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Forbes

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Mortgage Rates Today: June 26, 2025 – Rates Move Lower

  • The average interest rate on a 30-year fixed mortgage is now 6.65%, down from 6.76% last week, offering potential savings for borrowers.
  • For those looking to pay off their homes faster, the average rate on a 15-year fixed mortgage is 5.65%, marking a decrease from the previous week.
  • Homeowners considering refinancing to lock in lower rates should compare their current mortgage rate with prevailing market rates before proceeding.
  • Experts suggest using a mortgage calculator to estimate costs and exploring various loan programs and lenders to potentially secure a more favorable interest rate.

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Rockpapershotgun

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Fortnite players receive $126 million more in refunds from the FTC over Epic's "deceptive billing practices"

  • The American Federal Trade Commission has issued an additional $126 million in refunds to Fortnite players for unwanted purchases, totaling $200 million refunded so far.
  • These refunds are part of a $520 million settlement by Epic over complaints including breaching the COPPA and using deceptive tactics in Fortnite's store.
  • The recent wave of refunds is the second, with over 969,000 payments being distributed, and the claims process has been reopened until July 9.
  • Epic has implemented new measures to prevent accidental purchases and players can still apply for refunds until July 9, with claims reviewed after February 14, 2025.

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Rockpapershotgun

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Battle Prose: The finale, for-now-le

  • A diary of Nic's adventures in Battle Brothers reflects on the finality felt.
  • Thilmann contemplates mortality amidst the violents acts of mercenary work.
  • In a brutal arena fight, Thilmann meets his end mythologizing his own elbow.
  • Rumjugs is the sole survivor among the brothers, recounting their past misadventures.

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HRKatha

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Meghalaya pushes back on tourism workforce concerns

  • Meghalaya's Tourism Department addresses concerns over tourism workforce readiness following a tourist's tragic death.
  • Efforts include the establishment of an IITTM regional branch for formal tourism and hospitality training.
  • Partnerships with various organizations have led to training over 1,500 individuals in hospitality and tourism management.
  • Meghalaya's focus on sustainable tourism development includes initiatives like the Chief Minister's Elevate Scheme and community involvement.

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Rockpapershotgun

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Darkswitch is Frostpunk in a big tree with music from Silent Hill composer Akira Yamaoka

  • DarkSwitch is a game that combines elements of Frostpunk set in a tree with music by Silent Hill composer Akira Yamaoka.
  • The game features vertical city-building, tower defense, exploration, and is set in a world of folk horror with a soundtrack from Akira Yamaoka.
  • The gameplay incorporates resource gathering, technology research, and exploring ruins, but there are concerns about the lack of explanation and clarity in the UI and mechanics.
  • The preview build of DarkSwitch received mixed feedback, with criticisms of the music, gameplay tutorial, and user interface clarity, while acknowledging the compelling concept and potential improvements needed.

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HRKatha

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How corporate gaslighting destroys careers

  • Corporate gaslighting begins subtly, causing employees to doubt their abilities and perception.
  • Manipulation tactics include shifting goalposts, selective feedback, and weaponizing performance management.
  • Gaslighting erodes confidence, leads to anxiety, and hampers organizational productivity and potential.
  • Preventing gaslighting requires leadership accountability, psychological safety, and transparent decision-making processes.
  • Recognizing and addressing corporate gaslighting is crucial to prevent its damaging impact.

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HRKatha

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TN’s WESAFE programme to train 6 lakh women, support 18,000 entrepreneurs

  • Over six lakh women in Tamil Nadu will receive training under the state's WESAFE Programme, aimed at increasing women's participation in the workforce and improving job quality.
  • The World Bank has approved a $150 million loan for the WESAFE Programme, with a maturity period of 25 years and a grace period of five years.
  • In addition to training women for careers, the programme will support 18,000 women entrepreneurs to start their own businesses and ensure safe workplaces, housing, and transport for women across the state.
  • Tamil Nadu aims to become a $1 trillion economy in five years, leveraging the strength of women through the WESAFE programme, with plans to design a Women’s Policy, draw investments, and provide financial assistance to enterprises led by women.

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HRKatha

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3 more months to choose between UPS & NPS

  • Central government employees have been granted three more months to decide between the National Pension System (NPS) and the Unified Pension Scheme (UPS).
  • The Finance Ministry extended the deadline from 30 June to 30 September in response to stakeholder requests.
  • UPS is preferred for its security and guaranteed benefits, including monthly payouts and lump sum amounts at retirement, making it more attractive than NPS which offers market-linked returns.
  • Newly-hired government employees must choose UPS within 30 days of joining, with the decision being irreversible. If no choice is made by 30 September, default option is NPS. Those switching will have their pension amount transferred to UPS.

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HRKatha

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Bumble to trim workforce by 30%, save $40 mn a year

  • Bumble, the Texas-based online dating platform, plans to reduce its workforce by 30% globally, affecting around 240 employees.
  • The company will incur a cost of at least $13 million in severance packages in the third and fourth quarters as a result of the layoffs.
  • Bumble aims to save $40 million annually after the job cuts, which will be used for product and tech development.
  • While the timing and impacted roles have not been officially announced, the reduction process is expected to occur over about a year with potential costs reaching $18 million.

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Hootsuite

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The 10 best AI copywriting tools (free and paid!) in 2025

  • AI copywriting tools are prevalent in 2025, helping marketers with content creation efficiency.
  • Tools like OwlyWriter, ChatGPT, and HubSpot's Content Writer are among the best choices.
  • Different AI tools offer various features from generating posts and summaries to ad copy inspiration.
  • Each tool has its pricing and ideal users, enhancing content creation and productivity.

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Forbes

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5 Things Businesses Will Love About The Chase Sapphire Reserve For Business Credit Card

  • The new Sapphire Reserve for Business card offers high earning rates in select categories like travel, hotels, and flights, with no spending caps or limits.
  • Cardholders can earn 200,000 bonus points after spending $30,000 in the first six months, and enjoy travel perks like $300 in statement credits, lounge access, and credits for prepaid stays.
  • The card provides a suite of travel protections, IHG One Rewards Platinum Elite status, credits for Global Entry or TSA PreCheck, and no foreign transaction fees.
  • Chase Ultimate Rewards offer flexible redemption options, including the ability to transfer points to airline and hotel partners, potentially achieving high redemption values.

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Insider

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CarGurus created a working group for AI experimentation. Employees are buying in.

  • CarGurus launched AI Forward to help employees explore and adopt AI tools.
  • Lead coordinator, Sarah Rich, aims to enhance efficiency and encourage experimentation.
  • The group identifies AI applications, evaluates tools, and offers structured support for learning.

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Forbes

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Why I’m Keeping The Chase Sapphire Reserve In 2025

  • Chase has increased the annual fee on the Chase Sapphire Reserve® to $795 in 2025, but added new benefits and opportunities to save.
  • New benefits include complimentary Apple subscriptions, dining credits, StubHub credits, and airport lounge access with a two-guest allowance.
  • The card continues to offer comprehensive travel protections and now features the Points Boost program instead of the previous 50% bonus for select bookings in Chase Travel.
  • Despite the higher annual fee, the author sees a significant value in the card exceeding the cost, especially with the $1,450 in credits and value expected throughout the year.

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HRKatha

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Disney initiates another round of layoffs amid global restructuring push

  • The Walt Disney Company has begun a new round of layoffs impacting various departments across its global workforce.
  • Departments affected include film and television marketing, casting, publicity, development, and corporate finance.
  • The job cuts are part of Disney's efforts to streamline operations and refocus on streaming services.
  • The cost-saving plan, overseen by CEO Bob Iger, aims to save $7.5 billion after a restructuring process.
  • Unlike previous layoffs, the current cuts are targeted and focused on trimming roles across different units.
  • Disney aims to retain key talent while redirecting resources to high-growth areas like streaming content and technology.
  • The company is adapting to changes in the media landscape and rising production costs.
  • In March 2025, about 200 roles were cut at ABC News and other entertainment divisions.
  • Disney plans to increase hiring in product and technology areas amidst the layoffs.
  • These shifts reflect a long-term transformation to enhance agility, cost-efficiency, and digital growth.
  • The entertainment industry is facing challenges as consumer habits evolve and costs increase.
  • Disney aims to position itself for sustained growth in the competitive entertainment sector.
  • The company is undertaking a strategic overhaul to stay competitive and adjust to changing market dynamics.

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Hootsuite

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What is social AI? The ChatGPT alternative for social marketers explained

  • AI tools are crucial for social media teams, but can lag behind fast social pace.
  • Social AI, like Hootsuite's OwlyGPT, draws real-time social data for strategy-ready insights.
  • OwlyGPT is a social AI tool that understands your brand and offers real-time recommendations.
  • It helps with trend discovery, content creation, sentiment analysis, competitive analysis, and campaign strategy.

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