Browsed by
Category: Uncategorized

Fannie Mae, Freddie Mac ordered to consider crypto as an asset when buying mortgages

Fannie Mae, Freddie Mac ordered to consider crypto as an asset when buying mortgages

By ALEX VEIGA

The head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer’s cryptocurrency holdings in their criteria for buying mortgages from banks.

Related Articles

William Pulte, director of the Federal Housing Finance Agency, which oversees Fannie and Freddie, ordered the agencies Wednesday to prepare a proposal for consideration of crypto as an asset for reserves when they assess risks in single-family home loans.

Pulte also instructed the agencies that their mortgage risk assessments should not require cryptocurrency assets to be converted to U.S. dollars. And only crypto assets that “can be evidenced and stored on a U.S.-regulated centralized exchange subject to all applicable laws” are to be considered by the agencies in their proposal, Pulte wrote in a written order, effective immediately. read more

Asked on Reddit: Should I repair or replace my broken appliance?

Asked on Reddit: Should I repair or replace my broken appliance?

Recently, a Reddit user asked: How do you decide whether to repair or replace a broken appliance?

Related Articles

The user’s decade-old induction range wasn’t working properly, but replacing it would be expensive. Still, they liked the range and it fit perfectly in their home, so they were hesitant to buy a new one.

Reddit users suggested finding the repair manual, researching a DIY solution and seeking out a factory-authorized repair person.

Here’s what home and appliance experts recommend if you find yourself in a similar situation:

1. Try a low-cost fix

Sometimes the owner’s manual contains troubleshooting tips that lead to a quicker-than-expected fix, says Keith Flamer, home and appliances writer at Consumer Reports. read more

Kroger announces closure of 60 stores across U.S.

Kroger announces closure of 60 stores across U.S.

Grocery giant Kroger revealed during its first-quarter earnings call this month that it will shut down about 60 underperforming stores over the next 18 months. At the same time, the company intends to open new locations throughout this year and the next.

“We’re simplifying our business and reviewing areas that will not be meaningful to our future growth. Unfortunately, today, not all of our stores are delivering the sustainable results we need,” said Kroger Chairman and Interim CEO Ronald Sargent in the June 20 earnings call.

“We don’t take these decisions lightly, but this will make the company more efficient, and Kroger will offer roles in other stores to all associates currently employed at affected stores.”

The specific stores targeted for closure have not been officially confirmed.

Kroger is the parent company to King Soopers and City Market. King Soopers has 120 grocery stores in 37 cities in the state, while City Market has 32 grocery stores in 27 cities, according to their websites. read more

Universal: Dolls house joins Halloween Horror Nights lineup

Universal: Dolls house joins Halloween Horror Nights lineup

Universal Orlando has announced another original haunted house concept for the 2025 edition of Halloween Horror Nights. It’s called Dolls: Let’s Play Dead.

“You’re about to become doll-sized and be hunted by toys that have been burnt, melded and stitched together by a twisted little girl,” reads the entire description of the maze, which was posted on social media outlets on Wednesday morning.

This is the fifth HHN house identified for the event, an intense after-hours/extra ticket fright fest held on select nights between Aug. 29 and Nov. 2 at Universal Studios Florida theme park. That puts fans at the halfway point of the house reveals. Universal says there will be 10 mazes plus scare zones and on-stage entertainment.

It’s also the third original house announced. In recent days Universal also posted information about mazes named Hatchet and Chains: Demon Bounty Hunters as well as El Artista: A Spanish Haunting. Before that, houses tied to “Fallout,” a Prime series and videogame, and Jason Universe, based on “Friday the 13th” characters, were revealed. read more

How ChatGPT and other AI tools are changing the teaching profession

How ChatGPT and other AI tools are changing the teaching profession

By JOCELYN GECKER, AP Education Writer

For her 6th grade honors class, math teacher Ana Sepúlveda wanted to make geometry fun. She figured her students “who live and breathe soccer” would be interested to learn how mathematical concepts apply to the sport. She asked ChatGPT for help.

Within seconds, the chatbot delivered a five-page lesson plan, even offering a theme: “Geometry is everywhere in soccer — on the field, in the ball, and even in the design of stadiums!”

It explained the place of shapes and angles on a soccer field. It suggested classroom conversation starters: Why are those shapes important to the game? It proposed a project for students to design their own soccer field or stadium using rulers and protractors.

“Using AI has been a game changer for me,” said Sepúlveda, who teaches at a dual language school in Dallas and has ChatGPT translate everything into Spanish. “It’s helping me with lesson planning, communicating with parents and increasing student engagement.” read more