Local News
What to know about overdraft fees as the White House cracks down on them
SUMMARY: The Consumer Financial Protection Bureau has proposed new rules to lower overdraft fees. President Joe Biden has criticized these fees as “exploitative.” The average overdraft fee is currently over $26, and banks have been increasing these fees since the early 2000s, resulting in billions of dollars of revenue. The fees especially affect cash-strapped consumers, with 70% of overdrafts charged to customers who have average account balances between $237 and $439. Ways to avoid overdraft fees include finding an account without these fees, opting out of overdraft coverage, setting up alerts for low balances, and linking savings accounts to checking accounts. Banks may also waive or reverse overdraft fees for customers.
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Local News
Hard Rock Hotel & Casino Biloxi Honors Veterans with Wreath-Laying Ceremony and Holiday Giving Initiative
SUMMARY: On December 18, 2024, Hard Rock Hotel & Casino Biloxi team members laid over 17,000 wreaths at Biloxi’s National Cemetery, honoring veterans in an annual tradition that reflects their deep military connections. Over twelve years, this event has become a powerful tribute to those who served, highlighting the community’s commitment to remembrance during the holiday season. Regional Vice President Todd Raziano emphasized the importance of honoring military sacrifices, resonating with many employees who have personal ties to the armed forces. Additionally, the team adopted ten children from CASA of Harrison County, providing gifts from their wish lists, further showcasing their community spirit.
The post Hard Rock Hotel & Casino Biloxi Honors Veterans with Wreath-Laying Ceremony and Holiday Giving Initiative appeared first on www.wxxv25.com
Local News
MDOT suspends work, urges safe driving for holiday travel
SUMMARY: AAA forecasts a record 119.3 million Americans will travel this holiday season. To ease traffic, the Mississippi Department of Transportation (MDOT) will halt non-emergency lane closures from Dec. 24 to Jan. 2, though some closures will remain for safety. MDOT encourages drivers to plan ahead, use extra caution in work zones, secure loads, and watch for wildlife. Key safety tips include buckling up, avoiding distractions, and not driving impaired. MDOT urges everyone to drive responsibly to ensure a safe holiday season. For more tips, visit GoMDOT.com/drivesmartms.
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Local News
Man accused in UnitedHealthcare CEO killing faces federal charge that’s eligible for death penalty
SUMMARY: Luigi Mangione, accused of killing UnitedHealthcare’s CEO Brian Thompson on December 4, faces federal charges of stalking, murder by firearm, and a firearms offense, which could result in the death penalty. Arrested in Pennsylvania, Mangione was extradited to New York, where he appeared in federal court. He had ambushed Thompson at a Manhattan hotel, then fled, eventually being caught in Pennsylvania with the murder weapon, fake IDs, and a notebook expressing hostility toward the health insurance industry. Mangione had posted on social media about his resentment towards insurance companies. His state charges could lead to life in prison.
The post Man accused in UnitedHealthcare CEO killing faces federal charge that’s eligible for death penalty appeared first on www.wxxv25.com
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