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Retail credit card APRs have not changed despite the Federal Reserve slashing interest rates to near zero this year, according to a new report from CreditCards.com.Store-only cards have the highest interest rate at nearly 30%. That's the case for a few jewelers, Discount Tire and Big Lots, which sells furniture and appliances.“They're kind of preying, in some cases, on people who are really desperate to buy something, but may not have the money for it,” said Ted Rossman, an industry analyst at CreditCards.com. “So, it's really all about risk management.”The website’s survey found more than 43% of people have impulsively applied for a store card at checkout.That phenomenon may change this holiday season, when much of the shopping is expected to be online.“It might be less of an issue this year,” said Rossman. “Although, who knows? Maybe the shoppers that are in store are going to be peddled these even more aggressively, so it's something to watch for.”Store credit cards can be worth it if you pay your bills in full to avoid interest and you're loyal to a certain retailer. That's especially true for cards that offer 5% back on everything you buy. Amazon, Walmart, Target and a few clothing stores offer those kinds of rewards.If you're just signing up for an initial discount, don't waste it on a small purchase.Remember a credit card is different from a free loyalty program.You might be getting into something that could hurt your credit score. 1470
PUEBLO, Colo. -- A Colorado man made a historic leap with his most recent skydive.Tommy Fergeson of Pueblo made his 1,000th jump Saturday, exactly eight years after an accident cost him his left arm.He's now made 343 jumps with two arms and 657 with one.After losing the limb, the "One-armed Skydiver" didn't lose his love for the pursuit and found ways to overcome his obstacles."It's something that when I first started I never dreamed I would hit 1,000 skydives you know? It's taken some years. I'm fixing to turn 58, actually next month I turn 58 but I still love it and I am going to continue to do it, and I'm gonna be with my family and I just love skydiving. It's one of my passions," Fergeson said.After the jump Saturday, Fergeson received his 1000 Jump Wings from the United States Parachute Club.This story was originally published by Tyler Dumas at KOAA. 875
Republican Rep. Diane Black of Tennessee recently cited pornography as a contributing factor to gun violence in schools."How many of you when you were in school ever had an experience where a kid came to school with a gun?... Never happened. So we say, 'Why?' ... Why do we see kids being so violent? What's out there? What makes them do that?" Black said during a listening session with local pastors last week, according to audio HuffPost obtained and posted Tuesday.Black, who is also running for governor in her state, went on to list "deterioration of family," violent movies and pornography as what's led to school shootings."It's available on the shelf when you walk in the grocery store. Yeah, you have to reach up to get it, but there's pornography there," Black says in the audio. "All of this is available without parental guidance."She adds, "And I think that's a big part of the root cause, that we see so many young people that have mental illness get caught in these places."In the audio, Black does not detail what it is about pornography that she believes contributes to school shootings."I think the context is pretty clear," Black's campaign spokesman Chris Hartline told CNN Tuesday. "Diane believes the breakdown of families and communities plays a significant role in instances of school violence."Moms Demand Action founder Shannon Watts criticized Black's comments, writing on?Twitter?that "despite all of the data and experts at her disposal, (Black) chooses to blame 'grocery store pornography' for school shootings. And she doesn't mean the magazines that glorify guns." 1615
Rear Adm. Ronny Jackson has withdrawn as President Donald Trump's nominee to lead the Department of Veterans Affairs, he said in a statement Thursday morning.His nomination was hampered by a flurry of allegations about Jackson's professional conduct.In a statement announcing his withdrawal, Jackson slammed allegations of improper behavior leveled against him as "completely false and fabricated.""If they had any merit, I would not have been selected, promoted and entrusted to serve in such a sensitive and important role as physician to three presidents over the past 12 years," Jackson said. "Going into this process, I expected tough questions about how to best care for our veterans, but I did not expect to have to dignify baseless and anonymous attacks on my character and integrity."Jackson said he was motivated to withdraw from consideration because the allegations against him "have become a distraction" for Trump and his agenda."Unfortunately, because of how Washington works, these false allegations have become a distraction for this President and the important issue we must be addressing -- how we give the best care to our nation's heroes," Jackson said. "While I will forever be grateful for the trust and confidence President Trump has placed in me by giving me this opportunity, I am regretfully withdrawing my nomination to be Secretary for the Department of Veterans Affairs."Speaking on "Fox & Friends" Thursday morning, Trump said Jackson's withdrawal was not unexpected."I even told him a day or two ago I saw where this was going," Trump told Fox News' "Fox & Friends" over the phone, later adding that "it's a disgrace."The President also said all the allegations against Jackson were false, saying the White House physician's opponents are "trying to destroy a man." 1813
RAMONA, Calif. (KGTV) -- Cal Fire responded Tuesday night after a body was discovered on the peak of Iron Mountain. According to Cal Fire, the body was discovered by a hiker around 6:40 p.m. Tuesday night.Cal Fire says they are waiting for the Medical Examiner to arrive and remove the body. At this time, the circumstances surrounding the death are unclear. 367