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Brazil, facing calls for reparations, wrangles with its painful legacy of slavery 01/30/2024 01:32am • RIO DE JANEIRO (AP) — The executive manager for institutional relations at a Brazilian state bank took the microphone before roughly 150 people at a forum on slavery's legacy in his country, which kidnapped more Africans for forced labor than any other nation. “Today’s Bank of Brazil asks Bla Prisoners in the US are part of a hidden workforce linked to hundreds of popular food brands 01/29/2024 09:06pm • ANGOLA, La. (AP) — A hidden path to America’s dinner tables begins here, at an unlikely source – a former Southern slave plantation that is now the country’s largest maximum-security prison. Unmarked trucks packed with prison-raised cattle roll out of the Louisiana State Penitentiary, where What to Do When Your Medical Bills Are Out of Control 01/29/2024 07:00pm • Medical bills -- whether the result of a high-deductible health plan, billing errors, out-of-network fees or uncovered expenses -- burden millions of American adults. According to the Commonwealth Fund 2023 Health Care Affordability Survey, 30% of people who have employer health coverage had medical How to Turn $1 Million Into Passive Retirement Income 01/29/2024 07:00pm • Building a nest egg of $1 million often takes decades of planning and saving. If you've reached this milestone and want to live off your savings in retirement, you'll have some decisions to make. There are different ways you can invest funds, and each method comes with its own interest rate or retur Discover Is Exiting the Student Loan Business 01/29/2024 07:00pm • Discover Financial Services will no longer accept student loan applications as of Feb. 1, 2024, after announcing in November 2023 that it was going to sell its student loans portfolio and transfer the servicing of these loans to a third-party provider. For now, current Discover Student Loans custome Amazon's bid to buy Roomba maker iRobot is called off amid pushback in Europe Amazon's bid to buy Roomba maker iRobot is called off amid pushback in Europe 01/29/2024 06:52pm • LONDON (AP) — Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles" after the European Union signaled its objection to the deal. The companies said in joint statement that they were disappointed but mutually agreed to termi The IRS is launching a direct file pilot program for the 2024 tax season — here is how it will work The IRS is launching a direct file pilot program for the 2024 tax season — here is how it will work 01/29/2024 01:49pm • WASHINGTON (AP) — As income tax filing season officially starts on Monday, a limited number of taxpayers in 12 states will soon be eligible to join an IRS pilot program that will allow them to calculate and submit their returns to the government directly without using commercial tax preparation so Takeaways from the AP's investigation into how US prison labor supports many popular food brands 01/29/2024 11:26am • In a sweeping two-year investigation, The Associated Press found goods linked to U.S. prisoners wind up in the supply chains of a dizzying array of products from Frosted Flakes cereal and Ball Park hot dogs to Gold Medal flour and Coca-Cola. They are on the shelves of most supermarkets, including Kr China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion China Evergrande has been ordered to liquidate. The real estate giant owes over $300 billion 01/29/2024 07:59am • HONG KONG (AP) — A Hong Kong court ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden. “It would be a Why are EU leaders struggling to unlock a 50-billion-euro support package for Ukraine? Why are EU leaders struggling to unlock a 50-billion-euro support package for Ukraine? 01/29/2024 07:34am • BRUSSELS (AP) — Almost two years after Russia invaded Ukraine, the war has ground to a virtual stalemate. Ukraine desperately needs support to keep its economy afloat, but political infighting in the European Union and the United States are depriving it of the financial lifeline it needs. As Hunga China Evergrande is ordered to liquidate, with over $300 billion in debt. Here's what that means. 01/29/2024 06:15am • A court in Hong Kong on Monday ordered China Evergrande to be liquidated in a decision that marks a milestone in China's efforts to resolve a crisis in its property industry that has rattled financial markets and dragged on the entire economy. Here's what happened and what it means, looking ahead. How to Meet Your Credit Card Spending Requirement 01/28/2024 07:00pm • Getting a new credit card is one of the fastest methods of earning a big chunk of miles or points. Many rewards credit cards offer a welcome bonus for new customers when they meet the card's minimum spending requirement. However, some credit cards require significant spending -- $1,000 to $4,000 or Do I Need a Gift Letter for My Mortgage? 01/28/2024 07:00pm • Making a down payment on a home purchase can be a significant investment. If you're lucky enough to have someone willing to contribute funds toward your down payment, there are just a few legal boxes you'll need to check. One of these is providing your lender with a gift letter. Here's a look at wha 9 Ways to Improve Your Finances in 2024 01/28/2024 07:00pm • Is improving your financial health on your list of new year's resolutions? Financial security is a goal for many, but achieving it takes planning and work. If you want to end your 2024 in better financial health than you started it, setting goals now can help you get there. These short- and long-ter 5 Ways Parents Can Do College Financial Planning 01/28/2024 07:00pm • It's never too early to start college financial planning. The college search and application process may wait until later in high school, but saving money for college should start much earlier -- even when children are infants, experts say. "That might not be a ton of money early on, but doing a lit
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