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FCC postpones long-awaited guidelines decreasing ‘outrageous’ jail and jail telephone charges, leaves households paying extra

Costly calls drive households to decide on between paying payments and staying related to family members. For a few years, households of incarcerated individuals have sacrificed fundamental requirements to cowl the escalating value of jail calls.  These burdens have been…

People would save $100B if bank card charges had been capped as Trump proposed, researchers say

KEY TAKEAWAYS:  A ten% cap on bank card curiosity may save People $100 billion per 12 months  Banks may stay worthwhile by adjusting rewards applications and counting on interchange charges  Vanderbilt College analysis supplies tutorial help for Trump’s proposed cap…

January residence gross sales fall as excessive mortgage charges, costs freeze out can be consumers New Orleans CityBusiness

Hearken to this text Gross sales of beforehand occupied U.S. houses fell in January as rising mortgage charges and costs postpone many would-be homebuyers regardless of a wider number of properties in the marketplace. Gross sales fell 4.9% final month…

Economists’ 2025 housing market forecasts largely name for mortgage charges to remain above 6% subsequent yr

Take heed to this text Residence customers hoping for extra engaging mortgage charges subsequent yr could also be upset. That’s the takeaway from a number of economists’ 2025 housing forecasts, most launched over the previous couple of weeks. A lot…

As rates of interest drop, advisers debate the place to stash money

Take heed to this text Does holding money nonetheless make sense amid this new financial setting? Nervous customers have lengthy relied on money throughout tumultuous occasions. Nonetheless, a current Cardrates survey reveals 70% of Individuals assume the U.S. is turning…