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'Don't give up': Sen. Kaine tells Arlington high schoolers about gun control
06/07/2022 12:30am • After the recent school shooting in Uvalde, Texas, juniors and seniors at Wakefield High School in Arlington, Virginia, met with U.S. Sen. Tim Kaine to ask how they can keep their school safe from guns. "You guys probably have to have safety drills and shooter drills and things like that … we d
How to Find a Financial Advisor if You're Not Rich
06/06/2022 08:00pm • Financial advice isn't just for the wealthy. In fact, the right guidance early in your financial life can have the biggest impact on your long-term success. Many financial advisors, however, aren't interested in working with the middle class. Many firms in recent years have stopped paying commission
EXPLAINER: Is Elon Musk's deal to buy Twitter falling apart?
06/06/2022 05:02pm • Elon Musk on Monday threatened to walk away from his $44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may really be starting to fray. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter accusing the company of refusing to giv
How major US stock indexes fared Monday
06/06/2022 04:38pm • U.S. stocks ticked higher Monday as Wall Street keeps wrestling with whether the economy will successfully avoid a recession amid rising interest rates and high inflation. The S&P 500 and the Nasdaq edged higher. Both started the day with even bigger gains, following up on strength across Europ
Cyprus to UN: Turkey seeks full control of breakaway north
06/06/2022 03:46pm • NICOSIA, Cyprus (AP) — Cyprus will lodge a complaint with the United Nations over Turkey’s new financial assistance deal with breakaway Turkish Cypriots that demonstrates Ankara’s “complete control” over them, the president of the ethnically divided island nation said Monday. President Nic
As SC vote nears, Mace has double Arrington's campaign cash
06/06/2022 02:37pm • COLUMBIA, S.C. (AP) — U.S. Rep. Nancy Mace is beefing up her campaign coffers in an effort to stave off GOP challenger Katie Arrington in the closing days of the Republican primary race for South Carolina's 1st District. The freshman Mace has consistently topped the contest for dollars in the 1st
For mortgage borrowers, the ARM is making a comeback
06/06/2022 09:56am • With long-term fixed rate mortgage rates quickly moving higher this year, and home prices continuing to rise, the adjustable-rate mortgage (ARM) has made somewhat of a comeback. ARMs fell out of favor a few years ago, offering little advantage over historically low fixed-rate
loans
. The increase
Baltimore near the top for zombie foreclosures
06/06/2022 09:41am • Foreclosure starts are on the rise now that government protections against lenders starting them have ended, and 8.3% of homes in some stage of foreclosure in Baltimore are unoccupied, behind only Cleveland among big cities with a large share of vacant foreclosures. Those properties are called zo
Kimberly Palmer: Managing money starts with your emotions
06/06/2022 09:25am • Money can trigger strong emotional reactions, which can lead to not-so-great decisions, like missing payments or overspending. A new wave of books urges people to explore their emotional connections to money in order to make better financial decisions. “Eighty-five or 90% of our money decisions ar
8 Financial Stocks to Buy as Interest Rates Rise
06/05/2022 08:00pm • Stock selection is critical in the financial sector.Rising interest rates are generally good news for bank stocks, helping to expand their net interest margins. Higher interest rates can also boost insurance companies' profits on the safe debt they hold. While interest rates are expected to rise sig
Affordable housing could replace former car dealership site in Alexandria
06/04/2022 08:34pm • The vacant site of a former car dealership in Alexandria, Virginia, could soon be replaced by dozens of affordable housing units. Community Housing Partners (CHP), a Virginia-based nonprofit that works towards sustainable and affordable communities, has proposed a new development in Alexandria ca
Asian shares rise, China trading closed for national holiday
06/02/2022 11:52pm • TOKYO (AP) — Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. Trading was closed in China for the Dragon Boat Festival, a national holiday. Benchmarks in the rest of the region edged higher, cheered by a rally overnight
How to Refinance Your Mortgage
06/02/2022 08:00pm • Mortgage refinancing is when you take out a new home loan to pay off an existing mortgage. If you refinance, you may be able to lock in a lower interest rate, reduce your monthly payments, pay off your mortgage faster or even tap into your home's equity. The mortgage refinancing process may be more
Debt wiped for Corinthian students as bigger decisions loom
06/02/2022 05:51pm • WASHINGTON (AP) — As college graduates wait to see whether President Joe Biden will wipe out some of their student loan debt, his administration is taking a more limited step to address a fraud scandal at Corinthian Colleges, a for-profit chain that collapsed nearly a decade ago. Anyone who enrol
EU chief: Poland's actions will decide when it gets funds
06/02/2022 01:51pm • WARSAW, Poland (AP) — The European Commission chief said Thursday that Poland's right-wing government is responsible for fully implementing the steps on judiciary independence that will make the disbursement of billions of euros in EU pandemic recovery grants and
loans
for the country possible. C
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