Good morning, Oklahoma!
Here’s the latest information you need to know today:
Get ready for scorching temperatures in Oklahoma City today, as the mercury is expected to climb to a dangerously hot 103 degrees. Although the heat will ease up slightly in the evening, with a low of 75 degrees, it’s still important to take precautions to stay cool and hydrated during this extreme weather.
On this day in 1998, a significant event occurred in American history. President Bill Clinton made history by becoming the first sitting U.S. president to testify before a grand jury as the focus of an investigation. Following his testimony, he openly acknowledged that his involvement with White House intern Monica Lewinsky had been “inappropriate.” This unprecedented event had a profound impact on the nation and marked a turning point in Clinton’s presidency.
News you can use
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If you only read one thing today:
Apartment firms probed in Arizona operate thousands of units in Oklahoma
Authorities are currently conducting an investigation into nine prominent apartment landlords who are suspected of colluding with a software company to unlawfully increase rental prices in Arizona. Among these landlords are three companies that oversee a total of 39 apartment communities, comprising numerous units, in Oklahoma.
The software company, RealPage Inc., along with 14 D.C. apartment owners and managers, is facing legal action from the District of Columbia attorney general’s office. The allegations involve rent-fixing, which has sparked controversy due to what many perceive as excessive rent increases during the COVID-19 pandemic. President Joe Biden and other critics have strongly criticized this practice.
RealPage assists landlords in implementing a pricing strategy known as “dynamic pricing,” which is also referred to as “surge pricing” or “peak pricing.” This strategy involves charging customers higher rental rates during periods of high demand, with rents being adjusted on a daily basis.
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