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European Central Bank: Recession 'has become more likely' 11/16/2022 12:43pm • FRANKFURT, Germany (AP) ��� The European Central Bank sees an increased likelihood of a recession in the 19 countries that use the euro currency, warning that soaring energy prices and high inflation fed by Russia's war in Ukraine have raised risks for bank losses and turmoil on financial markets. 'Zombie Debt': Homeowners face foreclosure on old mortgages 11/16/2022 12:05am • Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago ��� until she received paperwork claiming she owed more than $130,000. ���I was shocked,��� said Prophete, who refinanced her two-family home in 2006, six years after arriving from Haiti. "I don���t e Companies With Great Retirement Plans 11/15/2022 07:00pm • A 401(k) plan is one of the most convenient ways to stash away dollars for retirement. Funds contributed to the account can be deducted from your taxable income that year, and the money can be put in investments with the goal of growing your savings over time. But perhaps the biggest motivator to co 2023 401(k) Contribution Limits: What Advisors Should Know 11/15/2022 07:00pm • In addition to providing a cost-of-living adjustment to the tax brackets, the IRS announced cost-of-living adjustments to health savings accounts (HSAs) and retirement plans for 2023 as a result of inflation. This is great news for clients, since they can receive more income at the lower brackets an 7 High-Yield ETFs for Income Investors 11/15/2022 07:00pm • Younger investors tend to focus on total returns over income potential. For these investors, any dividends received are reinvested more or less immediately. By doing so, these investors can maximize the power of compounding. However, retired investors might prioritize higher income potential. These Long-awaited Silver Line extension opens in Fairfax, Loudoun 11/15/2022 05:57pm • This article was written by WTOP���s news partner InsideNoVa.com and republished with permission. Sign up for InsideNoVa.com���s free email subscription today. Metro is up and running in Loudoun County. Eight years after the first phase of the Silver Line opened five new stations in Fairfax Co Biden facing pressure to extend student loan payment pause 11/15/2022 04:50pm • WASHINGTON (AP) ��� In the days and weeks before the midterm election, President Joe Biden trumpeted his plan to cancel billions in student loans as he rallied young people to support Democrats. But now the entire initiative is in jeopardy because of legal challenges that could ensure no one receiv Millennial Money: What makes a Black Friday deal worth it? 11/15/2022 01:04pm • Black Friday sales are everywhere. Judging by retailers��� advertisements stuffed with language like ���must-have deals��� and ���can���t-miss epic finds,��� you���d be led to believe that every deal is too good to pass up. But what actually makes a Black Friday deal worth pursuing? An item���s redu MacKenzie Scott donations avoided feared pitfalls: New study 11/15/2022 11:50am • MacKenzie Scott���s big gifts have been a boon to the charities who received them, and widespread fears in the nonprofit world that her gifts would lead other donors to pull back their support or that small groups wouldn���t be able to handle them were largely unfounded. That���s according to a stud Indonesia signs deals to accelerate clean energy transition 11/15/2022 05:48am • NUSA DUA, Indonesia (AP) ��� Indonesia signed deals with international lenders and major nations on Tuesday that will bring billions of dollars in funding to help the country increase its use of renewable energy and reduce its reliance on coal. The $20 billion agreement was announced on the sideline Jury tells filmmaker Haggis to pay $10M total in rape suit 11/14/2022 11:37pm • NEW YORK (AP) ��� Oscar-winning screenwriter Paul Haggis was ordered Monday to pay an additional $2.5 million in damages in a rape lawsuit, bringing the total to $10 million for a woman who said he sexually assaulted her nearly a decade ago. While accuser Haleigh Breest's lawyers called the verdict What Is Home Equity? 11/14/2022 07:00pm • Your home may be your castle, but it's also something else: a way to build a little bit of wealth while you forgo the experience of renting from someone else. Although you're responsible for the upkeep of your house once the mortgage closes, it's not for nothing. With each payment, with each passing What Is a Cash-Out Auto Refinance? 11/14/2022 07:00pm • Unlike homes, cars generally lose value over time. However, if you have equity in your vehicle, you may be able to tap that value with a cash-out auto refinance loan. Getting a cash-out car refinance is a relatively simple process, but there are some potential risks involved. Understanding how they Monday's Transactions 11/14/2022 06:58pm • BASEBALL Major League Baseball American League Appeals court ruling keeps Biden student debt plan on hold 11/14/2022 05:07pm • ST. LOUIS (AP) ��� President Joe Biden's plan to forgive student loan debt for millions of borrowers was handed another legal loss Monday when a federal appeals court panel agreed to a preliminary injunction halting the program while an appeal plays out. The ruling by the three-judge panel from the