Mortgage rates fell to their lowest levels since March because job growth has been surprisingly weak this summer. The 30-year fixed-rate mortgage averaged 6.7% in the week ending Aug. 7, down from 6.87% the previous week. It’s the lowest average rate since the week ending March 13, when it was 6.62%. A lousy jobs report
A Harper Woods man has been charged in connection with allegedly fraudulently obtaining more than $60,000 in COVID-19 relief funds, Michigan Attorney General Dana Nessel’s office said. Roy Lee Holt, 57, was arraigned last week through 32A District Court on two counts of false pretenses of $20,000 to $50,000, each a 15-year felony; false pretenses
A banner hangs at the head office of MBK Partners in Seoul, criticizing the private equity fund’s investment in Home Plus. Unionists of the discount chain made it. Photo by Tae-gyu Kim/UPI July 23 (UPI) — South Korea plans to strengthen regulations on private equity funds after the controversial investment by MBK Partners in troubled
Critics say “payday lenders” have been preying on the poor by charging annualized percentage rates of 260 percent for the small-dollar, short-term loans, rather than remaining under a cap of 36 percent that applies to other lenders. Supporters contend that the storefronts provide a valuable service to those short of cash, charging 10 percent transaction
Those working to end the HIV epidemic say this cut in funding will have a ‘devastating impact.’ Protesters against planned National Institutes of Health funding cuts The Trump administration’s push to slash funding at the National Institutes of Health has been temporarily blocked by a federal judge. About $42 million of the terminated grants were
Millions of student loan borrowers could face a wake-up call Monday as the Department of Education resumes collecting on school loans. The restart of collections comes as data from a recent analysis shows delinquency rates are at an all-time high. After nearly five-years since the U.S. government first paused federal student loan payments and interest
Here’s some common court terms that’s good to know Here’s a list of some of the most used legal jargon and their definitions. A former Howell man who admitted to bilking the government out of $3.75 million in funds set up to aid small businesses struggling during the COVID-19 pandemic has been sentenced to 16
In a reversal from statements a day prior, the Wisconsin Department of Health Services now says it will release COVID relief funds that President Donald Trump’s administration sought to cancel, in the wake of a federal judge’s order temporarily restoring the funds. Late last month, the U.S. Department of Health and Human Services canceled around
Donald Trump to withdraw US from World Health Organization President Donald Trump has announced that the US is withdrawing from the World Health Organization (WHO), citing its handling of COVID-19, alleged political bias, and failure to reform. unbranded – Newsworthy The Wisconsin Department of Health Services is holding off on reinstating more than $200 million
“These are not just numbers on a spreadsheet; they represent critical services and supports that directly benefit our most vulnerable students.” Subscribe to Clarion Ledger: Local journalists covering local stories Clarion Ledger journalists cover the important moments in Mississippi. Support local journalism by subscribing. Staff The U.S. Department of Education announced an immediate end to