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The spike in the wholesale cost of electricity, which ComEd buys at an annual auction and then passes through to its customers, paired with increased energy usage, added $67.28 month-over-month to the average June 30 bill, the utility said.
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News and Media
Credit card issuers in India experienced a decline in new card additions in June 2025. Reserve Bank of India data indicates overall industry growth turned negative for the first time since Covid-19. Credit card spending also decreased. ICICI Bank and Kotak Mahindra Bank saw significant drops in cards in use. Banks are now focusing on high-quality customers.
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News and Media
Donald Trump called Jerome Powell a 'numbskull' for keeping interest rates high. Trump believes Powell's policies hurt the housing market. He also suggested Powell might be politically motivated. Treasury Secretary Scott Bessent criticized the Fed's spending on building renovations. Bessent wants the Fed to focus on its core monetary policy duties.
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News and Media
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