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Showing
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How steep Fed rate hikes affect your finances
09/21/2022 02:08pm • NEW YORK (AP) — Mortgage rates have jumped, home sales have slumped and credit cards and auto
loans
have gotten pricier. Savings rates are slightly juicier, though. As the Federal Reserve has rapidly increased interest rates, many economists say they fear that a recession is inevitable in the comi
US home sales slipped, prices grew more slowly in August
09/21/2022 11:28am • Sales of previously occupied U.S. homes slowed in August for the seventh month in a row, as sharply higher mortgage rates and rising prices made homebuying less affordable, further cooling the once red-hot housing market. The National Association of Realtors said Wednesday that existing home sale
Record spending over California's legal gambling initiative
09/21/2022 09:28am • LOS ANGELES (AP) — The campaign that could bring legalized sports betting to California is the most expensive ballot-initiative fight in U.S. history at about $400 million and counting, pitting wealthy Native American tribes against online gambling companies and less-affluent tribes over what's ex
Asian shares decline ahead of Fed decision on interest rates
09/20/2022 11:24pm • TOKYO (AP) — Asian shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve as it works to squash the highest inflation in decades. Japan's benchmark Nikkei 225 dipped 1.4% in morning trading to 27,308.66. Australia's S&P/AS
What Are Federal Fair Housing Laws?
09/20/2022 08:00pm • In many situations, laws regarding property, housing and the process for people moving into and out of a home are left to states, counties and individual cities to determine. However, the federal government regulates housing most notably when it comes to discrimination, and is aimed at protecting gr
Ways to Save for Your Child's College Education
09/20/2022 08:00pm • If you are a new parent or your kids are young, you'll want to do one thing right now: Start putting money into a college savings plan. Having a college fund for kids is generally a surefire way to help transition your children to a successful adulthood. And college, as we all know, isn't cheap. Acc
How to Find a Financial Advisor for Marriage
09/20/2022 08:00pm • Smart couples realize that engaging a financial advisor as soon as they have a "ring and a date" can be one of their best investments in a happy ever after. A 2013 survey of 191 certified divorce financial analyst professionals noted that 22% of married couples end up in divorce court due to money
World Cup Watch: Tough start at Milan for US defender Dest
09/20/2022 05:44pm • MILAN (AP) — United States defender Sergiño Dest joined Italian champion AC Milan with the hope of getting more playing time ahead of the World Cup. He's gotten off to a tough start. “American Horror Story, a 45-minute episode,” was how Italian newspaper Gazzetta dello Sport described Dest’
Bipartisan mayors voice criticism of new voting restrictions
09/20/2022 04:58pm • HOUSTON (AP) — A bipartisan group of mayors said Tuesday that whatever political differences they might have, they are united in fighting against recent voting restrictions enacted in some Republican-controlled states that they view as an attack on democracy. The mayors spoke at the National No
Toney takes unusual route to brink of World Cup with England
09/20/2022 12:28pm • Before every game, Ivan Toney receives a message from his mother. “Be a beast,” it reads. So that’s what he tries to do. Whether it’s for Brentford as one of the Premier League’s leading scorers or, in the next few days, as the newbie in England’s national team. Toney got a call-up by hi
Former Va. state employee sentenced for stealing $1.8 million in COVID relief
09/20/2022 10:37am • A former Virginia state employee has been sentenced to nearly six years in prison in connection with a scam that involved ripping off financial programs that were created to help people during the economic downturn caused by the coronavirus pandemic. Sadie Mitchell, 30, of Midlothian, was given t
Putin blasts US attempts to preserve global domination
09/20/2022 09:46am • MOSCOW (AP) — Russian President Vladimir Putin on Tuesday blasted what he described as U.S. efforts to preserve its global domination and ordered officials to boost weapons production amid the fighting in Ukraine. Speaking while receiving credentials from foreign ambassadors to Moscow, Putin said
Deadline approaching for longtime public service workers to see student debt waived
09/20/2022 04:51am • A career in public service could pay off for some federal student loan borrowers — a program with an upcoming deadline could help some D.C.-area workers apply to have their debt waived. Borrowers who have worked in public service for a decade could have their entire student loan debt waived, ac
Asia shares rise on US rally ahead of expected Fed rate hike
09/20/2022 02:39am • TOKYO (AP) — Asian shares mostly rose Tuesday, after Wall Street closed higher on a late buying spree following recent losses as investors await another interest rate increase by the U.S. Federal Reserve. Markets have been jittery over whether the Fed’s plan to cool the hottest U.S. inflation in
Purple Innovation, Kinross rise; AutoZone, Marathon Oil fall
09/19/2022 04:17pm • NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: AutoZone Inc.. down $68.06 to $2,097.59. The auto parts retailer reported strong fiscal fourth-quarter financial results. Take-Two Interactive Software Inc., up 89 cents to $125.08. The maker of Grand Theft Auto an
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