By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates were back up this week, just as the latest government data shows inflation has not slowed, meaning the Federal Reserve is almost certain to raise its benchmark borrowing rate again. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate rose
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By Anna Bahney, CNN Business Mortgage rates are on the rise again after a dramatic drop last week. The 30-year fixed-rate mortgage averaged 5.51% in the week ending July 14, up from 5.3% the week before, according to Freddie Mac. That is significantly higher than this time last year when it was 2.88%. Rates rose
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By Clare Duffy, CNN Business It’s not every day that a major corporate lawsuit features a poop emoji, but then again it’s not every day that one of the world’s most influential social media platforms sues the world’s richest man to make him buy it. Twitter on Tuesday filed a lengthy and colorful lawsuit against
Continue Reading By ANITA SNOW and EUGENE GARCIA Associated Press PHOENIX (AP) — Long lines are back at food banks around the U.S. as working Americans overwhelmed by inflation turn to handouts to help feed their families. With gas prices soaring along with grocery costs, many people are seeking charitable food for the first time, and more
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By ANITA SNOW and EUGENE GARCIA Associated Press PHOENIX (AP) — Long lines are back at food banks around the U.S. as working Americans overwhelmed by inflation turn to handouts to help feed their families. With gas prices soaring along with grocery costs, many people are seeking charitable food for the first time, and more
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macamilarincon (CNN Business) –– Uno de los principales indicadores de inflación volvió a aumentar en Estados Unidos durante junio, lo que muestra que los precios continúan obstinadamente altos. La inflación se dispara y llega al 9,1% interanual en Estados Unidos, impulsada por el precio récord de la gasolina El Índice de Precios al Productor, que
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Inflation in the U.S. is surging to the highest level in 40 years. Wednesday, the bureau of labor statistics reported consumer prices rose nine-point-one percent last month, in a year-over-year comparison. That’s the highest rate since 1981. Refinitiv reports, that it’s also higher than the eight-point-eight percent that economists predicted. Analysts say gas prices played a major factor
Continue Reading macamilarincon (CNN) –– Chris Hemsworth es tan increíble fuera de la pantalla como el héroe de Marvel al que da vida, según han revelado sus compañeros de set. Al punto de incluso suspender su dosis diaria de carne antes de filmar una escena en la que debía besar a Natalie Portman, coprotagonista de “Thor: Love
Continue Reading By Scottie Andrew, CNN Before we all fawned over the impossibly cute Grogu/Baby Yoda in the first episode of “The Mandalorian,” another big-eared, sweet-natured creature had already weaseled his way into our hearts. Gizmo the Mogwai, the fuzzy, wide-eyed puppet, is undoubtedly the star of 1984’s horror-comedy “Gremlins” and its sequel. And more than 30
Continue Reading By KONSTANTIN TESTORIDES Associated Press SKOPJE, North Macedonia (AP) — North Macedonia got a boost from European Commission President Ursula von der Leyen for the country’s hopes of eventually joining the European Union amid a dispute with Bulgaria. Von der Leyen told North Macedonia’s parliament — speaking in the Macedonian language — that “we want
Continue Reading By Jen Christensen, CNN Wednesday was the deadline for the US Food and Drug Administration’s Center for Tobacco Products to take action on popular synthetic nicotine products, but the agency stopped short of the drastic moves demanded by lawmakers and anti-tobacco advocates. Synthetic nicotine is the industry’s attempt to sidestep FDA oversight with lab-made nicotine,
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By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — A Barcelona club official tells The Associated Press that the club has reached an agreement with Manchester United for the potential transfer of Netherlands midfielder Frenkie de Jong. The player still needs to approve the move. United has agreed to pay Barcelona 75 million euros plus
Continue Reading TORONTO (AP) — Hockey Canada has published an open letter to Canadians, saying it will reopen the third-party investigation into an alleged sexual assault involving members of the country’s 2018 world junior team. The national federation also says participation in the investigation by the players in question is mandatory. Anyone who declines will be banned
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Astronomers published a study in the journal “nature” that details a strange signal they discovered back in 2019. It’s called a fast radio burst. Hundreds of these bursts of radio waves with unknown origins have been detected since the first one was found in 2007. But this flash was different. Most of the time, they
Continue Reading By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — A Lebanese minister is warning that the ruins of the Beirut Port silos, destroyed in a massive explosion two years ago, may collapse because of a recently ignited fire that is still smoldering. Hundreds of tons of highly explosive material that had been improperly stored in the
Continue Reading By FÉLIX MÁRQUEZ Associated Press SAN MARCOS ATEXQUILAPAN, Mexico (AP) — After days of preparation and donations to cover funeral costs, this mountain community in eastern Mexico on Thursday mourned the return of three teens, all cousins, lost among the 53 migrants who died inside a semitrailer in San Antonio, Texas. The previous 24 hours
Continue Reading By DIANE JEANTET Associated Press RIO DE JANEIRO (AP) — Millions of Brazilians will get a hefty boost from a measure approved by Brazil’s Congress that sharply raises subsidies for the poor. It’s also likely to bolster incumbent President Jair Bolsonaro’s reelection campaign because it comes less than three months before voting. Lawmakers voted Wednesday
Continue Reading By KELVIN CHAN AP Business Writer LONDON (AP) — Emirates Air has rejected a demand by London’s Heathrow Airport for airlines to cut the number of passengers on summer flights in a bid to ease travel disruptions. The Mideast carrier calls it an “entirely unreasonable and unacceptable” move that shows “blatant disregard for customers.” The
Continue Reading Sergio Gomez (CNN Español) — Amazon continúa preparando el lanzamiento de la serie “El Señor de los Anillos: los Anillos de Poder”, la cuál está llamada a ser una de las series del año. A menos de dos meses para su estreno (previsto para el 2 de septiembre), la compañía ha estrenado un nuevo tráiler
Continue Reading MADRID (AP) — The stadiums of Barcelona, Real Madrid and Atlético Madrid are on the list of venues seeking to host matches if the 2030 World Cup takes place in Spain and Portugal. A total of 15 stadiums have offered to be among the 11 Spanish venues expected to host games if the Iberian bid
Continue Reading By Nicole Goodkind, CNN Business JPMorgan Chase kicked off the second quarter earnings season with bad news: The bank temporarily suspended share buybacks and fell short of analysts’ expectations for earnings and revenue growth. Profit declined 28% from a year earlier to $8.65 billion and the bank reported earnings of $2.76 per share versus the
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By Tami Luhby, CNN Social Security recipients could see a 10.5% increase in their payments next year, driven by the steep rise in inflation, according to a new estimate. That would add about $175 to the average monthly retiree benefit, which is currently $1,668, according to The Senior Citizens League, an advocacy group that released
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CNN, CNN BUSINESS By Tami Luhby, CNN Social Security recipients could see a 10.5% increase in their payments next year, driven by the steep rise in inflation, according to a new estimate. That would add about $175 to the average monthly retiree benefit, which is currently $1,668, according to The Senior Citizens League, an advocacy
Continue Reading By Jennifer Korn Twitter’s turbulent week continues. Twitter was briefly hit by a significant outage on Thursday morning, with tens of thousands of users reporting issues using the social media site, according to Down Detector. The reports of service interruptions appeared to begin spiking around 8:00 a.m. ET, according to Down Detector, which tracks internet
Continue Reading macamilarincon (CNN) –– Los esfuerzos de búsqueda de más de 40 personas de las que no se tiene noticia en un condado rural de Virginia continúan este jueves, después de que lluvias torrenciales dejaran inundaciones en el área y arrasaran casas desde sus cimientos, además de dañar carreteras y puentes en toda la región. ¿Atrapado
Continue Reading urielblanco (CNN Español) — Usuarios de Twitter reportaron la caída de la red social en varios países durante la mañana de este jueves, de acuerdo con la plataforma de seguimiento de fallas web Downdetector. En Estados Unidos, a las 7:41 a.m. ET, había apenas nueve reportes de problemas en Twitter; sin embargo, minutos después, a
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By Catherine E. Shoichet, CNN A new complaint alleges that a nurse sexually assaulted four women who sought medical attention at an ICE detention center in south Georgia. A nurse at the privately run Stewart Detention Center in Lumpkin, Georgia, according to the complaint, took advantage of his position to coerce the women “into giving
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Amarachi Orie, CNN A hidden self-portrait by Vincent van Gogh has been discovered behind one of his paintings, covered by layers of glue and cardboard for more than a century. The image was found when art conservators took an X-ray of Van Gogh’s 1885 “Head of a Peasant Woman” painting ahead of a forthcoming exhibition.
Continue Reading By The Associated Press Twitter appears to be returning for some users after experiencing an hourlong outage that affected both its app and website on Thursday. Individuals attempting to use the social media platform were met with a message saying “Tweets aren’t loading right now. Try again.” According to Downdetector, users began reporting the outage
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Using a friend or family member’s Netflix subscription is common. Often times a streaming service does not fit in the budget. Netflix wants to change that. Netflix wants to provide a more budget friendly subscription but there is one caveat: you’ll have to sit through adds. Wednesday, Netflix and Microsoft announced that they are teaming
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