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Instablog9ja
How I Slept Off And Missed My Own Bachelor’s Eve — Newly Married Reality TV Star, Leo Dasilva.
~0.4 mins read

Reality TV star, Leo Da Silva, says he slept off on his Bachelor’s eve which he planned himself last week.

In a post shared on his X handle this morning, June 12, Leo wrote;

‘’I can’t believe I organized Bachelors eve for myself and my boys, I picked time and location.

Then I slept off. They tried waking me up but I would not get up.

Everyone went there to enjoy  except me, the organizer.

Is this old age?”

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Investopedia
Biden Administration Proposes Wiping Medical Debt From Credit Records
~1.8 mins read

If you have medical debt on your credit report, pretty soon, you won’t, under a new rule proposed by President Joe Biden’s administration.

The Consumer Financial Protection Bureau (CFPB) put forward a rule Tuesday barring any medical debt from appearing on credit reports, a move that would affect some 15 million people, according to the bureau. The rule, if finalized despite opposition from debt collectors, would go into effect early next year, bureau officials said on a conference call with reporters.The rule, first announced last September, would wipe away old medical debt from the reports and ban the reporting of new debt, raising credit scores and making it easier for people to access mortgages, business loans, and other credit. The three major credit bureaus already have voluntarily taken medical debts under $500 from credit reports, so the new rule would affect the remaining, larger balances.“Usually, medical debt is the result of a medical emergency, an unplanned, unexpected expense, often of tens to hundreds of thousands of dollars,” Vice President Kamala Harris said on a conference call with reporters. “No one should be denied access to economic opportunity simply because they experience a medical emergency.”

Harris referred to previous bureau research showing that much medical debt on credit reports is erroneous—often the result of failures to navigate the confusing system of insurance and reimbursement of medical bills—and that it does a worse job than other kinds of debt at informing lenders about who will and won’t pay back their loans.People affected by the change will have their credit scores increase by an average of 20 points, the bureau said, resulting in 22,000 additional mortgages being approved each year, the bureau said.On top of banning medical debt, the rule would ban collectors from repossessing wheelchairs and prosthetic limbs used as collateral.ACA International, a trade group representing debt collectors, opposes the rule change, saying it would hurt the ability of doctors and other health-care providers to be paid for the services they provide. 

“It is unfortunate that the CFPB and the White House are not considering the hosts of consequences that will result if medical providers are singled out in their billing compared to other professions or industries,” the ACA said in a statement last September after announcement of the CFPB medical-debt removal proposal.

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Investopedia
US Imports Expected To Hit Two-Year High In Good Sign For Consumer Spending
~1.9 mins read

Monthly cargo imports are expected to hit their highest levels in two years, showing that supply chains appear strong as retailers prepare to boost sales.

The Global Port Tracker, a supply chain measurement from the National Retail Federation (NRF) and Hackett Associates, showed that port cargo volume in the U.S. was more than 13% higher in April than in the year-earlier month. In May, volume is estimated to have risen 8% from a year ago to its highest monthly total since August 2022

Moreover, cargo volumes are expected to continue to grow throughout the summer, with June’s totals expected to be higher by 15% year-over-year. 

“The high level of imports expected over the next several months is an encouraging sign that retailers are confident in strong sales throughout the remainder of the year,” said Jonathan Gold, NRF vice president for supply chain and customs policy. 

There have been some fears that supply chains could be tightening due to outside factors, with economists at Wells Fargo noting that worries over the collapse of the Francis Scott Key Bridge in Baltimore have elevated these concerns, along with attacks on shipping in the Red Sea.

One reason the shipments keep coming is that retailers anticipate continued strong sales, with the NRF forecasting growth of between 2.5% and 3.5% in 2024.

Another is the “peak season” for shopping is getting stretched out, as consumer spending trends are forcing retailers to keep more items in stock, said Hackett Associates Founder Ben Hackett.

“Reasons range from retailers restocking following strong sales after the pandemic to trying to get ahead of increased tariffs on goods from China set to take effect in August and ensuring sufficient inventories for the holiday season amid strong consumer demand,” Hackett said. 

This could be a good sign for the broader economy as consumer spending has seemingly lagged as of late. Shoppers have buoyed the economy during the recovery from the pandemic-related economic slowdown in 2020 but recent data showed the trend could be reversing. Retailers stocking up could be a sign that retailers do not foresee a sustained slowdown in consumer spending, and in turn, the broader economy.

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Investopedia
Starbucks Joins 'Value Meal' Trend With Lower-Priced Offers
~1.1 mins read

Starbucks (SBUX) has become the latest chain to join the "value meal" trend with the launch of lower-priced offers in an effort to bring in consumers feeling the pressure of inflation.

The coffee chain announced a “Pairings Menu,” which allows customers to order a drink and food item for a lower joint price than the selections might cost if purchased separately. For example, options include a coffee or tea with a buttered croissant starting at $5, or a beverage with a breakfast sandwich starting at $6. Adjustments or additions to the menu could cost extra.

The Pairings Menu rollout comes after Starbucks reported quarterly earnings and revenue that fell short of estimates, and same-store sales declined. Starbucks CEO Laxman Narasimhan said that “many customers have been more exacting about where and how they choose to spend their money” because of current economic conditions. 

McDonald's (MCD), Restaurant Brands International’s (QSR) Burger King, and Wendy’s (WEN) also recently announced value menu items as inflation has led many consumers to pull back on spending.

Shares of Starbucks were 2% lower at $79.92 as of 3:15 p.m. ET Tuesday, and have lost close to 17% since the start of the year.

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Instablog9ja
Lawyer Reveals A Foolproof Way To Know If A Man Is Pøør.
~0.3 mins read

A lady lawyer has revealed that there is a way a man will go over the top in expressing his affection for a woman, that should make her suspect that he is broke.

According to her, an excessive display of affection by a towards a woman is an indication that he might be financially poor.

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Real_Riah

~0.3 mins read
Your mind may try to talk you out of it, but if you’ll listen with your heart, it will resonate on the inside of you. Don’t let discouragement hold you back or keep you down. It’s time for you to arise. It’s time for you to shine. Let that sink down into your spirit today because it’s time for you to receive every spiritual blessing and move forward in the destiny He has prepared for you!
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