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UK raises interest rates as central banks focus on inflation 12/16/2021 11:50am • LONDON (AP) — The United Kingdom's central bank on Thursday became the first in a major advanced economy to raise interest rates since the coronavirus pandemic began, as banks controlling monetary policy around the globe shift their focus from stimulating the economy to combating soaring consumer Mortgage rates up slightly this week to a still-low 3.12% 12/16/2021 10:13am • SILVER SPRING, Md. (AP) — The average interest rate on a long-term mortgage in the U.S. ticked up slightly this week but remain historically low just as the Federal Reserve announces that it will begin tightening credit. Mortgage buyer Freddie Mac reported Thursday that the average rate on the ben Young Americans motivated to make change: AP-NORC, MTV poll 12/16/2021 08:24am • WASHINGTON (AP) — There are plenty of reasons for Sebastian Garcia to feel downbeat about the future. After his family immigrated from Mexico, he was raised on a farm in northwest Texas, where he says there aren’t many racial slurs he hasn’t heard. When the now-24-year-old graduated from colle Why the Fed feels now is time to tighten credit more quickly 12/16/2021 12:01am • WASHINGTON (AP) — For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates. But on Wednesday, Powell suggested that his pati Airlines face shortage of pilots, other workers, execs say 12/15/2021 08:02pm • WASHINGTON (AP) — Airlines are having trouble hiring pilots, flight attendants and other personnel, and that's part of what is causing canceled flights and scrapping of service to some airports, executives told legislators on Wednesday. American Airlines CEO Doug Parker said a large service outage Why the Fed feels now is time to tighten credit more quickly 12/15/2021 07:31pm • WASHINGTON (AP) — For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates. But on Wednesday, Powell suggested that his patien Arlington Co. and Amazon partner to preserve more than 1,300 affordable apartments 12/15/2021 09:08am • Amazon and Arlington County, Virginia, are partnering to preserve more than 1,300 affordable homes at Barcroft Apartments for 99 years, the county board announced Tuesday, calling it one of the single largest affordable housing investments ever in the region. The Arlington County Board, at a Tues UK inflation hits decade high, pressuring Bank of England 12/15/2021 07:30am • LONDON (AP) — Consumer prices in the United Kingdom are rising at their highest rate in over a decade as a result of soaring energy costs and blockages in the supply chain, official figures showed Wednesday, a day before a highly anticipated interest rate decision from the Bank of England. The Of Credit Score vs. Credit Report: What's the Difference? 12/14/2021 07:00pm • Many think that your credit report and your credit score are basically one and the same. While there's a connection between the two, your credit score is separate from your credit report. Your credit score is a three-digit number that represents your creditworthiness. Your credit report, on the othe 15 of the Best Dividend Stocks to Buy for 2022 12/14/2021 07:00pm • Stocks beat bonds, and these dividend stocks offer reliable yields.In the short run, the stock market can be extremely volatile. Over the longer term, however, it's well-established that stocks outperform other financial assets like bonds and cash. That's particularly true in a low-interest-rate env 10 of the Best Bank Stocks to Buy for 2022 12/14/2021 07:00pm • Analysts see big upside for these undervalued bank stocks.After a big year in 2021, analysts say bank stocks could continue to outperform in 2022. The combination of a recovering U.S. economy and the potential for Federal Reserve interest rate hikes sooner than expected could set up bank stocks for American Jack de Vries makes debut for Italy's Venezia 12/14/2021 12:55pm • American midfielder Jack de Vries made his Italian soccer debut for Venezia in a 3-1 win Tuesday over second-tier Ternana in the second round of the Italian Cup. The 19-year-old entered in the 76th minute, becoming the third American to play for the club this season after Gianluca Busio and Tanner T Treasury awards $8.7B for lending in minority communities 12/14/2021 12:19pm • WASHINGTON (AP) — The U.S. Treasury Department announced Tuesday the release of $8.7 billion to help increase lending to small and minority-owned businesses and people living in poorer communities with limited access to banking. The funds from the Emergency Capital Investment Program, which was cr Fed to accelerate withdrawal of economic aid as prices surge 12/14/2021 10:01am • WASHINGTON (AP) — Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest-rate policies with inflation accelerating and unemployment falling faster than expected. On Wednesday, the Fed will likely announce that it will reduce its monthly b Millennial Money: Keep an eye on debt using visual aids 12/14/2021 08:38am • With an $82,000 pile of debt, buying a house seemed far in the distance for Ehren Sixon and his wife, Florida residents who embarked on a debt-free journey in 2016. They opted for the debt snowball method, a debt payoff strategy that encourages motivation by quickly attacking the smallest balances