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IMF warns Lebanon that the country is still facing enormous challenges, years after a meltdown began
09/15/2023 12:33pm • BEIRUT (AP) — Four years after Lebanon’s historic meltdown began, the small nation is still facing “enormous economic challenges,” with a collapsed banking sector, eroding public services, deteriorating infrastructure and worsening poverty, the International Monetary Fund warned Friday. In a
China welcomes Cambodian and Zambian leaders as it forges deeper ties with Global South
09/15/2023 06:14am • BEIJING (AP) — China and Zambia upgraded their relationship to a comprehensive strategic cooperative partnership on Friday, the latest move by America's chief global rival to forge deeper ties with the Global South. Chinese President Xi Jinping and his Zambian counterpart announced the agreement s
Understanding DC real estate: Is buying a house in the DMV possible?
09/14/2023 09:38pm • Whether you are renting or buying a home in the D.C. area, the process can be complicated and expensive. According to data from the first quarter of this year, D.C. has the 7th highest cost of living among major U.S. metropolitan regions. To make matters worse, for-sale signs aren't popping u
Both sides rest in Texas AG Ken Paxton's impeachment trial, moving historic case closer to a verdict
09/14/2023 08:03pm • AUSTIN, Texas (AP) — The impeachment trial of Texas Attorney General Ken Paxton moved closer to a verdict Thursday as closing arguments were set in the historic case that has put the embattled Republican's career in jeopardy over accusations of corruption and bribery. Both sides were scheduled to
What Is an Adjustable-Rate Mortgage?
09/14/2023 08:00pm • An adjustable-rate mortgage, or ARM, is a type of home loan with an interest rate that can change over time, unlike a fixed interest rate, which stays the same during the life of the loan. ARMs typically come with lower initial interest rates than traditional fixed-rate mortgages, making them a popu
7 of the Best High-Dividend ETFs
09/14/2023 08:00pm • In a climate marked by rising interest rates, swelling inflation and slowing economic growth, many investors are questioning their portfolio allocations. Heightened market volatility and steep growth stock valuations are consequently making dividend stocks, often seen as beacons of stability, a much
What Is Mortgage Forbearance?
09/14/2023 08:00pm • Mortgage forbearance allows homeowners facing financial hardship to put their payments on pause for a set period of time. Here's what you should know about mortgage forbearance, in case you need to weather a future financial crisis. What Is Mortgage Forbearance?Mortgage forbearance is temporary reli
10 Best Value Stocks to Buy Now
09/14/2023 08:00pm • Heading into the final stretch of 2023, the stock market has delivered robust returns. Growth stocks have rebounded with new innovations in fields such as artificial intelligence and semiconductors leading to investor excitement. However, major macroeconomic headwinds remain, such as higher interest
How Can Your Life Insurance Be a Source of Income?
09/14/2023 08:00pm • You may think of life insurance strictly as a legacy you leave for your family after you die, but your policy actually could help you live -- if you ever need long-term care. There are some ways to use money from your life insurance policy to help pay for an assisted living community, nursing home o
IRS will pause taking claims for pandemic-era tax credit due to an influx of fraudulent claims
09/14/2023 05:02pm • The Internal Revenue Service is pausing accepting claims for a pandemic-era tax credit until 2024 due to rising concerns that an influx of applications are fraudulent. The tax credit, called the Employee Retention Credit, was designed help small businesses keep paying their employees during the hei
Retail sales rise 0.6% in August largely due to a spike in gas prices
09/14/2023 12:13pm • NEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school. Retail sales rose 0.6% in August, compared with a revised 0.5% increase in July, according to a report issued by
The average long-term US mortgage rate edged up to 7.18% this week, where it stood two weeks ago
09/14/2023 12:12pm • LOS ANGELES (AP) — The average long-term U.S. mortgage rate edged up this week, pushing higher the borrowing costs for prospective homebuyers already facing a housing market limited by a dearth of homes for sale and rising prices. The average rate on the benchmark 30-year home loan rose to 7.18% f
Man United manager Ten Hag has been hit by a slew of problems in a troubled start to the season
09/14/2023 11:37am • MANCHESTER, England (AP) — Manchester United has been beset with problems on and off the field, and the Premier League season is only four games old. After already losing twice, results and performances have been disappointing; particularly when manager Erik ten Hag was expected to mount more of a
Cambodian Prime Minister Hun Manet visits country's close ally China on his 1st official trip abroad
09/14/2023 11:30am • BEIJING (AP) — Cambodian Prime Minister Hun Manet arrived in Beijing on Thursday on his first official trip abroad since taking office last month. The visit demonstrates his country's warm relations with China, Cambodia's closest political and economic ally. Hun Manet was expected to meet Chinese
Martha's Table opens state-of-the-art kitchen for aspiring chefs in DC's Ward 8
09/14/2023 11:05am • Martha's Table is giving aspiring chefs and restaurateurs in D.C.'s Ward 8 a chance to hone their skills at its state-of-the-art kitchen. (Courtesy Martha's Table) Nonprofit Martha's Table has partnered with the Latino Development Center's Food Venture Initiative to give aspiring chefs and res
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