Today's mortgage best deal? Rates for 10- and 15-year terms at 5.625 percent | June 2, 2023
Check out mortgage rates for June 2, 2023, which are mixed from yesterday.
Money stored in Venmo, other payment apps could be vulnerable, watchdog warns
Customers of Venmo, PayPal and CashApp should not store their money with those apps for the long term, according to the Consumer Financial Protection Bureau. Here's why.
Debt ceiling: Senate gives final approval to deal, sending it to Biden
Fending off a U.S. default, the Senate has given final approval to a debt ceiling and budget cuts package.
Debt ceiling: House OKs bill to avoid default, sends Biden-McCarthy deal to Senate
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis.
House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate
Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a bipartisan coalition of centrist Democrats and Republicans against fierce conservative blowback and progressive dissent.
Debt ceiling: Bill on its way to House floor after clearing key hurdle
Under fire from conservatives, House Speaker Kevin McCarthy is hunting for votes from fellow Republicans for the debt ceiling deal.
These billionaires are worth more than the US Treasury has in cash, report says
The cash balance at the U.S. Treasury is lower than the net worth of some of the world's richest people, according to the Bloomberg Billionaire Index.
Fight over national debt limit moves to Congress, as deadline looms
President Biden and House Speaker Kevin McCarthy are expressing optimism that their debt limit compromise deal, will be able to pass the House and Senate by the deadline June 5th.
State Farm not insuring new homes and businesses in California
State Farm General Insurance Company is no longer accepting new applications for homeowners insurance policies in California, citing rising construction costs and growing risk of catastrophic wildfires.
Debt ceiling deal: Here's what's in, what's out of the bill to avert US default
Details of the deal between President Joe Biden and House Speaker Kevin McCarthy are out. But the two leaders still have to persuade Congress to pass the bill.
Biden, McCarthy reach final deal in debt ceiling talks, look to sell Congress
The Democratic president and Republican speaker spoke with each other Sunday evening as negotiators rushed to draft the bill text so lawmakers can review compromises that neither the hard-right or left flank is likely to support.
Source: Debt ceiling 'agreement in principle' has been reached
President Joe Biden and House Speaker Kevin McCarthy reached an “agreement in principle" late Saturday as they raced to strike a deal that to limit federal spending and resolve the looming debt crisis ahead of a June 5 deadline,
State Farm ceasing new applications in California for property insurance, other policies
The State Farm General Insurance Company will no longer accept new applications for property insurance and other policies in California, citing "historic" increases in construction costs and inflation, the company said Friday.
San Francisco’s Market Street Old Navy to close, company says
The iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.
Southern accents could cost job seekers a 20% wage penalty, study finds
Another recent study says job applicants with Southern accents are the fourth most likely to change how they talk.
Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid
The US could default on its debt obligations by June 5 if lawmakers don't act in time.
New college graduates worried about job prospects with shaky market
Companies in a national survey say they still expect to hire about 4% more college graduates in 2023 compared to 2022, but they are less optimistic about the pace of hiring than they were late last year.
San Jose officials try to save neglected historic church while owner on house arrest
The city of San Jose is preparing to fine a developer a $1,000 a day for neglecting a historic downtown church. If the church is not sold to someone else soon, city officials said they may take ownership.
10 lighthouses being given away, sold at auction by US government
Ten lighthouses that for generations have stood like sentinels along America’s shorelines protecting mariners from peril and guiding them to safety are being given away at no cost or sold at auction by the federal government.
Supreme Court rules in favor of 94-year-old woman who got nothing when Hennepin County took her condo
A unanimous Supreme Court on Thursday gave a 94-year-old Minneapolis woman a new chance to recoup some money after the county kept the entire $40,000 when it sold her condominium over a small unpaid tax bill.