April 24, 2024
Loans

Bamberg Disaster Loan Outreach Center aided 95 after tornado

BAMBERG — From its opening on March 27 through its closing on April 12, the Bamberg Disaster Loan Outreach Center (DLOC) served a total of 95 Bamberg County residents who were negatively impacted by January’s EF-2 tornado. Specifically, 39 home applications and 10 business applications have been submitted with 45 survivors seeking only information from

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Funds

After Congress finally does pass new funding, this is how the US can rush weapons to Ukraine

WASHINGTON (AP) — The Pentagon could get weapons moving to Ukraine within days once Congress passes a long-delayed aid bill. That’s because it has a network of storage sites in the U.S. and Europe that already hold the ammunition and air defense components that Kyiv desperately needs. Moving fast is critical, CIA Director Bill Burns

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Finance

Japan’s finance minister says ‘speculative’ moves in currency market impacting yen

The yen has been on a downtrend despite the BOJ’s decision on March 19 to end eight years of negative interest rates. Natanael Ginting | Istock | Getty Images Japanese Finance Minister Shunichi Suzuki said on Monday there were some speculative moves in the currency market that did not reflect economic fundamentals, repeating his warning against excessive yen declines. “We will watch currency market developments

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Loans

Intel awarded up to $8.5 billion from CHIPS Act, with loans available

The money will help “leading-edge semiconductors made in the United States” keep “America in the driver’s seat of innovation,” U.S. Secretary of Commerce Gina Raimondo said on a call with reporters. Intel and the White House said their agreement is nonbinding and preliminary and could change. Intel has long been a stalwart of the U.S.

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Mortgage

Mortgage rates may be a bellwether for 2024 presidential election

WASHINGTON (AP) — Lori Shelton can’t fathom ever having the money to buy a home — and that’s a major reason why so many voters feel down on the economy ahead of this year’s presidential election. Shelton, 67, drives an Uber to help pay rent in Aurora, Colorado. An advance on her pay covered her

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Funds

Koch network halts Nikki Haley funding after South Carolina loss

Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley reacts while speaking about her husband, Maj. Michael Haley, who is currently deployed with the South Carolina National Guard, during a campaign stop at the Clemson University at Greenville ONE building ahead of the Republican presidential primary election in Greenville, South Carolina,

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Property

New York AG says she’ll seize Donald Trump’s property if he can’t pay $454 million civil fraud debt

NEW YORK (AP) — Donald Trump could be at risk of losing some of his prized properties if he can’t pay his staggering New York civil fraud penalty. With interest, he owes the state nearly $454 million — and the amount is going up $87,502 each day until he pays. New York Attorney General Letitia

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Loans

Farmers, ranchers now can pay USDA farm loans online

WASHINGTON — The U.S. Department of Agriculture (USDA) stated that most farm loan borrowers will be able to make payments to their direct loans online through the Pay My Loan feature on farmers.gov in early February. Pay My Loan is part of a broader effort by USDA’s Farm Service Agency (FSA) to streamline its processes,

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Funds

Senate tests Israel, Ukraine bill support, vote on Super Bowl Sunday

U.S. Senate Majority Leader Chuck Schumer (D-NY) holds a press conference after the Senate passed a continuing resolution to avoid a shutdown of the federal government, in Washington, U.S., November 15, 2023.  Elizabeth Frantz | Reuters Senators on Sunday voted to move forward with a $95 billion aid package to fund Ukraine, Israel and Taiwan,

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Funds

Reid Hoffman pauses Haley funding after New Hampshire loss

Republican presidential candidate, former U.N. Ambassador Nikki Haley, speaks during a campaign event held at the Alpine Grove Event Center on January 18, 2024, in Hollis, New Hampshire. Joe Raedle | Getty Images Billionaire Reid Hoffman is not planning to give any more money to Nikki Haley‘s candidacy for president, according to a source familiar

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