Search

How to build wealth in your 20s and 30s 07/17/2023 08:00pm • It may feel challenging to build wealth in your 20s and 30s when you're starting your first job and paying your first bills. But the decisions you make and the habits you form when you're starting out can make a big difference in your financial future. Even if you don't have a lot of money to sav 10 years since bankruptcy, Detroit's finances are better but city workers and retirees feel burned 07/17/2023 12:49pm • DETROIT (AP) — Mike Berent has spent more than 27 years rushing into burning houses in Detroit, pulling people to safety and ensuring his fellow firefighters get out alive. But as the 52-year-old Detroit Fire Department lieutenant approaches mandatory retirement at age 60, he says one thing is cle Why allowing Ukraine to ship grain during Russia's war matters to the world 07/17/2023 10:39am • LONDON (AP) — Russia has suspended a wartime deal designed to move grain from Ukraine to parts of the world where millions are going hungry. The Black Sea Grain Initiative, brokered by the U.N. and Turkey, has allowed 32.9 million metric tons (36.2 million tons) of food to be exported from Ukraine 1 in 3 DC consumers say their debt is highest ever (How not to deal with it) 07/17/2023 09:50am • Borrowing costs are at record highs and for consumers carrying debt, that adds to the burden, especially when they're carrying more than ever. A Northwestern Mutual survey found that 32% of D.C.-area consumers said they are carrying close to their highest level of debt ever right now, with credit Kimberly Palmer: What to consider before budgeting with the cash-stuffing method 07/17/2023 09:13am • When Giovanna “Gigi” Gonzalez wanted to cut back on her food spending, the finance expert and money coach applied what is known as the “cash-stuffing” method of budgeting. She put the cash she allotted to food for the week into an envelope and limited her spending to that amount. “I could G20 finance chiefs meeting in India address global challenges like climate change and rising debt 07/17/2023 06:56am • NEW DELHI (AP) — Finance ministers from the Group of 20 nations meeting in India on Monday are poised to address critical global economic challenges, including the threats posed by climate change and rising debt among low-income countries. The finance minister of India, which is hosting the global How to Find a Fixed-Rate Credit Card 07/16/2023 08:00pm • If you carry a credit card balance and can get a low interest rate, you might consider getting a fixed-rate card. But fixed-rate credit cards can be difficult to find and may come with drawbacks. Here's a look at whether these cards might be a good option for you. What Are Fixed-Rate Credit Cards?Mo How to Invest Money to Make Money 07/16/2023 08:00pm • Several behavioral patterns emerge among investors again and again, in my experience as an advisor. One happens with people who understand the need to diversify to reduce risk and, over time, increase the chances of a better return. However, despite that "head knowledge," plenty of those investors s 5 Costly Debt Consolidation Mistakes -- and How to Avoid Them 07/16/2023 08:00pm • Debt consolidation can help you save money on interest and get out of debt faster, but it doesn't always work as planned. In a recent U.S. News survey of consumers who have borrowed a debt consolidation loan, more than a third regret doing so. Nearly as many say their finances haven't improved since How to Retire on $500K 07/16/2023 08:00pm • Whether you can retire on $500,000 depends on myriad factors, including your budget, financial options and ability to be flexible. Taking time to map out a budget and consider costs can help you avoid financial shortcomings later. You might discover you have enough to retire, or you could realize th The Debt Ceiling: What It Is, Why It's Important and How It Affects You 07/16/2023 08:00pm • The federal government was once again teetering on the brink of default this summer, leading to headlines buzzing about the debt ceiling. But you might be wondering what the debt ceiling actually is and how it could affect you. If so, you've come to the right place. What Is the Debt Ceiling?The debt Yellen visits India again to promote closer ties and tackle global economic problems 07/16/2023 02:30am • GANDHINAGAR, India (AP) — On the heels of a trip to Beijing, U.S. Treasury Secretary Janet Yellen is back in India for the third time in nine months, this time to meet finance ministers from the Group of 20 nations about global economic challenges like the increased threat of debt defaults facing Musk says Twitter is losing cash because advertising is down and the company is carrying heavy debt 07/15/2023 07:35pm • Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.” “Need to reach positive c Bargain-hunting Uruguayans are flocking to Argentina as its peso slides. Back home, shops struggle 07/15/2023 12:08am • GUALEGUAYCHÚ, Argentina (AP) — On a recent cross-border shopping trip, four friends from Fray Bentos, Uruguay, visited the nearby Argentine city of Gualeguaychu, where they could afford to live lavishly and snap up eye-popping bargains. Thanks to a huge disparity in the two South American countri Las Vegas police officer found guilty in string of brazen casino heists could get life sentence 07/14/2023 06:19pm • LAS VEGAS (AP) — A federal jury convicted a Las Vegas police officer Friday on all counts of stealing nearly $165,000 during a trio of casino heists, including one where he was armed with a department-issued weapon that was loaded. Caleb Rogers, 35, faces life in prison upon sentencing because he