This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings. Despite a slowdown, demand should pick up and be healthy for several years into the future. This dominant company has done a fantastic job...

1 Stock That Turned $1,000 Into Nearly $30 Million

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NewsNinja

An Aldi shopper recently shared her disturbing experience with a moldy rice package from the supermarket, sparking debate. A TikTok user named @defonotlils posted a video on June 6 that quickly became popular, accumulating more than 674,600 views. In the video, she shares what happened after finding out about something.

This is why I don’t shop at Aldi: Woman can’t believe what she found in her packaged rice from Aldi

CBS News

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  It may be hard to believe now, but it wasn't that long ago that mortgage interest rates were near historic lows. On August 27, 2020, the average rate on a 30-year loan was 2.91%. One year later, it had dropped even further to just 2.86%. However, as the pandemic and influencing economic factors waned, inflation rose dramatically and by June 2022 it was at a 40-year high. Interest rates soon followed, and by August 2023, the average mortgage interest...

Here's when mortgage interest rates could fall below 6%

The Associated Press

Slightly more Americans filed for unemployment benefits last week, but the number of claims remains at healthy levels. Jobless claims rose by 4,000 to 232,000 for the week of Aug. 17, the Labor Department reported Thursday. The four-week average of claims, which evens out some of the weekly gyrations, ticked down by 750 to 236,000.

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

New York Post

Lowe’s cut its annual profit and sales forecasts on Tuesday, echoing bigger rival Home Depot’s concerns of a slim chance of a recovery in home improvement demand this year.

The Federal Reserve was expected to cut interest rates earlier this year, but insufficient proof of easing inflation thus far has kept the rates high, which is affecting home sales, and consequently demand for expensive renovation projects.

“We’re seeing significant implications … people aren’t moving nearly as often as they typically do because current mortgage rates are so much higher,” said CEO Marvin Ellison on a post-earnings call.



Big box retailers peddle Halloween products in...

Lowe’s follows rival Home Depot with dismal profit forecast: ‘People aren’t moving’

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  Homebuyers coping with elevated mortgage interest rates have seen some relief in recent months as the average rate on a 30-year loan dropped slightly. After hitting its highest level since 2000 last year, and moving close to 8% last November, the average mortgage interest rate is now 6.57%. And that's likely to fall further in the coming weeks and months.Thanks to a consistently cooling inflation rate (it dropped again in July for the fourth consecutive month), cuts to the...

3 mortgage mistakes to avoid before interest rates drop

Markets Insider

Corcoran explains why homebuyers who wait for lower mortgages will end up paying more in the end.

Beware lower mortgage rates that could unleash a buying spree and push home prices higher, 'Shark Tank' investor Barbara Corcoran says

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Credit union lending in the UK has surged by 42% over the past four years, a new analysis from Broadstone has revealed, highlighting the increasing ability and willingness of borrowers to seek out alternatives beyond traditional high street banks. This trend has been attributed to a combination of rising demand for affordable loans and the perceived value offered by credit unions during challenging economic times.

Credit union lending soars by 42% in four years

Reuters

NEW YORK (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage ticked down this week to the lowest level since May 2023, but may need to fall further for the housing market to see significant improvement in demand.

US 30-year fixed-rate mortgage slips to lowest level since May 2023

Dania Beach, FL

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Akeena

If you’ve recently shopped at the Walmart Neighborhood Market on East Sheridan Street in Dania Beach, you might want to double-check your purchases. A recent inspection by the Florida Department of Agriculture revealed some alarming issues, including moldy meat and improperly stored chicken.

Moldy Meat and Warm Chicken: Walmart Neighborhood Market  Faces Inspection Troubles in Florida

North Carolina State

Cary, NC

Town Talks

A recent report by GOBankingRates highlights one of North Carolina’s towns as a standout in terms of safety and affordability. Cary, a thriving community in the Triangle area near Raleigh, has been ranked as the second-best city in the United States for its low cost of living and minimal crime rates.

North Carolina spot among the top safest + most affordable places to live in the US

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

"They get more than us, Why nobody told me about this?". If you're looking for a tasty option that won't break the bank, a Chick-fil-A's kids' meal might be just what you're after. It seems like a great deal. In fact, some people argue it's a better deal than a regular adult meal. This TikToker took the audience through the ins and outs of this meal.

Chick-fil-A customer says they’ll never order a full meal again after seeing kids’ meal

Vision Pet Care

Ever wondered if your feline friend truly loves you? Cats, those enigmatic furballs, have a knack for hiding their affections in the most subtle ways. Let’s dive into the clandestine world of kitty love and uncover how your cat secretly shows its love for you.

How Your Cat Secretly Shows Its Love for You

The Hill

Has the Biden-Harris White House been cooking the books?

Opinion: Sudden shift in jobs data shows workers are struggling to survive Biden-Harris inflation

Mortgage payments edged downwards for the first time in four years as falling inflation is finally being felt in the housing sector. Median mortgage payments declined by 0.1 percent over the four weeks ending Aug. 18 to $2,587 at a 6.49 percent interest rate, according to data published Thursday by the real estate company Redfin.…

Monthly mortgage payments decline for first time since 2020: Analysis

Denver, CO

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Massachusetts State

Dianna Carney

Sandy Paws Rescue Inc., a foster-based rescue in Massachusetts, recently introduced Juney, an inspiring dog who has been through so much in his short life and is now looking for a forever home. Juney's story is one of remarkable resilience and the unwavering spirit of a dog who has overcome unimaginable adversity.

Meet The Sweet Dog Who Survived a Machete Attack Now Looking For Love

PYMNTS

The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market and an upcoming cut in interest rates. The total of 232,000 initial claims filed during the week was up from the previous week’s revised figure...

Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut

NewsBreak

Peloton Has Surprise Revenue Bump After Years-Long Slump

Peloton could be pedaling toward a comeback. After struggling to sustain the momentum it had during the COVID-19 pandemic, the fitness equipment company posted an increase...

Peloton Has Surprise Revenue Bump After Years-Long Slump

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