April 29, 2024

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5 things to know for August 25th: Trump, Maui, blackouts, mortgage rates, Russia

5 things to know for August 25th: Trump, Maui, blackouts, mortgage rates, Russia



CNN

Hundreds of Wells Fargo customers reported issues with the bank’s systems Thursday, with problems ranging from money transfers to low ATM cards. This is the second major technical issue affecting the bank this month after some customers noticed a few weeks ago that their direct deposits had disappeared from their accounts.

Here’s what else you need to know Get up to speed and get on with your day.

Donald Trump became the first former US president to be photographed when he was placed under arrest at the Fulton County Jail on Thursday. He was booked as Prisoner No. P01135809 after surrendering to more than a dozen charges stemming from his alleged efforts to overturn the results of the 2020 Georgia election. Sources told CNN that the former president wanted to appear defiant in the photo, and deliberately chose not to smile. After being released on $200,000 bail, Trump slammed the case as a “travesty of justice” and told reporters, “I did nothing wrong.” His surrender in Georgia marked the fourth time this year that the former president has turned himself in to local or federal officials after criminal charges were filed against him — unprecedented events in US history until 2023.

Officials in Maui County, Hawaii, have released a list of nearly 400 people who are still missing in the wake of devastating wildfires this month. A press release from the county Thursday said the FBI had compiled the “approved list.” “We’re shooting this names list “Today is because we know he will assist in the investigation,” Police Chief John Pelletier said in the statement. “We also know that once these names appear, they can cause pain to people whose loved ones are on the list,” he added. The list of 388 names represents a decrease from more than 1,000 people previously thought missing. But officials said that number may change as research continues. At least 115 people have already been confirmed dead, making it the deadliest wildfire disaster in the United States in more than 100 years.

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‘We basically had a fiery hurricane’: Hawaii governor speaks of inferno that left hundreds missing.

Nearly 700,000 homes and businesses lost power early today across Michigan and Ohio after a powerful round of thunderstorms and a major tornado. The “extremely dangerous” tornado was confirmed near Williamston, Michigan, Thursday evening around 9:30 p.m. local time, according to the National Weather Service. In addition to torrential rain falling up to 8 inches in some areas, the storms brought strong winds of up to 85 mph and hail up to 1.5 inches in diameter. Nearly 400,000 people were without power in southern Michigan, and nearly 300,000 were left in the dark in northern Ohio overnight, according to tracker tracking. PowerOutage.us. Crews are expected to survey the damage today as the storms move south.

Mortgage rates rose to 7.23% this week, their highest level since 2001. For comparison, the 30-year fixed rate a year ago was 5.55%. Mortgage rates have soared during the Fed’s historic campaign to rein in inflation, sending housing affordability down to its worst level since 1984. Because of the additional cost of mortgage financing and rising home prices, it is now more expensive to buy than to rent. Optimistic home seekers are also facing historically low inventory, which increases competition for real estate. According to an analysis by Moody’s Investors Service, home buying costs in the US will remain high at least through 2024.

Russian President Vladimir Putin made his first public statements, Thursday, about the plane crash that is believed to have killed the head of the Wagner company, Yevgeny Prigozhin, saying that he was “talented” but made “grave mistakes in life.” The accident occurred on Wednesday northwest of Moscow and killed everyone on board, according to Russian officials. There is no concrete evidence pointing to the Kremlin’s involvement, and an investigation is underway to determine the cause of the accident. However, Prigozhin is known to have recently joined a growing list of prominent Russians who have fallen from Putin’s grace and died under mysterious circumstances. Ukrainian President Volodymyr Zelensky said Kiev had nothing to do with the incident, adding, “But I think everyone understands who is involved.” Similarly, President Joe Biden has suggested that Putin may have been behind the incident.

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Russian President Vladimir Putin

Putin makes his first public remarks since the plane crash

It’s not the pumpkin you taste in a pumpkin spice latte
The pumpkin spice blend is actually a simple blend of cinnamon, ginger, nutmeg, allspice, and cloves. Check out these fall favorites that call for real pumpkin.

Selena Gomez, Miley Cyrus, and Ariana Grande all released new music on the same day
It was a big week for pop music. You’ll likely be hearing these songs on your summer playlists and radio soon.

The “forgotten” Winnie the Pooh drawing has been sitting in a drawer for years. Now that can run into the thousands
An original drawing of the Disney character, which has been sitting in a drawer for decades, could fetch nearly $40,000 at auction next month.

Comedian Kevin Hart ends up in a wheelchair after racing his friend
Trying to do “little things” has landed Kevin Hart temporarily in a wheelchair.

Dollar Tree may start locking items
A discount store known for $1 price points is seeing a rise in theft issues. The company said it may take strict measures to prevent burglaries.

What country succeeded in landing a spacecraft on the moon this week?
A- Italy
B. India
C- Russia
D- Canada
Take the weekly CNN news quiz To see if you are right!

7
This is the number of astronauts currently aboard the International Space Station. The SpaceX and NASA mission was scheduled to send four more astronauts to the orbiting laboratory today, but the launch was abruptly canceled for “additional analysis.”

“We don’t believe it amounts to a callable security flaw.”

– strongholdin response to complaints of “ear-piercing” noises emitted by the speakers on its F-150 trucks. The automaker said it must come up with a software fix to tackle annoying noises that sound like static, or glass shattering, that can’t be stopped. Ford said about 100 drivers have filed complaints, but the company is not yet planning to issue a full recall.

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Finally…

Homemade Rocket Festival in Thailand
watch this video Let’s see how homemade rockets help Thai society preserve its traditions.