Search

Why 'buy now, pay later' plans have become 'big debt traps' for shoppers 11/09/2023 04:31pm • Are you gearing up for the holiday shopping season? Retailers sure are, and they're offering consumers all kinds of options of pay, besides credit cards. One of those payment options is buy now, pay later. "They've been around a long time. They started out as a way that retailers could make ex Powell reinforces Fed's cautious approach toward further interest rate hikes 11/09/2023 03:59pm • WASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested Thursday that the Fed is in no hurry to further raise its benchmark interest rate, given evidence that inflation pressures are continuing to ease at a gradual pace. At the same time, in a panel discussion at the International Monetar Bo Hines, who lost a close 2022 election in North Carolina, announces another Congress run 11/09/2023 02:35pm • MOCKSVILLE, N.C. (AP) — A North Carolina congressional candidate who narrowly lost in the state's only U.S. House swing district in 2022 is running in 2024 for a seat in another part of the state. Republican Bo Hines on Thursday filed candidacy papers with federal elections officials and released The average long-term US mortgage rate falls to 7.5% in second-straight weekly drop 11/09/2023 12:12pm • LOS ANGELES (AP) — The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month. The latest decline brought the average rate on a 30-year mortgage down to 7.5% from 7.76% last week Bypassing mortgage rates: Share of US homes bought with cash hits highest level in nearly a decade 11/09/2023 08:00am • LOS ANGELES (AP) — Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash. Homes purchased entirely with cash, which means there was no reference to a mortgage on the deed, accounted for 34.1% of all sales in September. US plans to build a $553 million terminal at Sri Lanka's Colombo port in rivalry with China 11/09/2023 12:31am • COLOMBO, Sri Lanka (AP) — The U.S. announced a $553 million project Wednesday to build a deep-water shipping container terminal in Sri Lanka's Port of Colombo as it competes with China in international development financing. The project is billed as providing critical infrastructure for the South House Republicans subpoena Hunter and James Biden as their impeachment inquiry ramps back up 11/08/2023 11:49pm • WASHINGTON (AP) — House Republicans issued subpoenas Wednesday to members of President Joe Biden's family, taking their most aggressive step yet in an impeachment inquiry bitterly opposed by Democrats that is testing the reach of congressional oversight powers. The long-awaited move by Rep. James Ivanka Trump’s testimony: She worked on dad’s deals, not financial documents key to civil fraud case 11/08/2023 10:16pm • NEW YORK (AP) — Ivanka Trump didn't want to testify. But on the stand Wednesday in her father's civil fraud trial, she took the opportunity to contend the family business has “overdelivered,” even as she kept her distance from financial documents that New York state says were fraudulent. Form 7 Best High-Dividend Mutual Funds 11/08/2023 07:00pm • Some investors think the universe of investment products begins and ends with exchange-traded funds, or ETFs. But traditional mutual funds still have a lot to offer -- particularly the high-dividend mutual funds that provide diversification as well as consistent yield. Also, the old perception of di Really impressive Madrid, Sociedad advance in Champions League. Man United again falls in wild loss 11/08/2023 06:59pm • GENEVA (AP) — On a royally good evening for standout Spanish teams, Manchester United fell in another wild loss in the Champions League on Wednesday. Real Madrid and Real Sociedad advanced to the round of 16 with two games to spare after impressive home wins over Portuguese opponents, respectively Lunin saves penalty after Kepa injury. Real Madrid eases into knockout stage of Champions League 11/08/2023 06:25pm • MADRID (AP) — It didn't take long for Andriy Lunin to show he was ready to take over for Kepa Arrizabalaga in Real Madrid's goal after his teammate got injured during warmups. Lunin was a last-minute replacement for Kepa and saved a penalty six minutes into the match as Real Madrid went on to adva National Zoo's giant pandas fly home amid uncertainty about future panda exchanges 11/08/2023 06:00pm • WASHINGTON (AP) — The day that panda lovers have been dreading has finally come. The National Zoo's three giant pandas, Mei Xiang, Tian Tian and their cub Xiao Qi Ji. on Wednesday began their long trip to China, leaving behind an empty panda exhibit with no certainty that pandas ever would again t Union Berlin ends 12-match losing streak with 1-1 draw at Napoli in Champions League 11/08/2023 05:31pm • NAPLES, Italy (AP) — Union Berlin’s incredible losing streak ended in an unlikely place as it rescued a 1-1 draw at Serie A champion Napoli in the Champions League on Wednesday. Matteo Politano gave Napoli the lead in the 39th minute but David Datro Fofana, who is on loan from Chelsea, leveled s Texas businessman at center of Attorney General Ken Paxton’s impeachment facing new charges 11/08/2023 02:16pm • DALLAS (AP) — A Texas businessman at the center of the scandal that led to the historic impeachment of state Attorney General Ken Paxton has been charged with additional federal crimes. The new indictment of Nate Paul alleges that he defrauded business partners, adding to earlier charges that the Book Review: Alice McDermott's 'Absolution' captures America with Vietnam War in the background 11/08/2023 01:31pm • Living in Western diplomatic privilege with cooks and maids and drivers, the women in the new novel “Absolution” spend their days attending luncheons, lectures and cocktail parties as the Vietnam War rumbles in the background. It's 1963 Saigon, but the wives of ambitious American attorneys and