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Mexico will build passenger train lines to US border in an expansion of its debt-laden rail projects 07/10/2024 08:35pm • MEXICO CITY (AP) — Mexico’s massive, debt-fueled passenger rail building program is not going to end with the administration of outgoing President Andrés Manuel López Obrador, but will instead double, he said Wednesday. López Obrador said his successor, President-elect Claudia Sheinbaum, is p 10 ETFs to Build a Diversified Portfolio 07/10/2024 08:00pm • One of the key principles guiding portfolio managers today is that different asset classes have historically behaved in consistent ways depending on the economic cycle. For instance, stocks tend to do well during periods of economic expansion and low interest rates. On the other hand, during major r Joint Checking Accounts: Here's When You Should (and Shouldn't) Get One 07/10/2024 08:00pm • One of the most fundamental decisions a couple faces is whether to treat money as a joint asset or something to be managed separately. Traditionally, married couples have been expected to keep their money in a joint checking account, and many finance professionals tout this arrangement as engenderin Federal judge orders mediation to break impasse over Puerto Rico power company debt 07/10/2024 06:03pm • SAN JUAN, Puerto Rico (AP) — A federal judge overseeing a drawn-out debt-restructuring process for Puerto Rico’s power company ordered all parties to mediation on Wednesday in the latest attempt to break an impasse that has sparked widespread indignation. The U.S. territory’s Electric Power Au Ex-NBA player Jontay Porter pleads guilty in case tied to gambling scandal that tanked his career 07/10/2024 05:34pm • NEW YORK (AP) — Former NBA player Jontay Porter admitted Wednesday that he schemed to take himself out of games for gambling's sake, pleading guilty to a federal conspiracy crime in the scandal that already got him banned from the league. “I know what I did was wrong, unlawful, and I am deeply s Judge says Rudy Giuliani bankruptcy case likely to be dismissed. But his debts aren't going away 07/10/2024 03:41pm • NEW YORK (AP) — A judge said Wednesday he was leaning toward throwing out Rudy Giuliani 's bankruptcy case after lawyers for the cash-strapped former New York City mayor and his biggest creditors — two ex-Georgia election workers who won a $148 million defamation judgment against him — agreed China and Bangladesh reaffirm their ties as territorial and economic issues rise in the region 07/10/2024 10:29am • BEIJING (AP) — China and Bangladesh are reaffirming their ties during a visit by Bangladesh Prime Minister Sheikh Hasina to Beijing on Wednesday as tensions rise in the region over territorial disputes and resources. China’s official Xinhua News Agency quoted Wang Huning, a member of China's Po Stock market today: Asian shares are mixed after Fed chair's comments give scant clues on rate cuts 07/10/2024 12:15am • Shares were mixed Wednesday in Asia after remarks by Federal Reserve Chair Jerome Powell in front of Congress did little to change investors' expectations for the timing of a Fed interest rate cut. Tokyo's Nikkei 225 index touched a fresh intraday trading high but fell back, edging 0.1% lower to 41, Kenya's president warns of huge consequences after his effort to address an $80 billion debt fails 07/10/2024 12:13am • NAIROBI, Kenya (AP) — The ballooning debt in East Africa's economic hub of Kenya is expected to grow even more after deadly protests forced the rejection of a finance bill that President William Ruto said was needed to raise revenue. He now warns “it will have huge consequences.” Facing public 5 Best Charles Schwab Money Market Funds 07/09/2024 08:00pm • Today, there are quite a few ways investors can lower risk in their portfolios and preserve capital. For instance, if you're comfortable with trading individual bonds, building a Treasury ladder can be a good way to plan out your future cash flows while benefiting from the high credit quality of U.S 6 Easy Ways to Pay Off Debt 07/09/2024 08:00pm • If you're one of the many Americans struggling to manage debt, you aren't alone. Prices and interest rates alike are high, and it can feel difficult to get out from under payments. Whether you are paying off credit cards, student loans or other kinds of debt, figuring out a plan can cause immense mo The Best Retirement Planning Books for 2024 07/09/2024 08:00pm • There are many things you can learn by doing, but retirement shouldn't be one of them. Rather than waiting until you quit your job to figure out how you'll pay the bills and spend your time, start planning well in advance. "The short of it is that, in my experience, people don't start thinking about What Is Mortgage Recasting? 07/09/2024 08:00pm • Homeowners who want to lower their monthly mortgage payments often consider refinancing. However, a loan recast could be the better choice. Mortgage recasting involves making a very large prepayment and asking the lender to recalculate your payment based on the remaining loan term. A recast reduces Nikki Haley releases her delegates so they can back Donald Trump at the RNC next week 07/09/2024 03:04pm • CHAPIN, S.C. (AP) — Nikki Haley is releasing the delegates she won during this year's Republican primary so that they're free to support Donald Trump at next week's convention, a move that goes toward solidifying GOP support around the party's presumptive nominee. Haley on Tuesday opted to release UK utility giant Thames Water will seek fresh funding to keep business afloat 07/09/2024 05:38am • LONDON (AP) — Thames Water, Britain's largest water company, said Tuesday it's hunting for fresh funding to keep the business afloat, even as the heavily indebted company warned it would run out of money by the end of May. The company, which is burdened by some 15 billion pounds ($19 billion) in d