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More homes for sale, but low-priced listings remain scarce 07/28/2022 08:00am • LOS ANGELES (AP) — The chronic shortage of homes for sale that's made fierce bidding wars common and sent prices to record highs has long frustrated homebuyers. After a streak of annual declines going back three years, home listings finally rose on an annual basis in May and June. But would-be buy US not yet in recession and 4 other takeaways from the Fed 07/28/2022 07:12am • WASHINGTON (AP) — Jerome Powell delivered a tough message at the start of a news conference Wednesday: Inflation is way too high, and the Federal Reserve is laser-focused on taming it with higher borrowing costs. Yet despite his resolute words, the Fed chair also said for the first time that the Biden administration announces $400 million investment in high-speed internet for rural communities 07/28/2022 05:01am • The Biden administration on Thursday announced it would be directing more than $400 million in loans and grants to support high-speed internet projects for rural communities -- funding which is expected to reach about 31,000 families and businesses across 11 states."Rural communities are the backbon Manchin, Schumer in surprise deal on health, energy, taxes 07/27/2022 09:42pm • WASHINGTON (AP) — In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced an expansive agreement Wednesday that had eluded them for months addressing health care and climate, raising taxes on high earners and large corporations and reducing federal debt. The t 7 Value Stocks to Buy With High Dividend Yields 07/27/2022 08:00pm • These highly rated value stocks to buy have dividend yields of 3.9% and up.Since the financial crisis in 2008, growth stocks have significantly outperformed value stocks. However, elevated inflation and rising interest rates have triggered a rotation out of growth stocks and into value stocks in 202 Fed unleashes another big rate hike in bid to curb inflation 07/27/2022 07:34pm • WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation. The Fed’s move will raise its key rate, which affects many consume Best Buy cuts sales forecast as inflation tempers spending 07/27/2022 07:19pm • NEW YORK (AP) — Best Buy, the nation's largest consumer electronics chain, cut its annual sales and profit forecast Wednesday, citing surging inflation that has dampened consumer spending on gadgets. The Minneapolis-based company echoed Walmart, which earlier this week said higher prices on basic How the Federal Reserve's rate hikes affect your finances 07/27/2022 06:04pm • WASHINGTON (AP) — Higher mortgage rates have sent home sales tumbling. Credit card rates have grown more burdensome, and so have auto loans. Savers are finally receiving yields that are actually visible, while crypto assets are reeling. The Federal Reserve's move Wednesday to further tighten cred DOJ: Buffett company discriminated against Black homebuyers 07/27/2022 05:11pm • NEW YORK (AP) — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett's company discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice said Wednesday, in what is being called the second-largest redli US defender Richards joins Crystal Palace from Bayern Munich 07/27/2022 04:27pm • LONDON (AP) — Crystal Palace confirmed the signing of United States center-back Chris Richards from Bayern Munich on Wednesday. The 22-year-old Richards signed a five-year contract with the south London club, which paid Bayern a fee reported to be about $15 million. The Birmingham, Alabama, native Minister: Lebanon to build new silos to ease wheat crisis 07/27/2022 11:34am • BEIRUT (AP) — Lebanon plans to build two new grain silos to fight its its worsening food security crisis, the country’s caretaker economy minister told The Associated Press on Wednesday. Amin Salam said that several countries and international organizations have expressed an interest in funding USAID chief calls on China to restructure Sri Lanka's debt 07/27/2022 11:04am • NEW DELHI (AP) — The head of the U.S. government aid agency called on China on Wednesday to help Sri Lanka and other nations that had borrowed heavily from Beijing with debt restructuring, not just with lines of credit and emergency loans. Samantha Power, the administrator for the U.S. Agency for Sri Lanka's Parliament approves state of emergency 07/27/2022 10:14am • COLOMBO, Sri Lanka (AP) — Sri Lanka’s Parliament on Wednesday approved a state of emergency that had been declared by President Ranil Wickremesinghe as his government cracks down on demonstrators it accuses of violence while trying to find a way out of the country’s worst economic crisis. The Japan, Indonesia to boost naval security ties as China rises 07/27/2022 01:42am • TOKYO (AP) — The leaders of Japan and Indonesia agreed Wednesday to bolster their ties in maritime security and their cooperation on climate change, energy and investment between the Asian archipelago nations. Japanese Prime Minister Fumio Kishida, at a joint news conference after holding talks wi Survey: Nearly 77% Are Significantly Concerned About Back-to-School Expenses 07/26/2022 08:00pm • A mid-July survey by U.S. News & World Report shows that more than three-quarters of Americans -- about 77% -- are moderately or very worried about being able to pay for back-to-school expenses. Add those who are at least a little worried, and the total who are concerned jumps to nearly an astou