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Fairfax County welcomes the Reston’s new Lake Anne House for low-income seniors 10/15/2022 08:25am • This article was written by WTOP’s news partner InsideNoVa.com and republished with permission. Sign up for InsideNoVa.com’s free email subscription today. Lake Anne House includes 56 studios, 178 one-bedroom and six two-bedroom apartments. Residents have access to a wellness clinic, fit At debate, Walker denies past support for US abortion ban 10/14/2022 09:29pm • SAVANNAH, Ga. (AP) — Georgia’s Republican Senate candidate Herschel Walker on Friday denied his previous support for an outright national ban on abortion, though he has insisted at various points throughout the campaign that it was a proposal he endorsed. Walker, a staunch anti-abortion politic Student loan forgiveness applications now open through beta mode website, Biden administration says 10/14/2022 08:05pm • The Biden administration has opened the application process for Americans seeking student debt relief in a beta period starting Friday evening, officials told CNN, allowing applicants to begin signing up before the website is formally unveiled later this month.In August, President Joe Biden announce Bank CEOs increasingly turning pessimistic on economy 10/14/2022 02:05pm • NEW YORK (AP) — The outlook for the U.S. economy from Wall Street’s biggest banks is getting gloomier, with many top executives saying they're preparing for a potential downturn or a recession. Following the short but potent pandemic recession in 2020, many bank CEOs have spent the past year an Wells Fargo 3Q revenue boosted by higher interest rates 10/14/2022 02:02pm • WASHINGTON (AP) — Wells Fargo easily beat Wall Street's third-quarter revenue forecasts as higher interest rates helped offset a steep decline in home lending. The nation's biggest mortgage lender brought in $19.5 billion in revenue for the period, thanks to $12.1 billion in net interest income, a Realtors apologizing for past discrimination, urging change 10/14/2022 09:36am • ST. LOUIS (AP) — When Abdul-Kaba Abdullah decided to sell his home two years ago, he listed the neatly-kept, four-bedroom house at $175,000 based on presale evaluations. But once a buyer made an offer, an appraiser valued the home at only $150,000, and the bank wouldn’t give a loan for the origi JPMorgan profits fall; bank stores cash for coming downturn 10/14/2022 07:49am • NEW YORK (AP) — JPMorgan Chase & Co.'s third quarter profit fell by 17% from a year earlier, as the bank set aside roughly a billion dollars to cover potential losses in an economic recession that CEO Jamie Dimon has said could come in six to nine months. The nation's largest bank by assets p As the causes of US inflation grow, so do the dangers 10/14/2022 06:31am • WASHINGTON (AP) — What keeps driving inflation so high? The answer, it seems, is nearly everything. Supply chain snarls and parts shortages inflated the cost of factory goods when the economy rocketed out of the pandemic recession two years ago. Then it was a surge in consumer spending fueled b Asian stocks gain after Wall St rebounds from inflation jolt 10/14/2022 12:10am • BEIJING (AP) — Asian stock markets surged Friday after Wall Street rebounded from a slump caused by worse-than-forecast inflation numbers. Japan's market benchmark soared by an unusually wide margin of 3.4%. Hong Kong gained 3.3% and Shanghai also rose. Benchmark U.S. crude oil rose more than $2 p Monk, attorney charged with $3.5M pandemic relief fraud 10/13/2022 06:55pm • BOSTON (AP) — A man who presents himself as a Orthodox Christian monk and an attorney he lived with fraudulently obtained $3.5 million in federal pandemic relief funds for nonprofit religious organizations and related businesses they controlled, and spent some of it to fund a “lavish lifestyle,â Mississippi judge blocks private schools' tax-funded grants 10/13/2022 06:35pm • JACKSON, Miss. (AP) — A Mississippi judge on Thursday blocked a state law that put $10 million of federal pandemic relief money into infrastructure grants for private schools. The ruling by Hinds County Chancery Judge Crystal Wise Martin is a victory for Parents for Public Schools. The nonprofit g Worsening inflation will pressure Fed to keep raising rates 10/13/2022 04:41pm • WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains and ensuring that the Federal Reserve will keep raising interest rates aggressively. Consumer prices, excluding volati How Social Security works and what to know about its future 10/13/2022 10:43am • NEW YORK (AP) — Tens of millions of older Americans will see a major increase in benefits this January when a new cost-of-living adjustment (or COLA) is added to Social Security payments. The 8.7% raise is meant to help them with higher prices for food, fuel, and other goods and services. The ave Average long-term US mortgage rates up another quarter point 10/13/2022 10:09am • WASHINGTON (AP) — Average long-term U.S. mortgage rates reached their highest level in more than two decades this week and are likely to climb further as the Federal Reserve has all but promised more rate increases in its battle to tamp down persistent inflation. Mortgage buyer Freddie Mac reporte Indonesia gears up to start its first high-speed rail line 10/13/2022 07:19am • BANDUNG, Indonesia (AP) — Indonesia is preparing to start Southeast Asia’s first high-speed rail service that will cut travel time between two cities from the current three hours to about 40 minutes. The railway line, which connects Indonesia's capital Jakarta and Bandung, the heavily populated