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Opinion: Wes Moore is serious about service
01/26/2023 12:29pm • Traveling across the country in recent years, I discovered a sure way to fire up an audience: issue a call to young people for a year of service to others."It's called national service," I tell people. "Sometime between the ages of 18 to 24 or so, we offer you an option to spend a year helping other
US home sellers get while the gettin's good
01/26/2023 12:15pm • LOS ANGELES (AP) — Homeowners who held off on selling their home in 2022 as the housing market slowed missed out on a windfall and may have to settle for slimmer profits if they opt to sell this year. The sale of a median-priced U.S. home last year translated into a profit of $112,000, a 21% incre
Average long-term mortgage rate at lowest level in 4 months
01/26/2023 12:00pm • The average long-term U.S. mortgage rate fell to its lowest level in more than four months, giving some relief to homebuyers faced with higher prices for just about everything, including homes. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate inched down to
Cash-strapped Pakistan's rupee plunges amid talks with IMF
01/26/2023 10:02am • ISLAMABAD (AP) — Cash-strapped Pakistan’s currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary Fund for the next tranche of its bailout package. Pakistan is seeking a crucial installment of $1.
How will we know if the US economy is in a recession?
01/26/2023 09:49am • WASHINGTON (AP) — The second consecutive quarter of economic growth that the government reported Thursday underscored that the nation isn't in a recession despite high inflation and the Federal Reserve's fastest pace of interest rate hikes in four decades. Yet the U.S. economy is hardly in the cl
Cannabis, education top priorities for Md.'s Legislative Black Caucus
01/26/2023 09:28am • This content was republished with permission from WTOP’s news partners at Maryland Matters. Sign up for Maryland Matters’ free email subscription today. Establishing a criminal justice policy that prevents police officers from stopping drivers and searching vehicles just because they smell ca
Fewer Americans file for jobless claims last week
01/26/2023 08:54am • WASHINGTON (AP) — Fewer Americans filed for unemployment benefits last week as the labor market remains tight, even as the Federal Reserve has tried to cool the economy and inflation by raising interest rates. Applications for jobless aid in the U.S. for the week ending Jan. 21 fell by 6,000 last
International soccer transfer market rebounds in 2022
01/26/2023 08:43am • ZURICH (AP) — Soccer’s international transfer market continued to rebound from the COVID-19 pandemic with a record 20,000 deals between clubs from different countries last year, FIFA said Thursday. Total spending worldwide was $6.5 billion in transfer fees for players who moved across borders be
UN forecasts fall in global economic growth to 1.9% in 2023
01/25/2023 10:33pm • UNITED NATIONS (AP) — The United Nations forecast Wednesday that global economic growth will fall significantly to 1.9% this year as a result of the food and energy crisis sparked by the war in Ukraine, the ongoing impact of the COVID-19 pandemic, persistently high inflation and the climate emerge
Questions persist on source of George Santos campaign funds
01/25/2023 07:59pm • NEW YORK (AP) — Of all the questions swirling around U.S. Rep. George Santos, one of the most serious has been how he amassed the personal fortune he claimed to have used to finance his campaign. The Republican fabulist filed new campaign finance reports this week that only elevated the confusion
Sri Lanka says debt-restructuring talks making progress
01/25/2023 07:40pm • COLOMBO, Sri Lanka (AP) — Debt-stricken Sri Lanka’s Central Bank chief said Wednesday that the country is making good progress in talks with its creditors to obtain financial assurances for debt restructuring, an important step toward finalizing an International Monetary Fund rescue plan. Sri La
What to Know About Filing Taxes
01/25/2023 07:00pm • Filing for tax years 2020 and 2021 was complicated and filled with last-minute changes, new laws and pandemic-related benefits. There's much less drama for tax year 2022 -- but some of those benefits you may have enjoyed last year have gone away. For example, the $600 charitable deduction for couple
Guaranteed Income Strategies for Retirement
01/25/2023 07:00pm • A major retirement fear is running out of cash too soon. Having a steady stream of guaranteed income can curb the odds of retirement funds running low. Setting up guaranteed income can give you peace of mind that you will be able to cover any retirement financial shortfalls. What is Guaranteed Incom
How to Afford a House in This Market
01/25/2023 07:00pm • The Covid-19 pandemic helped spur one of the biggest housing boom cycles in history. In 2020, the Federal Reserve slashed interest rates to zero, dropping mortgage rates into the 2% range. Artificially low numbers coupled with the new remote work trend pushed more people to buy more homes in relativ
Barcelona beats 10-man Sociedad 1-0 to reach Copa semifinals
01/25/2023 06:58pm • MADRID (AP) — The days of Barcelona fans jeering Ousmane Dembélé are long gone. There were only cheers from the crowd at the Camp Nou after the France forward led the hosts to the semifinals of the Copa del Rey on Wednesday. Dembélé scored the winning goal early in the second half as Barcelona
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