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Americans are spending but inflation casts pall over economy 11/24/2021 06:41pm • WASHINGTON (AP) ��� Americans are doing the main thing that drives the U.S. economy ��� spending ��� but accelerating inflation is casting a pall. A raft of economic data issued Wednesday showed the economy on solid footing, with Americans��� incomes rising and jobless claims falling to a level not US mortgage rates mixed: 30-year unchanged at 3.1% 11/24/2021 11:12am • WASHINGTON (AP) ��� U.S. mortgage rates were mixed this week. The average rate on the benchmark 30-year, fixed rate home loan was unchanged from last week at 3.1%; a year ago, it stood at 2.72%. Fifteen-year, fixed rate mortgage rates blipped up to 2.42% from 2.39% last week; it was 2.28% a year ago 5 Student Loan Questions You Shouldn't Be Afraid to Ask 11/23/2021 07:00pm • During the course of your college career, an instructor might have reminded you that there are no silly questions. If something is unclear, it is always a good approach to raise your hand and ask for clarification.Today's student loan borrowers might want to take that advice to heart, because it's e How Credit Cards Work 11/23/2021 07:00pm • Remember the good old days when you only had to master a plastic rectangle when you wanted to buy something on credit? These days, it could involve using your smartphone as a virtual wallet or tapping your contactless credit card instead of swiping or inserting it. Despite the new options for using Penn State's Franklin agrees to $75M, 10-year extension 11/23/2021 05:58pm • STATE COLLEGE, Pa. (AP) ��� Penn State football coach James Franklin agreed to a new 10-year contract Tuesday that will guarantee him at least $75 million through 2031. Franklin and Penn State���s Board of Trustees agreed to the terms, which include a yearly base salary of $7 million, retention bonu Fed's Powell will aim to win a high-stakes bet in 2nd term 11/23/2021 06:56am • WASHINGTON (AP) ��� Federal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had sunk deep into a pandemic-induced recession. So far, his bet has mostly paid off. Growth and hiring have rebounded faster than anyone expected. President J Vonage, Lee Enterprises rise; Activision, Target fall 11/22/2021 04:12pm • NEW YORK (AP) ��� Stocks that traded heavily or had substantial price changes Monday: Activision Blizzard Inc., down 18 cents to $62.20. CEO Bobby Kotick reportedly told staff that he would consider leaving the videogame maker if he couldn't fix problems with the company's culture. Vonage Holdings Harris announces $1.5B investment in health care workforce 11/22/2021 04:05pm • WASHINGTON (AP) ��� Vice President Kamala Harris announced Monday that the Biden administration is investing $1.5 billion from the coronavirus aid package to address the health care worker shortage in underserved communities. The funding will go to the National Health Service Corps, Nurse Corps and Biden to keep Powell as Fed chair, Brainard gets vice chair 11/22/2021 03:18pm • WASHINGTON (AP) ��� President Joe Biden said Monday he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing his stewardship of the economy through a brutal pandemic recession in which the Fed's ultra-low rate policies helped bolster confidence and revitalize th IMF deal with Pakistan would revive $6 billion bailout 11/22/2021 03:49am • ISLAMABAD (AP) ��� The International Monetary Fund said Monday that weeks of talks with Pakistan have produced a preliminary agreement toward reviving a $6 billion economic bailout for the Islamic nation. Pakistan and IMF originally signed the accord in 2019, but the release of a key installment had What Is a Balloon Payment for a Loan? 11/21/2021 07:00pm • When considering home loan options, you may come across something called a balloon payment. A balloon payment is often tied to a balloon loan, which can have lower initial payments than a traditional loan but can also increase your risk as a borrower. Before accepting a loan with a balloon payment, In UAE, French finance minister warns of climate action cost 11/21/2021 01:08pm • ABU DHABI, United Arab Emirates (AP) ��� Just over a week after some 200 nations struck an agreement aimed at intensifying global efforts to fight climate change, the finance minister of France warned on Sunday that the cost of the energy transition will be ���much higher than expected.��� ���We sho Vietnamese workers at Chinese factory in Serbia cry for help 11/20/2021 02:55am • ZRENJANIN, Serbia (AP) ��� They are shivering in barracks without heat, going hungry and have no money. They say their passports have been taken by their Chinese employer and that they are now stuck in a grim plainland in Serbia with no help from local authorities. These are the Vietnamese workers Theodore Roosevelt Library in North Dakota to take statue 11/19/2021 07:27pm • MEDORA, N.D. (AP) ��� The Theodore Roosevelt Presidential Library in North Dakota has agreed to take a controversial equestrian statue of the 26th president that has stood on the steps of the American Museum of Natural History in New York City since 1940. The bronze statue, designed by James Earle F Ohio State president announces debt-free degree initiative 11/19/2021 04:34pm • COLUMBUS, Ohio (AP) ��� Ohio State University will offer undergraduate students the chance to graduate debt-free after four years under an initiative announced Friday by the school's president that includes a combination of increased scholarships, grants and paid internships. While other colleges of