Many Americans ended the holidays with new debt, with 36% taking on an average of $1,181 in holiday debt, up from previous years but still lower than in 2022, according to LendingTree. Financial challenges persist due to inflation, with parents of young children, millennials, and those earning $30,000 to $49,999 most likely to go into debt. To tackle debt, negotiating interest rates, choosing a pay-down strategy, increasing savings, and celebrating small wins are recommended, according to experts.
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Apple referred for possible criminal contempt investigation
A US district judge has determined that Apple willfully violated an injunction intended to prevent anticompetitive practices following a case initiated by Epic Games, with a senior Apple executive found to have lied under oath. Judge Yvonne Gonzalez Rogers is referring the matter for potential criminal contempt proceedings, as internal documents revealed Apple’s deliberate noncompliance, including imposing a 27% commission on off-app purchases. Epic Games' CEO Tim Sweeney announced plans to return Fortnite to the...
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