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Jetstar, a low-cost airline owned by Qantas, has introduced a new fee for carry-on luggage that does not fit under the seat, starting next year. This change means passengers will pay extra to bring larger carry-on bags on board, adding to existing fees for checked luggage and seat selection.
Key Facts
From next year, Jetstar tickets will only include one small bag that fits under the seat, like a backpack or handbag.
Passengers who want to bring larger carry-on luggage will have to pay additional fees.
This fee is part of a broader trend where airlines charge extra for basic services, such as seat choice, cancellations, and meals.
Consumer experts say these added fees make it hard to compare airfares and increase overall travel costs.
The European Union requires airlines to show prices including carry-on fees to help consumers compare costs more easily.
Jetstar claims their new pricing model helps keep base fares low by charging only for extra baggage.
Other low-cost carriers in Europe, like Ryanair and EasyJet, already charge fees for carry-on luggage beyond small personal items.
Jetstar may change the fee amount depending on flight length.
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The Jones Act affects shipping within the United States and causes economic problems. The article argues that temporarily removing the Jones Act rules could help reduce this damage until the law is fully repealed.
Key Facts
The Jones Act controls shipping between U.S. ports by requiring ships to be built, owned, and operated by Americans.
The law increases costs for domestic shipping.
These higher shipping costs can harm the economy.
Temporarily waiving the Jones Act rules may lower these shipping costs.
The article supports fully getting rid of the Jones Act in the future.
The law’s current restrictions are considered a problem for efficient trade within the U.S.
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Ignoring medical bills does not make them go away and can lead to serious financial problems. Unpaid bills often result in repeated reminders, account transfer to collection agencies, potential credit score damage, and sometimes legal action.
Key Facts
Medical providers usually send several payment reminders before taking further action.
Patients can dispute errors, apply for financial help, or set up payment plans during the reminder period.
If bills stay unpaid, accounts may be sent to collection agencies.
Federal law protects consumers by allowing them to request proof of debt and dispute wrong information.
Medical debt is treated differently on credit reports, with some protections in place for paid or unpaid collections.
Unpaid medical bills can still harm credit scores depending on the amount and timing.
Large unpaid medical debts sometimes lead to lawsuits.
Addressing medical bills early helps avoid more costly and stressful outcomes.
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Disney made a new deal with TikTok to let creators officially use its famous characters like Darth Vader, Spider-Man, and Moana in short videos. This deal allows Disney to reach more fans and supports its move into vertical video through its Disney+ Verts platform in the US.
Key Facts
Disney partnered with TikTok to allow creators to use characters from Disney, Pixar, Marvel, and Star Wars.
The deal is described as a “first of its kind” for official use of Disney characters on TikTok.
Disney+ Verts is Disney’s new vertical video platform, currently available only in the United States.
TikTok has over 200 million users in the US, with a large portion under 30 years old.
This partnership shows how short-form video is changing how big companies handle their intellectual property.
Disney previously allowed limited use of its characters by OpenAI’s Sora video tool, which was later shut down.
The success of Toy Story 5 helped Disney beat its earnings forecasts, causing its stock to rise 4.6% in premarket trading.
Disney’s parks and experiences business revenue grew by 10%, with a 4% increase in theme park visits.
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There is a sharp rise in cases of bluetongue disease affecting sheep in the UK, especially in the south-west of England. Farmers are being asked to protect their animals by moving them away from areas with many midges, which spread the virus, and by vaccinating their livestock.
Key Facts
Over 590 cases of bluetongue were reported last week, up from just 115 the week before.
Bluetongue is a virus spread by biting midges, causing fever and swelling in sheep; the tongue may turn blue and stick out.
The disease does not usually kill sheep but can make them very sick and take a long time to recover.
The virus has been spreading north due to warmer global temperatures and was first seen in the UK in 2006.
Farmers are moving vulnerable sheep away from wet or sheltered areas and keeping them indoors during dawn and dusk when midges are most active.
Vaccination is advised since it provides protection, although full immunity takes about 28 days to develop.
Vaccine supply is increasing to meet demand, but there is some confusion among farmers about the need and timing of vaccination.
Authorities warn that the recent hot, humid weather has increased midge numbers and the risk of infection.
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SpaceX reported strong revenue of $7.8 billion, beating expectations, but also showed a large net loss and heavy spending on AI and data center projects. Investors were concerned about the high costs, causing SpaceX shares to fall sharply after its first public earnings report.
Key Facts
SpaceX made $7.8 billion in revenue for the quarter, 92% higher than a year ago and above analysts’ estimates of $6.82 billion.
The company posted a net loss of about $541 million, better than the expected loss of $2.12 billion.
SpaceX spent nearly $16 billion on capital expenses, mainly for AI and data centers, double the previous quarter.
CEO Elon Musk plans to increase computing capacity from 2 gigawatts to close to 10 gigawatts by 2027, which is very costly.
SpaceX’s AI revenue grew rapidly to $2.56 billion this quarter, mainly from renting data center space to competitors like Google and Anthropic.
The company’s market value dropped from $225 per share after IPO to $112 amid investor worries about spending.
Musk said SpaceX aims to hit $1 trillion in revenue by 2030, with plans for orbital data centers starting next year.
SpaceX’s Starlink satellite internet service’s growth potential is seen as underestimated.
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CBS Mornings Deals offers special discounts on products that aim to improve daily life. Viewers can visit the website cbsdeals.com to find these deals and purchase items.
Key Facts
CBS Mornings Deals features exclusive discounts on various products.
The deals are designed to help improve everyday lifestyle.
Interested buyers can visit the website cbsdeals.com to shop.
CBS earns commissions from purchases made through their website.
The discounts are promoted on CBS News platforms and apps.
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AI-powered search tools are changing how people find information online, causing fewer clicks to visit publisher websites. This shift is reducing traffic to news and information sites, forcing publishers to rethink their business models to maintain audience engagement and revenue.
Key Facts
Over 60% of Google searches ended without clicking to external websites by early 2026.
AI-generated summaries in search results reduce visits to external sites by about 15%.
Traffic to news sites driven by search could drop by up to 43% in the next three years due to AI changes.
Publishers are losing direct relationships with audiences, affecting advertising and subscription income.
Paid audience acquisition was once used to offset traffic drops but led to too many ads and poor user experience.
“Made for Advertising” (MFA) classifications emerged to protect advertisers but created challenges for some publishers.
Publishers now must find new ways to grow while balancing advertiser needs and user experience.
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President Donald Trump said that AI data centers help increase home values and lower taxes for nearby homeowners. A study in Virginia found that homes closer to data centers tend to sell for higher prices, but experts say this may be because data centers are built in areas that already have good infrastructure and jobs.
Key Facts
President Trump claimed that communities rejecting AI data centers miss out on benefits like higher home values and lower taxes.
A July poll showed 63% of U.S. voters oppose building AI data centers near their communities, a rise from previous years.
Data centers are new and research on their impact on neighborhoods and home prices is still limited.
A 2023 study from George Mason University showed that in Virginia, homes closer to data centers sell for higher prices.
The study suggests this happens because data centers locate where there is strong infrastructure, good transport, and job opportunities.
Experts say data centers do not directly add value, but are part of areas that already attract homebuyers.
Some real estate agents report mixed effects on home prices in areas planning or hosting data centers.
Residents worry about data centers’ noise, energy use, and water consumption, which could reduce home desirability.
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Edmunds has identified the best SUVs for towing in 2026 based on their towing capacity, handling, power, and features. These SUVs range from small to full-size models, including hybrid and all-electric options, offering different towing capacities to suit various needs.
Key Facts
The 2026 Toyota RAV4, a small SUV with a hybrid engine, can tow up to 3,500 pounds when properly equipped.
The 2026 Nissan Pathfinder, a midsize three-row SUV, can tow up to 6,000 pounds with the right trim and packages.
The 2026 Jeep Grand Wagoneer, a full-size SUV with a turbocharged six-cylinder engine, can tow up to 10,000 pounds.
The 2026 Lincoln Navigator, a full-size luxury SUV, can tow up to 8,700 pounds when properly equipped.
The 2026 Cadillac Escalade IQ is a full-size all-electric SUV that can tow up to 8,000 pounds.
Tow ratings are based on vehicles being properly equipped, sometimes requiring all-wheel drive and specific trim levels.
Beyond towing capacity, factors like stable handling, strong brakes, and technology features are important for safe towing.
Prices listed include destination charges and reflect the least expensive versions capable of their maximum towing.
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Disney reported solid financial results for its third quarter, helped by the success of the movie “Toy Story 5” and strong visitor numbers at its U.S. theme parks. Although international tourism remained weak, revenue and profits rose due to higher income from domestic parks and new park experiences.
Key Facts
Disney’s Experiences division, which includes theme parks and other related businesses, saw operating income rise 20% to $3.02 billion.
Domestic parks’ operating income increased by 27%, while international parks and experiences declined by 13%.
Attendance at U.S. theme parks grew by 3%, driven by more domestic visitors and annual passholders.
Disney earned $2.64 billion ($1.51 per share) in the quarter, down from $5.26 billion ($2.92 per share) the previous year.
Adjusted earnings per share were $2.06, beating analysts’ expectations of $1.86 per share.
Total revenue increased 7% to $25.25 billion, slightly below the expected $25.39 billion.
Factors like tariffs, immigration policies, and diplomatic tensions under President Donald Trump have contributed to weaker international tourism.
Disney announced a deal with TikTok to share fan-created content within the Disney+ app.
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Silicon Valley companies are developing humanoid robots that can interact with people and assist with daily tasks. Experts predict that automation, including robots, could change up to 30% of all working hours in the U.S. economy by 2030.
Key Facts
Humanoid robots were once just science fiction but are now a growing market in Silicon Valley.
Robots being created can communicate with humans and help with everyday activities.
Consulting firm McKinsey says automation might affect nearly one-third of all work hours in the U.S. by 2030.
Many companies are competing to develop advanced robots that look and act like humans.
This development is part of a broader trend of combining artificial intelligence with physical machines.
Other countries, like the UK and France, are also advancing in robotic technology for medical and industrial use.
The rise of humanoid robots reflects increasing interest in using technology to change how people work and live.
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The government will change how it chooses companies for public contracts by making job creation a bigger factor. Firms bidding for contracts worth £5 million or more must show they create local jobs, train people, and help young workers gain experience.
Key Facts
The government spends £90 billion a year on public contracts.
Companies must prove they support local job growth to win contracts.
The importance of social benefits in contract decisions will double from 10% to 20%.
The new focus will be on creating jobs that pay above minimum wage and offer training.
Offering 45-day work experience placements for young people will earn extra points.
Over one million young people aged 16 to 24 are currently not working or in school.
The rules apply to both British and international companies bidding for contracts.
Some environmental groups express concern that job creation should not reduce focus on environmental goals.
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Electricity bills in the U.S. have increased recently, but data centers are not the main cause. Utilities make more money by building new infrastructure regardless of how much power is actually used, leading to higher costs for consumers. New technologies like energy storage and flexible power use can help reduce costs and better use existing power capacity.
Key Facts
U.S. electricity prices have risen 7.3 percent since April 2025, with some states seeing even bigger increases.
Utilities get a guaranteed profit when they invest in new equipment like power plants and power lines.
The power grid usually runs at about half capacity most of the year but must be sized for peak demand, which happens only a few times a year.
Some utility companies want to build new power plants to meet rising demand and earn more guaranteed returns, which could increase bills.
Georgia Power’s Vogtle nuclear plant cost $35.8 billion, more than double the planned budget and took 15 years to build, with costs passed to customers.
Overestimates of future power needs, especially from data centers, can lead to unnecessary spending on infrastructure.
Storage technologies like batteries and solar-storage projects are growing and can help use the grid’s existing capacity better.
Flexible power users like data centers can reduce demand during peak times to help stabilize the grid and lower costs.
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Amazon is starting a new series about Melania Trump this fall, after losing money on a previous Melania documentary film. The documentary cost $75 million to make but earned only $16.6 million worldwide.
Key Facts
Amazon will release a new docuseries focused on Melania Trump.
The series will show a different side of Melania Trump and the start of President Donald Trump’s second term.
The original documentary called "Melania" came out in January 2026.
Amazon paid $40 million for the documentary, the highest amount ever paid for a documentary.
The total cost of the documentary was around $75 million, including $35 million for marketing.
The film earned $16.6 million worldwide, much less than its cost.
The documentary had good opening weekend earnings but got mostly negative reviews from critics.
The story is still developing with more updates expected.
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Investors are pushing U.S. stock prices to new record highs, driven by strong interest in artificial intelligence (AI) technology. Big tech companies and related industries are benefiting from large investments in AI, which is helping boost the overall U.S. economy.
Key Facts
The S&P 500 stock index reached a new all-time closing high of 7736.52 on Tuesday.
Stocks rose nearly 6% in the last four sessions, led by gains from Microsoft, Amazon, and Alphabet after their quarterly reports.
Palantir Technologies’ stock jumped 29.5% after reporting strong sales of its AI software to businesses.
Semiconductor and IT hardware companies are also seeing gains due to increased AI-related demand.
The Trump administration is considering banning Chinese-made products used in data connections for security reasons.
Industrial stocks in the S&P 500 are up 20% so far this year, marking their best performance since 2019.
The U.S. economy shows strong signs with more orders for capital goods, higher manufacturing activity, and rising corporate profits.
The AI boom is expanding beyond just tech companies, influencing many parts of the U.S. economy and its growth.
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Meijer is lowering prices on over 1,000 grocery and household items until September 8. Discounts apply to fresh foods, snacks, meat, and household essentials, available in stores, online, and via the retailer’s app without coupons or memberships.
Key Facts
Meijer cut prices on many products like strawberries, watermelons, Frosted Flakes cereal, and pickles.
Meat discounts include pork shoulder roast and chicken drumsticks at significantly lower prices.
Household items, such as toilet paper, also have reduced prices.
The promotion lasts six weeks and covers hundreds of product categories.
Other grocery chains, like Giant Eagle, Walmart, Stop & Shop, and Kroger, have also lowered prices recently.
These price cuts respond to continued high food costs despite overall inflation easing.
Food prices rose 3.1% in July compared to last year, with meat and grocery staples increasing notably.
Reducing grocery prices is part of efforts to help consumers deal with inflation and higher living costs.
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An unfinished condo project in West Hollywood has been abandoned and taken over by coyotes, disturbing nearby residents. This situation reflects a wider decline in the U.S. condo market, where construction has slowed due to higher costs and legal risks, making condo ownership less affordable for many Americans.
Key Facts
A condo development in West Hollywood stopped construction years ago and is now home to a pack of coyotes.
Residents near the abandoned site complain about noise and disturbance from the animals.
Condos once offered an affordable way for Americans to buy homes, especially from the 2000s.
The proportion of condos as part of the U.S. housing market grew from about 11% in 1960 to around 17-18% by 2000.
Since 2008, condo construction has slowed due to legal risks from construction defects and rising costs like insurance and fees.
Certain states, such as Colorado, have seen condo construction drop sharply, from 20% of new homes in 2005 to 2% today.
The 2021 Florida Surfside condo collapse, which killed 98 people, led to stricter building rules and higher insurance costs, especially in Florida.
Builders are cautious about building condos because unsold units and legal liabilities pose financial risks.
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Starting February 2027, Australian budget airline Jetstar will charge passengers for using overhead lockers to store carry-on bags during flights. Small items like purses or laptop bags can still be stored under the seat for free, but larger carry-on bags placed in overhead compartments will cost from 25 Australian dollars one way.
Key Facts
Jetstar will charge passengers to store carry-on bags in overhead lockers beginning February 2027.
Passengers can keep small bags under the seat without extra charge.
The fee for overhead locker use starts at 25 Australian dollars (about 18 USD) per flight, depending on the route.
Carry-on bags in overhead lockers can weigh up to 10 kilograms (22 pounds).
Jetstar will stop weighing carry-on bags at the gate; the previous 7-kilogram limit for under-seat bags is removed.
The change aims to reduce stress at boarding and speed up flight departures.
Other Australian and New Zealand airlines already charge for checked luggage, seat choice, and some services.
Jetstar is reportedly the first airline worldwide to charge for overhead locker use specifically.
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The UK is experiencing a severe drought and hot weather that is harming crops like barley, oats, and rapeseed. Farmers warn that this will cause smaller and more expensive vegetables in supermarkets, with the country facing its worst cereal and oilseed harvest since 1984.
Key Facts
England and Wales had their driest July in 190 years, leading to a drought declaration over much of the UK.
The UK’s cereal and oilseed harvest could fall by 2.5 million tonnes below earlier estimates.
The expected harvest is 19.5 million tonnes, the lowest since 1984 and less than the 2020 low of 19.8 million tonnes.
Farmers may lose about £390 million in revenue due to the poor harvest.
Crops like barley, oats, and rapeseed are used in foods such as beer, breakfast cereals, vegetable oils, and animal feed.
Shrinkflation is expected, meaning vegetables will be smaller but sold at similar prices.
Supermarkets are importing more produce from countries like Spain to make up for shortfalls.
Climate change is causing more frequent heatwaves and droughts, making these problems likely to continue.
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