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December retail sales fall 1.1% as inflation takes a toll December retail sales fall 1.1% as inflation takes a toll 01/18/2023 03:43pm • NEW YORK (AP) â Americans cut back on spending in December, the second consecutive month they've done so, underscoring how inflation and the rising cost of using credit cards slowed consumer activity over the crucial holiday shopping season. Retail sales fell a worse-than-expected 1.1% in Decembe Hereâs what 2023 has in store for this D.C. provider of financing for international students 01/18/2023 03:21pm • D.C.-based student loan firm MPOWER Financing is aiming to double the number of students it lends to in 2023. The nine-year-old D.C. financial technology firm issued loans to 5,000 students in 2022 â it focuses mostly on master's students and MBAs â and it wants to increase that to 10,000 new s Fed's Mester: Rate hikes have begun to quell US inflation Fed's Mester: Rate hikes have begun to quell US inflation 01/18/2023 02:24pm • WASHINGTON (AP) â Growing evidence that high inflation is finally easing shows that the Federal Reserve's sharp interest rate hikes are working as intended, says Loretta Mester, a key Fed policymaker. But further rate hikes are still needed, she says, to decisively crush the worst inflation bout i Wholesale inflation in US slowed further in December to 6.2% Wholesale inflation in US slowed further in December to 6.2% 01/18/2023 09:43am • WASHINGTON (AP) â Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.3% in November and from a recent peak of 11.7% in March. Todd and Julie Chrisley report to prison Todd and Julie Chrisley report to prison 01/18/2023 08:55am • ▶ Watch Video: Reality stars Todd and Julie Chrisley face combined 19 years in prison Todd and Julie Chrisley reported to prison Tuesday as the husband and wife are set to begin their sentences after being convicted last year of bank fraud and tax evasion. In Lebanon to take out $116m in loans for ailing electric grid 01/18/2023 08:28am • BEIRUT (AP) â Lebanon's caretaker government Wednesday approved opening credit lines totaling $116 million to help fix its crippled state electricity grid. The cash-strapped country for over two years has struggled with rampant power cuts that have crippled much of public life, worsening a broade How to Use Debt to Build Wealth 01/17/2023 07:00pm • According to the Federal Reserve Bank of New York, total American household debt equaled $16.51 trillion in the third quarter of 2022, a 2.2% increase over the second quarter of the year. But while debt often gets a bad rap in personal finance circles, it's not always a detriment to personal finance 8 Kitchen Remodel Costs to Consider 01/17/2023 07:00pm • You may be planning for a major kitchen renovation, including new appliances, plumbing, countertops or cabinets. Instead, you may be aiming to spruce up the space with a smaller budget. A kitchen renovation is rarely cheap, but there are ways to save. Here's what you need to know. How Much Does a Ki Editorial Roundup: United States 01/17/2023 07:45am • Excerpts from recent editorials in the United States and abroad: Jan. 15 The Washington Post on the handling of classified documents It will be up to the two special counsels to investigate and weigh the handling of secret documents by President Biden and former President Donald Trump. But the curre Brooke Lierman makes history as Maryland’s first woman comptroller Brooke Lierman makes history as Marylandâs first woman comptroller 01/17/2023 07:28am • This content was republished with permission from WTOPâs news partners at Maryland Matters. Sign up for Maryland Mattersâ free email subscription today. Former Del. Brooke Lierman of Baltimore City made history Monday as Marylandâs 34th comptroller and the first woman ever elected to the China’s economic growth falls to 3%, gradually reviving Chinaâs economic growth falls to 3%, gradually reviving 01/17/2023 04:28am • BEIJING (AP) â Chinaâs economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump, but activity is reviving after restrictions that kept millions of people at home and sparked protests were lifted. The world Can You Refinance Student Loans While in School? 01/16/2023 07:00pm • Refinancing your student loans can allow you to take advantage of certain benefits, like a lower interest rate and greater payment flexibility. In most cases, borrowers who refinance wait until after they've graduated. It is possible, though, to refinance before you even leave school. Here's what yo Vegas goalie Lehner files for bankruptcy, cites $50M debt 01/16/2023 05:03pm • LAS VEGAS (AP) â Vegas Golden Knights goaltender Robin Lehner and his wife have filed for bankruptcy in Nevada, citing up to $50 million in debts to dozens of creditors. The Chapter 7 bankruptcy filing offers a glimpse into the couple's financial problems, including money owed to no fewer than 50 Kimberly Palmer: How to tackle holiday debt in January 01/16/2023 07:00am • After years of being in debt, Rachel Kramer Bussel came to a realization: âœIf I donât become proactive about it, I will be in debt for the rest of my life.â For Bussel, a freelance writer near Atlantic City, New Jersey, that meant scaling back spending and putting any available money toward th Rounding off Africa tour, China's top diplomat visits Egypt 01/15/2023 01:48pm • CAIRO (AP) â Chinaâs chief diplomat was in Cairo Sunday for talks with Egyptian and Arab League officials, marking his last stop in a multi-leg trip to Africa that aims to consolidate Beijing's footprint across the resource-rich continent. Foreign Minister Qin Gang met separately with Egyptian P
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