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Howard University's medical school to receive $175 million from Bloomberg Philanthropies 08/06/2024 01:10pm • NEW YORK (AP) — Michael Bloomberg's organization Bloomberg Philanthropies committed $600 million to the endowments of four historically Black medical schools to help secure their future economic stability. Speaking in New York at the annual convention of the National Medical Association, an org PRA Group: Q2 Earnings Snapshot 08/06/2024 07:33am • NORFOLK, Va. (AP) — NORFOLK, Va. (AP) — PRA Group Inc. (PRAA) on Monday reported second-quarter profit of $21.5 million. On a per-share basis, the Norfolk, Virginia-based company said it had net income of 54 cents. The results beat Wall Street expectations. The average estimate of three analysts What are carry trades and how did they contribute to this week's global market mayhem? 08/06/2024 06:55am • BANGKOK (AP) — The mayhem that swept across world markets this week was partly caused by a market strategy known as the “carry trade.” Japan’s benchmark Nikkei 225 plunged 12.4% on Monday and markets in Europe and North America suffered outsized losses as traders sold stocks to help cover r Cambodia breaks ground on a China-funded canal and says it will be built 'no matter the cost' 08/05/2024 09:54pm • PREK TAKEO, Cambodia (AP) — Cambodia broke ground Monday on a controversial, China-funded canal to link the capital Phnom Penh to the sea, despite environmental concerns and the risk of straining ties with neighboring Vietnam. The $1.7 billion, 180-kilometer (111 miles) Funan Techo canal is planne 9 of the Best REITs to Buy for 2024 08/05/2024 08:00pm • Real estate investments can be an excellent way to earn returns, generate cash flow, hedge against inflation and diversify an investment portfolio. However, buying physical properties can be costly, difficult and risky. Instead, you can buy shares of diversified real estate investment trusts. REITs High Gold Prices Are About the Dollar, but Recession Fears Can't Be Ruled Out 08/05/2024 08:00pm • Let's say you have a 1-ounce bar of gold sitting on your desk. Right next to it is a stack of U.S. dollars equal to the early Aug. 6 spot price of gold, $2,413.90 per ounce. If you didn't do anything with either for 50 years, it's likely that the stack of dollars will be worth much less, while the g How Can You Get Student Loans for Trade School? 08/05/2024 08:00pm • As the cost of college continues to increase, some students may find trade schools and vocational programs more appealing than four-year bachelor's degrees. "Trade school" is an informal term for career-focused education, and programs that fall into this category may also be called career and techni 7 Best Cruise Stocks to Buy Now 08/05/2024 08:00pm • After a gloomy performance during the pandemic, many cruise stocks have delivered gains for long-term investors. The cruise industry is poised to benefit from a multiyear boom, however, as Grand View Research projects that it will maintain a compound annual growth rate of 11.5% from now until 2030. This week: consumer credit snapshot, unemployment claims, mortgage rates 08/05/2024 08:10am • A look at some of the key business events and economic indicators upcoming this week: Credit check The Federal Reserve issues its latest snapshot of consumer borrowing on Wednesday. The tally is expected to show consumer borrowing rose by $9.1 billion in June, easing from the $11.4 billion jump in M Should You Draw $1K From Your Retirement Account? 08/04/2024 08:00pm • The Internal Revenue Service just made it easier for Americans to tap into their qualified retirement accounts for emergencies up to $1,000 annually without penalty for early withdrawal. The new rule applies to individual retirement accounts and employer-sponsored plans, such as 401(k)s. The IRS doe 5 Ways to Get More Money From Your Graduate School 08/04/2024 08:00pm • Graduate school can be expensive, but it doesn't have to be if you're savvy about finding money that you don't have to repay. Your financial aid package for graduate school may include any combination of grants, fellowships, assistantships, work-study, scholarships and loans. If it doesn't quite cov AMC Entertainment: Q2 Earnings Snapshot 08/02/2024 04:22pm • LEAWOOD, Kan. (AP) — LEAWOOD, Kan. (AP) — AMC Entertainment Holdings Inc. (AMC) on Friday reported a second-quarter loss of $32.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Leawood, Kansas-based company said it had a loss of 10 cents. Losses, a Heat deaths of people without air conditioning, often in mobile homes, underscore energy inequity 08/02/2024 03:07pm • PHOENIX (AP) — Mexican farm worker Avelino Vazquez Navarro didn't have air conditioning in the motor home where he died last month in Washington state as temperatures surged into the triple digits. For the last dozen years, the 61-year-old spent much of the year working near Pasco, Washington, se Walgreens plans to sell another slice of its Cencora stake for $1.1 billion 08/02/2024 08:52am • The struggling drugstore chain Walgreens will get about $1.1 billion for selling another slice of its stake in drug distributor Cencora. Walgreens said after markets closed Thursday that it will use the proceeds mostly to pay down debt and for general corporate purposes. The deal reduces Walgreens� Cumulus: Q2 Earnings Snapshot 08/02/2024 08:07am • ATLANTA (AP) — ATLANTA (AP) — Cumulus Media Inc. (CMLS) on Friday reported a loss of $27.7 million in its second quarter. The Atlanta-based company said it had a loss of $1.64 per share. Losses, adjusted to extinguish debt, were 68 cents per share. The radio station owner posted revenue of $204.