The Associated Press

LONDON (AP) — Britain’s new Labour government axed several construction projects and withdrew a winter fuel payment for millions of retirees Monday to cover what it called a newly uncovered 22-billion-pound ($28 billion) shortfall in the public finances inherited from the previous Conservative administration. In her first major...

UK’s new Treasury chief axes projects to save costs and confirms deal to end doctors strike

The Guardian

Several factors restrict the Labour government’s room for manoeuvre in its agenda for growth, writes Phillip Inman

How bad are Britain's finances? Five questions on the state of the UK economy | Phillip Inman

As president, Trump called for the elimination of the Education Department's debt relief programs, including the popular Public Service Loan Forgiveness initiative, which benefits public employees such as members of the U.S. Armed Forces, first responders, public defenders, prosecutors and teachers. He also wanted to slash the department's budget, and...

Trump may roll back student loan forgiveness programs if elected to second term

Fox Business

Middle-income households are feeling the squeeze after years of elevated inflation, and 66% reported they are falling behind due to the high cost of living in the U.S.

Two-thirds of middle-income Americans say they are falling behind due to cost of living: Primerica

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Total Apex Sports & Entertainment

In the charmingly delightful world of astrology, you should know that each of the zodiac signs carries a specific set of traits. Those characteristics influence how individuals navigate the challenges they may meet in life. Some signs are known for their over-the-top boldness. These are the people who usually have such a strong willingness to face conflicts head-on.

3 Zodiac Signs That Hate Confrontation

The Independent

Reports of romance scams have jumped, according to a major bank, which has issued a warning to people looking for love this summer.Barclays analysed its business and personal current account customer scam data – and found a 139% increase in the total value of romance scam reports when comparing the period March to April with the period May to June.Romance scams take place when someone pretends to be interested in a romantic relationship, gaining their victim’s trust before manipulating them into sending money or personal information, causing financial and emotional harm.While men account for the majority of romance scam reports...

Barclays issues romance scam warning after seeing a jump in claims

The insurance industry isn’t weathering climate change so well. The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century and more than double 2022’s loss, according to a report by ratings agency AM Best. Premium Cuts. It’s no secret...

US Home Insurers Hit with Worst Underwriting Loss of the Century

As of Q1 2024, the average sales price of homes sold in the United States was $513,100, according to the Federal Reserve Bank of St. Louis. Housing prices across the board have been on a steady rise over the past 60 years or so, though certain periods have seen dips. Even these have always corrected themselves after a few years, though.

8 Best and Worst States To Buy Property in August 2024, According to Housing Market Experts

The US Sun

AMERICANS are rethinking their concepts of "dream homes" and "dream workspaces" as the housing market is increasingly growing out of reach for most. A recent poll of 2,000 American adults found that nearly 40% of people feel trapped in their current living situations due to the modern-day housing market. The...

Americans feel stuck in their homes as they ditch plans for ‘dream houses’ – soaring prices & ‘golden handcuffs’ blamed

A Piece of Travel

Considering retiring somewhere new? The city you choose can have a huge impact on your finances and well-being. According to research by U.S. News & World Report, your golden years could shine even brighter depending on where you decide to settle down.

50 Best U.S. Cities for Retirement, Ranked

Chico, CA

ABC News

A California man accused of deliberately starting what has become the largest active wildfire in the country was formally charged with felony arson, court records show.

Man accused of starting largest wildfire burning in the US charged with felony arson

Henderson, NV

rolling out

At 82 years old, Edward Eubanks continues to work at McDonald’s in Henderson, Nevada, as he grapples with the harsh reality of retirement. Despite his extensive career as a radiation monitor at the Nevada National Security Site for 26 years, Eubanks finds himself unable to retire due to financial constraints.

An 82-year-old’s retirement struggles reflect a growing national crisis

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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Bucks County Beacon

Conservatives have done the United States a huge favor by explaining in detail what they’ll try to do if Donald Trump is reelected. Project 2025 , a “presidential transition project” of the Heritage Foundation, helpfully lays out how a group of former Trump officials would like to transform the country into a right-wing dystopia where the rich thrive and the rest of us die aspiring to be rich.

Project 2025’s Plan to Gut Medicare and Medicaid

WashingtonExaminer

Existing home sales fell in June for the fourth month in a row as median sales prices hit record levels, bad news for the housing market and the broader economy. Existing home sales in June fell a notable 5.4% to a seasonally adjusted annual rate of 3.89 million, the National Association of Realtors reported on Tuesday, as higher mortgage rates and home […]

Bad housing market news: Existing home sales plunge as prices hit record

California State

The HD Post

CALIFORNIA – Proposition 33, Justice for Renters Act, will be on the California ballot, November 5, for voters to decide on removing a rent control ban. According to Ballotpedia, a "yes" vote repeals the Costa-Hawkins Rental Housing Act (1995), which will allow cities and counties to limit rent on any housing.

Prop. 33 will allow California voters to decide on removing rent control ban

VERSAILLES, France -- The Palace of Versailles offers equestrian sports one of the most attractive venues of the Paris Olympics. On Sunday, riders and horses got a memorable gallop around the sumptuous-looking gardens where the team and individual eventing competition was taking place. Under a bright sun, about 40,000 fans...

Olympic riders get a memorable gallop in the sumptuous-looking Versailles Palace gardens

Aurora, CO

David Heitz

Aurora’s pallet shelters for people experiencing homelessness, which only allow a maximum 30-day stay, have been cycling the same individuals in and out, city staff told council members Thursday. Many return to street encampments when their time in the pallet shelter runs out, Jessica Prosser, homeless services director for the city, said. Then, the city sweeps the encampment again, and they get to come back to the shelter for another 30 days, Prosser explained. This process can repeat multiple times.

Aurora pallet shelters a revolving door for homeless

Bingwa Thomas, 72, from Kansas City, bought a cheap old house in Southern Italy’s Latronico, hoping that that Italy’s laid-back lifestyle will help him live longer.

He bought a cheap house in Italy to improve his life expectancy

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

Markets Insider

Residential and commercial property prices could fall as much as 30% over the next few years, one strategist said.

The real-estate market is in for sharp correction with losses that could take a decade to recover from, strategist says

NewsBreak

UK is 'broke and broken,' new government says amid shortfall in public finances

LONDON -- Britain’s new left-leaning government said Sunday that the nation is “broke and broken,” blaming the situation on its predecessors ahead of a major speech...

UK is 'broke and broken,' new government says amid shortfall in public finances

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