>>Report: 61% Of Americans Live Paycheck To Paycheck
(Charlotte, NC) -- More than half of U.S. adults say they live paycheck to paycheck. A new report from LendingClub puts that number at 61-percent. It suggests that lower-income workers have been hit the hardest by price increases, because food and other staples account for a bigger share of their household budgets. Among consumers earning less than 50-thousand dollars annually, roughly three-quarters were living paycheck to paycheck in June. This comes despite recent signs that inflation appears to be cooling.
>>Heineken CEO Weighs In On Bud Light Controversy
(St. Louis, MO) -- Heineken's CEO is criticizing Anheuser-Busch after the fallout of their partnership with transgender influencer Dylan Mulvaney. Dolf van den Brink told CNBC that the rival company should stand up for their values. Conservatives boycotted the beer brand after Mulvaney's deal, resulting in a nearly 25-percent loss in the period compared to the same time last year. Van den Brink said "polarization in society" affects businesses and brands, and companies need to be "thoughtful" while also standing up for principles they believe in.
>>Apple Approve Rebranded X for Apple Store
(Cupertino, CA) -- Apple is approving the newly rebranded Twitter App. Now known as "X," the app is available in the Apple App Store. This is an exception to the rule because Apple typically does not allow developers to name their apps with a single character. Elon Musk purchased Twitter last October for 44 billion dollars. He recently replaced the iconic blue Twitter bird logo with a black and white X. Over the weekend, Musk erected a giant, brightly lit X atop the multi-story downtown San Francisco headquarters of the social media company. Complaints from neighbors have prompted the city planner to investigate if any building codes were violated.
>>Older Verizon Phone Plan Bills Could Increase Soon
(Undated ) -- Verizon customers with older phone plans could see their bill go up next month. The company says starting this week some older plans will be charged an additional three-to-five-dollars per mobile phone line every month. Unlimited plans that are currently available to new customers won't get hit with the additional charge.
>>Ford Recalling Pickups Over Possible Brake Issue
(Dearborn, MI) -- A problem with the electric parking brakes on 870-thousand Ford pickups has led to a recall by the automaker. The issue affects 2021 to 2023 model trucks with a single exhaust. Documents released by Ford show a wiring bundle in the rear of the truck can come into contact with the rear axle causing damage to the wire. The damage could cause a short circuit with turns on the parking brake without the driver's knowledge. No crashes or injuries have been reported due to the problem and owners will begin receiving notices starting September 11th.
