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HELOC Low Rates, Brown Students at Travel Risk & Miracle at Sea
Hello. It's Monday, 17th Mar, and we're covering HELOC rates hitting record lows, Forever 21's Bankruptcy & much more.
Trump Calls Biden's Pardons 'Void'—Claims They Were Signed by Autopen!
In a recent flare-up between former President Donald Trump and President Joe Biden, Trump has labeled Biden's pardons for members of the January 6 committee as “void and vacant.” His contention? The pardons were allegedly signed using an autopen, suggesting that Biden didn’t personally authorize them.
However, legal experts note that the use of an autopen for signing legislation is perfectly legal and has historical precedence. Trump, in a post on Truth Social, seems to threaten further investigations into committee members, accusing them of crimes during their probe.
The pardons, which also extended to figures like Dr. Anthony Fauci and Gen. Mark Milley, were issued on January 19, a day before Biden left office. This dispute not only underscores ongoing tensions from the Capitol riots but also reignites debate over presidential pardon powers and the implications of their execution.
Brown University International Students Beware of Spring Break Travel Risks!
Brown University is sending a crucial warning to its international students ahead of spring break: think twice before traveling. In a campus-wide email, Executive Vice President Russell Carey highlighted the potential risks of sudden changes in travel restrictions, visa procedures, and re-entry requirements.
This advisory follows a concerning incident where Assistant Professor Rasha Alawieh was detained at Boston Logan International Airport after returning from Lebanon, sparking fears over customs processes. Despite having a valid H-1B visa, she was reportedly deported back to Lebanon amid ongoing uncertainties in U.S. immigration policy.
With a public demonstration planned to seek clarity on these issues, students are urged to consider the implications of their travel plans, both internationally and domestically, as the situation evolves. Brown students are encouraged to prioritize their safety during this tumultuous time.
Fisherman Survives 94 Days Adrift on Birds, Turtles, and Cockroaches!
In an incredible tale of survival, 61-year-old Peruvian fisherman Maximo Napa was rescued after drifting for 94 harrowing days at sea. Stranded in the Pacific Ocean, he relied on sheer willpower, scrounging for nourishment from birds, turtles, and even cockroaches.
Found by an Ecuadorian vessel near Chimbote, Napa, who lost his way due to bad weather and lack of communication tools, shared his emotional story post-rescue, revealing that thoughts of his family kept him going.
His daughter, Ines, expressed the joy and relief of reuniting with her father, while his niece eagerly anticipated celebrating his birthday—a distinct milestone considering he consumed only a solitary cookie that day.
This miraculous survival story unfolds just months after another man was rescued from a similar fate, highlighting the resilience of the human spirit against nature's harshest challenges.
Sports & Entertainement
📍 Rory McIlroy Triumphs Over Spaun in Thrilling Playoff
Rory McIlroy secured an exhilarating victory at the Players Championship, triumphing over J.J.Spaun in a thrilling three-hole playoff. With a stellar tee shot and sharp iron play, McIlroy clinched his second title at this prestigious event, showcasing his skill even amidst challenging conditions. Spaun faltered on the iconic 17th hole, leading to a heartbreaking triple bogey. With this win, McIlroy builds momentum as he eyes the Masters, inching closer to a career Grand Slam.
📍 Conan Returns to The Oscars
Conan O'Brien is set to return as the host of the 2026 Oscars, joking that he wants to hear Adrien Brody finish his lengthy acceptance speech. After his first successful hosting gig, which attracted over 19 million viewers, the Academy is excited to bring back O'Brien along with a talented production team.
Business & Economy
📍 Why HELOC Rates Are Hitting Record Lows?
HELOC rates have significantly dropped, now averaging 8.04%, making them cheaper than home equity loans by about 0.4 to 0.5 percentage points. This decline is attributed to recent Fed rate cuts and a demand for shorter-term debt. HELOCs not only offer lower rates but also provide the flexibility of borrowing as needed, unlike home equity loans that require a lump sum. With average home equity around $313,000, now is an appealing time for homeowners to consider HELOCs.
📍 Forever 21 files for Chapter 11 bankruptcy Again
Forever 21 is waving goodbye to its Michigan presence as it files for Chapter 11 & , with all nine local stores set to close. The beloved fashion retailer is facing tough competition and financial woes, leading to a nationwide shutdown and upcoming going-out-of-business sales. CFO Brad Sell expressed gratitude to employees and loyal customers for their support over the years.
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