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Fitch raises Cyprus' credit rating by a notch to BBB+ thanks to resilient economy, fiscal discipline 06/07/2024 08:18pm • NICOSIA, Cyprus (AP) — The Fitch agency said Saturday it has raised Cyprus’ credit rating by a notch to BBB+. It cited the country’s heightened ability to withstand financial shocks, the government's commitment to keeping its finances in order and a strengthened banking sector thanks in part t Baseball players' union alleges employees at Bad Bunny agency offered improper inducements 06/07/2024 05:50pm • SAN JUAN. Puerto Rico (AP) — The Major League Baseball Players Association alleged employees at Bad Bunny’s sports representation firm provided improper inducements to dozens of players, causing the union to decertify an agent and issue a fine. Rimas Sports, under its corporate name Diamond Spor Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive 06/07/2024 01:09pm • NEW YORK (AP) — They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good. An Associated Press analysis found their numbers have Accused of stealing COVID funds, DC LGBTQ charity founder is set to plead guilty Accused of stealing COVID funds, DC LGBTQ charity founder is set to plead guilty 06/07/2024 01:08pm • The well-known founder of a D.C. charity that aimed to help LGBTQ youth, who was charged with fraud and money laundering earlier this year, is now set to plead guilty to a single wire fraud charge. Prior to the filing of a new charge of wire fraud on May 31, Ruby Corado, 53, had faced charges of US hiring and wage growth picked up last month in sign of sustained economic health US hiring and wage growth picked up last month in sign of sustained economic health 06/07/2024 12:42pm • WASHINGTON (AP) — America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. Last month’s sizable job gain suggests that the economy is still growin A new account rekindles allegations that Trump disrespected Black people on 'The Apprentice' A new account rekindles allegations that Trump disrespected Black people on 'The Apprentice' 06/07/2024 12:03pm • Gene Folkes had just been jettisoned as a contestant on “The Apprentice” and was commiserating with a crew member at a bar inside the lobby of Trump Tower. He was indignant — and not just at having been kicked off the reality show after its star, Donald Trump, had delivered his catchphrase: AP Decision Notes: What to expect in Nevada's state primaries AP Decision Notes: What to expect in Nevada's state primaries 06/07/2024 11:57am • WASHINGTON (AP) — Voters in the key swing state of Nevada head the polls for the second (or, in some cases, third) time this year to select the candidates who will appear in some of this fall’s most competitive legislative races. After holding both presidential primaries and a presidential caucu Takeaways from AP analysis on the rise of world's debt-laden 'zombie' companies 06/07/2024 01:45am • NEW YORK (AP) — An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they're struggling to pay even the interest on their loans — has soared to nearly 7,000 around the world, including 2,000 in the United States. And many of them so Tim Scott, a potential Trump VP pick, launches a $14 million outreach effort to minority voters Tim Scott, a potential Trump VP pick, launches a $14 million outreach effort to minority voters 06/06/2024 10:52pm • WASHINGTON (AP) — A top ally and potential running mate of former President Donald Trump is launching a new effort to win over Black and other nonwhite working class voters he argues could be the deciding factor in November's elections. South Carolina Sen. Tim Scott, the only Black Republican in t Little relief: Mortgage rates ease, pulling the average rate on a 30-year home loan to just below 7% Little relief: Mortgage rates ease, pulling the average rate on a 30-year home loan to just below 7% 06/06/2024 03:36pm • LOS ANGELES (AP) — The average rate on a 30-year mortgage dipped to just below 7% this week, little relief for prospective homebuyers already facing the challenges of rising housing prices and a relatively limited inventory of homes on the market. The rate fell to 6.99% from 7.03% last week, mortg Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy 06/06/2024 09:33am • NEW YORK (AP) — Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending. The share of credit card debt that's more than 90 days overdue rose to 10.7% during the first quarter, a 12-year high, accordin Carry a Credit Card Balance vs. Pay in Full: What's Better for Your Credit? 06/05/2024 08:00pm • Carrying a balance doesn't do your credit any favors: It just racks up interest charges. Here's why carrying a card balance to build credit is a myth and what you can do to get a good credit score. Does Keeping a Balance Help Your Credit Score?Carrying a balance does nothing to help your credit scor The first Black leader of Wales loses a no-confidence vote but says he won't resign The first Black leader of Wales loses a no-confidence vote but says he won't resign 06/05/2024 03:25pm • LONDON (AP) — The first minister of Wales, Vaughan Gething, lost a no-confidence vote in the Welsh parliament on Wednesday, less than three months after he made history as the first Black leader of a government in the U.K. The opposition Conservatives called the nonbinding vote in Gething, who hea Online marketplace eBay to drop American Express, citing fees, and says customers have other options Online marketplace eBay to drop American Express, citing fees, and says customers have other options 06/05/2024 11:44am • NEW YORK (AP) — Online marketplace behemoth eBay said it plans to no longer accept American Express, citing what the company says are “unacceptably high fees” and that customers have other payment options to shop online. It's a notable blow to American Express, whose customers are often the m 15 Companies That Help Pay Off Student Loans 06/04/2024 08:00pm • Whether you have a shiny new degree coming or one already hanging on the wall, it's possible you went into significant debt to earn it. In 2022, 61% of college graduates had taken on student debt, and the average student loan balance for those borrowers was $29,417, according to U.S. News data. If y
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