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The anonymous text messages warned her husband – who has been a vocal holdout against Jordan – to back the Ohio Republican. Jordan on Wednesday condemned the death threats, saying “it’s just wrong.”“It should never happen,” Jordan said as he left his office Wednesday night. Womack derided what he called the “attack, attack, attack” tactics of Jordan allies against his Republican opponents. “Frankly, just based on what I’ve been through – I can only speak to myself and what my staff has been through over the last 24 or 48 hours – it is obvious what the strategy has been: Attack, attack, attack. There have also been pro-Jordan robocalls targeting voters in Rep. Carlos Gimenez’s district as well as other members’ district, according to the Florida Republican’s office.

Persons: Jim Jordan’s, Mariannette Miller, Meeks, Kay Granger, Nick LaLota, Steve Womack, Arkansas, there’s, Don Bacon’s, –, Jordan –, “, ”, won’t, ” Jordan, Kevin McCarthy’s, Jordan, “ it’s, “ It’s, It’s, Womack, Carlos Gimenez’s, Gimenez, McCarthy, Steve Scalise’s, Scalise Organizations: CNN, GOP, . New York Rep, ”, Nebraska Rep, Ohio Republican, House Republican, Wednesday, Republicans, Conservative, Republican, Rep Locations: Iowa, Jordan, ’, Florida

☆ The economy just won't slow down, and it's the worst possible outcome for markets right now
▼ + stars: | 2023-10-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Stocks slumped and bond yields surged as investors brace for higher for longer interest rates. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementThe US economy is still burning hot – and it's the worst possible thing for markets to take in right now. AdvertisementAdvertisementInvestors are repricing their interest rate expectations through the rest of the year. Higher rates, and in turn higher bond yields, present a triple whammy, hitting stocks, bonds, and the wider economy.

Persons: Stocks, —, That's, Blanke, Robert Schein, Michelle Cluver Organizations: Service, of Labor Statistics, Dow Jones, Treasury, Wealth, New, Fed

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. A near-miss on a debt ceiling showdown in the Spring led to the loss of another Triple-A sovereign credit rating. A fiscal adjustment akin to the one enacted in 1993 would be enough to do that again over 5 years. "However, this looks unlikely anytime soon given congressional gridlock, a lack of political attention to deficit reduction and the upcoming 2024 election," it concluded. On current poll readings at least, next year's election will do nothing to end the fiscal war.

Persons: Brendan McDermid, it's, Donald Trump, Democrat Joe Biden, Erik Nielsen, what's, Stephen Jen, Jen, Trump, Biden, Goldman Sachs, Goldman, William Maclean Organizations: New York Stock Exchange, REUTERS, U.S, Presidential, AAA, Democrat, Biden, Trump, Congress, Ukraine, Treasury, Republican, Reuters, GRIDLOCK, Thomson Locations: New York City, U.S, loggerheads, Russia, Ukraine, United States

☆ Teens get hundreds of phone alerts per day, report finds
▼ + stars: | 2023-09-26 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

CNN —Teens get as many as 237 or more notifications each day on their smartphones, according to a new report. But some teens used their phones for more than six hours during that time. … This research bears itself out 100%,” said John Duffy, a Chicago-based psychologist who wasn’t involved in the report, via email. “When I lost my phone … I didn’t have a phone for a week, and that week was amazing. Adults could do more to help teens and children develop healthier habits for phone use, experts said.

Persons: ”, Jenny Radesky, Mott, shouldn’t, “, John Duffy, wasn’t, ” Duffy, James P, Steyer, ” Steyer, Neha Chaudhary Organizations: CNN —, University of Michigan, Mott Children’s Hospital, American Academy of Pediatrics ’, Excellence, Social Media, Mental Health, Advisory Council, Council, CNN, Media, Massachusetts General Hospital, Modern Health Locations: Chicago, Massachusetts

☆ Morocco’s quake survivors must rebuild their homes and lives. But decimated communities can do little to help
▼ + stars: | 2023-09-16 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +9 min

Atlas Mountains, Morocco CNN —Khadija Ait Si Ali was just starting to rebuild her life when the earthquake struck. He told CNN he was determined to rebuild a home for his family. He told CNN the financial assistance would be a significant help for people living in the mountains. Back in Tinzert, Khadija Ait Si Ali said that for now, she was just trying to focus on her baby and get through each day. Ait Si Ali said she felt lost with nobody to turn to.

Persons: Morocco CNN —, Ait Si Ali, “, ”, Amal Zniber, Amis Des Écoles, ” Zniber, Abdu Brahim, Hanan Ait Brahim, Ivana Kottasová, ” Hanan Ait, Hanan Ait, Abdelkarim Ait, Adil Akanour, ” Akanour, Akia, Akia Nayet, Fatme, CNN Mariam Maroi, Mariam Maroi, Brahim Organizations: Morocco CNN, CNN, Amis, Moroccan, United Nations Locations: Morocco, Tinzert, Tafeghaghte, Marrakech, Abdelkarim Ait Amkhaine’s, Ouirgane, Akanour, Asni, Turkey, Syria

It forecasts that Britain, with a 2030 fossil-fuel car sale ban, could be short 25,000 EV technicians by 2032. And Australia could be 9,000 EV technicians short by 2030, the Victorian Automotive Chamber of Commerce predicts. CEO Lawrence Whittaker said Warrantywise must use expensive franchise dealers to fix EVs because they more often have qualified technicians than independent shops. Customers lacking EV repair options already come from far afield. The IMI estimates 20% of UK automotive technicians have received some EV training, but only 1% are qualified to do more than routine maintenance.

Persons: Rex Nielsen, Mark Syvret, Renault Zoe, Nick Carey, Roberto Petrilli, Lawrence Whittaker, Warrantywise, Mark Darvill, Darvill, Hillclimb's, Addison Lee, Andrew Wescott, Tesla, Daniel Brown, Germany's Lucas, David Etzwiler, Etzwiler, Collin Jennings, Jennings, Steve Nash, Nicholas Wyman, you'll, Aurora Ellis Organizations: Renault, REUTERS, EV, Motor Industry, of Labor Statistics, Victorian Automotive Chamber, Commerce, Auto, Reuters, UK, Tesla, IMI, Siemens Foundation, Traders ' Association of New, MTA NSW, U.S . Institute, Workplace, Thomson Locations: Ash Vale, Britain, DETROIT, MILAN, England, Milan, Melbourne, Malibu, Italy, Hertford, China, India, Europe, United States, Australia, High Wycombe, London, Traders ' Association of New South Wales, NSW

☆ A 27-year-old investor building a retirement portfolio of $2 million in 8 years shares why he's heavily buying a fund paying a 12% annualized yield on a monthly basis with tax advantages
▼ + stars: | 2023-09-03 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

As Hankwitz was looking for yields, he came across the NEOS S&P 500 High Income ETF (SPYI). It's also attractive to those who may want to supplement their regular income, Hankwitz said. "Normally, you'll see anywhere between 2 to 4% for most of these dividend stocks," Hankwitz said. "But for a long-term investor like myself, I do want to have that deep exposure to the S&P 500. Global X S&P 500 Covered Call ETF (XYLD) is a similar fund that holds the S&P 500 stocks.

Persons: Austin Hankwitz, Hankwitz, It's, Troy Cates, Cates, it's, XYLD, SPYI, We've Organizations: Medicis, Broadcom, MasterCard, SPYI, JPMorgan, Internal Revenue Service, hasn't, Treasury Locations: SPYI

☆ Shohei Ohtani Won’t Pitch Again This Season
▼ + stars: | 2023-08-24 | by ( Victor Mather | More About Victor Mather | ) www.nytimes.com time to read: +1 min

Shohei Ohtani has been one of the most brilliant baseball players in memory, and the first in generations to both pitch and hit at a star level. Ohtani, who is eligible for free agency this off-season, left Wednesday’s game against the Cincinnati Reds with one out in the second inning. He did not pitch for all of 2019 while recovering from Tommy John surgery on the same elbow, but he continued to hit. Ohtani leads the majors with 44 home runs and a .664 slugging percentage. He finished his pitching season with a 10-5 record and a 3.14 E.R.A.

Persons: Shohei Ohtani, they’ve, Ohtani, Tommy John Organizations: Los Angeles Angels, Cincinnati Reds

All are accused of running afoul of the state's Racketeer Influenced and Corrupt Organizations, or RICO, law. “You can tell a great story in your indictment, and you might be able to prove it. “The problem with RICO is that it takes a lot longer because there are so many more elements to it,” said Jerry Froelich, a Georgia criminal defense attorney and former prosecutor. In RICO cases, defendants are often loosely associated, making it easier for prosecutors to get them to "flip," or turn on one another. Georgia courts have upheld the law’s use in novel contexts that include Willis' successful prosecution of teachers who falsified scores on standardized tests.

Persons: Fani Willis, Donald Trump, Elijah, Democrat Joe Biden, ”, Harry Sandick, Trump, Willis, Jack Smith, Smith, Jerry Froelich, “, ’, Froelich, “ There’s, Willis ’, “ It’s, Jeffrey Cohen, Jack Queen, Noeleen Walder, Howard Goller Organizations: Fulton, REUTERS, Republican, Democrat, Trump, ”, Boston College, U.S ., Thomson Locations: Fulton County, Atlanta , Georgia, U.S, Georgia, New York

☆ GOP Oversight Chairman Comer vows to subpoena the Biden family
▼ + stars: | 2023-08-11 | by ( Scott Wong | ) www.cnbc.com time to read: +3 min

Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, July 26, 2023. WASHINGTON — House Oversight Committee Chairman James Comer, who is leading the investigation into Hunter Biden's foreign business dealings, said Thursday his panel plans to subpoena members of the Biden family, including possibly President Joe Biden. We are going to subpoena the family," Comer, R-Ky., said in an appearance on Fox Business. Comer said that had he issued a subpoena for Joe and Hunter Biden on his first day as Oversight chairman, a judge would have thrown it out. Last month, Hunter Biden pleaded not guilty to two charges of failing to pay federal taxes related to his business dealings.

Persons: Hunter Biden, Joe Biden, James Comer, Hunter, Biden, Comer, Joe, —, Ian Sams, Devon Archer, Joe Biden's, Archer, Maria Bartiromo, We've, they'll, Donald Trump Organizations: WASHINGTON —, Fox Business, Biden, Fox Locations: Wilmington , Delaware, Ky, America, Congress

☆ Inflation data backs a soft landing, but it might not be enough to stop the market's swoon
▼ + stars: | 2023-08-10 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

The consumer price index report out Thursday is supportive of a soft landing. We'll see if it turns around this recent swoon in the stock market. There's an old saw on Wall Street: in corrections it takes a lot longer to lose the first 5% because people buy the dip. The macro data (China excepted), including today's CPI, has been supportive of the soft landing. There's a huge swath of investors that seem perfectly happy to collect 5% yields on their 1-year Treasuries, market rally be damned.

Persons: it's, Chris Murphy, Eric Johnston, Cantor Fitzgerald, Cash, Johnston, Anthony, Webull, Mark Newton, Fundstrat Organizations: Susquehanna International Group, CPI, Nvidia, Microsoft Locations: China

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. U.S. stocks have sharply rallied in 2023, with the benchmark S&P 500 (.SPX) clocking 17% gains year to date, fueled by optimism around artificial intelligence and hopes of a soft landing for the world's largest economy. "But in the service side, it's been pretty sticky and that's one reason why it's taking a lot longer for inflation to subside." Reuters GraphicsOverall, second-quarter earnings have been better-than-expected so far, with 79.1% of the 422 S&P 500 companies that have reported as of Friday beating analysts' estimates, according to Refinitiv data. The S&P index recorded 17 new 52-week highs and seven new lows, while the Nasdaq recorded 46 new highs and 128 new lows.

Persons: Brendan McDermid, Dow, Charlie Ripley, it's, John Williams, Michelle Bowman, Vaibhav, Zachary Kirkhorn, Berkshire Hathaway, Warren Buffett, Tyson, packer, Bansari Mayur Kamdar, Johann M, Saumyadeb Chakrabarty, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Berkshire, Tyson, Dow, Nasdaq, Federal, CPI, Allianz Investment Management, York Fed, Dow Jones, Apple, Reuters, Sage Therapeutics, Tyson Foods, Yellow Corp, NYSE, Thomson Locations: New York City, U.S, Bengaluru

☆ These factors will be big market drivers in the final five months of the year
▼ + stars: | 2023-07-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Consider: The S & P 500 hasn't seen a 1% down day in two months . The S & P 500 is going to close higher for five consecutive months. The S & P 500 advance/decline line, which measures the daily activity of how many stocks are advancing versus declining, has been rising steadily for the past two months. The triumph (so far) of the soft landing has enabled earnings estimates to stabilize. The soft landing data must continue .

Persons: It's, What's, Frank Gretz, Wellington Shields, Gretz, Alec Young, Young, Jerome Powell's, Timmer, Matt Maley, Miller Tabak Organizations: PCE, Bulls, Tactical Alpha, Fed, Fidelity Investments Locations: Wellington

Susan Burton and Laura Starecheski andAfter the nurse is sentenced, patients file a lawsuit against the fertility clinic at Yale. The nurse, Donna, is just one person. How did Donna get away with what she was doing — and how long was she doing it for? And what about the pain patients felt during retrievals? We go inside the Yale clinic to find out what staff members can tell us about the failings and to try to make sense of that pain from the perspective of doctors and nurses.

Persons: Susan Burton, Laura Starecheski, Donna Organizations: Yale

☆ Saudi soccer dominance could still take 'decades' despite reported $332 million Mbappé bid
▼ + stars: | 2023-07-25 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Aurelien Meunier - PSG/PSG via Getty ImagesSaudi Arabian soccer club Al-Hilal reportedly tabled a world record 300 million euro ($331.9 million) bid for Paris Saint-Germain star Kylian Mbappé, a further signal of the kingdom's efforts to shake up the sport's global order. Al-Ahli snapped up Chelsea goalkeeper Edouard Mendy and former Liverpool striker Roberto Firmino, and have just agreed a £30 million ($38.54 million) deal to bring in forward Riyad Mahrez from reigning English Premier League and European champions Manchester City. A medium-term threat Soccer isn't the first sport to be rocked by a sudden wave of Saudi investment. This is more like a couple of decades before I think we could see some significant impact." Cristiano Ronaldo stands prior to the Saudi Pro League week 28 soccer match between Al-Nassr and Al-Shabab at Alawwal Park Stadium in Riyadh, Saudi Arabia on May 23, 2023.

Persons: Kylian, Paris Saint, Germain, Le, Aurelien Meunier, Hilal, Mbappé, Nassr, Cristiano Ronaldo, Marcelo Brozovic, Alex Telles, Ronaldo, Ballon, Karim Benzema, N'Golo Kante, Edouard Mendy, Roberto Firmino, Mahrez, Anmar Al, Khalid Alhaj, Al, Ruben Neves, Kalidou Koulibaly, Sergej Milinkovic, Savic, LIV, Michael Goldberg, DBRS Morningstar, Goldberg, Jude Bellingham, Mohammed Saad Organizations: Paris Saint, Campus PSG, PSG, Getty Images, Al, French, country's Public Investment Fund, Real, English Premier League, Newcastle United, Saudi, — Al, Saudi Pro League, Inter Milan, Manchester United, Real Madrid, Chelsea, Liverpool, Manchester City, King Abdullah Sports City, Premier League's Wolverhampton Wanderers, Senegalese, Lazio, UEFA, Champions League, England's Premier League, Liga, Germany's Bundesliga, Italian Serie, isn't, DBRS, CNBC, Bayern Munich, Juventus, Borussia Dortmund, Alawwal, Anadolu Agency, Getty Locations: POISSY, France, Paris, Le Havre, Getty Images Saudi Arabian, Qatar, Real Madrid, Spanish, Saudi, Ittihad, Al, Hilal, Ahli, JEDDAH, Saudi Arabia, Europe, Italian, Barcelona, Liverpool, Shabab, Riyadh

☆ Ron DeSantis is eyeing cutting Social Security for people 'in their 30s and 40s' — but 'totally not' for seniors
▼ + stars: | 2023-07-24 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Ron DeSantis told Fox News he would consider cutting Social Security for younger Americans. Lawmakers on both sides of the aisle have sparred over changes to Social Security. DeSantis' campaign did not immediately respond to Insider's request for comment on how the candidate would reshape Social Security. "Under no circumstances should Republicans vote to cut a single penny from Medicare or Social Security," Trump said in a January video. Save Social Security, don't destroy it."

Persons: Ron DeSantis, DeSantis, Kevin McCarthy, Donald Trump, Trump, Julie Tippens Organizations: Fox News, Social Security, Service, GOP, Republicans, Social, Medicare, Security, Social Security Administration, American Federation of Government Employees, SSA Locations: Wall, Silicon, Florida

☆ Meet a student-loan borrower with $101,000 in debt who doesn't have 'any hope' with Biden's new plan for loan forgiveness: 'I'm never going to be able to pay it down'
▼ + stars: | 2023-07-09 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Jarrett, 38, has $101,000 in student debt and was hopeful for Joe Biden's loan forgiveness. He told Insider he didn't think Biden's new plan for relief would deliver for borrowers. For years after graduating, he struggled to find steady employment and placed his initial student-loan balance of about $60,000 on forbearance. "I'm never going to be able to pay it down," Jarrett told Insider. And I certainly don't think that what he's doing now is going to address the issue either."

Persons: Jarrett, Joe Biden's, Jarrett —, —, doesn't, I'm, I've, Biden, Jarrett isn't, Alexandria Ocasio, Ro Khanna, he's Organizations: Service, Education Department, Higher, Democratic, CNN, Biden Locations: Wall, Silicon, Alexandria, Cortez

☆ Everything student-loan borrowers need to know about what will happen when payments restart this fall without broad debt relief
▼ + stars: | 2023-07-03 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Biden announced a new plan to transition borrowers back into repayment after his broad debt relief was struck down. The plan includes a 12-month "on-ramp" period and a new income-driven repayment plan. Along with the on-ramp period, Cardona also said his department has finalized a new income-driven repayment plan for borrowers. If a borrower is already enrolled in the REPAYE plan — an existing income-driven repayment plan — they will automatically be put on the SAVE plan when it becomes available. If a borrower is enrolled in an income-driven repayment plan, they can go to studentaid.gov and select the "My Aid" page, which will list their repayment plan.

Persons: Biden, —, Joe Biden's, overreached, Miguel Cardona, Cardona, we'll, I'm Organizations: Service, Higher, Education Department, Public, Valuable Education

☆ Why Biden's new plan to cancel student debt is going to take a lot longer than his first proposal
▼ + stars: | 2023-07-03 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

After the Supreme Court struck down Biden's first student-debt relief plan, he announced he'll be trying again. He started the process to use the Higher Education Act of 1965, but it will take longer this time. On Friday, the high court struck down Biden's first plan to cancel up to $20,000 in student debt for federal borrowers using the HEROES Act of 2003. While Republican lawmakers lauded the Supreme Court decision, Democratic lawmakers celebrated Biden's effort to try again under the Higher Education Act. The President has the clear legal authority to cancel student debt under the Higher Education Act.

Persons: he'll, Biden, —, Joe Biden, Miguel Cardona, they'll, Cardona, Bharat Ramamurti, Ramamurti, they're, Warren Organizations: Service, Friday's, Supreme Court, Education, Higher, National Economic Council, Republican, Democratic, Twitter

☆ Oil and gas will continue to power the world for decades to come, big oil firms say
▼ + stars: | 2023-06-30 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +5 min

"We think the biggest realization that should come out of this conference ... is oil and gas are needed for decades to come," said John Hess, CEO of U.S. oil company Hess Corporation. A.S. Sahney Executive Director of Indian Oil CorporationHess said oil and gas are key to the world's economic competitiveness, as well as an affordable and secure energy transition. "The world is facing a structural deficit in energy supply, in oil and gas, in clean energy," he said. "That shows our belief in [the] continuance of fuel," the executive director said, acknowledging that energy transition is here to stay. Oil demand an 'ancient story'Commodities trading firm Vitol is less bullish, predicting that demand for crude will peak in 2030 — two years later than the IEA's forecast.

Persons: John Hess, Hess, Indian Oil Corporation Hess, Haitham Al Ghais, Erin McGrath, Dan Yergin, TotalEnergies, Patrick Pouyanne, Amin Nasser, Russell Hardy, Russia's Organizations: Barcroft Media, Getty, Energy Asia, Hess Corporation, International Energy Agency, Sahney, Indian Oil Corporation, OPEC's, Hess Corp, Energy Asia Summit, Bloomberg, ExxonMobil, CNBC, U.S, Commodities, EV Locations: Lake, China's Jiangsu, Malaysia's, Kuala Lumpur, India, A.S, Malaysia, Asia, Africa, America, Europe, China, Korea, Japan, Vietnam, Saudi Arabia's, Aramco

☆ Nearly half of startups backed by some of the UK and Europe's top VC funds have zero women on the board, trailing bigger firms
▼ + stars: | 2023-06-28 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Almost half of startups backed by top UK and European VC firms lack female board members, data shows. It means startups trail the 350 biggest listed UK firms, which hit 40% female board representation. Startups, though often promising to disrupt the status quo, are well behind larger firms when it comes to female leadership. Nearly half of startups currently backed by top UK and European venture capital firms lack any women on the board, new figures show. The data comes from 16 VC firms in the UK and Europe and covers 450 companies in their portfolios.

Persons: ESG_VC, Henry Philipson, Philipson, Michelle You, there's Organizations: European, Molten Ventures, Beringea, MMC, British Private Equity, Venture Capital Association, Investors Locations: Highland, Europe

☆ Teslas and other EVs don't need as much maintenance as gas-powered cars. Here are key differences in upkeep and repairs.
▼ + stars: | 2023-06-27 | by ( Alexa St. John | Matthew Debord | ) www.businessinsider.com time to read: +1 min

Gas-powered vehicles require maintenance like oil changes and more. Still, there are key nuances to EV maintenance that drivers should know. Taking your car to the shop will look a lot different if you drive an EV versus a gas-powered vehicle. But because EVs are so tech-heavy, they do come with some maintenance and service nuances. Here's a rundown of all the ways that keeping an EV on the road is different from a gas-powered vehicle:

Persons: Tesla, EVs

☆ A YouTuber says he built a hybrid, diesel-powered Tesla with more than 1,000 miles of range — but it's ridiculously loud
▼ + stars: | 2023-06-22 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

A YouTuber says he created a Tesla hybrid that has more than 1,000 miles of range. YouTuber Warped Perception's hybrid Tesla. YouTuber Warped Perception's hybrid Tesla. All told, the Tesla hybrid got around 35 miles to the gallon, according to Mikka's calculations. Mikka told Insider he spent years conceptualizing the design.

Persons: Matt Mikka, Mikka, Tesla, he's Organizations: Environmental Protection Agency

☆ Bank of England set to raise rates to 4.75% as inflation slow to fall
▼ + stars: | 2023-06-16 | by ( David Milliken | ) www.reuters.com time to read: +5 min

However, Neiss thinks the BoE is unlikely to raise interest rates as much as markets have priced in. In a Reuters poll this week, economists predicted the BoE would raise interest rates just twice more, taking rates to a peak of 5% by August or September. The BoE faces three big challenges when assessing how much more rate tightening it needs to do. Fewer households have mortgages and more are on fixed rates - so a key channel for higher interest rates to affect the economy now operates with a delay. "If the Bank of England accelerated policy tightening now, that would smack of panic or a loss of control," McGuire said.

Persons: Henry Nicholls, BoE, BoE Governor Andrew Bailey, Bailey, Katharine Neiss, Neiss, Christine Lagarde, Richard McGuire, Swati Dhingra, Silvana Tenreyro, Megan Greene, Tenreyro, McGuire, Yoruk Bahceli, David Milliken, Toby Chopra Organizations: Bank of England, REUTERS, of, U.S . Federal Reserve, European Central Bank, Italy, Fed, ECB, Reuters, homebuyers, Rabobank, MPC, Thomson Locations: City, London, Britain, of England

He'd started up his gym business last year but was struggling to make ends meet. Jose said he had launched the business in the past year and was doing a "horrible job" at keeping his personal and business finances separate. $12,061.64 on an American Express Blue Business card, with a minimum payment of $371. $4,898.59 on an American Express card, with a minimum payment of $86. Around $5,000 on an Upstart personal loan, charged at 30% interest rate, with a minimum payment of around $170.

Persons: Jose, Caleb Hammer's, He'd, Hammer, Caleb Hammer, Uber, It's Organizations: American Express Blue, American Express, Disney, Jose Locations: Dallas , Texas

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