“Buy now, pay later” loans were originally promoted as a way to help consumers afford small purchases, such as electronics and clothing. Now, financial firms are also pushing the loans as a means for people to cover essential expenses, such as rent, groceries, electricity bills and even medical costs. Consumer advocates warn that using BNPL…
The Emmy Award-winning “CBS News Sunday Morning” is broadcast on CBS Sundays beginning at 9:00 a.m. ET. “Sunday Morning” also streams on the CBS News app beginning at 11:00 a.m. ET. (Download it here.) “Sunday Morning” presents a rebroadcast of its annual edition touching on all aspects of design, hosted by Jane Pauley. Jane Pauley at Ardrossan…
Washington — Federal Reserve Governor Lisa Cook defended herself against allegations from the Trump administration that she made misrepresentations on mortgage documents, arguing in a new letter that she has “never committed mortgage fraud.” In the letter to the White House dated Wednesday, Abbe Lowell, Cook’s lawyer, said that attempting to fire Cook on the…
A man accused of arranging the fatal shooting of a Microsoft design manager on a Florida road was convicted Wednesday in a murder-for-hire scheme fueled by a stormy child custody arrangement between the victim and his wealthy ex-wife. Jared Bridegan was shot four years ago after he got out of his SUV to remove a…
Redfin and Zillow must amend a commercial agreement the real estate firms struck last year because it weakened competition in the home rental market and harmed consumers, federal regulators said on Monday. The settlement, announced Monday by the Federal Trade Commission, resolves an antitrust lawsuit the agency filed last year. The FTC alleged that Zillow paid…
The fatal shooting of a Microsoft design manager on a dark Florida road was a “targeted ambush” hatched by his ex-wife and her husband, following years of post-marriage strife over religion and how to raise twin children, a prosecutor told jurors Monday. Jared Bridegan, 33, was killed in Jacksonville Beach in 2022 when he got…
A French family was rescued after their jet ski capsized off the coast of Thailand’s Koh Samui, leaving them stranded for over 16 hours. The father, 50, and his two sons, 5 and 7, rented the jet ski from a local operator on Koh Samui, a Thai resort island, around 5 p.m. local time Thursday….
Sky-high rental costs across the U.S. are swallowing up a large share of Americans’ paychecks in cities, as a stubborn supply shortage keeps prices elevated. According to Zillow, the median rent for a two-bedroom home in New York City, the country’s priciest metro area, runs $4,750 a month — or $57,000 a year. That’s more…
On Jan. 27, 1996, C.C. Opanowski was home alone from college in Hudson Falls, New York, house-sitting for her mother when her ex-boyfriend, Shawn Doyle, knocked on the door. Opanowski had grown up with Doyle and dated him in high school and into her freshman year of college. Once inside, Opanowski says Doyle became violent….
More companies are moving away from broad “peanut butter”-style pay raises for workers in favor of merit-based and other kinds of compensation sweeteners for top employees, according to new insights from Payscale. The trend toward rewarding strong individual performers within a business marks a shift away from companies spreading pay hikes evenly across their workforces. Just…
