Search

CFPB Announces New Protections for Buy Now, Pay Later 05/29/2024 08:00pm • The Consumer Financial Protection Bureau issued an interpretive rule on May 22 that extends consumer protections to borrowers using buy now, pay later loans. This short-term financing allows borrowers to pay for products and services in online installments, such as four biweekly payments. BNPL loans 'Are you with me?' Biden and Harris launch Black voter outreach and warn of a second Trump term 05/29/2024 06:02pm • PHILADELPHIA (AP) — President Joe Biden renewed his election-year pitch to Black voters on Wednesday, lashing out at Donald Trump’s “MAGA lies” and saying the winner of this year's White House race will make crucial decisions, including on nominees for the Supreme Court, that could affect th Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause 05/29/2024 01:18pm • WASHINGTON (AP) — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation. A key reason for the delay in US Treasury official visits Ukraine to discuss sanctions on Moscow and seizing Russian assets 05/29/2024 12:54pm • WASHINGTON (AP) — A senior U.S. Treasury official has met with Ukrainian officials in Kyiv to discuss U.S. financial support, enforcing sanctions on Russia and using frozen Russian assets for Ukraine's benefit in the war with Moscow. The visit this week by Deputy Secretary Wally Adeyemo came as Ru Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president 05/29/2024 11:56am • WASHINGTON (AP) — The Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, a former executive at investment bank Goldman Sachs, would be its next president effective Aug. 21. Hammack, 52, worked at Goldman Sachs from 1993 until stepping down earlier this year. She was most re Birmingham-Southern's baseball team flooded with funds for World Series trip as school sets to close 05/29/2024 11:40am • CLEVELAND (AP) — The baseball team soon to be without a school has a growing fan base. Birmingham-Southern’s inspiring, unexpected journey has won over some hearts. The Panthers, who have kept their season alive as their school is on the brink of shutting down for good on Friday, have captured i The Fed indicated rates will remain higher for longer. What does that mean for you? 05/29/2024 11:38am • NEW YORK (AP) — Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after the Federal Reserve indicated Wednesday that it doesn’t plan to cut interest rates until it has “great Koeman includes De Jong and Depay in Dutch squad at Euro 2024 but no place for Maatsen 05/29/2024 11:33am • ZEIST, Netherlands (AP) — Netherlands coach Ronald Koeman left Borussia Dortmund wing back Ian Maatsen out of his final 26-man squad Wednesday for the European Championship despite his strong performances helping to propel Dortmund to the Champions League final. Barcelona midfielder Frenkie de Jon Giant pandas are coming back to the Smithsonian National Zoo 05/29/2024 10:35am • After a long and bittersweet farewell last November when D.C.'s giant pandas embarked to China on a FedEx plane, giant pandas are coming back to the nation's capital. The Smithsonian National Zoo announced Wednesday that two new pandas, Bao Li and Qing Bao, will be transported to the zoo by t IMF upgrades its forecast for China's economy, but says reforms are needed to support growth 05/29/2024 09:34am • The International Monetary Fund has upgraded its forecast for China’s economy, while warning that consumer-friendly reforms are needed to sustain strong, high-quality growth. The IMF's report, issued late Tuesday, said the world's second-largest economy will likely expand at a 5% annual rate this Dortmund heads into Champions League final with an older, tougher team instead of young talents 05/29/2024 08:13am • DORTMUND, Germany (AP) — Borussia Dortmund is world soccer's finishing school no longer. A club renowned for readying talented youngsters like Jude Bellingham and Erling Haaland for the big stage is now on that stage itself, facing Real Madrid — and Bellingham — in the Champions League final S 6 Scams That Target Your Bank Account 05/28/2024 08:00pm • Scamming is rampant. More than 67,000 people filed scam reports with the Better Business Bureau in 2023, and the median reported dollar loss was $100, according to the BBB Scam Tracker Risk Report. A lot of those scams are targeting your bank accounts. And though federal law limits liability for cre Should I Sell My Home to Pay Off Debt? 05/28/2024 08:00pm • The average American owes over $104,000 in consumer debt, according to the latest data from Experian. If you feel like you're drowning in debt, you may be considering out-of-the-box solutions to pay it off -- such as selling your house. Selling your home could free up funds to pay off what you owe, 7 Best High-Dividend ETFs to Buy Right Now 05/28/2024 08:00pm • The appeal of high-dividend exchange-traded funds, or ETFs, is obvious to most investors. Investment income is attractive to all ETF investors but can be critically important to retired folks or others who rely on dividends for living expenses. High-dividend ETFs use several methods to generate the More people make 'no-buy year' pledges as overspending or climate worries catch up with them 05/28/2024 05:28pm • NEW YORK (AP) — A 35-year-old Brooklyn resident gave up buying new clothes. A 22-year old in San Diego swore off retail therapy at Target. A 26-year old in England banned carbonated drinks from her shopping list. These three women, who don’t know each other, all started the year resolving to sp