Pet insurance helps pet owners manage the high costs of veterinary care by reducing financial pressure. This insurance makes advanced treatments more affordable and helps owners spend more on ongoing pet care like preventive services and better food.
Key Facts
Veterinary care costs have increased, including specialty treatments and medications.
Advanced veterinary services like surgeries and cancer therapies are now common but expensive.
Pet insurance covers part of medical bills after deductibles and reimbursements.
Insurance helps owners afford advanced treatments that might otherwise be too costly.
It protects pet budgets from large unexpected expenses, allowing continued spending on preventive care.
Owners can choose better quality care instead of defaulting to the cheapest option when insured.
Pet insurance is not free care; owners still pay some costs but with less financial strain.
Having insurance can improve a pet’s overall health by supporting ongoing wellness spending.
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A $35,000 certificate of deposit (CD) account can earn between about $340 and nearly $3,000 in interest depending on the term chosen, with fixed rates currently much higher than traditional savings accounts. Money market accounts offer slightly lower but variable interest rates and more flexibility accessing funds.
Key Facts
CDs have fixed interest rates that vary by term length and lender.
A 3-month CD at 3.95% earns about $341 in interest on $35,000.
A 2-year CD at 4.16% earns nearly $3,000 on $35,000.
Interest is guaranteed if the CD is held until maturity; early withdrawal may cause a penalty.
Traditional savings accounts currently pay an average of 0.38%, much lower than CDs.
Money market accounts have variable rates around 3.90% now and allow easier access to funds.
Money market rates could rise or fall, while CD rates remain fixed for the term.
CDs are insured by the FDIC up to $250,000, offering protection for deposits.
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Larry Warsh, an art collector and co-editor of a new book on Keith Haring, highlights the artist’s 3D works featured in an upcoming Crystal Bridges Museum exhibition. The show, running from June 2026 to January 2027, presents Haring’s sculptures, masks, clothing, and other objects to showcase his impact beyond flat paintings and subway art.
Key Facts
Larry Warsh is a longtime art collector and co-editor of the book "Keith Haring in 3D."
The Crystal Bridges Museum in Bentonville, Arkansas will hold the exhibition from June 6, 2026, to January 25, 2027.
This is the first major show focusing on Keith Haring’s three-dimensional art.
The exhibition includes sculptures, totems, masks, painted objects, clothing, boomboxes, and a 1963 Buick Special.
Warsh was part of the 1980s New York downtown art scene alongside Haring, Basquiat, and others.
Warsh emphasizes Haring’s skill in making art that connects with people socially and physically.
The show highlights how Haring brought his graphic style into everyday objects and public spaces.
Warsh compares Haring’s approach to art and commerce to artists like Andy Warhol and Salvador Dalí.
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Fox Corporation has agreed to buy streaming company Roku in a deal worth about $22 billion, combining cash and stock payments. The companies say Roku will keep operating as a platform open to partners, and the merger will create the third-largest U.S. TV viewing company.
Key Facts
Fox will pay $96 in cash and nearly one share of Fox stock for each Roku share.
The deal values Roku at about $160 per share and totals roughly $22 billion including debt.
After the deal, Fox shareholders will own about 73% of the new company, and Roku shareholders will own about 27%.
The merger is expected to finish in the first half of next year, pending shareholder and regulatory approvals.
Roku will keep running as an open platform, with Roku CEO Anthony Wood staying on and joining the Fox board.
Fox gains access to Roku’s streaming platform, which reaches over 100 million households worldwide.
The combined company will be the third-largest U.S. television player by viewing share.
Fox currently operates a large network of sports, news, and entertainment channels, and owns Tubi, a streaming service it bought in 2020.
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Electricity costs in the U.S. are expected to reach record levels this summer due to higher prices and hotter weather. A new report estimates that the average American household will spend about $800 on electricity from June to September, which is more than 10% higher than last year.
Key Facts
Americans will spend nearly $800 on electricity this summer, up 10.5% from last year.
Rising electricity prices are linked to increased energy demand and investments in upgrading the power grid.
The cost increase is partly due to the need for more energy to cool homes during hotter summers.
From 2019 to 2024, the average monthly electric bill rose by about 23%.
Arizona is expected to have the highest summer electricity costs at around $1,060 per household, up nearly 14% from last year.
Connecticut follows with an estimated $944 per household, up about 11%.
Washington and North Dakota are projected to have the lowest summer electricity costs at $488.
One in six U.S. households is behind on utility payments, and many Americans feel financially worse off than a year ago due to inflation and rising costs.
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The 2026 World Cup in the United States is expected to boost the U.S. economy by about $9.6 billion, which is nearly double the economic impact of Taylor Swift's Eras Tour. While the World Cup brings many international visitors, Taylor Swift's tour mostly attracted local fans, limiting its nationwide economic impact.
Key Facts
The World Cup is estimated to add $9.6 billion to the U.S. economy.
Globally, the World Cup is expected to increase GDP by $21.1 billion.
Taylor Swift's Eras Tour boosted U.S. GDP by about $4.9 billion.
The World Cup attracts visitors from many countries, including Europe.
Many World Cup visitors stay longer and spend more on hotels, food, and travel.
Taylor Swift’s concerts mostly drew fans living within 200 miles of the show locations.
Taylor Swift sold over $2 billion in tickets, breaking previous concert sale records.
FIFA and President Donald Trump praised the ticket sales for the World Cup, but many matches are not sold out.
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Fox Corp. will buy Roku, a streaming service company, in a deal worth about $22 billion. The combined company aims to become the third-largest TV viewer platform in the U.S., with no immediate changes expected for Roku users.
Key Facts
Fox Corp. agreed to buy Roku in a cash-and-stock deal valued at around $22 billion, including debt.
Roku will continue as an open platform that works with many partners.
The merger will create the third-largest U.S. TV viewing platform by audience share.
Fox will gain access to over 100 million global households and Roku’s streaming channel and data.
Fox already owns sports, news, entertainment networks, and the streaming service Tubi.
Roku’s CEO and founder, Anthony Wood, will stay with the company and join Fox’s board.
Fox shareholders will own about 73% of the new company; Roku shareholders will own about 27%.
The deal needs shareholder and regulatory approval and should close in the first half of next year.
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The Crystal Bridges Museum of American Art in Bentonville, Arkansas, has expanded its campus by 50 percent with new galleries, studios, and public spaces. The expansion aims to provide visitors with more ways to experience American art, connect with nature, and support artists through new exhibitions and programs.
Key Facts
Crystal Bridges added 114,000 square feet to its campus, increasing its size by half.
The expansion includes new galleries, studios, gathering areas, and an elevated café.
The museum’s goal is to offer more access and diverse stories in American art.
The first major exhibit in the new space features Keith Haring’s 3D artwork.
The museum emphasizes a smooth visitor experience linking art with the natural Ozark landscape.
New designs by Safdie Architects strengthen connections between indoor galleries and outdoor trails and ponds.
Crystal Bridges supports artists through residencies and ongoing creative programs.
The expansion encourages visitors to find personal connections and deeper understanding of art.
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The number of U.S. cities where the cheapest homes cost $1 million or more has grown to 242, tripling since 2020. High home prices are mostly found in California and the Northeast, driven by housing shortages and strong demand during the pandemic.
Key Facts
A "starter home" is defined as a home in the lowest third of home values in a region.
242 U.S. cities now have starter homes costing at least $1 million.
This number has tripled since 2020.
The median U.S. home price is about $418,000.
The typical starter home costs just under $199,000 nationally.
Buyers need an annual income of about $117,000 to afford the average home.
California has 105 cities with million-dollar starter homes, the most of any state.
26 states now have at least one city with starter homes costing $1 million or more, up from 9 states before the pandemic.
The Northeast has more expensive homes due to ongoing housing shortages, while some Sun Belt areas have built more homes, easing price growth.
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A debt collector can freeze a bank account if they have a court judgment, but sometimes the wrong account is frozen by mistake. This can block access to your money, but you can usually fix the problem by acting quickly, showing proof, and contacting the bank, debt collector, or court.
Key Facts
Debt collectors need a court order to freeze (levy) a bank account.
Errors can happen when accounts have similar names or outdated information.
Banks usually freeze the account right away and verify later, which can block access to the money temporarily.
The account owner must prove the freeze is a mistake to get it reversed.
Protected funds like Social Security, veterans benefits, or SSI are usually safe but can be reviewed again during a freeze.
The dispute process involves contacting the bank, debt collector, and possibly the court.
Providing documents like ID and account records helps resolve the issue faster.
In some cases, the wrong freeze might lead to reimbursement for affected account holders.
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Oil prices dropped to their lowest level since March after the United States and Iran announced a deal to reopen the Strait of Hormuz, a key oil shipping route. This news also boosted U.S. stock markets as it signals a possible end to conflict in the region that had disrupted oil supplies.
Key Facts
Oil prices fell by 5% to around $80.40 per barrel, the lowest since early March.
The deal between the U.S. and Iran will reopen the Strait of Hormuz, which was closed by Iran during the conflict.
The Strait of Hormuz is important because it carries about 20% of the world’s oil supply.
U.S. stock markets rose: Dow Jones by 1%, S&P 500 by 1.4%, and Nasdaq by 2.3%.
Gas prices in the U.S. are dropping, with the national average now at $4.06 per gallon, down 46 cents in a month.
President Donald Trump authorized the removal of the U.S. naval blockade on the strait following the deal.
The deal is expected to be officially signed in Switzerland on Friday.
Oil is the main ingredient in gasoline and affects fuel prices at the pump worldwide.
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Inherited IRAs (Individual Retirement Accounts) do not have the same legal protections from creditors as regular retirement accounts owned by the original saver. Federal rules and court decisions mean these accounts may be vulnerable to creditors, especially in bankruptcy, and rules can differ by state.
Key Facts
Regular IRAs and 401(k)s are generally protected from creditors by federal law.
Inherited IRAs are subject to different rules and are less protected in bankruptcy cases.
The Supreme Court ruled in 2014 that inherited IRAs do not qualify for the same bankruptcy protections as original retirement accounts.
State laws vary widely on how well inherited IRAs are protected from creditors outside of bankruptcy.
Creditors usually must sue and get a court judgment before going after funds in an inherited IRA.
Money withdrawn from an inherited IRA loses protection and can be seized by creditors.
People with inherited IRAs and debt problems should talk to a lawyer or financial expert familiar with their state’s rules.
Debt settlement is a possible way to handle debts and protect inherited IRA assets.
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The Federal Reserve will hold a meeting this week to discuss interest rates, but no rate cuts are expected at this time. Mortgage rates may not drop significantly after the meeting, but homebuyers and those refinancing should watch for lender offers and consider different mortgage options.
Key Facts
The Fed is meeting for the first time since April to discuss interest rate policy and other issues.
Current inflation, overseas conflicts, and strong employment are influencing the Fed’s decisions.
A rate cut is unlikely this week, with less than a 2% chance according to market tools.
Mortgage rates have risen recently due to inflation and geopolitical tensions.
Mortgage rates vary daily and differ between lenders, so shopping around can help borrowers find better rates.
Some borrowers may benefit from paying rate points now to lower their mortgage interest rate.
Adjustable-rate mortgages (ARMs) could be a good option for some buyers who want lower initial rates but accept future changes.
Locking in a mortgage rate now can protect borrowers from possible rate increases before closing.
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Hosting the FIFA World Cup often costs cities more money than they earn from the event, despite its global popularity and economic benefits at the international level. Local governments pay for large expenses like security and transportation, while FIFA earns most of the revenue.
Key Facts
The 2026 World Cup is expected to add $40.9 billion to the global economy and create over 800,000 jobs.
Host cities cover big costs including security, policing, transportation upgrades, and fan events.
FIFA collects most of the money made from the World Cup, while cities take on much financial risk.
Past research shows that 12 of the last 14 World Cups caused economic losses for host cities.
For example, the 1994 World Cup in the U.S. led to about $9.3 billion in losses for local cities.
FIFA says it works with host cities to reduce costs and accommodate local needs.
The 2026 tournament will be held in 16 cities across the U.S., Canada, and Mexico.
There are concerns this year’s host cities may lose money due to low hotel prices, high airfares, and a mix of priced and unsold tickets.
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Scott Vincent Borba co-founded e.l.f. Cosmetics and helped grow it into a successful company. Later, he chose to leave the business world to become a Catholic priest, seeking a different kind of fulfillment.
Key Facts
Scott Vincent Borba helped build e.l.f. Cosmetics, a popular beauty brand.
e.l.f. Cosmetics became a multimillion-dollar company.
Borba did not feel personally fulfilled by his business success.
He decided to leave the cosmetics industry.
Borba pursued a new path as a Catholic priest.
The story was featured by CBS News contributor David Begnaud.
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Reform UK has proposed a new tax on companies that hire foreign workers to encourage hiring more British workers. The plan would reduce the National Insurance payments employers make on British staff by charging firms a levy for employing foreign workers, with rates depending on the workers’ wages.
Key Facts
Reform UK wants to tax companies hiring foreign workers to lower employers’ National Insurance costs for British employees.
The plan focuses on lower-paid jobs and includes a tax that decreases as wages increase.
For example, companies hiring foreign workers at minimum wage (£24,784 per year) might pay a £3,750 tax annually.
The party says this policy would help prioritize British workers over migrant workers.
Reform UK also wants to stop migrants from settling permanently after five years, requiring citizenship or new visas with higher salary rules.
The tax would mainly affect sectors like retail, hospitality, manufacturing, and private carers.
Treasury spokesman Robert Jenrick believes the tax cut for British employees and levy on foreign workers would balance the government’s costs.
Reform UK’s leader Nigel Farage also proposes banning foreign nationals from social housing and cutting VAT for small businesses.
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Netflix has canceled 11 shows in 2026 after only a few seasons, including some that never made it past their first season. These cancellations were mostly due to low viewership and audience engagement, despite some shows receiving good reviews.
Key Facts
At least 11 Netflix shows were canceled in 2026, including Mindhunter, The OA, The Abandons, and Terminator Zero.
Netflix’s co-CEO Ted Sarandos said the company does not cancel successful shows.
The Abandons was canceled after one season due to high costs not matched by enough viewers.
Terminator Zero, planned for five seasons, was canceled after one season because not enough people watched it.
The Vince Staples Show was canceled despite good reviews and a greenlight for a second season due to low audience numbers.
Pop the Balloon, a dating show, was canceled after poor audience engagement and low ratings.
Selling the City, a real estate reality show, will not return for another season.
Netflix decisions reflect a focus on balancing budget costs with audience size.
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President Donald Trump announced a deal with Iran to reopen the Strait of Hormuz, an important waterway for global oil shipments. As a result, oil prices dropped and U.S. stock markets are expected to rise when trading starts.
Key Facts
The Strait of Hormuz carries about 20% of the world’s crude oil.
Brent crude oil price fell nearly 5% to $83.11 per barrel.
U.S. West Texas Intermediate oil dropped about 5.2% to $80.47 per barrel.
U.S. stock futures for the S&P 500 and Dow Jones show expected gains of around 1%.
The U.S. naval blockade on Iran will end after the deal is signed on Friday.
It may take weeks for oil shipping through the strait to return to half of normal levels.
Gas prices in the U.S. are still about 37% higher than before the conflict began.
Experts say gas prices could fall but will not return to pre-war prices soon, so inflation may continue rising in the short term.
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Central banks in the US and UK are expected to keep interest rates steady this week after a new peace deal in the Middle East helped lower oil prices and reduce inflation pressures. The US Federal Reserve and the Bank of England will announce their decisions soon, with their leaders focusing on how the peace deal might affect prices and the economy.
Key Facts
The US Federal Reserve is likely to keep its interest rate between 3.5% and 3.75%.
Kevin Warsh, President Trump’s pick as Fed chair, will make his first policy decision this week.
US inflation rose from 2.4% in February to 4.2% in May, the highest in three years.
The Bank of England is expected to hold its rate at 3.75%, despite UK inflation being 2.8%.
The peace deal in the Middle East opened the strait of Hormuz, dropping oil prices and easing inflation.
The European Central Bank recently raised rates to 2.25% due to rising inflation in the eurozone.
ECB President Christine Lagarde warned about “second-round” inflation effects, like wage hikes pushing prices higher.
Analysts believe if the peace deal lasts, UK inflation could stay below 4%, possibly avoiding more rate increases this year.
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