Should homeowners tap equity to pay off costly debt? Weigh these pros and cons

Using home equity to pay off high-rate debt can be a sound financial strategy, but only under the right conditions. Sakchai Vongsasiripat/Getty Images Credit card debt has become increasingly difficult to manage over the last few years, and it’s causing major issues for borrowers in today’s economic landscape. Not only are credit card interest rates …

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Nick Bilton named executive producer of “60 Minutes”

Investigative journalist and filmmaker Nick Bilton has been named executive producer of “60 Minutes,” replacing Tanya Simon, who was promoted into the newsmagazine’s top role last year after more than three decades at CBS News. The change marks a major turning point for the nation’s top-rated news program, which just wrapped up its 58th season. …

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Claude Lemieux, 4-time Stanley Cup champion, dies at age 60

Claude Lemieux, a four-time Stanley Cup champion whose hockey career was built on playing on the edge with ferocity and physicality, has died. He was 60. The NHL Alumni Association announced Lemieux’s death in a post on social media. A cause of death was not immediately available, nor was it clear where Lemieux was when …

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U.S. Coast Guard can send divers to Bahamas to search for missing American woman Lynette Hooker, source says

The U.S. Coast Guard has been granted permission by the Bahamian government to send divers to canvass previously unsearched areas in the search for missing Michigan woman Lynette Hooker, a source briefed on the investigation confirmed to CBS News Thursday. The permission was granted to the U.S. Coast Guard Investigative Service, the source disclosed. Hooker, …

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Looking for a low mortgage interest rate? Pay attention to these 3 June dates

There are multiple dates on the June calendar on which mortgage interest rates could change again. Nora Carol Photography/Getty Images Whether you’re a homebuyer or an owner looking to refinance, you probably haven’t had much luck in the mortgage interest rate climate in recent weeks. After rates gradually but consistently declined in 2025the reverse has …

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Congressional Democrats argue in filing that White House ballroom construction shouldn’t proceed without Congress’ consent

Roughly 150 Democratic lawmakers filed a legal brief Thursday in the ongoing White House East Wing litigationasserting that construction cannot continue until the Trump administration obtains express consent from Congress. “The President cannot undertake any construction at the White House—much less demolish one of its wings—without clear authorization from Congress, as well as an appropriation …

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