As more Americans struggle to make ends meet in today’s unusual economic climate, credit card delinquencies are on the rise and maxed-out credit card accounts are a relatively common issue — especially for members of certain generations. And, that uptick in card delinquencies can be attributed, at least in part, to the elevated interest rate environment, which has caused credit …
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Spain, Ireland and Norway recognized a Palestinian state. Heres why it matters.
Spain, Ireland and Norway formally recognized a Palestinian state on Tuesday, a step toward a long-held Palestinian aspiration that was fueled by international outrage over the civilian deaths and humanitarian crisis in the Gaza Strip following Israel’s offensive. Which countries recognize a state of Palestine, and what is changing? The joint decision by two European Union countries plus Norway may …
Read More »American arrested in Turks and Caicos over 9 mm ammo found in bag sentenced to time served and $9,000 fine
Another American who was arrested in the Turks and Caicos Islands for possessing ammunition was sentenced to time served and a $9,000 fine on Tuesday, officials said. Tyler Wenrich was facing a potential mandatory minimum sentence of 12 years in prison for ammunition charges in the British territory. Wenrich was given a sentence of three weeks in jail, which was …
Read More »There arent enough mental health counselors to respond to 911 calls. One county sheriff has a virtual solution.
Officer Dave Stiak didn’t know what to expect when he got the call that someone was hanging over the railing of a bridge in Lemont, Illinois, a Chicago suburb. Stiak, a police officer for the Cook County Sheriff’s Office, was on patrol with his partner in February when the calls started to come in. “He was standing outside of the …
Read More »2 smart ways to borrow money this summer (and 2 to avoid)
Do you anticipate a need to borrow money this summer? Maybe you need funding to cope with new summertime expenses or maybe you’re looking for financing for another reason. With inflation stubborn and interest rates high, you may be in need of some extra funding right now. No matter why you need to borrow money, however, you have several options …
Read More »Pope Francis apologizes after being quoted using homophobic slur
Pope Francis’ office issued a statement on Tuesday responding to reports that the pontiff had used a homophobic term for LGBTQ+ people in a closed-door meeting with bishops. “In the Church there is room for everyone, for everyone! Nobody is useless, nobody is superfluous, there is room for everyone. Just as we are, all of us,” Pope Francis said in …
Read More »Haitis transitional council names Garry Conille as new prime minister as country remains under siege by gangs
Garry Conille was named Haiti’s new prime minister Tuesday evening, nearly a month after a coalition within a fractured transitional council had chosen someone else for the position. The long-awaited move comes as gangs continue to terrorize the capital of Port-au-Prince, opening fire in once-peaceful neighborhoods and using heavy machinery to demolish several police stations and prisons. Council member Louis …
Read More »Is a $10,000 home equity loan worth it?
The average homeowner has hundreds of thousands of dollars worth of equityright now. And, that’s good news considering the fact that home equity loans often havemore competitive interest rates than other options. So, if you need to borrow money, and want a competitive interest rate, a home equity loan may be the way to go. But, there’s a trade. While …
Read More »Albert Ruddy, Oscar-winning producer of The Godfather, dies at 94
Albert S. Ruddy, a colorful, Canadian-born producer and writer who won Oscars for “The Godfather” and “Million Dollar Baby,” developed the raucous prison-sports comedy “The Longest Yard” and helped create the hit sitcom “Hogan’s Heroes,” has died at age 94. Ruddy died “peacefully” Saturday at the UCLA Medical Center, according to a spokesperson, who added that among his final words …
Read More »Is a short-term CD or long-term CD better to open this June?
With Memorial Day in the past and summer unofficially underway, many Americans may find themselves looking for new and secure ways to grow and protect their money. While inflation has significantly cooled from its decades-high in June 2022, it remains sticky going into June 2024 at 3.4%— more than a full percentage point over the Federal Reserve’s target 2% goal. …
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