THE CNMI government's expenditures of American Rescue Plan Act funds starting in 2021 were “all over the place,” CNMI Treasurer Asuncion Agulto told the Senate special committee looking into the $225 million in ARPA funds deposited in the Bank of Guam. She said the CNMI government is still...

CNMI treasurer details disarray in ARPA fund spending

PYMNTS

Regulators are painting several types of lending products with a broad brush, bringing an ever-widening swath of lenders under federal purview. Fresh off its rulemaking on buy now, pay later (BNPL) loans, the Consumer Financial Protection Bureau has proposed a new classification for paycheck advance and earned wage access (EWA) products — and at least some critics charge that would curtail access to credit.

CFPB Says Earned Wage Access Programs Are Consumer Loans

Chicago, IL

A JPMorgan Chase customer says he’s struggled to pick up the pieces after a mysterious malicious actor drained $40,000 from his business account. Jeff Benach says his Chicago housing development business recently hired a Canadian company and ordered some renderings, reports ABC Chicago. Although he didn’t like the results,...

$40,000 Drained From JPMorgan Chase Account by Malicious ‘Ghost’ As Bank Rejects Customer’s Plea for Reimbursement: Report

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Thomas Smith

Spotting a few bugs in the house is typically a nuisance, but there's one in particular that should ring alarm bells for homeowners. If you come across the bug in the photo above, it's time to call in a professional.

Study This Photo--If You Find This Bug In Your House, You Need To Call in a Pro

The Independent

 Nearly 20 million people who owe student loans are not making payments, according to the latest Department of Education data.Following a three-year timeout on payments that began in 2020 during the pandemic, the government has restarted collecting the $1.6 trillion it is owed.At the end of March, six months after the hiatus ended, nearly 20 million borrowers were making payments as scheduled. However, almost 19 million were not, leaving their accounts delinquent, in default, or still on pause.Seven million people were at least 30 days overdue on payments at the end of 2023 - marking the highest delinquency rate...

Nearly 20 million people who owe student loans not making payments as government tries to claw back $1.6tn

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

THE Department of Public Safety’s Criminal Investigation Bureau will seek the Federal Bureau of Investigation’s laboratory assistance in examining an “incomplete set of bones” found in a Marpi cave by hikers on July 7, 2024. Assistant Chief of Police Simon Manacop, the acting DPS public information...

DPS will ask FBI to examine skeletal remains found in Marpi cave

GOBankingRates

With the cost of living going up steeply due to high inflation in the past few years, people living on a single income may wonder how they're going to pay off debt and get ahead at the same time....

9 Steps To Pay Off Debt on a Single Income

Anika Jindal

The type of gasoline you use matters most when it comes to keeping your car running. While most gas stations claim to provide high-quality fuel, not all gasoline is created equally. You should avoid some gas brands that can ruin your car.

Worst Gas Brands That Can Ruin Your Car

Savannah, GA

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Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

Rudy Giuliani has drained roughly half of the money in a personal bank account in the last week to pay for personal expenses, a court proceeding revealed Wednesday

Rudy Giuliani drains half of bank account for personal expenses while creditors pursue what he owes them

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

American Express Co (NYSE:AXP) disclosed its latest U.S. consumer and small business card loan delinquency and write-off statistics in a regulatory filing today. The data, which includes figures for the months ending June 30, May 31, and April 30, as well as aggregate numbers for the second quarter of 2024, provides investors with a snapshot of the company’s credit performance.

American Express reports card loan delinquency and write-off rates

CBS News

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  In today's high-rate environment, earning a hefty rate of return on your savings is simple. And, there are lots of interest-bearing account types to choose from, including certificate of deposit (CD) accounts, money market accounts, regular savings accounts and high-yield savings accounts. But as with any type of financial tool, not all deposit accounts are created equal — meaning that not every option will be a good fit for your money. For example, savers who can leave their money untouched...

14 high-yield savings accounts with no minimum deposits (up to 5.30% APY)

California State

The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Denver, CO

David Heitz

Denver Mayor Mike Johnston has become nationally known for moving more than 1,600 homeless people indoors since he has become mayor. Now he wants to place 200 people struggling with mental illness and/or addiction into treatment, according to an upcoming City Council committee agenda.

Denver mayor to send 200 people experiencing homeless to treatment

The Associated Press

NEW YORK (AP) — The Consumer Financial Protection Bureau said Thursday that apps that allow workers to access their paychecks in advance, often for a fee, are providing loans and therefore subject to the Truth in Lending Act, a 1968 law that requires lenders disclose all loan costs and fees. If enacted, the proposed rule would provide clarity to a fast-growing industry known as Earned Wage Access, which has been compared to payday lending. The agency wants borrowers to be able to “easily compare products” and to prevent “race-to-the-bottom business practices,” CFPB Director Rohit Chopra said on a call with...

US agency says apps that let workers access paychecks before payday are providing loans

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  While interest rates were extremely low during the pandemic, the overall rate environment has been elevated over the last year or so to try and temper the ongoing issues with high inflation. And, while today's rates can hurt potential borrowers when it comes to things like home and car loans, the current high-rate environment isn't all bad. After all, a higher Fed rate also generally leads to higher interest rates on deposit accounts, including certificates of deposits (CDs) —...

What's the maximum amount you should deposit in a CD? What experts say

Earning the highest rates on savings and CDs usually requires going with smaller and medium-sized banks and credit unions. But a few big-name banks pay a respectable APY—if you shop around. An even more select group of large U.S. banks offer both a savings account rate in the 4-5%...

These Big Banks Pay the Best Savings Account Rates Right Now—With Good CDs, Too

NewsBreak

CEDA announces $57M federal loan program for NMI

(CEDA) — The Commonwealth Economic Development Authority is pleased to announce the approval of up to $57 million from the U.S. Treasury under the State Small...

CEDA announces $57M federal loan program for NMI

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