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Back-to-school shopping could lead to more credit card debt 08/01/2023 09:19pm • As families hit shopping malls for back-to-school supplies, credit card balances have been rising as a result, according to a new survey from the financial information site CNET Money. High prices are having an impact, with 85% of respondents saying inflation and rising consumer costs would impac Factors to Consider Before Cashing Out a 401(k) 08/01/2023 08:00pm • If you lose your job and have a 401(k) through your previous company, you may have the option of cashing it out. Sometimes employees choose to take the money instead of keeping it in a retirement account. However, before accessing the money, it pays to evaluate your reasons for the withdrawal and th Fitch downgrades US credit rating, citing mounting debt and political divisions 08/01/2023 07:13pm • WASHINGTON (AP) — Fitch Ratings has downgraded the United States government's credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades. The rating was cut Tuesday one notch to AA+ from AAA, the Fitch downgrades its credit rating on the US citing growing debt and ‘deterioration in standards of governance’ 08/01/2023 05:42pm • WASHINGTON (AP) — Fitch downgrades its credit rating on the US citing growing debt and ‘deterioration in standards of governance’. Saudi Arabia to grant Yemen $1.2 billion in economic aid 08/01/2023 04:42pm • SANAA, Yemen (AP) — Saudi Arabia said Tuesday it will grant $1.2 billion in financial aid to Yemen’s internationally recognized government in a bid to bolster the country's struggling economy. Riyadh said in a statement the cash injection is part of Saudi Arabia's ongoing efforts to help stabili Trump's campaign finances are strained as legal peril mounts 08/01/2023 04:17pm • WASHINGTON (AP) — Donald Trump’s political operation entered the second half of the year in a strained financial position with its bank account drained by tens of millions of dollars that were directed toward defending the former president from mounting legal challenges as he seeks the White Hou Editorial Roundup: United States 08/01/2023 02:33pm • Excerpts from recent editorials in the United States and abroad: July 29 The Washington Post on the “humming” U.S. economy For the first time in a while, the nation — and its policymakers — can step out of crisis mode. This is an ideal moment for President Biden and Congress not just to take Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here's what to know 08/01/2023 02:06pm • NEW YORK (AP) — Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports. After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennesse Teamsters say trucking giant Yellow Corp. is ceasing operations, filing for bankruptcy 08/01/2023 01:42pm • NEW YORK (AP) — Troubled trucking company Yellow Corp. is shutting down and headed for a bankruptcy, the Teamsters said Monday. An official bankruptcy filing is expected any day for Yellow, after years of financial struggles and growing debt. Its expected liquidation would mark a significant shift Diana Shipping: Q2 Earnings Snapshot 08/01/2023 09:16am • ATHENS, Greece (AP) — ATHENS, Greece (AP) — Diana Shipping inc. (DSX) on Tuesday reported earnings of $10.4 million in its second quarter. On a per-share basis, the Athens, Greece-based company said it had profit of 9 cents. Earnings, adjusted to extinguish debt, came to 10 cents per share. The 2023's 10 Best-Performing Stocks 07/31/2023 08:00pm • The 2023 S&P 500 market rally continued in July as inflation, as measured by a gauge preferred by the Federal Reserve, fell to its lowest level in nearly two years. Investors are becoming increasingly confident that the Fed can continue to bring down inflation and navigate a soft landing for the 7 Best ETFs to Buy Now 07/31/2023 08:00pm • After a disappointing 2022, many investors were biting their nails as they second-guessed the market's strong start to 2023. But now that we're well past the midway point and the S&P 500 is sitting on year-to-date returns of about 20% through July 31, it's hard to not get excited about this bull 7 Best BDC Stocks and ETFs to Buy for Income 07/31/2023 08:00pm • Income investing is a popular approach that involves buying well-researched assets for their yields. If you put $10,000 into quality stocks that average a 4% yield, you can earn $400 per year in passive income. Finding stocks that average a 5% yield can increase your annual earnings to $500 every ye DeSantis unveils new economic policy that targets China, taxes and regulations 07/31/2023 05:18pm • ROCHESTER, N.H. (AP) — In a new policy plan unveiled Monday, Republican presidential hopeful Ron DeSantis took aim at China with a “Declaration of Economic Independence” that also targets taxes, regulations and “elites” he blames for the nation’s decline. Speaking in a New Hampshire w Beijing has invested $25.4B in Pakistan over the last decade, Chinese vice premier says 07/31/2023 02:47pm • ISLAMABAD (AP) — China has invested $25.4 billion in Pakistan over the past decade for projects ranging from roads to power plants, China's vice premier said Monday, as the two countries celebrated the 10th anniversary of the so-called Belt and Road Initiative. The initiative, also called the Chin