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What Is Debt-to-Income Ratio? 05/11/2023 08:00pm • Debt-to-income ratio reflects the percentage of your gross monthly income, or earnings before taxes and other deductions, used to pay your monthly debts. Lenders use your debt-to-income, or DTI, ratio to evaluate your ability to manage the money you have borrowed and determine your capacity to take How to Qualify for a Mortgage in a Credit Crunch 05/11/2023 08:00pm • In the wake of several high-profile bank failures, Federal Reserve officials warn that consumers are likely to face tighter credit conditions when applying for loans, including mortgages. Put simply, a credit crunch means that banks and lenders will tighten their balance sheets by originating fewer Younger parents are moving in with kids: Here's why 05/11/2023 08:00pm • Bundling expenses can be an effective strategy to lower costs, and one way to do it is by forming multigenerational households. When several adults are earning and living as one, they can economize and save. It's becoming more common, too, especially as inflation pushes the cost of goods and serv 7 Undervalued Stocks to Buy Now 05/11/2023 08:00pm • The S&P 500 got off to a hot start in 2023, but it has lost ground in recent weeks amid growing macroeconomic uncertainty. Rising interest rates and concerns about a banking crisis and potential U.S. recession have weighed on high-risk stocks, but broad market weakness has hurt the share prices Ex-Kansas legislator convicted of COVID relief fraud sentenced to more than 2 years in US prison 05/11/2023 06:30pm • TOPEKA, Kan. (AP) ��� A former Kansas lawmaker who was convicted of 12 felonies for lying on applications for federal COVID-19 relief was sentenced Thursday to two years and three months in prison, according to online court records. An attorney for former Republican state Rep. Michael Capps argue Business Highlights: Wholesale prices rise modestly, a new CEO found for Twitter 05/11/2023 05:13pm • ___ US wholesale price data for April points to easing inflation pressures WASHINGTON (AP) ��� Wholesale prices in the United States rose modestly last month, the latest sign that inflationary pressures may be easing more than a year after the Federal Reserve unleashed an aggressive campaign of stea Average long-term US mortgage rate falls to 6.35% this week, lowest level in 5 weeks 05/11/2023 02:45pm • LOS ANGELES (AP) ��� The average rate on a long-term U.S. home loan is down to the lowest level in five weeks, welcome news for house hunters facing a market constrained by persistently high prices and a near-historic low number of homes for sale. Mortgage buyer Freddie Mac said Thursday that the a Lacazette helps Lyon push for European spot as he battles Mbapp�� for top scorer 05/11/2023 01:47pm • PARIS (AP) ��� Alexandre Lacazette's goals have papered over Lyon's defensive frailties and are helping the club's late push for a European place next season. That was glaringly evident last Sunday when the striker's remarkable four-goal performance helped Lyon beat Montpellier 5-4 after trailing 4- Spain announces exceptional drought measures worth $2.4B 05/11/2023 11:03am • MADRID (AP) ��� The Spanish government announced 2.2 billion euros ($2.4 billion) worth of drought response measures Thursday, including funding for urban water reuse and further aid for struggling farmers. Currently, 27% of Spanish territory is in a drought ���emergency��� or ���alert." Spain recor Sunderland goes from crisis club on Netflix to within reach of Premier League 05/11/2023 09:58am • The seeds of the unlikely takeover of Wrexham by a pair of Hollywood celebrities were sewn by the binge-watching of a Netflix series charting the ups and mostly downs of another British soccer club with deep roots in its local community. It was during the height of a pandemic-induced lockdown that R As Bayern Munich fights Borussia Dortmund, Schalke aims to play the spoiler 05/11/2023 06:10am • DUESSELDORF, Germany (AP) ��� Schalke, Leipzig and Cologne are the three teams standing between Bayern Munich and the Bundesliga title. Beat all three and Bayern's season of upheaval ends with the trophy. Drop points and Borussia Dortmund can end the Bavarian club's decade-long record run of German G7 finance ministers to vow support for Ukraine, seek ways to spur global economy as debt risks loom 05/11/2023 06:10am • NIIGATA, Japan (AP) ��� Financial leaders of the Group of Seven advanced economies are discussing ways to support Ukraine and pressure Russia to end the war as they meet in Japan starting Thursday. Ukraine's finance minister, Serhiy Marchenko, was participating online in the first session of the G- Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights 05/11/2023 05:42am • DUBAI, United Arab Emirates (AP) ��� Long-haul carrier Emirates saw its most-profit year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation, the airline announced Thursday. The carrier's revival comes as Dubai, which owns the airline, Stock market today: Asian shares mixed in choppy trading after US inflation report 05/11/2023 01:02am • TOKYO (AP) ��� Asian shares were mixed in choppy trading Thursday after a report showed evidence that inflation in the United States was cooling, even if it remains too high. Japan's benchmark Nikkei 225 dipped 0.2% in morning trading to 29,062.04. Australia's S&P/ASX 200 slipped 0.3% to 7,233.1 How to Use Your IRA to Buy a House 05/10/2023 08:00pm • If you're shopping for a new home, you may be looking for ways to fund the purchase. Taking out cash from a retirement account such as an IRA might be an option in some cases. However, before you withdraw money from an IRA, you'll want to evaluate the short-term and long-term consequences. Use the f