The next Federal Reserve rate hike is projected to add up to $6.4 billion in extra credit card interest, according to a new study. WalletHub, a personal finance website, estimates that U.S. consumers could see between $4.87 billion and $6.4 billion in additional credit card interest. This does not count the other increases so far…
July Rate Hike to Add $6.4 Billion in Credit Card Interest As Most Disapprove of Fed: WalletHub
Tesla Sold 75 Percent of Bitcoin Holdings, Adding $936 Million to Balance Sheet
Tesla reported that it sold much of its Bitcoin investment after saying the cryptocurrency was one of a number of factors that impacted operating income in the second quarter of 2022. The electric car company told shareholders on Wednesday in its Q2 Quarterly Update (pdf) that it converted around 75 percent of its Bitcoin purchases…
WHO Reports 14,000 Cases of Monkeypox Globally, 5 Deaths in Africa
The World Health Organization (WHO) has confirmed 14,000 cases of monkeypox worldwide, with five deaths reported in Africa, Director General Tedros Adhanom Ghebreyesus said on Wednesday. Most of the cases reported thus far have been found in Europe, particularly among men who have sex with men, the WHO said, although all the deaths have occurred…
Tackling ‘Maths Aversion’ First Step to Getting Kids to Love Maths: Expert
July 20, 2022
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With maths standards declining in Australian schools for the past two decades, one expert believes the key to fixing this problem is dealing with something called “maths aversion.” Laura Tuohilampi of at UNSW’s School of Education and author of new book “Seriously Fun Maths”, has spent the past 17 years in Finland and Australia working…
Republicans, Hungarian Officials Unite Against Biden Admin’s Global Tax Deal
July 20, 2022
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Top members of the Republican House Ways and Means Committee met with Hungarian officials and subsequently signaled collective opposition against the Biden administration’s efforts to reach a deal on a global minimum tax of 15 percent on multinational companies. Republican Leader Rep. Kevin Brady (R-Texas), Trade Subcommittee Republican Leader Rep. Adrian Smith (R-Nebr.), and Select…
Review Committee Recommends Quebec Justice Gérard Dugré Be Removed From Office
A Canadian Judicial Council inquiry committee says a Quebec judge who displayed “aggressive and disagreeable” attitudes toward lawyers and failed to render decisions on time should be removed from office. The committee began looking into Justice Gérard Dugré, who was appointed to the Superior Court in 2009, after a number of complaints were filed about…
Who Is in and Who Is out in the Race to Replace BC Premier Horgan
British Columbia Attorney General David Eby is currently the only contender who has confirmed his intention to run as a candidate to become the next B.C. NDP leader and premier, after the incumbent John Horgan recently announced he will be stepping down due to health reasons. B.C. NDP President Aaron Sumexheltza announced in a statement last…
White House Responds After Biden Seems to Suggest Having Cancer
A White House official tried to clarify remarks from President Joe Biden on Wednesday where he appeared to say that he currently has cancer while commenting on a forthcoming round of climate-related executive actions. His comment was made during a speech about climate initiatives when he described emissions from oil refineries near his childhood Delaware…
NASA Aiming for Late August Test Flight of Giant Moon Rocket
CAPE CANAVERAL, Fla.—On the 53rd anniversary of the Apollo 11 lunar landing, NASA announced Wednesday it’s shooting for a late August launch of its giant, new moon rocket. NASA will attempt the more than month-long lunar test flight with three mannequins, but no astronauts, as early as Aug. 29. There are also two launch dates…
China Reports One Human Infection of Bubonic Plague in Northwestern Region of Ningxia
BEIJING—The northwestern Chinese region of Ningxia reported one human infection of plague, state television said late on Tuesday. The caseload of human plague infection, a highly infectious and severe disease, is low in China, with just one in 2021 and no deaths, down from four infections and three deaths in 2020, according to data from…
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