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Frugal Gifts for Mother's Day 05/07/2023 08:00pm • Your mom deserves the best, and you could probably make an argument that you should sell all of your belongings and buy your mother some priceless diamonds. But your mom is also sensible, and she'd probably prefer you look for frugal gifts for Mother's Day. Especially if your mom is a bargain shoppe Black voters backing Biden, but not with 2020 enthusiasm 05/07/2023 05:06pm • COLUMBIA, S.C. (AP) — LaJoia Broughton, a 41-year-old small-business owner, considers herself a fan of President Joe Biden. He’s provided opportunities for Black-owned business while bringing integrity to the White House, she said. Her decision for 2024 is not in doubt. “Biden has proven himse Yellen: 'No good options' if Congress fails to act on debt 05/07/2023 12:55pm • WASHINGTON (AP) — Treasury Secretary Janet Yellen said Sunday that there are “no good options” for the United States to avoid an economic “calamity” if Congress fails to raise the nation's borrowing limit of $31.381 trillion in the coming weeks. She did not rule out President Joe Biden byp Buffett shares good news on profits, AI thoughts at meeting 05/06/2023 06:57pm • OMAHA, Neb. (AP) — Billionaire Warren Buffett said artificial intelligence may change the world but new technology won't take away opportunities for investors and he's confident America will continue to prosper despite its bitter political divisions. Buffett and his partner Charlie Munger spent Biden hopes strong job market means soft landing for economy 05/06/2023 12:33am • WASHINGTON (AP) — For President Joe Biden, the past few days have raised hopes that the U.S. economy can stick a soft landing—possibly avoiding a recession as the 2024 election nears. Most U.S. adults have downbeat feelings about Biden's economic leadership, as high inflation has overshadowed a FAA leader warns of summer travel 'havoc' if GOP cuts pass 05/05/2023 05:32pm • The acting head of the Federal Aviation Administration said Friday that budget cuts approved by House Republicans would cause the agency to furlough thousands of workers and stop hiring new air traffic controllers, making summer air travel worse. The FAA Acting Administrator Billy Nolen said in a le Business Highlights: Resilient US jobs market, Wall St rally 05/05/2023 04:56pm • ___ April hiring gains reflect a still-resilient US job market WASHINGTON (AP) — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates, chronically high inflation and a banking crisis that could April hiring gains reflect a still-resilient US job market 05/05/2023 11:15am • WASHINGTON (AP) — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy. The unemployment rate dipped to 3.4%, match Globalstar: Q1 Earnings Snapshot 05/05/2023 08:05am • COVINGTON, La. (AP) — COVINGTON, La. (AP) — Globalstar Inc. (GSAT) on Friday reported a loss of $3.5 million in its first quarter. On a per-share basis, the Covington, Louisiana-based company said it had a loss of less than 1 cent. Earnings, adjusted to extinguish debt, were 1 cent per share. Th Faster IRS offering better picture on looming debt 'X-date' 05/05/2023 12:15am • WASHINGTON (AP) — That big infusion of cash that Congress approved last year to shape up the beleaguered IRS is having an unexpected side benefit. The funding increase has helped the agency to catch up on processing new and backlogged tax returns. And that, in turn, has allowed federal bean-cou Debt limit deadline looms as Democrats, GOP spar on spending 05/04/2023 08:50pm • WASHINGTON (AP) — Senate Democrats pressured Republicans on the increasingly menacing debt ceiling impasse Thursday, focusing on what they say will be painful reductions in government services if a bill the GOP recently pushed through the House becomes law. Republicans responded that they know the 5 Great Fixed-Income Funds to Buy for 2023 05/04/2023 08:00pm • Looking to lower volatility in a portfolio or produce steady income? Popular alternatives to dividend stocks are fixed-income assets, which pay out a defined stream of income. Commonly, this takes the form of bonds, which are essentially IOUs investors can buy from various entities like governments Money Market Account: What Is It and How Does It Work? 05/04/2023 08:00pm • Money market accounts are back in vogue, and annual percentage yields above 4% on MMAs at relatively low minimum deposit levels are a big driver of that trend. Given Federal Reserve interest rate hikes, which push bank rates up historically, investors expect money market rates to remain at this leve The banking crisis isn’t over. But how bad will it get? 05/04/2023 05:11pm • NEW YORK (AP) — Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares have sold off on Wall Street thi Business Highlights: Regional banks; Simon & Schuster 05/04/2023 05:02pm • ___ Regional bank shares sink in sign crisis not yet over NEW YORK (AP) — Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers that the worst of the recent crisis is over and the banking system remains strong. Shares of smaller regional len