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Leopatrizi | E+ | Getty ImagesLawmakers want to crack down on "junk fees," but restaurants are trying to stay out of the fight. The Biden administration has broadly targeted so-called junk fees, like an undisclosed service charge for concert tickets or unexpected resort fees when checking out of a hotel. The Biden Administration is attempting to crack down on so-called "junk fees" in retirement accounts with a rule prosed by the U.S. Labor Department. Lobbyists vs. legislatorsOn the state level, restaurants have already had some success in getting excluded from the fight over junk fees. California's SB 478 law would ban so-called "junk fees".
Persons: Birkin, Biden, Joe Biden, Chip Somodevilla, Biden administration's crosshairs, Sean Kennedy, Kennedy, Andres Clavero, Clavero, Galit, Peter Demetri, Tai Huh, Huh, CSHG Organizations: Getty, National Restaurant Association, Federal Trade Commission, White, Biden Administration, U.S . Labor Department, National Women's Law, Cambridge Street Hospitality Group, Health, Restaurant Association, California's Locations: Los Angeles, Chicago, Washington ,, New York, Denver, Asian, Massachusetts, California, , Oakland , California
Researchers have begun measuring the impact of legalized sports gambling on American households, and the initial results paint a worrisome picture about how its expansion has affected bettors' finances. Meanwhile, states that legalized sports betting saw their residents' aggregate credit scores decrease, while bankruptcies increased. North Carolina became the most recent state to offer online sports betting earlier this year. Earlier this year, the major sports betting platforms formed the Responsible Online Gaming Association to address problem gambling. Yet there is likely a limit to how much the platforms will seek to restrict their own activities.
Persons: Scott Baker, Charles Schwab, Baker, It's, Brett Hollenbeck, Nicholas Scutari, Adam Candee, Candee Organizations: Northwestern University's Kellogg School of Management, of Columbia, Trade, Vanguard, Fidelity, UCLA's Anderson School of Management, Auto, New York, Gaming Commission, Addiction Services, Legal, Online, Association Locations: New York, New Jersey, Puerto Rico, North Carolina, California, Texas, U.S
If Your Debt Is Ballooning, There Are Steps You Can Take
  + stars: | 2024-08-23 | by ( Ann Carrns | ) www.nytimes.com   time to read: +1 min
Americans are increasingly struggling with credit card debt and other loans, and consumers are paying more for basic banking services like A.T.M. And 42 percent of households carrying balances on credit cards reported that their overall debt level was “unmanageable,” up from 38 percent in 2022, the network found. More borrowers have been falling behind on credit card payments, especially those who have maxed out spending on their cards, according to the Federal Reserve Bank of New York. Making payments on credit cards as well as car loans, student loans and other installment loans has been increasingly challenging for consumers, the financial network found. (The analysis, which the network publishes annually, is based on public data and a nationally representative survey of consumers.)
Persons: , Hannah Gdalman Organizations: Financial Health Network, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York
Algerina Perna | Baltimore Sun | MCT | Getty ImagesThe explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed. The authors found that sports betting has exploded since the Supreme Court overturned a federal law prohibiting it in 2018. Those who participate tend to invest less and have higher debt levels. "Two to three years after betting becomes legal, there is a noticeable drop in net investment relative to states where betting is not yet legal," the report said. The higher credit card debt indicates that these households are not just shifting funds from one type of entertainment to another (for example, shifting money from betting on lotteries to betting on sports).
Persons: Algerina Perna Organizations: Baltimore Sun
Medical school was fun but gruelingChoo (right) graduated from medical school in 2021. Faith ChooThe first two years of medical school felt like high school all over again. AdvertisementBack then, our seniors in medical school would warn us about life after graduation. They would tell us about the terrible working hours that came with being on call, like having to work for two days straight without rest. AdvertisementThe thought of leaving first crossed my mind after I clocked 19 consecutive days of work in the hospital.
Persons: , Faith Choo, they've, Choo, they're Organizations: Service, Business Locations: Singapore
The home improvement retailer said it now expects full-year comparable sales to decline by 3% to 4% compared to the prior fiscal year. It had previously expected comparable sales, a metric that takes out the impact of store openings and closures and other one-time factors, to decline about 1%. Total sales are expected to increase between 2.5% and 3.5% including a 53rd week in the fiscal year and approximately $6.4 billion in sales from SRS. In an interview with CNBC, Chief Financial Officer Richard McPhail said Home Depot has contended with consumers who have a "deferral mindset" since the middle of 2023. It marked the seventh consecutive quarter of negative comparable sales at Home Depot.
Persons: Richard McPhail, They've, McPhail, Jerome Powell, , Robert Hum Organizations: CNBC, LSEG, Depot, Target, Home Depot, Consumers, Federal Reserve Locations: Florida Keys, United States, U.S
Hundreds of firefighters backed by more than 30 water-dropping planes were battling a major forest fire raging out of control Monday on the northern fringes of the Greek capital. A car burns in Varnava village during a wildfire, north of Athens, Greece, on August 11, 2024. Three Athens hospitals were put on heightened alert to treat any potential injuries. It began Sunday afternoon about 35 kilometers (22 miles) from Athens and was fanned by strong winds that quickly drove it out of control. Women embrace after being rescued during a wildfire in Varnavas, north of Athens, Greece, on August 11, 2024.
Persons: Vassilis Kikilias, Michael Varaklas, ” Kikilias, Angelos Tzortzinis, , Vassileios Vathrakogiannis, Organizations: Civil, AP Authorities, Local, Authorities, Getty Locations: Greece, Athens, Varnava, Marathon, Varnavas, AFP, Mati
The "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service. Courtesy: DirecTVCoach Prime wants consumers to know they can watch DirecTV without a satellite dish. As pay TV distributors — both satellite and cable companies — have seen customers flee for streaming, DirecTV is trying to get the message out that a clunky satellite dish is no longer needed for its service. Satellite TV providers like DirecTV and EchoStar's Dish were once some of the biggest distributors of the TV bundle. Sticking with sportsThe "For the Birds" ad campaign for DirecTV emphasizes customers don't need a satellite dish anymore for service.
Persons: Deion Sanders, Steve Buscemi, Henry Winkler, Vince Torres, it's, Torres, Shedeur Sanders, , Winkler's Frank, Bobby, Buscemi, There's, Sanders, Tinker Bell, Cord, Pavlo Gonchar, Craig Moffett, what's, Moffett, DirecTV's Organizations: DirecTV, NFL, Colorado, Colorado Buffaloes, Nebraska Cornhuskers, Folsom, NBA, NHL, NCAA's Colorado Buffaloes, Lightrocket, Satellite, TPG, AT, Hulu, Sling, YouTube, Netflix, Comcast, Charter Communications Locations: Colorado, Boulder ,, New York City
Courtesy Ken BakerDisplaced in the Camp Fire, Ken Baker plans to return to Paradise after his second home burned, too. The Camp Fire burned for weeks in November 2018, killing 85 people and destroying more than 13,500 homes. Daneau, Baker and Pero were part of the settlement with Pacific Gas & Electric Co., whose utility lines started the Camp Fire. Sylvia Baker Courtesy Ken BakerBaker, 59, is an Iraq War veteran who works for the Department of Veterans Affairs in Chico. When the quote jumped to $12,000, “it became unobtainable.”Kristy and Michael Daneau’s home in Cohasset, which burned down in the Park fire.
Persons: Ken Baker, ” Baker, Ken Baker Baker, Sylvia, , Sisyphus, Baker, Ken Baker's, Ken Baker “, Michael Daneau, Kristy, “ It’s, Rick Pero, Lisa Stone, ” Pero, CatMandu, Rick Pero “, Pero, Stone, Rick Pero manicured, Michael, Michael frantically, Daneau, ” Daneau, , we’re, ” Kristy, Kristy Daneau, Michael Daneau’s Cohasset, Kristy Daneau “, Sylvia Baker, Ken Baker “ You’ve, You’ve, Alex Wood, Wood, Michael Daneau’s, Daneau’s, don’t, can’t, he’s, humbling Organizations: NBC, Pacific Gas & Electric Co, Department of Veterans Affairs, GMC Sonoma Locations: Paradise , California, Cohasset, Paradise, California, Mexico, Chico , California, Chico, Daneau, Iraq, we’ll
Read previewThis as-told-to essay is based on a transcribed conversation with Pranshu Dwivedi, 35, from New Delhi, about quitting his job at Goldman Sachs to be a stay-at-home dad. Business Insider verified his employment at Goldman Sachs with documentation. I joined Goldman Sachs as an intern in 2011, and in 2012 I got a full-time job as an analyst working in their Bengaluru office. AdvertisementI loved my experience at Goldman Sachs. I joined Goldman Sachs full-time in 2012, working on the equity research team.
Persons: , Pranshu Dwivedi, Goldman Sachs, Goldman, I've, Hong Kong Goldman, We'd, wouldn't, She's, I'm, there's Organizations: Service, Goldman, Business Locations: New Delhi, Bengaluru, Hong Kong, Delhi, India
Why fewer women are running for Congress this year
  + stars: | 2024-08-11 | by ( Simone Pathe | Hien An Ngo | ) edition.cnn.com   time to read: +10 min
The number of Republican women running for the House this cycle dropped about 36% from 2022, while the number running for Senate dropped by about 45%, according to data from the Center for American Women and Politics at Rutgers. “With fewer competitive seats up for grabs, fewer candidates in both parties are running overall, but there is still very strong interest and enthusiasm from Republican women recruits,” Danielle Barrow, executive director of Winning for Women, which works to elect GOP women, said in a statement. That began to change after the 2018 midterms – the huge success enjoyed by Democratic women that year inspired more Republican women to run in 2020. Another possible reason why there may be fewer women running is what Dittmar calls toxicity. Quality over quantityThe decline in the number of candidates running, however, doesn’t necessarily mean there will be fewer women coming to Congress next year.
Persons: Kamala Harris, , Kelly Dittmar, , they’re, , ” Danielle Barrow, wasn’t, Dittmar, there’s, Lauren Zelt, ” Zelt, hasn’t, haven’t, Donald Trump, Elise Stefanik, Joe Kent, Leslie Lewallen, Kent, Lewallen, ” Dittmar, it’s, we’re, Women’s Barrow, York’s Alison Esposito, Carolina’s Laurie Buckhout, Nancy Dahlstrom, Julie Conway Organizations: CNN, Center for American Women, Rutgers, Republican, GOP, Democratic, Senate, Republicans, 118th, National Republican Congressional, PAC, Republican House, Congressional, House GOP, Locations: Washington’s
Airbnb host Ashley Class said she had to ban crypto mining at her North Carolina property. She said guests ran up a $1,500 electricity bill after bringing many computer rigs into the home. Go to newsletter preferences Thanks for signing up! One North Carolina host has had to add another: no cryptocurrency mining. On July 30, Airbnb host Ashley Class said in a video posted to TikTok that she had banned crypto mining in her short-term rentals after a bizarre guest experience.
Persons: Ashley Class, , Ashley Organizations: Service Locations: North Carolina, Carolina
When I saw the smile on my wife's face holding Jena as a baby, I knew the plan would change. In 2022, we sold our house, bought an RV, and moved to Vancouver, Washington. Everyone has their own space so we can have boundariesWhen we are staying with the kids, we are in the RV. When you live in a multi-generational house, you're not a visiting grandparent; you're often acting as a parent. A couple of times in the winter, my wife will fly home for a week to spend time with Jena.
Persons: Jena, Minnie, We've, It's, You've, Gigi, Papa Organizations: Service, Business, Costco Locations: Jena, Vancouver , Washington
CNN —Every day for two months, Michael Ofer Ziv spent hours watching grainy, black-and-white footage of the Gaza Strip from a tiny room across the border. CNN has reached out to the Israeli military for comment on his claims. Green said he felt his role was to protect the civilians who had been attacked on October 7 and thought the Israeli military would go in and target Hamas. Yuval Green‘Losing so much’Reservists who refuse to serve again, like Ofer Ziv and Green, could face serious consequences. Yuval GreenDespite the risks, both Green and Ofer Ziv are committed to their decision.
Persons: Michael Ofer Ziv, , Ofer Ziv’s, ” Michael Ofer Ziv, Ofer Ziv, ” Ofer Ziv, , Hatem Khaled, , Yuval Green, Green, … we’ve, Khan Younis, Yuval Green ‘, Michael Sfard, Sfard, ” Sfard, refuser, ” Yuval Green, he’s, , … we’re Organizations: CNN, Israel Defense Forces, IDF, Reuters, West Bank Locations: Gaza, Tel Aviv, Israel, Rafah, Khan,
Bell has consistently maintained that Israel has the right to defend itself against Hamas and said he would be supportive of the U.S. ally if elected. Bush accused Israel of an “ethnic cleansing campaign” as the country retaliated. A group of 30 rabbis from the area endorsed Bell in the spring and accused Bush of antisemitism. Bush confirmed the federal investigation but referred to the complaints as “baseless.”Both Bush and Bell argued that the race is about more than just the Middle East. On Friday, Rep. Katherine Clark, a member of House Democratic leadership, traveled to Missouri to stump for Bush.
Persons: LOUIS —, Cori Bush, Bush, , “ I’m, , Wesley Bell, Bell, Louis County’s, Israel —, Jamaal Bowman, Kamala Harris, Joe Biden, she’s, ” Bush, I’ve, , Israel, Benjamin Netanyahu’s, ” Bell, Louis . Bell, Republican Sen, Josh Hawley, Jeff Roberson, Mike Brown, Michael Brown Sr, Katherine Clark, Bowman Organizations: LOUIS, LOUIS — Democratic, NBC News, Israel, Justice Department, Democratic, , St, Israeli, Jewish Federation of St, Republican, NBC, Senate, Sunday, House Democratic Locations: Ferguson, Washington, Israel, U.S, York, Gaza, , Missouri, Louis, Biden’s State, Palestine, St, Clayton , Missouri, Bush, Ferguson , Missouri, New York
In 1973, the median size of completed single-family homes was 1,525 square feet, according to US Census data. But as the cost of buying a home has exploded and McMansions have fallen out of favor, homebuilders have reversed course, building smaller homes with an eye to first-time buyers. Today, smaller, often more affordable homes under 1,000 square feet are harder to come by in most US suburbs. According to an NAHB survey, 17% of homebuilders said they built homes on smaller lots in 2023 to support home sales, and 14% said they built more townhouses. Smaller homes and fewer amenitiesHeather Eisenmann, a Realtor who specializes in selling new construction in Clarksville, Tennessee, said that she’s noticed that many of the new homes she shows now have smaller bedrooms and living rooms.
Persons: Jordyn Carias, , homebuilders, Alan Ratner, , we’ve, Levittowns, wasn’t, Jacob Anbinder, ” Anbinder, Levitt, Irving Haberman, Michael Murray, Heather Eisenmann, she’s, ” Eisenmann Organizations: CNN, Zelman, Associates, National Association of Homebuilders, Cornell University, Sons, National Association of Realtors, Census Bureau Locations: Muscatine , Iowa, America, Levittown, New York, Puerto Rico, Real, United States, Horton, Clarksville , Tennessee, Muscatine, Sacramento
As a result, many fans believed season two would involve an all-out war, with Rhaenyra seeking revenge on both siblings. Fans believed the finale might have another battle to give the season a climactic end, but they were disappointed again. One fan wrote: "Well, that was probably one of the most underwhelming season finales I've ever watched." Horrible payoff 😭 #HouseOfThedragon — merline (@xomerline) August 5, 2024This season of House of The Dragon was the worst season in the whole GOT universe, including season 8 of GOT. Why not give us a real season finale?
Persons: , aren't, Rhaenya Targaryen's, Emma D'Arcy, Tom Glynn, Carney, Ewan Mitchell, I've, eason, ike, ade, Ma Organizations: Service, Aegon, Business, ust, UST, NDS, IKE
A small fire in a wheelie bin was also visible while windows in the hotel were smashed. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. U.K. Prime Minister Keir Starmer has condemned the attack on a hotel housing asylum seekers, describing it as "far-right thuggery" as violence broke out in several towns and cities across the country. Police in the north of England town of Rotherham struggled to hold back a mob of far-right rioters who were seeking to break into a hotel housing asylum-seekers. Britain's new prime minister, Keir Starmer, has blamed the violence on "far-right hatred" and vowed to end the mayhem.
Persons: Keir Starmer, John Healey, George Robertson, Tiffany Lynch, Wales, Andrew Menary, Axel Rudakubana, Rudakubana, Stephen Yaxley, Lennon, Tommy Robinson, Elon Musk, Nigel Farage, , , Diana Johnson Organizations: British, Defence, Downing, Police, . Police, Police Federation of England, BBC, English Defense League, Merseyside Police, Twitter, Elon, Reform U.K Locations: London, England, Rotherham, Middlesborough, Belfast, Northern Ireland, Liverpool, Bristol, Southport, Wales, Rwandan, France
Advertisement"I had a full-time job at the time, and I even had a property manager managing the properties," Cabrera said. Dutton, who has dealt with sellers wanting out, says even property owners trying to offload the problem can lose money in the process. This way, if one unit loses money for whatever reason, the other units will continue to cash flow. In terms of considerations when thinking about the location of an investment property, Dutton noted that one of the biggest expenses buyers often miss, especially in places like South Florida, is property taxes. Another tax mistake buyers make is checking the current property tax and assuming they will pay the same amount.
Persons: it's, Whitney Dutton, Daniel Cabrera, Cabrera, Cabrera isn't, Shelby Johnson, Johnson, Dutton, Chrissy Grigoropoulus, Grigoropoulus Organizations: Service, Native Realty, US Army Locations: South Florida, San Antonio, North Carolina, Florida, New York's Nassau County, New York
London CNN —A play that opened in London this week had to be temporarily paused after audience members felt unwell during a graphic scene depicting an abortion. Staff at the renowned Almeida Theatre in Islington, north London, were forced to suspend its production of “The Years” for a short time on Monday after multiple audience members required assistance. Ali WrightThe theater’s website carries a content warning for the play, which was first staged in the Netherlands in 2022. During the stoppage, care was also provided for three other audience members. Her novel “Happening” details her experience of getting a dangerous backstreet abortion in 1963, when the procedure was illegal in France.
Persons: London CNN —, Almeida, Eline Arbo, Les, Nobel, Annie Ernaux, Romola Garai, Gina McKee –, ” “, Gina McKee, Deborah Findlay, Harmony Rose, Bremner, Anjli, Garai, Ali Wright, , wouldn’t Organizations: London CNN, Staff, Almeida Theatre, CNN, of House, ” CNN, Guardian Locations: London, Islington, Europe, Netherlands, Ernaux, France
The Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, or BIG:LEAP, gave over 3,200 households $1,000 in monthly no-strings-attached cash payments for 12 months starting in January 2022. BIG:LEAP compared the outcomes of households receiving cash payments to nearly 5,000 households with similar incomes and family situations in the control group. In the last six months, participants were more likely to establish proximate safety and work toward protecting themselves in the future. Overall, it stands in contrast to what some critics of basic income argue, including that cash payments majorly reduce employment or don't prepare participants for the future. Housing cost burdens decreased among all study participants.
Persons: , Amy Castro, Kyung Elizabeth Kim, Castro, Eric Garcetti, Karen Bass, we're, Kim, They're Organizations: Service, Los, Economic, Business, University of Pennsylvania, UCLA Locations: Los Angeles
London CNN —Diageo, one of the world’s biggest drinks makers, has reported its first drop in sales since the pandemic, as cash-strapped consumers cut back on spending. The maker of Johnnie Walker whisky, Casamigos tequila and Guinness beer is the latest consumer business to report a hit to sales as inflation and high interest rates take a bite out of household budgets. On Monday, McDonald’s (MCD) said global sales fell for the first time since 2020 as fewer customers visited the fast-food chain’s restaurants. Sales of Johnnie Walker fell by 2% globally, and by 10% in North America, the company’s largest region. That demand has since declined, while higher inflation and interest rates have left consumers with less to spend on luxuries.
Persons: Johnnie Walker, Burger, Debra Crew, George Clooney, Aarin, Hargreaves Lansdown, , Smirnoff, “ That’s, Pernod Ricard, Jameson, Tequila — Organizations: London CNN, Diageo, Starbucks, DEO, , International Organisation of Vine Locations: America, Caribbean, North America, London
Oscar Tully, played by actor Archie Barnes, manages to completely steal away one of the best scenes in "House of the Dragon" to date in episode seven. Daemon desperately covets it, but unfortunately for him, Oscar isn't going to let him take it easily. What you're witnessing here is the verbal murder of Daemon Targaryen at the hands of Oscar Tully. It's the only move available to him to win over the other River Lords, and in turn, their considerable armies. Oscar Tully forever!
Persons: , Daemon Targaryen, Oscar Tully, Archie Barnes, Tully, Oscar, Oscar isn't, Daemon, Grover, Lord, Willem Blackwood, Bracken, Alys Rivers, Oscar Tully isn't, Ollie Upton, Daemon's, Consort, Prince, Daemon seethes, it's, Barnes, sass, Matt Smith, TULLY, tAcWRbHZyP — hayes Organizations: Service, Business, Paramount, HBO Locations: Alys, Harrenhal, @temptationslvre
Vice President Kamala Harris speaks to reporters on July 25, in Washington, DC. Kenny Holston/Pool/Getty ImagesThe election authorities of at least 48 states, both Republicans and Democrats, say there are no obstacles that would prevent Vice President Kamala Harris from getting on election ballots if she becomes the official Democratic presidential nominee, as expected. There was not a single state election authority that told CNN Harris would face a ballot issue as the official nominee; election authorities in two states — Florida and Montana — did not respond to requests for comment, but a review of the states’ ballot access rules suggests Harris is not likely to face an issue there either. The 48 states also include the 15 states where former President Donald Trump, the Republicans’ 2024 nominee, had his highest share of the vote in 2020. Johnson’s office did not respond to CNN’s requests to identify the “impediments” he claimed some states have.
Persons: Kamala Harris, Kenny Holston, Mike Johnson, Joe Biden, CNN Harris, Montana —, Harris, Johnson, they’re, , Donald Trump Organizations: Democrats, Democratic, CNN, ABC, of Columbia, Republicans Locations: Washington , DC, Florida, Montana, Georgia, Arizona , Wisconsin , Pennsylvania, North Carolina , Michigan, Nevada
The 48 states also include the 15 states where former President Donald Trump, the Republicans’ 2024 nominee, had his highest share of the vote in 2020. Since Biden was never the official nominee, states say there’s no problem for HarrisThe election authorities in 48 states and the District of Columbia offered highly similar comments explaining why Harris does not face any hurdles getting on the ballot there. Chelsea Carattini, spokesperson for Republican Idaho Secretary of State Phil McGrane, said in an interview: “There’s no issue. It’s impossible to say for certain whether a particular court in a particular state might rule that the state’s elections authority was wrong. Any challenges after the convention would be challenges to a nominee who received the support of the convention delegates under convention rules.
Persons: Kamala Harris, Mike Johnson, Joe Biden, CNN Harris, Harris, Johnson, they’re, , Biden, Donald Trump, Patrick Gannon, ” Gabriel Sterling, Brad Raffensperger, it’s, haven’t, , Chelsea Carattini, Phil McGrane, , ” Michon Lindstrom, Michael Adams, Kamala, ” Rachel Soulek, Monae Johnson, ” Landon Palmer, State Mac Warner, ” Laney Rawls, Wes Allen, Rawls, CNN’s Tierney Sneed, Derek Muller, ” CNN’s Marshall Cohen, Ethan Cohen Organizations: Washington CNN, Democrats, Democratic, CNN, ABC, of Columbia, Republicans, District of Columbia, North, North Carolina State Board, State Board, Democratic Party, Republican Georgia, Republican, Trump, Chelsea, Republican Idaho, Republican Kentucky, Republican West, State, Republican Alabama, , University of Notre Dame Locations: Florida, Montana, Georgia, Arizona , Wisconsin , Pennsylvania, North Carolina , Michigan, Nevada, North Carolina, South Dakota, Alabama
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