Home » Business » Top Stories: SEC Busts $60 Million Marijuana Ponzi Scheme, 30-Year Mortgage Rate Jumps Above 7%

Top Stories: SEC Busts $60 Million Marijuana Ponzi Scheme, 30-Year Mortgage Rate Jumps Above 7%

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Up in smoke: $60 million marijuana startup co-owned by rapper was a Ponzi scheme, feds say

The SEC says the money raised for WeedGenics was spent on cars, homes, and adult entertainment — and to support rapper BigRigBaby’s career. Learn more

Buckle up: The 30-year mortgage rate is back above 7%. Here’s how many extra dollars homeowners will pay each month.

The 30-year fixed-rate mortgage climbed back above 7%, according to Mortgage News Daily. Higher rates add hundreds of dollars in monthly costs. Learn more

One of America’s Most Expensive Real Estate Markets Just Got More Expensive

“It’s a homeowners market,” said a New York broker. Learn more

“We grew up in a tumultuous house”: my sister blocked my number. Should I remove it from our $70 family phone plan?

“I think his behavior is egregious – blocking my number and expecting me to keep paying his bill.” Learn more

New home sales rise as buyers run out of options in the resale market

Sales of new homes at 683,000 annual rate in April against 656,000 the previous month. Learn more

Real estate investors are fleeing the South for the Midwest. Rent growth for the Sun Belt in 2023 is projected at 0%.

Investors See Profitability Drop in Sun Belt, Reports Say, Pushing Them to Midwest Markets Read More

Five popular small cars rated ‘poor’ for rear-seat safety in tougher new crash test

For rear passengers, even the safest small car isn’t as safe as it could be. New, tougher crash tests indicate a risk of injury in these popular compacts. Learn more

Strategies of a “Happy Investor” and How She Builds Generational Wealth

After graduating in a recession, struggling with student loans and earning just $40,000 a year, this mom decided to develop her investing skills and grow her wealth. Learn more

2023-05-24 14:54:19
#Rappers #60m #marijuana #startup #Ponzi #scheme #feds #30year #mortgage #rate #CNET #ApparelGeek

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