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Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates? Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates? 08/23/2023 06:45am • WASHINGTON (AP) â A year ago, Chair Jerome Powell delivered a stark warning: To fight persistently high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing âœsome painâ in the form of job losses and weaker economic growth. Since Powell spoke at last summer's Four years into crisis, Lebanon's leaders hope tourism boom will help bypass reforms in IMF bailout 08/23/2023 01:32am • BEIRUT (AP) â Four years into its historic economic meltdown, Lebanonâs political elites, masters at survival, are pushing for a recovery that would sidestep tough reforms demanded by the International Monetary Fund. Economic experts and former officials involved in designing Lebanonâs origina Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earnings Stock market today: Asian shares are mixed ahead of Fed Chair speech and Nvidia earnings 08/22/2023 11:52pm • TOKYO (AP) â Asian markets were trading mixed Wednesday ahead of Fed Chair Jerome Powell's highly anticipated speech later in the week. Japan's benchmark Nikkei 225 added 0.3% in morning trading to 31,957.35. Australia's S&P/ASX 200 gained nearly 0.7% to 7,168.30. South Korea's Kospi slipped Collateralized Loan Obligations: 5 ETFs to Consider 08/22/2023 08:00pm • Investors look for opportunities to generate returns and accumulate wealth with their assets. While stocks and real estate are two popular types of assets, some investors are looking into collateralized loan obligations, or CLOs. These assets reward investors when corporations make monthly loan paym Personal Finance Questions to Ask Yourself Now 08/22/2023 08:00pm • The journey toward financial security is one that -- for many -- includes lots of ups and downs along the way. One way to ensure you're making progress toward your long-term goals is by doing periodic check-ins with yourself. "Don't be an ostrich when it comes to your financial situation," says Terr Have home prices bottomed? While low housing inventory stymies sales, bidding wars prop up prices Have home prices bottomed? While low housing inventory stymies sales, bidding wars prop up prices 08/22/2023 04:33pm • LOS ANGELES (AP) â The U.S. housing market remains in a deep sales slump, but the worst declines may be over when it comes to home prices. While home sales have fallen 22.3% through the first seven months of the year versus the same stretch in 2022, prices are being propped up by buyers competing Wildfires torment Greece. California digs out from Hilary. What to know in extreme weather now Wildfires torment Greece. California digs out from Hilary. What to know in extreme weather now 08/22/2023 03:29pm • A nightmarish summer of wildfires for Greece took its deadliest turn yet on Tuesday when firefighters found the burned bodies of 18 people near the city of Alexandroupolis. A hint of the scope of the fire can be seen in this image by Associated Press photographer Achilleas Chiras. The dead were beli Macy's had to discount spring goods to entice cautious consumers and sees more warning signs ahead Macy's had to discount spring goods to entice cautious consumers and sees more warning signs ahead 08/22/2023 02:26pm • NEW YORK (AP) â Macyâs heavily discounted its spring goods to make room for fall and holiday merchandise in the face of customers' cautious spending, but the retailer's adjusted second-quarter profits and sales still topped Wall Street expectations. Macy's, which also operates upscale Bloomingda Chelsea loans top academy prospect Lewis Hall to Newcastle and Mavropanos joins West Ham 08/22/2023 02:13pm • LONDON (AP) â Chelsea has loaned out of one of its most talented academy prospects amid another transfer window of big spending by the Premier League club. Lewis Hall, an 18-year-old left back, joined Newcastle on Tuesday on a season-long loan deal that includes an obligation for the Saudi-control Some states reject federal money to find and replace dangerous lead pipes Some states reject federal money to find and replace dangerous lead pipes 08/22/2023 09:36am • ST. LOUIS (AP) â As the Biden administration makes billions of dollars available to remove millions of dangerous lead pipes that can contaminate drinking water and damage brain development in children, some states are turning down funds. Washington, Oregon, Maine and Alaska declined all or most o How Work-Study Can Make College More Affordable 08/21/2023 08:00pm • Two in five of the nation's full-time undergraduates work jobs in addition to their responsibilities as college students. Many of them land those jobs through the federal work-study program. The work-study program is a type of need-based financial aid that allows students to work part-time jobs and 7 of the Best Tax-Free Municipal Bond Funds 08/21/2023 08:00pm • Bond investing is a tried-and-true strategy for many who seek consistent income from their portfolios while potentially lowering volatility and drawdowns. However, it's essential for investors to recognize that not all bonds are created equal when it comes to taxation. Depending on their issuer, the Barcelona's American defender Dest moves to PSV on loan until end of season 08/21/2023 03:12pm • BARCELONA, Spain (AP) â Barcelona reached a deal to loan American defender Sergiño Dest to Dutch club PSV Eindhoven on Monday until the end of the season. Barcelona said PSV has an option to make the transfer permanent, while the Spanish club âœreserves the right to a percentage of any future sa Is your credit score 850? Now you’re just showing off Is your credit score 850? Now youâre just showing off 08/21/2023 11:01am • A consumerâs FICO credit score influences everything from having an apartment lease approved, to credit card interest rates and how favorable auto or mortgage loans are. The higher your score, the better â but only to a point. FICO consumer credit scores range from a low of 300 (lousy Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle 08/21/2023 08:26am • DETROIT (AP) â Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, thereâs just one: The Mitsubishi Mirage. And even the Mirage appears headed for the scrap yard. At a time when Americans incre
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