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7 Best Balanced Funds to Pick Right Now 06/17/2024 08:00pm • The applications of Modern Portfolio Theory and its findings on diversification have led to the proliferation of balanced funds. A common example you're likely familiar with is the "60/40" portfolio, which consists of 60% stocks and 40% bonds. "A balanced fund is a diversified investment fund that p Which Generation Has the Most Wealth? 06/17/2024 08:00pm • Owning more than you owe is the initial step toward achieving economic security. As your net worth escalates, so does your wealth. On an individual level you have considerable control over your money, from how much you earn and borrow to the amount you save and invest. Despite pandemic-related setba What Is a Credit Report? 06/17/2024 08:00pm • A credit report is essentially a financial report card that outlines how well you have managed debt. When you apply for a loan, lenders typically review your credit history to assess how risky it is to lend you money. Or a landlord might review your credit report when you apply for an apartment. Und Even if Medical Debt Isn't on Your Credit Report, It Can Drag Down Your Credit 06/17/2024 08:00pm • The Consumer Financial Protection Bureau proposed a new rule on June 11 that would ban unpaid medical debt from appearing on credit reports. The proposal is open to public comment and has not been finalized, though it would likely take effect in 2025. The rule would aim to close a regulatory loophol How to Prepare for Dramatically Higher Federal Student Loan Interest Rates 06/17/2024 08:00pm • When federal student loan interest rates increase again in July 2024, undergraduate students taking out direct loans for the 2024-2025 academic year will see some of the highest rates in over a decade. Meanwhile, graduate and professional degree students and parents taking out direct Grad PLUS or Pa Robo Advisor vs. Online Financial Advisor: What's the Difference? 06/17/2024 08:00pm • Robo advisors appeared on the financial advising scene roughly 15 years ago to offer fee-conscious individuals access to well-crafted investment portfolios. In U.S. News' ranking of the best robo advisors for 2024, the methodology relied on some of the factors that matter most to investors, such as 10 Things to Do if Your Identity Is Stolen 06/17/2024 08:00pm • U.S. adults lost more than $23 billion to traditional identity fraud in 2023 and spent an average of 10 hours trying to resolve the problem, according to the 2024 Identity Fraud Study from Javelin Strategy & Research. Those losses represent a 13% increase from the previous year and don't include New Jersey power broker is charged with racketeering in waterfront redevelopment case 06/17/2024 07:46pm • TRENTON, N.J. (AP) ��� New Jersey Democratic power broker George E. Norcross III was charged Monday with operating a racketeering enterprise, threatening people whose properties he sought to take over, and orchestrating tax incentive legislation to benefit organizations he controlled. Norcross, sea A woman may be freed after 43 years for a grisly murder. Was a police officer the real killer? 06/17/2024 04:16pm • A Missouri woman has spent 43 years in prison for a grisly 1980 murder that her lawyers say was actually committed by a police officer with ties to the murder scene. Now, Sandra Hemme is waiting to learn if she���ll regain her freedom, after a judge overturned her conviction last week. He ruled Hemm Accused lookout in James 'Whitey' Bulger prison killing pleads guilty, gets no additional time 06/17/2024 01:38pm • CLARKSBURG, W.Va. (AP) ��� The man accused of acting as lookout during the prison killing of notorious Boston gangster James ���Whitey��� Bulger won���t serve additional prison time after pleading guilty Monday to a charge of lying to federal agents. Sean McKinnon, wearing shackles, was hugged by bo Scooter Braun says he���s no longer a music manager, will focus on Hybe duties and his children 06/17/2024 01:15pm • NEW YORK (AP) ��� Scooter Braun, one of the most recognizable names in the music business known for representing artists like Justin Bieber and Ariana Grande, will no longer work as a music manager. On Monday, the executive and entrepreneur announced the news on his Instagram page. Instead, he will Seattle Sounders and investment firm Carlyle finalize acquisition of NWSL's Seattle Reign 06/17/2024 08:24am • The Seattle Sounders and international investment firm Carlyle have finalized their deal to acquire the Seattle Reign of the National Women's Soccer League. The OL Groupe, the holding company that owned eight-time French champion Lyon, announced in March it had agreed to sell the team to the Major L China keeps lending rate unchanged as data show housing market is still struggling 06/17/2024 06:14am • BANGKOK (AP) ��� China's central bank kept a key lending rate unchanged on Monday, choosing not to loosen credit as data for May showed signs of persisting weakness in the world's No. 2 economy's manufacturing and real estate sectors. The central bank kept its rate for 1-year medium-term lending fa The high cost of living is still biting the UK. Many don't think the election will change anything 06/17/2024 12:09am • LONDON (AP) ��� Dominic Watters watches his gas and electricity meter like a hawk. He topped it up a few days ago, but now there���s just 1.85 pounds ($2.40) of credit left. That may determine what kind of dinner he and his teen daughter get tonight, he says. Watters, a campaigner for better access What Is Budget Counseling -- And Do You Need It? 06/16/2024 08:00pm • It can be challenging to keep your finances in check, particularly with an unpredictable economy, inflation and rising household expenses. Budget counseling could be the answer to get in a better position to manage your money. Read about what it is and how to decide if you need it. What Is Budget Co