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Bed Bath & Beyond says it's in default on its loans Bed Bath & Beyond says it's in default on its loans 01/26/2023 04:22pm • NEW YORK (AP) â Bed Bath & Beyond said Thursday that it's in default on its loans and doesn't have sufficient funds to repay what it owes. The home goods chain said in a Securities and Exchange Commission filing that the default would force it to consider alternatives including restructuring i Latest Santos chaos: 'Hiring' treasurer who turned down job Latest Santos chaos: 'Hiring' treasurer who turned down job 01/26/2023 03:00pm • NEW YORK (AP) â U.S. Rep. George Santosâ campaign committee told federal regulators Wednesday that it had hired a new treasurer amid lingering questions about the source of his wealth and irregularities in the committee's financial reports. The only problem? The man Santos supposedly hired said Yellen says Africa to shape world economy as US reengages Yellen says Africa to shape world economy as US reengages 01/26/2023 01:33pm • PRETORIA, South Africa (AP) â U.S. Treasury Secretary Janet Yellen watched Ford cars and pickup trucks being assembled at a plant in South Africa on Thursday, citing it as an example of cooperation between Washington and Africa as she begins the Biden administration's big push to reengage with a c Opinion: Wes Moore is serious about service Opinion: Wes Moore is serious about service 01/26/2023 12:29pm • Traveling across the country in recent years, I discovered a sure way to fire up an audience: issue a call to young people for a year of service to others."It's called national service," I tell people. "Sometime between the ages of 18 to 24 or so, we offer you an option to spend a year helping other US home sellers get while the gettin's good 01/26/2023 12:15pm • LOS ANGELES (AP) â Homeowners who held off on selling their home in 2022 as the housing market slowed missed out on a windfall and may have to settle for slimmer profits if they opt to sell this year. The sale of a median-priced U.S. home last year translated into a profit of $112,000, a 21% incre Average long-term mortgage rate at lowest level in 4 months Average long-term mortgage rate at lowest level in 4 months 01/26/2023 12:00pm • The average long-term U.S. mortgage rate fell to its lowest level in more than four months, giving some relief to homebuyers faced with higher prices for just about everything, including homes. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched down to Cash-strapped Pakistan's rupee plunges amid talks with IMF 01/26/2023 10:02am • ISLAMABAD (AP) â Cash-strapped Pakistanâs currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary Fund for the next tranche of its bailout package. Pakistan is seeking a crucial installment of $1. How will we know if the US economy is in a recession? How will we know if the US economy is in a recession? 01/26/2023 09:49am • WASHINGTON (AP) â The second consecutive quarter of economic growth that the government reported Thursday underscored that the nation isn't in a recession despite high inflation and the Federal Reserve's fastest pace of interest rate hikes in four decades. Yet the U.S. economy is hardly in the cl Cannabis, education top priorities for Md.'s Legislative Black Caucus Cannabis, education top priorities for Md.'s Legislative Black Caucus 01/26/2023 09:28am • This content was republished with permission from WTOPâs news partners at Maryland Matters. Sign up for Maryland Mattersâ free email subscription today. Establishing a criminal justice policy that prevents police officers from stopping drivers and searching vehicles just because they smell ca Fewer Americans file for jobless claims last week Fewer Americans file for jobless claims last week 01/26/2023 08:54am • WASHINGTON (AP) â Fewer Americans filed for unemployment benefits last week as the labor market remains tight, even as the Federal Reserve has tried to cool the economy and inflation by raising interest rates. Applications for jobless aid in the U.S. for the week ending Jan. 21 fell by 6,000 last International soccer transfer market rebounds in 2022 01/26/2023 08:43am • ZURICH (AP) â Soccerâs international transfer market continued to rebound from the COVID-19 pandemic with a record 20,000 deals between clubs from different countries last year, FIFA said Thursday. Total spending worldwide was $6.5 billion in transfer fees for players who moved across borders be UN forecasts fall in global economic growth to 1.9% in 2023 UN forecasts fall in global economic growth to 1.9% in 2023 01/25/2023 10:33pm • UNITED NATIONS (AP) â The United Nations forecast Wednesday that global economic growth will fall significantly to 1.9% this year as a result of the food and energy crisis sparked by the war in Ukraine, the ongoing impact of the COVID-19 pandemic, persistently high inflation and the climate emerge Questions persist on source of George Santos campaign funds Questions persist on source of George Santos campaign funds 01/25/2023 07:59pm • NEW YORK (AP) â Of all the questions swirling around U.S. Rep. George Santos, one of the most serious has been how he amassed the personal fortune he claimed to have used to finance his campaign. The Republican fabulist filed new campaign finance reports this week that only elevated the confusion Sri Lanka says debt-restructuring talks making progress 01/25/2023 07:40pm • COLOMBO, Sri Lanka (AP) â Debt-stricken Sri Lankaâs Central Bank chief said Wednesday that the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan. Sri La What to Know About Filing Taxes 01/25/2023 07:00pm • Filing for tax years 2020 and 2021 was complicated and filled with last-minute changes, new laws and pandemic-related benefits. There's much less drama for tax year 2022 -- but some of those benefits you may have enjoyed last year have gone away. For example, the $600 charitable deduction for couple
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