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8 of the Best Bank Stocks to Buy for 2023 05/04/2023 08:00pm • After a rough year in 2022, bank stocks are now navigating a fresh minefield in 2023. Rising interest rates have triggered a sharp decline in long-term bond prices, resulting in massive losses for banks holding them on their balance sheets. As a result, Silicon Valley Bank, Signature Bank and First 5 Great Fixed-Income Funds to Buy for 2023 05/04/2023 08:00pm • Looking to lower volatility in a portfolio or produce steady income? Popular alternatives to dividend stocks are fixed-income assets, which pay out a defined stream of income. Commonly, this takes the form of bonds, which are essentially IOUs investors can buy from various entities like governments Bills get final OK from Erie County to build new stadium 05/04/2023 05:31pm • BUFFALO, N.Y. (AP) â Get the shovels out, because the Buffalo Bills can finally begin breaking ground on their 60,000-plus seat, $1.54 billion new stadium after the project received unanimous approval from the Erie County legislature on Thursday. The 10-0 vote was the final formal step in a length The banking crisis isn’t over. But how bad will it get? The banking crisis isnât over. But how bad will it get? 05/04/2023 05:11pm • NEW YORK (AP) â Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong. Bank shares have sold off on Wall Street thi California lawmakers OK emergency loans to failing hospitals California lawmakers OK emergency loans to failing hospitals 05/04/2023 02:48pm • SACRAMENTO, Calif. (AP) â Alarmed by the closure of a rural hospital earlier this year, California lawmakers on Thursday voted to loan $150 million to struggling medical centers in the hope of preventing a cascade of similar failures across the state. The only hospital in Madera County closed in D Homebuyers to face steep borrowing costs despite Fed move Homebuyers to face steep borrowing costs despite Fed move 05/04/2023 02:22pm • LOS ANGELES (AP) â Homebuyers should get used to painfully high mortgage rates, despite this week's signal from the Federal Reserve that it could finally pause its yearlong campaign of rate hikes. The Fed raised its short-term rate to roughly 5.1% Wednesday, the highest since 2007. While the Fed Average long-term US mortgage rate slips to 6.39% this week 05/04/2023 12:08pm • LOS ANGELES (AP) â The average long-term U.S. mortgage rate edged lower this week, a modest boost for homebuyers looking for relief as a stubbornly low inventory of properties for sale fuels bidding wars in many markets. The average rate on the benchmark 30-year fixed-rate home loan fell to 6.39% European Central Bank slows pace of rate hikes but vows more European Central Bank slows pace of rate hikes but vows more 05/04/2023 11:05am • FRANKFURT, Germany (AP) â The European Central Bank slowed the pace of its interest rate increases Thursday, stepping back like the U.S. Federal Reserve from a string of jumbo hikes aimed at snuffing out inflation. But the ECB also said it was âœnot pausingâ even as its efforts have worked by m India army patrols streets to defuse clashes in remote state 05/04/2023 10:12am • GUWAHATI, India (AP) â The governor of a remote Indian state issued orders allowing district magistrates to shoot protesters, as soldiers patrolled the streets and enforced a curfew after thousands of people clashed, causing deaths and damage to homes and vehicles, officials said Thursday. Interne Fed raises key rate but hints it may pause amid bank turmoil Fed raises key rate but hints it may pause amid bank turmoil 05/04/2023 12:43am • WASHINGTON (AP) â The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause its streak of 10 rate hikes, which have made borrowing for consumers and Stock market today: Asian markets mixed after US rate hike Stock market today: Asian markets mixed after US rate hike 05/03/2023 11:15pm • BEIJING (AP) â Asian stock markets were mixed Thursday after the Federal Reserve raised its benchmark lending rate again to cool inflation and said it wasn't sure what may come next. Shanghai and Hong Kong advanced while Seoul and Sydney declined. Japanese markets were closed for a holiday. Wall S How the gender pay gap affects women's retirement How the gender pay gap affects women's retirement 05/03/2023 08:00pm • Historically, women have earned less than men on average, and this pattern impacts their retirement funds. The median 401(k) account for women is 65% lower than the balance for men, according to recent research from T. Rowe Price. The study found that women and men tend to have the same access to What to Know About Choosing Between Housing on or off Campus 05/03/2023 08:00pm • First-year college students often are expected or required to live in residence halls or dormitories. In subsequent years, it's usually up to those students to decide whether to reside on or off campus. But some schools, like Ohio Wesleyan University and Dickinson College in Pennsylvania, don't prov How a Fed increase could affect credit card debt, auto loans How a Fed increase could affect credit card debt, auto loans 05/03/2023 05:16pm • NEW YORK (AP) â The Federal Reserve has raised its key interest rate yet again in its drive to cool inflation, a move that will directly affect most Americans. On Wednesday, the central bank boosted its benchmark rate by a quarter-point to 5.1%. Rates on credit cards, mortgages and auto loans, wh IMF says inflation to slow growth across Mideast this year IMF says inflation to slow growth across Mideast this year 05/03/2023 02:01am • DUBAI, United Arab Emirates (AP) â Economies across the Middle East and Central Asia will likely slow this year as persistently high inflation and rising interest rates bite into their post-pandemic gains, the International Monetary Fund said Wednesday. The IMF's Regional Economic Outlook blamed
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