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Defiant Delve Lashes Out Against Fraud Allegations



Compliance company says whistleblower claims of fabricated security certifications are the work of “a malicious actor.”

Rocket leads UWM in 2025 HMDA loan count, trails in volume


Rocket Mortgage and United Wholesale Mortgage waged another fight over who would be the market leader in 2025 and appear to have ended the year with a split decision.

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While UWM held onto a healthy lead in terms of dollar volume, Rocket inched ahead and became No. 1 based on loan count, according to Polygon Research’s analysis of modified loan application register data from Home Mortgage Disclosure Act reports.

Rocket reported producing 429,332 loans in 2025 with a 6.33% market share, compared to 422,120 and 6.25%, respectively, at UWM. The wholesale lender had 366,078 loans and a 5.95% market share a year ago, when Rocket’s comparable numbers were 361,000 and 5.87%.

“We see a different leaderboard by number of originations,” Lyubomira “Val” Buresch, founder and CEO of Polygon Research, said in an interview about 2025’s numbers.

What differentiated Rocket and UWM

“There are two distinct strategies for the top two lenders that are contending for the No. 1 position,” Buresch added.

United Wholesale focused on homebuyer loans, while Rocket had higher volumes of cash-out refinances and second liens. Purchase loans made up over half of United Wholesale’s volume.

UWM easily surpassed Rocket based on dollar volume given its focus on purchase loans that typically have higher balances than cash-outs or seconds. Its loan volume was $164.32 billion and it had a 7.69% market share, compared with $116.16 billion and 5.44% at Rocket.

Rocket’s data for last year might not reflect the full impact of its Mr. Cooper acquisition, which closed Oct. 1, 2025. There is often a lag between when a deal closes and two companies’ numbers get combined for HMDA purposes, Buresch noted.

Mr. Cooper, which has reported into HMDA under its original Nationstar name, ranked 23 as an originator in 2025, according to Buresch.

Previous HMDA analyses by NMN and iEmergent based on 2024 data had suggested that Mr. Cooper and other acquisitions would not be enough to move Rocket ahead of UWM, so the former’s 2025 loan count win likely reflects some organic growth.

Broader trends in HMDA data

The top 10 players controlled nearly one-quarter or more than 24% of the originations in 2025, according to Buresch.

Overall HMDA numbers do include some multifamily loans, which tend to have larger balances. So the loan count figure is generally a better indicator of the leaders in the single-family market.

Removing the multifamily component to focus on single-family does not change the composition of the top 10 much, other than to move No. 6-ranked nonbank LoanDepot up a notch to take JPMorgan Chase’s position, Buresch said. 

Several institution types report into HMDA, with the strongest loan count growth coming from nonbanks last year at 15%. Banks’ loan counts were up 5%.

Primary mortgage growth ran at a rate around 10% last year, with subordinate liens up 9.2%.

Overall, last year’s HMDA numbers show overall originations rose to 6.8 million from 6.25 million in 2024 with a decrease in the denial rate to 22.5% from 24.3%, according to a separate RiskExec HMDA analysis. 

HMDA data available so far for 2025 contains more than 13.5 million records from more than 4,760 respondents. In 2024, there were 12.1 million records from around 4,900 respondents.



$1 Million Now or a Penny Doubled Every Day? The Surprising $5.3 Million Choice Most People Get Wrong


Image source: Shutterstock. Pile of pennies indicative of compound interest.

At some point, you may have seen the question, “Would you rather have a penny that doubles each day for a month or 1 million dollars?” You may be wondering whether the option you’d instinctively choose is the best option. Fortunately, you can figure it out with a little math. If you had to pick between a penny that doubles each day for a month or 1 million dollars, here’s what you need to know.

A Penny That Doubles Each Day for a Month or 1 Million Dollars

The challenging question about which option you’d take is actually based on an Indian fable. The “One Grain of Rice” fable – as it’s was popularized by the author Remi – involves a raja who was keeping rice from his people. A village girl saw rice falling that was supposed to head to the raja, and, in return for her good deed of collecting it and giving it to the raja, she was offered a reward.

The girl initially asked for one grain of rice. When the raja scoffed, she altered her request to one grain of rice that doubles each day for thirty days. The raja accepted, only to discover that the end sum was quite sizeable.

In many cases, a person’s first instinct when asked to choose between a penny that doubles each day for a month or 1 million dollars is to take the million. Mainly, it’s because $1,000,000 and $0.01 are so vastly different, making it appear like the penny option couldn’t catch up.

However, by going with the penny instead, you actually come out dramatically ahead. Here’s the full breakdown by day:

Day 1 – 10

1 $0.01
2 $0.02
3 $0.04
4 $0.08
5 $0.16
6 $0.32
7 $0.64
8 $1.28
9 $2.56
10 $5.12

 

Day 11 – 20

11 $10.24
12 $20.48
13 $40.96
14 $81.92
15 $163.84
16 $327.68
17 $655.36
18 $1,310.72
19 $2,621.44
20 $5,242.88

 

Day 21 – 30

21 $10,485.76
22 $20,971.52
23 $41,943.04
24 $83,886.08
25 $167,772.16
26 $335,544.32
27 $671,088.64
28 $1,342,177.28
29 $2,684,354.56
30 $5,368,709.12

Ultimately, choosing the penny leads to more than five times the million-dollar alternative – a total of 5.3 million. Many consider this a lesson of the power of investing and long-term monetary growth, showing just what could happen if you make sure that your money is working for you.

Why The The Penny Lesson Matters in Today’s Economy

The exponential explosion in the penny riddle isn’t just a math trick—it’s how compound growth works in real investing and saving. The early days feel painfully slow (just like pennies adding up to only $1 or $5), but the later stages deliver much larger gains because your earnings start earning earnings.

Here’s what that looks like with actual money in 2026:

  • High-yield savings accounts are currently paying up to 3–4% APY (far above the national average of ~0.4%). Start with a modest $5,000 in one of the top online accounts, and let it compound. Over 30 years, that alone can grow significantly—without adding another dime—thanks to interest compounding.

  • Consistent small investments beat waiting for a windfall.  Consider two people:

    • Person A invests just $100–$200 per month starting in their 20s or 30s into a low-cost S&P 500 index fund (which has delivered average annual returns around 10–15% over the past decade, including dividends).
    • Person B waits for a big bonus or “perfect time” and starts much later.

    The early starter often ends up with far more, even if they invest less total money. For example, contributing $250 monthly at a conservative 7% average annual return can build a nest egg worth hundreds of thousands by retirement—much of it coming from compounding rather than new deposits.

  • Starting early creates dramatic differences. A young adult who puts away $1,000 today and lets it ride at historical stock market returns (around 10% long-term average) can see it multiply many times over decades. Add regular contributions, and the effect snowballs—just like the penny crossing $1 million late in its 30-day run.  In fact, many, many americans have become millionaires by doing this consistently.

With inflation still a factor (forecasts for 2026 between 3% and 5%) and market volatility from economic shifts—the penny question reminds you to focus on starting small, staying consistent, and giving your money time to double (and re-double) repeatedly.

If you had to choose a penny that doubles each day for a month or 1 million dollars before reading the article above, what would you have chosen? Are you surprised that the penny puts you ahead, or did you already know that was the case? Share your thoughts in the comments below.

Read More Great Saving Advice Articles Here:

  • Dollar Cost Average Your Way to a Million Dollars
  • Habits That Make You Rich
  • 5 Countries You Can Live Off the Interest of $1 Million Dollars
  • What Are the Common Traits of Millionaires?
  • Seventeen Bills In Your Wallet Worth More Than Face Value

Editors Note: Artificial intelligence was used to generate portions of this article.  The entire article was reviewed and edited by a real person.  The opinions here are our own.

Photograph of James Hendrickson
James Hendrickson

James Hendrickson is an internet entrepreneur, digital publishing junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.

www.dinksfinance.com

WGU Business Management Degree – Graduate in 6 Months!



Get your WGU Business Administration: Business Management degree in just six months! Join me as I discuss the easiest and quickest way to complete this popular degree. I’ll show you how to transfer credits, what classes at WGU are difficult, and graduate in no time. Don’t miss out, subscribe now!

UniBoost Mobile App 2.5 for iOS and UniBoost App for Windows 11 & MacOS has NOW LAUNCHED! Graduate Any WGU Degree Faster with suggested ACE transfer paths before enrolling into WGU (get over half your degree done before you even enroll), and the Community Resources feature which links to external third-party curated resources like reddit searches to see how users passed certain courses (what they studied, steps they took, etc).

UniBoost iOS App ($39 for Premium):

UniBoost Windows 11 & MacOS App 35% Off ($39):

UniBoost Website:

The iOS Mobile App comes with a Full Transfer Path centered around Sophia Learning as requested by the community but uses courses from all three platforms to prevent platform fatigue. These Paths are the fastest ACE Transfer Paths possible according to my audience (87% of my audience voted Sophia as the fastest platform).

The app also has a WGU Community Resources Premium Feature (which features a button that links to Reddit Threads, Reddit Search, Search for Quizlet Flashcards, or UniBoost Study Guide per every course). The Premium is now only $39 for a Limited Time, down from the $60 from UniBoost 1.0. $21 less and way more features than ever before. No subscription, one-time purchase.

Don’t have iOS? Get the UniBoost App for Windows 11 & MacOS for 35% Off, also currently $39 (original price $60). I recommend the iOS App’s $39 Premium, but if you don’t have iOS, or just prefer a computer, the UniBoost Windows 11 & MacOS App offers the same features and is effectively the same application as the iOS App with Premium Purchased.

iOS App Premium and MacOS/Windows 11 Apps are only $39 for a Limited Time Only. And are separate purchases.

All Programs updated for 2026!

Thank you all SO much for supporting me on this journey!

Want Free Transfer Spreadsheets? Use my website Major Mash below.

Major Mash is an index website that I made that provides information on ACE Credits (Study.com, Sophia, StraighterLine) and schools that accept their credits such as Western Governors University. It has a variety of spreadsheets which shows which ACE Credit Courses will transfer into that degree program. See which courses you need for your major and track your progress easily!

WGU Transfer Spreadsheets:

Spreadsheets below are outdated. For updated Transfer Plans, download the UniBoost desktop app at or find the latest Transfer Spreadsheets at

Business Management:

Accounting:

Computer Science:

These videos are for entertainment purposes only and they are just Alex’s opinion based off of his own life experience and the research that he’s done. Alex is not an attorney, CPA, insurance, or financial advisor and the information presented shall not be construed as tax, legal, insurance, safety or financial advice. If stocks or companies are mentioned, Alex might have an ownership interest in them. Affiliate links may be present, the offers and numbers presented may change over time so please make sure to confirm that the offer is still valid. Some offers mentioned may no longer be available or they have been changed. Please don’t make buying or selling decisions based on Alex’s videos. If you need such advice, please contact a qualified legal/licensed professional.

source

Why inKind Is the Best Dining Hack You’re Not Using Yet


inKind App Review 2026: The Ultimate Dining Hack

In the world of credit card points and dining rewards, we often talk about “stacking” to get the most value. But if you aren’t using inKind, you’re missing out on one of the easiest ways to at least get 20% off your restaurant bills without ever feeling like a “coupon clipper.” And yes, that’s the minimum that you can save.

InKind is a unique dining app available in major hubs across the country, from San Francisco to Miami. It works differently than typical rewards programs. inKind provides upfront capital to top-tier restaurants or restaurant chains in exchange for food and beverage credit, which they then sell to us at a discount. For the diner, the experience is incredibly seamless. You link your preferred credit card, dine as usual, and pay the check directly in the app. No vouchers, no QR codes on the table—just a discreet, digital checkout that earns you an automatic 20% back in credit for your next meal. And it’s even quicker than handing over your credit card, and then waiting for the receipt so you can enter the tip amount and sign.

While the app is expanding nationwide, it’s worth noting that your experience will vary by location. They have over 4,200 6,200 partner locations and in major metropolitan areas, the selection is massive—ranging from Michelin-starred fine dining to chains such as Baregurger Buffalo, Wild Wings and California Pizza Kitchen, to local coffee shops and ice cream parlors.

I use the app constantly in New York City, where there are plenty of partner establishments. However, keep in mind that if you are in a smaller city, the selection might be significantly smaller, so it’s always worth checking the “Explore” map before you sign up and when deciding where to eat or grab a drink.

inKind App Review 2026

Stacking Discounts

The real “pro move” with inKind is taking advantage of their frequent promo codes and discounted gift cards. In my experience, especially in a competitive market like NYC, the app is incredibly generous with targeted offers. It’s common to see “Spend $50, Get $25” deals for both new and existing users, or even “Restaurant Week” bonuses ($20 off $60, or $15 off $45) that stack on top of some other discounts. You can also split the bill, so if you and your partner both have the app, you can each use a $25 off $50 promo code on the same dinner. So you’re paying $50 for a night out that would have cost $100.

These promo codes can be stacked with your gift card balance. Let’s take a $100 dinner as an example again. You use a $25 off $50 offer and then you pay the remaining balance of $75 with inKind gift cards that you purchases at a 35% discount. That’s $48.75 out of pocket, or just over half off your dinner.

To make things even better, some restaurants are also part of Resy. That means that when you charge the tip on your Amex Gold or Amex Platinum cards, it may trigger the Resy credit.

food dining restaurant dessert

Signup Bonus

inKind offers new users a $25 discount when they dine for the first time at a participating restaurant, and pay a bill of $50 or more through the app.

There’s also a referral bonus of $25 credit for every person you refer. So if you’re in a 2-player mode, you sign up and get $25 off $50. Then refer your P2 and get a $25 credit. And your partner gets $25 off $50 as well. That’s a whole lot of savings. And it gets even better if you invite more friends to join.

If you have yet to sign up, you can buy me a drink by using my referral link. 

Guru’s Wrap-up

InKind is a rare “win-win” in the travel and dining space. It offers high-end dining experience at a fraction of the cost. If you’re in a major city, it’s a total no-brainer to have this on your phone. If a restaurant is on inKind then even without promo codes you will get back 20% in dining credit just for paying through the app.

It can also be a great addition to your travel hacks as popular travel destinations usually have a good selection. Many frequent travelers can get free breakfast at their hotels, the other meals can get expensive quickly in a major city.

Just a word of caution: inKind credits earned from the 20% back do expire (usually about two months after the month they were earned), so don’t hoard them. Use your rewards as you go, keep an eye out for those promo codes or discounted gift cards, and enjoy the easiest discount in the dining game.

I have been using inKind for a while now and I never thought they would be around for this long, considering the discounts they hand out. But they’re still here, so don’t miss out!

Let me know if you use inKind.

Unlocking AGMs: From Votes to Voice in Asia-Pacific


Because of their legacy and major differences in organic evolution, the markets in the APAC region present a complex corporate governance landscape. Company ownership structures are often concentrated, legal and regulatory frameworks vary, and language diversity adds layers of complexity. Even though AGMs are essential to investor protection in APAC, they vary widely in terms of access, timeliness and availability of disclosures, and attendance logistics with respect to convenience and cost, creating uneven participation and significant negative impacts on accountability. Investors cannot take for granted basic conditions or hygiene factors when it comes to AGMs: Late or compressed notice periods, limited Englishlanguage disclosures in some markets, and barriers to attending or speaking opportunities at AGMs remain common.

The impact varies depending on where shareholders stand with respect to their holding in a company. For example, many institutional investors stay away from AGMs by choice because they prefer to engage behind the scenes. Also, in many markets, retail investors often struggle to be taken seriously. Majority‑shareholder dominance can further dilute minority voice. If voting outcomes are predetermined, investors see little value in participating because of low returns on stewardship efforts.

Yet it is not all gloom and doom, and in some markets, reform energy is building. Japan’s decadelong governance evolution and South Korea’s “valueup” campaign have intensified scrutiny of capital efficiency, board accountability, and shareholder rights. In India, investors have become vocal on resolutions pertaining to seemingly disproportionate compensation increases for executive directors and senior management. In Malaysia, some nongovernment and not-for-profit entities are doing an excellent job at educating investors on what they should focus on in AGMs. These developments lead to optimism that it is possible to make structural progress and recalibrate AGMs across the region — transforming them from mere “ticking-the-box” compliance exercises into meaningful stewardship touchpoints and deeper, fruitful engagement.

In 2013, CFA Institute published the seminal report “Shareowner Rights Across the Markets,” a comprehensive reference guide to help investors understand and compare shareowner rights across 28 global markets, highlighting the importance of active ownership, including the exercise of shareowner rights for the purpose of value protection and creation. This report was followed in 2020 by “Stewardship 2.0,” in which CFA Institute called for outcomefocused stewardship codes, asset owner leadership, and integration of material environmental, social, and governance (ESG) factors.

This current research extends the principles of those previous reports into further review and practice. By applying those principles, as well as the most up-to-date practices, to AGMs, we seek to identify where AGM design and conduct either enable or frustrate effective stewardship, and we offer stakeholderspecific actions to enhance performance and produce balanced outcomes.

Trump warns Iran it has 48 hours left as airman remains missing



President Donald Trump said Saturday that time was running out on his 10-day deadline for Iran to make a peace deal with the US and threatened that the Islamic Republic would face “all hell” in 48 hours.

“Remember when I gave Iran ten days to MAKE A DEAL or OPEN UP THE HORMUZ STRAIT,” Trump said in a social-media post the day before Easter. “Time is running out — 48 hours before all Hell will reign down on them. Glory be to God!” 

Trump had extended a five-day deadline to April 6 as preliminary discussions for peace talks got under way in late March. As attacks intensified from all sides, including Iran’s downing of two US military aircraft, Trump’s rhetoric has hardened from his recent attempts to find a way out of the growing conflict.

Trump has warned that if Iran doesn’t agree to his terms — which the government has rejected — and open the Strait of Hormuz to all shipping traffic out of the Persian Gulf, the US would bomb the country’s civilian energy infrastructure, strikes that would likely constitute a war crime under international law.

Missing Pilot

In Iran, the US continued search-and-rescue operations for a crew member from an F-15E fighter jet shot down by Iran on Friday, as Tehran kept up attacks on Gulf Arab states and Israel.

A second US combat plane reportedly crashed in the Persian Gulf the same day. The incidents mark a significant blow for Washington as the war enters its sixth week with energy prices risingand little sign of an end to the conflict.

Read More: US Deploys Bulk of Stealthy Long-Range Missile for Iran War

Trump declined to discuss the search-and-rescue operations in an interview with NBC News on Friday. He said the events wouldn’t affect any peace negotiations with Iran, according to a reporter who spoke to him on a call.

On Saturday, Iran said US-Israeli strikes hit petrochemical plants and forced the evacuation of a large industrial zone. Other attacks targeting the perimeter of Iran’s Bushehr nuclear power plant left one security staff member dead, Iran’s semi-official Tasnim news agency reported. The main sections of the facility, where Russia’s state nuclear company Rosatom has workers, were unaffected, Tasnim said.

Iran continued to fire missiles and drones across much of the Middle East. Dubai authorities reported that debris from an aerial interception fell on the facade of an Oracle Corp. building in Dubai Internet City on Saturday morning. They also reported debris hitting a building in the nearby Dubai Marina area. No fire or injuries were reported.

Iran fired more missiles at Israel. There was damage to a parking lot in Tel Aviv and to buildings in several outlying towns, authorities said, describing the impacts as caused by debris from interceptions. There were no immediate reports of casualties.

The downing of the US jet came despite Trump’s claim in a primetime address on Wednesday that Iran no longer had anti-aircraft equipment. His military commanders, as well as Defense Secretary Pete Hegseth, have previously touted US air superiority over Iranian territory.

It’s the first known combat loss of a US or Israeli plane since the two countries began attacking Iran on Feb. 28. Three US aircraft were downed by friendly fire in Kuwait early in the war, while others have been destroyed or damaged at airbases by Iranian drones and missiles.

Read More: Iran Says Iraqi Ships Are Allowed to Use Strait of Hormuz 

The US rescued one of the F-15 crew members, according to an American official who asked not to be identified discussing sensitive information. The status of the second person is unclear and Iranian media said Tehran offered a reward of about $66,000 to citizens who capture the person alive.

The lone pilot of the second plane — an A-10 Warthog — was safely rescued, the New York Times reported.

Read More: Italy’s Meloni Visits Doha to Bolster Energy Supplies Hit by War

Iran Hits Energy Plants

Iran has continued to hit key energy infrastructure in the past two days.

The UAE’s largest natural gas processing facility, Habshan, suspended operations after debris from a projectile interception sparked a fire. A drone attack set ablaze Kuwait’s Mina Al-Ahmadi oil refinery, which can process almost 350,000 barrels a day of crude.

The United Arab Emirates, of which Dubai is a member, said it detected 79 projectiles fired from Iran on Saturday, including 23 ballistic missiles. That was the highest number of projectiles since March 8, according to data published by UAE authorities, and continued a trend of more numerous attacks over the last three days.

The UAE, like other Gulf states and Israel, has intercepted the vast majority of Iranian attacks.

Israel’s military said it hit air defense sites and missile storage facilities in a wave of airstrikes on Tehran on Friday. Iran said US-Israeli strikes hit a petrochemical zone in Mahshahr, in the southwestern Khuzestan province on Saturday. Authorities ordered the evacuation of all personnel and said any potential pollutants don’t pose a risk to nearby cities, the semi-official Fars news agency reported.

Peace Efforts Stall

Iran has shown little sign of accepting Trump’s demands for peace and has laid out its own conditions — most of them unacceptable to the US and Israel.

The New York Times, citing US intelligence reports, said Iranian personnel have been digging out underground missile bunkers and silos struck by American and Israeli bombs and returning them to operation hours after attacks. That casts doubt on the US and Israel’s ability to destroy Iran’s missile capability — one of their key war goals.

Despite Trump’s weekend threat, the president signaled this week he may be willing to pull US forces out of the conflict in two to three weeks, even if the Strait of Hormuz is still effectively shut.

Read More: HORMUZ TRACKER: Weekly Transits Reach Highest Since War Began

US allies are stepping up efforts to ensure the waterway — through which one fifth of the world’s oil and liquefied natural gas supplies normally flow — is reopened soon.

Iran’s military said Saturday that Iraq would be exempt from shipping restrictions in the trait, opening the potential of as much as 3 million barrels a day of Iraqi oil cargoes.

More than 40 of their foreign ministers met virtually on Thursday to discuss plans, signaling to Trump their concern about the closure.

On Saturday, Turkish President Recep Tayyip Erdogan said in a social media post that he spoke by phone with Mark Rutte, secretary-general of the North Atlantic Treaty Organization saying the situation was heading for a deadlock and “urged the international community to step up efforts to end the war.”

The group, convened by the UK, was clear that any ceasefire talks with Iran needed to include a solution for Hormuz, people familiar with the discussions said. Still, the meeting, which the US and Iran were not part of, showed the coalition of countries deem it necessary to prepare for having to reopen the strait without Washington.

Nations such as France and the UK have said military options are unlikely to work until there’s a ceasefire.

Bahrain, supported by Jordan and Arab Gulf states, is proposing a United Nations Security Council resolution aimed at helping re-open Hormuz, according to the UAE. It would provide “a clear legal basis for all states to mobilize and support safe passage,” the UAE said in a post on X.

It’s unclear when a vote on the resolution will take place. 

Russia, an Iranian ally, pushed back on the initiative, with Foreign Minister Sergei Lavrov saying it would “legitimize aggression against Iran.” The comments signal Moscow may use its veto power, as one of five permanent members of the Security Council.

Ships Trickle Through Strait

Iran appeared to tighten its grip on the strait on Thursday, when its media reported that the government is drafting a protocol with Oman to monitor traffic. That would require shippers to pay tolls to Iran, according to its deputy foreign minister. 

The passage is officially in international waters and any attempt by Iran to assert control over traffic will be opposed strongly by Western powers and Gulf Arab states.

A trickle of ships is managing to pass through. A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz in the past two days, in what appear to be the first such transits since the war in Iran shuttered the crucial waterway.

The energy shock, which has seen gasoline pump prices in the country jump to more than $4 a gallon on average carries political risks for Trump and his Republican Party in the November midterm elections.

US benchmark oil prices, or WTI futures, closed at more than $111 a barrel last week and have almost doubled this year.

More than 5,000 people have been killed in the conflict, almost three-quarters of them in Iran, according to government organizations and the US-based Human Rights Activists News Agency. Just over 1,300 people have been killed in Lebanon, where Israel is fighting a parallel war against Iran-allied Hezbollah.

Ryanair CEO says book summer trips before fares soar, despite risk of fuel crunch canceling flights



 If the U.S.-Israel war on Iran continues into the summer, then airlines will start running out of jet fuel and will be forced to trim flights, according to Ryanair CEO Michael O’Leary.

In an interview Thursday with the U.K.’s ITV News, he said carriers will be in an “unknown scenario” if the Strait of Hormuz stays closed for two to three more months, warning 5%-10% of flights in May, June, and July might have to be canceled.

By that point, O’Leary added airlines won’t be able to choose which flights to cancel, explaining that they will get little advance notice and it would depend on how much jet fuel each airport still has available.

“So we will then look around, and we will be trying to ground one or two aircraft and minimize the inconvenience for customers,” he said. “But it’s going to be difficult. It’s going to be challenging.” 

Despite the risk of cancellations, O’Leary said he would “strongly advise” that anyone planning a trip this summer book as soon as possible, before airfares get pricier.

In fact, jet fuel prices have soared even higher than gasoline prices have as the Iran war has not only bottled up one-fifth of the world’s oil supply but a big chunk of the refining capacity that churns out jet fuel.

The U.S isn’t immune either, and top airport hubs like Chicago, Houston, Los Angeles and New York have seen the average price for a gallon of jet fuel hit $4.88 per gallon, nearly double compared to the prewar price.

As a result, more airlines are hiking fees for checking luggage, and United Airlines is bracing for a prolonged war that sends oil as high as $175 a barrel and is making contingency plans that include reducing capacity.

When asked if booking a flight now would be a gamble given the possibility that a flight may not exist this summer, O’Leary replied he doesn’t think so.

“Life is a gamble,” he added. “I think we’re looking at maybe the risk to 5 or 10% of cancellations in June or July, but 95-90% of flight will still operate. So I think you’re really not taking much of a gamble. I would be much more concerned if you delay your booking, that actually you and your family will be paying much higher prices.”

O’Leary acknowledged that travelers who face canceled trips wouldn’t be able to get refunded as airlines could claim circumstances beyond their control.

But he pointed out anyone flying within Europe won’t be stranded and is entitled to have airlines reroute a trip or get them back home.

“At Ryanair, we have lots of flights on a daily basis. We will re-accommodate you, get you back, get you out, whatever it’s going to be,” O’Leary vowed. “You might be stuck for a day or two. But if you’re staying within Europe, you should be reasonably confident that, A, your original flight will operate and, B, if there is a disruption, bear in mind there’ll be far more disruptions this summer from French air traffic controllers not showing up to work.”

A US housing market recovery could hinge on one word: Iran


Mortgage rates have shot upwards, rising above 6.5% last week according to the Mortgage Bankers Association (MBA), while economic uncertainty and higher oil prices are keeping many potential homebuyers on edge.

The prospect of another several weeks of war, then, is bad news for the housing and mortgage markets. But while the short-term picture is grim, mortgage professionals see better days ahead if the conflict does wrap up before the middle of the year.

“It all depends on [Iran] right now,” Loan Factory chief executive officer Thuan Nguyen (pictured top) told Mortgage Professional America. “Because of the war, we’ve seen the rates jump so high. And it’s already getting worse out there. Rates are so high, and business is slowing down.

“But for me and my company, we always look at the long term. And in the long term, rates are going to drop and people are going to refinance. In the long term, people will have to keep buying and selling houses. So it won’t affect our business.”

Continuing war ‘is going to slow everything down’

The conflict is currently stirring fears of an inflation uptick and persistent higher oil prices, a crisis that’s likely to worsen if a ceasefire remains out of reach and the Strait of Hormuz – a crucial oil passage that’s been blocked for weeks – stays shut.

[KS, MO, AR, OK & NE] Equity Bank $400 Checking Bonus


Update 4/4/26: New code BLOOM extends it to 6/30/2026. There is also a $200 bonus that doesn’t require a direct deposit. Hat tip to reader Pickle Rick

Offer at a glance

  • Maximum bonus amount: $400
  • Availability: KS, MO, AR, OK, possibly NE as well as they acquired Frontier Bank. Seems possible in branch but not online?
  • Direct deposit required: $1,000+ within 45 days 
  • Additional requirements: See below
  • Hard/soft pull: Unknown
  • ChexSystems: Unknown
  • Credit card funding: Can fund up to $2,500 with a credit card
  • Monthly fees: None
  • Early account termination fee: Unknown 
  • Household limit: One
  • Expiration date: March 31, 2026

The Offer

Direct link to offer

  • Equity Bank is offering a $400 bonus when you complete the following requirements:
    • Open a new Checking and Savings account – Use code BLOOM in person or online
    • Receive $1000 in qualifying direct deposits within 45 days of account opening 
    • Activate and use your Equity Bank debit card within 45 days of account opening 

The Fine Print

  • Gold Bonus Offers are available for a limited time and may be canceled without notice. Promotion is available from January 1, 2026, to March 31, 2026.
  • One Gold offer permitted per household, available for new Frontier Bank and Equity Bank households only, and subject to review and approval.
  • A new Frontier Bank and Equity Bank household for the Gold Bonus Offer is defined as applicant(s) not linked as an owner to an open Frontier Bank or Equity Bank consumer checking, savings or Money Market account within the past 180 days.
  • The incentive may be paid for opening both a new checking and savings account during the promotion period.
  • Incentive amount will be directly deposited into the customer’s qualifying checking account after approximately 45 days of account opening, assuming all qualifications are met.
  • To qualify for offer, customer must (1) open and fund both a new checking and savings account no later than March 31, 2026, (2) maintain Frontier Bank or Equity Bank accounts in active and good standing at time of incentive payment,
  • (3) receive a minimum of $1000 in combined qualifying direct deposits into the new checking account within 45 days of account opening;
  • (4) activate and use Frontier Bank or Equity Bank debit card within 45 days of account opening; an
  • (5) When opening accounts online, enter “Gold” under “Enter Promotional Code.”
  • If customer opens the accounts at an Equity Bank location, mention “Gold” offer at time of opening.
  • Promotion not available to current employees and employee household members of Equity Bancshares, Inc. or its subsidiaries.
  • Customer will be issued a 1099-INT form for tax value of the incentive amount.
  • Minimum $100 deposits may be required to open Frontier Bank and Equity Bank checking account.

Avoiding Fees

Monthly Fees

Simply free checking has no monthly fee

Early Account Termination Fee

There is no EATF according to the fee schedule.

Our Verdict

Previously there was a $200 bonus that didn’t require a direct deposit. Think this is worth doing if eligible, share your experiences in the comments below. 

Hat tip to reader Bockrr

Useful posts regarding bank bonuses:

  • A Beginners Guide To Bank Account Bonuses
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  • Introduction To ChexSystems
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