: 4.5% on certain overpayments for businesses […]
Capital One misled customers regarding ‘high interest’ savings accounts: lawsuit
New York State Attorney General Letitia James filed a lawsuit against Capital One on Wednesday. In her complaint, James accused the bank of misleading clients regarding its “high interest” 360 savings accounts, claiming millions in lost interest for depositors. This legal action comes on the heels of a decision by the Consumer Financial Protection Bureau […]
Nagel: The June interest rate decision will be based on new data.
ECB Rate Decisions Dependent on Incoming Data The European Central Bank (ECB) officials, along with Bundesbank President Joachim Nagel, indicated on Wednesday that the rate decisions in June will hinge on the latest economic data. Nagel remarked that he remains uncertain about how inflation and tariffs affect the economy, mentioning that forecasts from new staff […]
Aaron Rodgers-Pittsburgh country club speculation dismissed as Steelers interest continues
Rumors about Aaron Rodgers joining a chic golf club in suburban Pittsburgh have been debunked. Rich Walsh from KDKA confirmed that Rodgers, who has been linked with the Steelers, will actually be joining Nevillewood Country Club in Collier Township, Pennsylvania, located just outside of Pittsburgh. Since the Jets parted ways with him following a difficult […]
Pope Leo XIV highlights participation in the World Series and interest from the Knicks.
The first Pope hailing from the United States, Robert Prevost, has sparked global interest after his selection as Pope Leo XIV. This week, it came to light that Prevost is a devoted Chicago White Sox fan, with social media footage revealing him during the 2005 World Series. Interestingly, he was captured on MLB’s Fox broadcast […]
Paramount and Skydance need to eliminate DEI to meet the FCC’s ‘public interest’ requirements, according to sources.
The Federal Communications Commission (FCC) has been reviewing mergers and acquisitions in media for many years, focusing on whether these deals serve the “public interest.” Skydance’s purchase of Paramount and its CBS News arm for $8 billion might meet the FCC’s public interest criteria, but only under certain vague guidelines regarding broadcast fairness. The situation […]
Trump criticizes Fed Chair Jerome Powell once more for not reducing interest rates.
President Trump voiced his frustrations with Federal Reserve Chairman Jerome Powell on Thursday, specifically about the Fed’s reluctance to lower interest rates. He described rate cuts as “like jet fuel” for the economy, yet it seems Powell is hesitant to implement those changes. Trump also remarked that Powell “doesn’t really care for me,” which adds […]
Trump criticizes Jerome Powell on interest rates: ‘It’s like speaking to a wall’
President Trump expressed frustration with Federal Reserve Chairman Jerome Powell on Thursday, criticizing him for not considering his request to lower interest rates after the Fed opted to keep rates steady again. Trump’s comments came after Powell indicated the day prior that he had never sought a meeting with the president. Powell told reporters he […]
Central bank keeps interest rates unchanged as it assesses effects of tariffs
The Federal Reserve decided to maintain current interest rates during its recent meeting on Wednesday, without providing any guidance on when they might lower them. The target range remains set between 4% and 4.25%, as we look forward to understanding the economic impact of President Trump’s tariffs. Federal Reserve Chair Jerome Powell emphasized the importance […]
Baby seal in Oregon stabbed several times, leading to search for person of interest
A young elephant seal was found with “multiple stab wounds” after an incident at a beach in Oregon, prompting the National Oceanic and Atmospheric Administration (NOAA) to seek any relevant information. This event took place in Nescowin, Oregon, on March 16, right in front of a place known as the Rock Mansion. The NOAA Law […]