Monthly Archives: August 2022

Flush with fresh funds, UK ‘eco laundry’ startup Oxwash spins up growth plans

Oxwash, a UK startup that’s spent the last few years applying high tech processes to shrink the environment cost of dry cleaning and commercial laundry, has trousered £10 million (~$12M) in Series A funding to expand its nationwide footprint. Currently its service is available in five UK cities: London, Oxford, Cambridge, Bristol and Manchester but…

After announcing broad student-loan forgiveness, Biden’s Education Department wipes out $1.5 billion in student debt for borrowers subjected to ‘manipulation’ by a for-profit school

College graduation Getty Images The Education Department announced $1.5 billion in student-loan forgiveness for 79,000 Westwood College students.  Westwood shut down in 2016, and the department said it misrepresented job prospects to students. This relief will apply to those who attended the school between January 1, 2002, and November 17, 2015. President Joe Biden may…

7 more Republican leaders endorse Democrat Josh Shapiro for Pennsylvania governor, following news of GOP candidate Doug Mastriano wearing a Confederate military uniform

Pennsylvania Attorney General Josh Shapiro, a Democrat running for governor, has sought to portray his opponent Doug Mastriano as out of step with the mainstream. Ben Hasty/MediaNews Group/Reading Eagle via Getty Images Seven more Republican leaders have announced their endorsement for Democrat Josh Shapiro. This comes one month after nine Republicans called his GOP opponent…

Today’s mortgage and refinance rates: August 30, 2022 | Rates are elevated while the economy remains strong

Mortgage rates spiked last week and remain elevated this week. Average 30-year mortgage rates had been relatively low for most of August, even dipping below 5% a few times. But as the Federal Reserve gears up for another large hike to the federal funds rate next month, rates have trended up. “Mortgage rates are higher…

This week’s average personal loan rates: August 30, 2022 | Lowest rates near 5% APR

Personal loan rates were hovering around 19.91% overall for the week of Aug. 29. Personal loans can be used for a variety of purposes, like covering the cost of a medical bill or financing a home improvement project. Average personal loan rates We’ve compiled a database of 27 personal loan products and averaged their current rates…