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By Anna Bahney, CNN Business Mortgage rates surged by more than half a percentage point this week amid rising inflation and an interest rate hike by the Federal Reserve, according to Freddie Mac. The jump is the largest one-week increase since 1987. The 30-year fixed-rate mortgage averaged 5.78% in the week ending June 16, up
Continue ReadingBy Matt Egan, CNN Business The Federal Reserve is stepping up its war on inflation. That means borrowing costs are going sharply higher for families and businesses. The US central bank increased its benchmark interest rate by three-quarters of a percentage point on Wednesday, which is the biggest single hike since 1994. This follows the
Continue ReadingBy Hal Scheurich Click here for updates on this story FAIRHOPE, Alabama (WALA) — Fairhope’s Mary Kemp reached a milestone few do this week. She turned 100 years old on Tuesday, June 14, 2022. She waited until Wednesday to celebrate her birthday among friends at Thomas Hospital’s Wellness and Fitness Center. She isn’t your average
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BILLINGS, Mont. (AP) — Water supply for Montana’s largest city restored after floodwaters forced shutdown of treatment plant.
Continue ReadingBy WALA Staff Click here for updates on this story MOBILE, Alabama (WALA) — The former Mobile police officer who attempted suicide by cop last week died Wednesday while in the Washington County jail, investigators said. Robert Harris was arrested Friday after an incident where he attempted suicide by encouraging another officer to shoot him.
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Juan Pablo Elverdin Nueva York (CNN Business) — Hao Jia estaba tan convencido en el potencial de las criptodivisas que dejó pasar un trabajo en una gran empresa tecnológica, Oracle, para aceptar otra oferta que recibió a principios de abril para ser ingeniero de software en una de las startups de criptomonedas más en boga,
Continue ReadingBy WDJT Staff Click here for updates on this story MILWAUKEE (WDJT) — Today, on June 15, young men in Milwaukee were able to connect with their local law enforcement — but to also get a haircut! Empower Mke kicked off their first summer of barber shop talk at Cuttin Up Crew today. While youth
Continue ReadingBy Michele Fiore Click here for updates on this story MILWAUKEE (WDJT) — It has been two full days since a 10-year-old boy lost his life falling into a drainage ditch in Milwaukee. The search continued today, on June 15, for the boy’s father and neighbor, who both tried to save him. Despite the odds,
Continue ReadingBy Natalie Shepherd Click here for updates on this story MILWAUKEE (WDJT) — Amanda Billerbeck is a prolific and award-winning author. She’s written 10 books so far, and she’s only 18 years old. The creative characters in her stories are mostly inspired by her life growing up in Racine. She sat down with CBS 58
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PARIS (AP) — McDonald’s France and related companies have agreed to pay over 1.2 billion euros ($1.3 billion) to the French state to settle a case in which the fast-food giant was accused of years of tax evasion. A Paris court approved the settlement Thursday, the French national financial prosecutor’s office said. McDonald’s said the
Continue ReadingBy Lisa Respers France, CNN We don’t know much about Beyoncé’s next project, but we do know that it’s coming. Tidal, the streaming service purchased by her husband Jay-Z in 2015, tweeted a hint on Thursday. “Beyoncé RENAISSANCE July 29,” the post reads. Her social media account bios also contained the same information as does
Continue Reading Alejandra Ramos (CNN Español) — Las remesas —el dinero que los migrantes envían a sus seres queridos en sus países de origen— son una fuente importante de financiamiento externo para países como México, Colombia y Argentina. Pero, ¿cuál es su impacto en la economía en Latinoamérica? De hecho, las remesas han sido la principal fuente
Continue ReadingBy Lisa Respers France, CNN Mick Jagger has shared that his health is improving after testing positive for Covid-19. The Rolling Stones frontman posted a message on his verified Instagram Wednesday, writing “you all so much for your well wishes and messages the last few days.” “I’m feeling much better and can’t wait to get
Continue ReadingCNN By Lisa Respers France, CNN Mick Jagger has shared that his health is improving after testing positive for Covid-19. The Rolling Stones frontman posted a message on his verified Instagram Wednesday, writing “you all so much for your well wishes and messages the last few days.” “I’m feeling much better and can’t wait to
Continue ReadingCNN By Chris Boyette, CNN Dolly Parton has donated $1 million to pediatric infectious disease research at Vanderbilt University Medical Center’s Division of Pediatric Infectious Diseases, Vanderbilt said Wednesday. “I love all children. No child should ever have to suffer, and I’m willing to do my part to try and keep as many of them
Continue Reading LEIDSCHENDAM, Netherlands (AP) — Appeals judges at an international tribunal have sentenced two members of the militant Hezbollah group to life imprisonment for their roles in the 2005 assassination of former Lebanese Prime Minister Rafik Hariri and the deaths of 21 other people. The convicted men, Hassan Habib Merhi and Hussein Hassan Oneissi, remain at
Continue Reading TEHRAN, Iran (AP) — Iran’s Central Bank has issued a directive allowing licensed exchange offices to resume buying and selling foreign currency, days after traders protested over the worsening economic situation. The country’s state-run media reported on the development on Thursday. Iran had banned all trading by individuals at private exchanges since 2018, allowing these
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TEHRAN, Iran (AP) — Iran’s Central Bank has issued a directive allowing licensed exchange offices to resume buying and selling foreign currency, days after traders protested over the worsening economic situation. The country’s state-run media reported on the development on Thursday. Iran had banned all trading by individuals at private exchanges since 2018, allowing these
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CNN By Sarah Boxer, Dakin Andone and Laura Ly, CNN The 18-year-old accused of killing 10 Black people at a Buffalo, New York, supermarket last month apologized to his family for carrying out the mass shooting, writing in a note he “had to commit this attack” because he cared “for the future of the White
Continue Reading By Sarah Boxer, Dakin Andone and Laura Ly, CNN The 18-year-old accused of killing 10 Black people at a Buffalo, New York, supermarket last month apologized to his family for carrying out the mass shooting, writing in a note he “had to commit this attack” because he cared “for the future of the White race,”
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