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SBP caps bank charges on digital sales of petroleum products to minimise burden on fuel stations – Business

ISLAMABAD: Following demands from petroleum dealers, the State Bank of Pakistan (SBP) has capped bank charges on sales of petroleum products through digital payment methods — including debit and credit cards and online transfers — to minimise the financial burden on fuel stations and promote digital inclusion. Under the decision, merchant discount rates (MDR) for…

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JPMorgan Chase to invest $750 billion in increasing the U.S. housing supply and homeownership

JPMorgan Chase said on Monday it will invest $750 billion through 2035 to boost the U.S. housing supply, including financing for 1 million affordable housing units and assisting 500,000 people in buying homes.  The investment is part of JPMorgan Chase’s American Dream Initiative, announced in March to boost economic mobility at a time when many…

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ICE detentions set Trump-era high in July, as immigration crackdown widens

Detentions by Immigration and Customs Enforcement set a monthly record high for the second Trump administration in July, internal agency data obtained by CBS News shows, as ICE widened its crackdown, making arrests at airports, immigration check-in offices and communities across the U.S. Last month, ICE took into custody more than 46,000 individuals facing deportation…

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Democrats in Congress demand training, vetting information on ICE agent who killed immigrant in Maine

The top Democrats on two congressional panels are demanding details and records about the training and vetting of an Immigration and Customs Enforcement officer who shot and killed a Colombian immigrant in Maine earlier in July, according to a letter obtained by CBS News. California Rep. Robert Garcia and Connecticut Sen. Richard Blumenthal posed a…

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2 firefighters die in Greece as crews in France fight massive blaze 4 times the size of Paris

Two firefighters died Wednesday while battling a blaze on the Greek island of Crete, officials said, while crews in southern France worked to extinguish a massive, uncontained wildfire that had spread to roughly four times the size of Paris. Across Europe, firefighters confronted a dangerous combination of high temperatures, drought and powerful winds, compromising containment…

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