Latest in How Fed Rates Influence Mortgages, Credit Cards, Savings and More
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She Was a Russian Socialite and Influencer. Cops Say She’s a Crypto Laundering Kingpin
Western authorities say they’ve identified a network that found a new way to clean drug gangs’ dirty cash. WIRED gained exclusive access to the investigation.Wired - Dec. 4 -
Hegseth's mother takes to Fox News in bid to save son's nomination
Penelope Hegseth, the mother of Pete Hegseth, President-elect Trump's pick to lead the Pentagon, appeared on Fox News on Wednesday morning to vouch for her son, who has been accused of excessive ...The Hill - Dec. 4 -
How to keep your credit card debt low during the holidays
Swiping that plastic can be tempting when shopping over the holidays. Here's how to avoid it.CBS News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - Dec. 4 -
Volkswagen Says Urgent Measures Needed to Save Company
Volkswagen’s CEO warned staff that urgent measures are needed to secure the company’s future amid heightened competition, price pressure and high labor costs just as the European car market ...The Wall Street Journal - Dec. 4 -
How do you save a dying mobile game? Animal Crossing: Pocket Camp has the answer
The mortality rate for such games is high when developers stop updating them. But when Nintendo killed off Animal Crossing: Pocket Camp, it found a novel way to extend its life – and now it’s even ...The Guardian - Dec. 4 -
Tim Cook Wants Apple to Literally Save Your Life
Much as the CEO seems awestruck by AI and his just-released Apple Intelligence, he’s more convinced that the tech giant’s health apps will define the company’s legacy.Wired - Dec. 4 -
Why Brussels hopes cracking down on China will also save EU industry
Also in this newsletter: Is EU drug policy fair to poorer states?Financial Times - Dec. 4 -
'We're attacked and abused as we try to save lives as paramedics'
Almost 45,000 assaults were recorded by ambulance services across England over the last five years.BBC News - Dec. 4 -
Travel Tuesday offers big savings for those who missed Cyber Monday
From plane tickets to car rentals, the travel-themed discount day offers once-in-a-year deals. Here's what to know.CBS News - Dec. 3 -
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - Dec. 3 -
Tuberville calls on Musk, Ramaswamy to make daylight saving time permanent
Sen. Tommy Tuberville (R-Ala.) encouraged the new "Department of Government Efficiency" (DOGE) to create a year-round standard time in a Wednesday post on the social platform X. His goal is to have ...The Hill - Dec. 3 -
Hospital group launches ad campaign for disaster relief tax credits
A major hospital trade group launched a six-figure ad campaign this week calling on Congress to extend disaster relief tax credits that the group says will help facilities recover from hurricanes ...The Hill - Dec. 3 -
7 tips from a tax influencer as she approaches retirement at 70
Phyllis Jo Kubey is still on a continuing education journey as retirement loomsMarketWatch - Dec. 3 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
3 ways seniors can lower their credit card debt in 2025
If you're a senior with high-rate credit card debt, it helps to start exploring these three options now, before 2025.CBS News - Dec. 3 -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - Dec. 3 -
Khanna: Excluding Musk, Tesla from California EV credits 'just foolish'
Rep. Ro Khanna (D-Calif.) criticized California for a recent proposal that would cut Tesla out of receiving electric vehicle (EV) credits during a Tuesday appearance on CNBC. “California having ...The Hill - Dec. 3 -
What credit card debt relief options work best with bad credit?
A damaged credit score can complicate the debt relief process, but you still have plenty of options to consider.CBS News - Dec. 3 -
How can I avoid paying interest on my credit card?
Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.CBS News - Dec. 3 -
Illinois deputy stops runaway car, saves pregnant woman
A pregnant woman in Williamson County avoided disaster when her car's brakes failed and a deputy used a rolling roadblock to bring the vehicle to a safe stop.CBS News - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - Dec. 3 -
Schoolgirl, 8, killed 'trying to save mother from attack'
The victim is named locally as eight-year-old Malika Al Kattib, a schoolgirl from New Ross.BBC News - Dec. 3 -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - Dec. 3 -
This factor can get your mortgage application denied — even if you're a high earner
The debt-to-income ratio was the most common reason buyers were denied a mortgage, according to a report. Here's how to improve it.CNBC - Dec. 3 -
Waiver wire: Isaac Guerendo becomes a potential season-saving option
Highlighting the players fantasy managers should consider adding off the waiver wire for Week 14, including replacement options for Christian McCaffrey.ESPN - Dec. 3 -
Ivy League-trained psychologist: How I say 'no' to my kids—and why more parents need to do the same
Parents who struggle to say "no" to their children could be doing them disservice in the long run, according to child psychologist Becky Kennedy.CNBC - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
Visible Promo Code: Save $15 a month this December
This holiday season, get a preowned phone and save $15 a month with our coupon code.Wired - Dec. 3 -
Is Hamilton's form a concern for Ferrari? And does Russell deserve more credit?
BBC F1 correspondent Andrew Benson answers your questions before the season-ending Abu Dhabi Grand Prix.BBC News - Dec. 3 -
Rebel offensive boosts Turkey’s influence in Syria
Ankara, long a backer of opposition groups, sees chance to push back Kurdish militants and force Assad to negotiateFinancial Times - Dec. 3 -
If Anyone Can Save the Democrats, It’s Ben Wikler
This Wisconsinite is the obvious choice for D.N.C. chair.The New York Times - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
A Second-Rate Crime Gets a Second-Rate Pardon
At least Joe didn’t make Hunter ambassador to a major international ally.The New York Times - Dec. 2 -
3 reasons to consider credit card debt forgiveness this December
This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.CBS News - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2