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Euro rescue fund to get new chief as its old glory fades 06/16/2022 11:19am • BRUSSELS (AP) — A contest to lead Europe's financial rescue fund is drawing to a close with the spotlight on three candidates. But a question that has hung over the monthslong race looks certain to persist: Will the winner have enough to do despite fresh economic shocks? Finance ministers from the Average US mortgage rates jump by most in 35 years 06/16/2022 10:22am • WASHINGTON (AP) — Average long-term U.S. mortgage rates had their biggest one-week jump in 35 years with the Federal Reserve this week raising its key rate by three-quarters of a point in bid to tame high inflation. Mortgage buyer Freddie Mac reported Thursday that the 30-year rate climbed from 5. Which candidates have cash leads in home stretch of Md. governor's race? 06/15/2022 10:27pm • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. Editor’s note: This story has been updated to reflect updated calculations in the Franchot campaign’s take since mid-January. Two Dem 10 of the Best Investing Books for Beginners 06/15/2022 08:00pm • Learn how to invest with these investing books for beginners.When it comes to learning how to invest, the biggest hurdle can be figuring out where to begin. Finances and the stock market can be daunting in their complexity, but investing needn't be hard or intimidating. In fact, as many of these gre How LGBTQ+ Couples Manage Their Finances 06/15/2022 08:00pm • Money arguments are among the most common disagreements for couples. Nearly seven in 10 married or cohabitating Americans have had a disagreement with their partner over finances in the past year, according to the American Institute of Certified Public Accountants. Today's uncertain financial enviro How to Pick a Cost-Efficient Law School 06/15/2022 08:00pm • The adage "you get what you pay for" may be true of many things. However, there are ways to attend law school at a portion of the advertised cost, according to law school experts.? Daniel Filler, dean and professor of law at the Thomas R. Kline School of Law at Drexel University in Pennsylvania, say Should You Rent or Buy When Mortgage Rates Are High? 06/15/2022 08:00pm • Every year, millions of Americans wrestle with the question of whether to buy a home or rent. Unfortunately, the answer is rarely straightforward. Many factors affect this tough decision. But the choice becomes even more difficult when both rents and home prices are soaring, as they are now in many Fed attacks inflation with its largest rate hike since 1994 06/15/2022 06:18pm • WASHINGTON (AP) — The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by three-quarters of a point — the largest bump since 1994 — and signaling more rate hikes ahead as it tries to cool off the U.S. economy without causing a recession. EXPLAINER: Just how high is the risk of another recession? 06/15/2022 04:54pm • WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve has just made borrowing even costlier. And the economy actually shrank in the first three months of this year. Is the United States at risk of enduring another recession, just two years after emerging f This is how a higher Fed rate could affect your finances 06/15/2022 04:40pm • WASHINGTON (AP) — Record-low mortgages are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally see a noticeable return. The unusually large t hree-quarter point hike in its benchmark short-term rate that the Federal Reserve announced Wednesday won't Retail sales in May slip 0.3% amid surging inflation 06/15/2022 03:09pm • NEW YORK (AP) — Americans trimmed their spending unexpectedly in May compared with a month before, underscoring how surging inflation on daily necessities like gas is causing them to be more cautious about buying discretionary items. U.S. retail sales slipped 0.3% last month, down from a revised 0 Blatter, Platini face 20-month suspended jail sentences 06/15/2022 12:27pm • GENEVA (AP) — Prosecutors in the fraud trial of former FIFA president Sepp Blatter and vice president Michel Platini asked Wednesday for both men to get 20-month suspended prison sentences. Blatter and Platini, a former France national team captain who was president of European governing body UEFA After Georgia loss, House runoff gives Trump another chance 06/15/2022 12:26pm • MCDONOUGH, Ga. (AP) — Nearly a month after his preferred candidate for governor in Georgia was defeated by more than 50 points, former President Donald Trump has an opportunity next week to demonstrate he still has some sway in this onetime Republican stronghold. A runoff election for a U.S. House How to Change Your Address With Social Security 06/14/2022 08:00pm • If you receive Social Security income, you may be concerned about payments continuing if you change location. A change of address notification is required for those who receive Social Security benefits, Supplemental Security Income or Medicare. If you don't receive benefits yet, you don't need to no NY high court nixes Trump appeal, clearing way for testimony 06/14/2022 05:12pm • NEW YORK (AP) — New York’s highest court on Tuesday rejected former President Donald Trump’s last-ditch effort to avoid testifying in the state attorney genera l’s civil investigation into his business practices, clearing the way for his deposition next month. The state’s Court of Appeals