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Stocks drop, send Wall Street to its worst week of the year 02/24/2023 04:35pm • NEW YORK (AP) — Another cold reminder that inflation remains hotter than hoped sent Wall Street skidding Friday, and stocks closed out their worst week since early December. The S&P 500 fell 1.1% to cap its third straight weekly loss. The Dow Jones Industrial Average dropped as many as 510 po Fed's rate hikes likely to cause a recession, research says 02/24/2023 02:59pm • NEW YORK (AP) — Can the Federal Reserve keep raising interest rates and defeat the nation's worst bout of inflation in 40 years without causing a recession? Not according to a new research paper that concludes that such an “immaculate disinflation” has never happened before. The paper was pro Live updates | Russia Ukraine War Anniversary 02/24/2023 02:56pm • MOSCOW -- Russian President Vladimir Putin has spoken with his Turkish counterpart, Recep Tayyip Erdogan, on the phone, the Kremlin reported. A terse readout published Friday on the Kremlin’s website said the two discussed “the situation around Ukraine,” including a deal mediated by Turkey an Florida man gets 7 years for $2.6M COVID-19 relief fraud 02/24/2023 02:51pm • FORT MYERS, Fla. (AP) — A Florida man has been sentenced to seven years and three months in federal prison for stealing more than $2.6 million in COVID-19 relief funds. Daniel Joseph Tisone, 35, of Naples, was sentenced Tuesday in Fort Myers federal court, court documents show. He pleaded guilty l Newcastle confident in goalkeeper Karius ahead of cup final 02/24/2023 10:53am • NEWCASTLE, England (AP) — Kieran Trippier has known Loris Karius since their youth days at Manchester City. He's not worried about the goalkeeper's state of mind as Newcastle prepares to face Manchester United in the English League Cup final on Sunday. “I know what kind of character he is. He’ Lebanese banks suspend open-ended strike at PM's request 02/24/2023 10:00am • BEIRUT (AP) — Lebanon’s struggling banks on Friday decided to suspend their strike, which started earlier this month, for one week, at the request of caretaker Prime Minister Najib Mikati. The Association of Banks in Lebanon did not give further details about the suspension. The strike began on Asia stocks mixed after Wall St breaks losing streak 02/24/2023 12:02am • BANGKOK (AP) — Shares in Asia were mixed Friday after Wall Street broke its longest losing streak since December with a modest rally led by tech stocks. Benchmarks rose in Tokyo and Sydney but fell in Hong Kong, Shanghai and Seoul. Oil prices rose while U.S. futures edged lower. Japan reported it Ozy Media founder Carlos Watson denies federal fraud charges 02/23/2023 09:25pm • NEW YORK (AP) — The founder of the troubled digital start-up Ozy Media pleaded not guilty Thursday to federal fraud charges accusing him of scheming to prop up his financially struggling company, which hemorrhaged millions of dollars before it shut down amid revelations of possibly deceptive busin 6 Personal Loan Requirements You Should Know 02/23/2023 07:00pm • When you're applying for a personal loan, your lender wants to be confident you can pay it back. That's why a lender might require you to meet credit, income or other standards before approving your application. "The requirements are put in place by the lenders to possibly decrease or totally elimin How to Get a Low Interest Rate on a Personal Loan 02/23/2023 07:00pm • The average interest rate on a two-year personal loan is 11.23%, according to the Federal Reserve. But depending on your credit history, income and other factors, you may be able to qualify for a rate in the single digits. Here's a look at things you can do to score a lower interest rate on a person What the Debt Ceiling Crisis Means for Your Money 02/23/2023 07:00pm • As of January 19, 2023, the U.S. reached its debt limit. As Treasury Secretary Janet Yellen wrote in her letter to Congress, the government now has to resort to "extraordinary measures" to avoid a default on national debt. While the Democrat-led Senate and Republican-controlled House of Representati Is No Credit Better Than Bad Credit? 02/23/2023 07:00pm • What's the difference between no credit and bad credit? No credit means you have no credit history, but bad credit means you've made some mistakes and are paying the price. You may not be able to get a credit card or loan -- and if you do, you may need a co-signer or to pay a sky-high interest rate. How credit scores are evolving to improve access to credit 02/23/2023 05:20pm • NEW YORK (AP) — A lowcredit score can hurt your ability to take out a loan, secure a good interest rate, or increase the spending limit on your credit card. Some reasons for a low score are out of your control — such as unexpected medical debt or a lack of credit history. Credit rating agencie Average long-term US mortgage rate jumps to 6.5% this week 02/23/2023 12:00pm • The average long-term U.S. mortgage rate jumped this week to its highest level since November, more grim news for a housing market that's been in decline for a year. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate rose to 6.5% from 6.32% last week. The ave Yellen affirms push for stronger Russia sanctions at G-20 02/23/2023 09:55am • BENGALURU, India (AP) — The U.S. wants to see tougher and more effectively enforced sanctions against Russia and additional support for Ukraine, Treasury Secretary Janet Yellen said Thursday during meetings of the Group of 20 leading economies in the Indian technology hub of Bengaluru. Speaking