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Showing
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Teamsters say trucking giant Yellow Corp. is ceasing operations, filing for bankruptcy
08/01/2023 01:42pm • NEW YORK (AP) — Troubled trucking company Yellow Corp. is shutting down and headed for a bankruptcy, the Teamsters said Monday. An official bankruptcy filing is expected any day for Yellow, after years of financial struggles and growing debt. Its expected liquidation would mark a significant shift
Brazilian player involved in match-fixing scandal transfers to Cyprus
07/31/2023 09:53pm • SAO PAULO (AP) — A Brazilian soccer player who was charged in a recent match-fixing scandal said Monday he is leaving the South American country to play in Cyprus. Alef Manga, 28, is accused of accepting a bribe of about $11,000 to get booked in a Brazilian championship match involving his club Co
2023's 10 Best-Performing Stocks
07/31/2023 08:00pm • The 2023 S&P 500 market rally continued in July as inflation, as measured by a gauge preferred by the Federal Reserve, fell to its lowest level in nearly two years. Investors are becoming increasingly confident that the Fed can continue to bring down inflation and navigate a soft landing for the
How to Change Your Address With Social Security
07/31/2023 08:00pm • If you receive Social Security income, you may be concerned about payments continuing if you move to a new 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 nee
5 of the Best Stocks to Buy Now
07/31/2023 08:00pm • The stock market continues to climb, with the S&P 500 notching fresh 52-week highs in July. Despite further rate hikes from the Federal Reserve, investors seem confident that the economy will be able to handle the tighter monetary policy. There's certainly the possibility that the Fed will be ab
7 Best BDC Stocks and ETFs to Buy for Income
07/31/2023 08:00pm • Income investing is a popular approach that involves buying well-researched assets for their yields. If you put $10,000 into quality stocks that average a 4% yield, you can earn $400 per year in passive income. Finding stocks that average a 5% yield can increase your annual earnings to $500 every ye
Ex-millionaire who had ties to corrupt politicians gets 5-plus years in prison for real estate fraud
07/31/2023 07:24pm • BRIDGEPORT, Conn. (AP) — A one-time millionaire real estate developer with past ties to corrupt Connecticut politicians was sentenced to more than five years in prison on Monday for fraud involving a failed hotel-condominium project in Florida and properties elsewhere. Robert Matthews requested a
Nigerian leader has announced economic measures to ease hardship as labor unions threaten protests
07/31/2023 06:34pm • ABUJA, Nigeria (AP) — Nigeria’s President Bola Tinubu on Monday announced economic measures to ease growing hardship in Africa's most populous country as labor unions threatened protests to demand more action. Several government policies introduced by Tinubu since he took office in May have furt
DeSantis unveils new economic policy that targets China, taxes and regulations
07/31/2023 05:18pm • ROCHESTER, N.H. (AP) — In a new policy plan unveiled Monday, Republican presidential hopeful Ron DeSantis took aim at China with a “Declaration of Economic Independence” that also targets taxes, regulations and “elites” he blames for the nation’s decline. Speaking in a New Hampshire w
Beijing has invested $25.4B in Pakistan over the last decade, Chinese vice premier says
07/31/2023 02:47pm • ISLAMABAD (AP) — China has invested $25.4 billion in Pakistan over the past decade for projects ranging from roads to power plants, China's vice premier said Monday, as the two countries celebrated the 10th anniversary of the so-called Belt and Road Initiative. The initiative, also called the Chin
A Biden plan cuts student loan payments for millions to $0. Will it be the next legal battle?
07/31/2023 10:10am • WASHINGTON (AP) — The Biden administration calls it a “student loan safety net.” Opponents call it a backdoor attempt to make college free. And it could be the next battleground in the legal fight over student loan relief. Starting this summer, millions of Americans with student
loans
will be
Lebanon's central bank governor ends 30-year tenure under investigation during dire economic crisis
07/31/2023 08:18am • BEIRUT (AP) — Lebanon's embattled central bank governor stepped down on Monday under a cloud of investigation and blame for his country's economic crisis as several European countries are probing his alleged financial crimes. Riad Salameh, 73, ended his 30-year tenure as tearful employees took pho
First on CNN: Biden administration launches new income-driven student debt repayment plan
07/31/2023 06:44am • (CNN) — The Biden administration is launching a beta website for its new income-driven student loan repayment plan today, officials told CNN, allowing borrowers to begin submitting applications for the program as federal student loan payments are set to resume in October. The SAVE, or Saving on
Europe's economy grows a bit after months of stagnation. But rate hikes are weighing on businesses
07/31/2023 06:31am • FRANKFURT, Germany (AP) — Europe’s economy has grown modestly after months of stagnation, but higher interest rates designed to fight inflation are casting a shadow as they make it more expensive for households and businesses to borrow, invest and spend. The 20 countries that use the euro curren
All About Public Service Loan Forgiveness
07/30/2023 08:00pm • Many student loan borrowers received some relief when the U.S. Department of Education paused payments, collections and interest on most federal student
loans
in March 2020 due to the coronavirus pandemic. That relief is coming to an end. After multiple extensions of that administrative forbearance,
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