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☆ Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds
▼ + stars: | 2024-11-01 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Collectively, Americans are having a harder time keeping up with their credit card bills. Credit card rates spiked along with the Federal Reserve's string of 11 rate hikes starting in March 2022. Altogether, the average credit card interest rate fell by just 0.13% from the previous quarter, the report found. "When the Fed makes a rate cut, credit card rates often don't fall by as much," Jennifer Doss, executive editor and credit card analyst at CardRatings, said in a statement. "One reason is that credit card companies are being cautious.

Persons: Jennifer Doss Organizations: Finance, Fed

☆ Georgia group that pushes election misinformation gains influence
▼ + stars: | 2024-10-09 | by ( Curt Devine | Donie O'Sullivan | ) edition.cnn.com time to read: +14 min

As an example, he cited his inability to review ballots from the 2020 election. If the system is secure, they would have produced the paper ballots,” Favorito said. Favorito has also made connections with election officials around Georgia, some in Republican-leaning districts. Still, after Donald Trump lost the presidency, VoterGA began peddling claims that “significant evidence of fraud” existed in Georgia’s 2020 election. Favorito and VoterGA have made connections with others in the national movement that has cast doubt on the 2020 election.

Persons: Garland Favorito, VoterGA, they’ve, Favorito, Michael Flynn, ” Gabriel Sterling, ” Favorito, John F, Favorito’s, US Sen, David Perdue, Garland, Matt Hamilton, Holden, ”, ” Holden, “, David Hancock, ” Megan Bellamy, “ We’re, Joseph Kirk, Travis Doss Jr, Doss, Bill Clinton, Clinton, Israel, President Kennedy, Robert, Israel’s, CNN “, ” Garland, Donald Trump, Patrick Byrne, Overstock.com, Doug Logan, Cleta Mitchell, Flynn, Sterling, ” Sterling, Trump, ” CNN’s Sean Clark Organizations: CNN, Peach State, Republican, Trump, “, CIA, Georgia Capitol, US, Chattanooga Times Free Press, Facebook, Georgia, The Atlanta, ”, America, JFK Jr, Southern Poverty Law Center, Nazi, Favorito, Georgia Bureau of Investigation, FBI, The America, American Locations: Georgia, Peach, ”, Ringgold , Georgia, Paulding County, Atlanta, Gwinnett, “ Georgia, Bartow County, Washington, Georgia’s, Fulton County, Maricopa County

CNN —Election officials in Georgia, North Carolina and Florida are working quickly to ensure voters can still securely cast early ballots, despite the devastating storm impacts of Hurricane Helene that have in some cases left them without power, water and cell service. He also plans to request extending early voting until Election Day, since typically in Florida early voting goes until the Sunday before. In North Carolina, Bell is considering working with state emergency management and the North Carolina National Guard to set up temporary polling places if needed. “All of those ballots have tracking… North Carolina uses it to the fullest,” Mann said. Bell added that the state’s tracking system, BallotTrax, can help North Carolina voters determine where their ballot may be and whether it was lost in transit.

Persons: Hurricane Helene, Travis Doss, Jr, Doss, ”, Karen Brinson Bell, “, ” Travis Hart, Bell, We’ve, ” Bell, Hart, Florida’s, Ian, Hurricane Michael, Hurricane Dorian, “ We’ll, Brad Raffensperger, Raffensperger, Chris Mann, ” Mann, Mann, Paul Cox Organizations: CNN, Richmond County, North Carolina State Board, US Postal Service, “, Hurricane, North Carolina National Guard, National Guard, Georgia’s, Election Innovation, Research Locations: Georgia , North Carolina, Florida, Hurricane, Augusta, Richmond, Georgia, North Carolina, Hyde County, “, North, Carolina

☆ Hershey is turning its candy into energy drinks and protein powders
▼ + stars: | 2024-09-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —With its line-up of sweet snacks, Hershey isn’t known as a purveyor of diet foods. As the use of weight-loss drugs — notably Ozempic and Wegovy — grows, the 130-year-old confectionery company is adjusting to this new era by pushing further into the wellness category with protein powders and energy drinks in popular candy flavors. Hershey’s namesake milk chocolate and Reese’s peanut butter and chocolate will soon be sold as protein powders and its Jolly Rancher candies will be turned into bubbly energy drinks. Energy drinks, which are most often bought by millennial and Gen Z customers, have “a lot of affinity” with Hershey’s products, Cunningham told CNN. C4 has already had success with using flavors from Skittles, Starburst and Popsicle for its other energy drinks.

Persons: Hershey, —, “, ”, Doss Cunningham, Red Bull, Cunningham, ” Cunningham, Andrea Hernández, Hernández, Hershey’s Organizations: New, New York CNN, Hershey Company, C4 Energy, Red, Energy, CNN, Kroger, Walmart, Hershey, One Locations: New York, “, United States, Amazon

☆ Captain of Holland America ship wept said cruise passengers when he announced 2 crew members died on board in an 'accidental steam release'
▼ + stars: | 2024-03-30 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Holland America said that two crew members died on board due to an accidental steam release. The ship's captain "broke down crying" and held a moment of silence for the deceased crew members. AdvertisementCruise company Holland America has said that two unnamed crew members died on board due to "an accidental steam release in an engineering space." She said that the captain "broke down crying" and held a moment of silence for the deceased crew members. Holland America said: "All of us at Holland America Line are deeply saddened by this event.

Persons: Holland, —, Laine Doss, We've Organizations: Service, Cruise, Holland America, Business, Nieuw Amsterdam, America, Bahamas Maritime Authority, Dutch Safety, US Coast Guard, Holland, NBC News Locations: Nieuw Amsterdam, The Bahamas, Bahamas, Holland

☆ Even Most Biden Voters Don’t See a Thriving Economy
▼ + stars: | 2023-11-28 | by ( Lydia Depillis | More About Lydia Depillis | ) www.nytimes.com time to read: +2 min

But the White House has addressed a few specific costs that matter for families, by releasing oil from the Strategic Petroleum Reserve to contain surging oil prices in late 2022, for example. The more the administration talks about its concrete efforts to lower prices, the more Mr. Biden will benefit, Mr. Doss said. “When I talk about the economy, it’s just inflation, and to me inflation is systemic and coming from the Trump administration,” Ms. McDowell said. Moreover, she sees the situation healing itself, and thinks Mr. Biden is doing the best he can given the challenges of the wars in Ukraine and now Gaza. Because they’ve got jobs,” Ms. McDowell said.

Persons: Biden, Doss, —, Kendra McDowell, Trump, ” Ms, McDowell, they’ve, Ms, “, ” Organizations: Strategic Petroleum Reserve, Medicare Locations: Harrisburg, Pa, Ukraine, Gaza

☆ The race to create the 'Amazon of real estate' could change home buying forever
▼ + stars: | 2023-10-25 | by ( James Rodriguez | ) www.businessinsider.com time to read: +14 min

But after years of trying, the basic structure of buying and selling a home remains pretty much the same. Even if you accept a bit of intricacy, real estate remains a stodgy industry — and regulation is at the core of that resistance to change. Despite the best efforts of would-be disruptors to cut out this middleman, 88% of buyers this year enlisted a real-estate agent, a Zillow survey found. Short of a tech-enabled homebuying nirvana, there are some other changes that could make the process easier for consumers. Saul Klein, an early internet evangelist in the real-estate industry, told me he sees an approaching "paradigm shift."

Persons: that's, you'll, they're, it's, Mike DelPrete, Rob Hahn, DelPrete, aren't, they'd, pocketing, —, ClosingCorp, we're, John Berkowitz, hasn't, Berkowitz, They're, Bobby Bryant, Bryant, Rich Barton, Wendy Gilch, Gilch, Saul Klein, Klein, James Rodriguez Organizations: Companies, University of Colorado Boulder, National Association of Realtors, Ojo, Group Inc, Universal Locations: Washington, California, Georgia

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