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9 Upgraded Stocks to Buy in May 05/05/2022 08:00pm • Analysts recommend these upgraded stocks for May.The S&P 500 continued its disappointing start to 2022 with an 8.8% decline in April. Heading into May, investors are concerned about the ongoing impact of Russia's invasion of Ukraine, the possibility of aggressive Federal Reserve interest rate hi How to Handle Rising Mortgage Rates 05/05/2022 08:00pm • Mortgage interest rates have risen rapidly in early 2022, with 30-year fixed rates going from an average of 3.22% in January to 5.1% by late April. While that's still relatively low historically speaking -- the average rate reached an all-time high of 18.63% in 1981 -- it still has a significant imp Anti-discriminatory bank law getting update for modern era 05/05/2022 04:54pm • NEW YORK (AP) — The three major U.S. banking regulators said Thursday they a plan to rewrite much of the outdated regulations tied to a decades-old banking law designed to encourage lending to the poor and racial minorities in the areas where banks have branches. The stated aim of the overhaul of US mortgage rates rise; 30-year at 5.27%, highest since 2009 05/05/2022 03:32pm • WASHINGTON (AP) — Average long-term U.S. mortgage rates resumed their ascent this week, as the key 30-year loan reached its highest point since 2009. The increases came in the week preceding the widely anticipated action by the Federal Reserve, announced Wednesday, to intensify its fight agains The AP Interview: Belarus admits Russia's war 'drags on' 05/05/2022 01:01pm • MINSK, Belarus (AP) — Belarus’ authoritarian President Alexander Lukashenko defended Russia’s invasion of Ukraine in an interview Thursday with The Associated Press, but he said he didn’t expect the 10-week-old conflict to “drag on this way.” He also spoke out against the use of nuclear Ex-banker charged with conspiring in Murdaugh money scheme 05/05/2022 11:38am • COLUMBIA, S.C. (AP) — A grand jury has indicted the former CEO of a South Carolina bank on charges of conspiring with once-prominent, now- suspended attorney Alex Murdaugh to defraud victims — including the family of a deaf man who became quadriplegic after a car crash — of $1.8 million. Russ Do you need a grad degree to compete right now? Probably not 05/05/2022 09:04am • More U.S. workers than ever hold a graduate degree. Years of intensifying job requirements and headlines declaring a master’s “the new bachelor’s degree” nudged a record number of students into grad school. And yet more well-paying jobs no longer require a college degree at all. In this tigh Sri Lanka government wins Parliament vote amid protests 05/05/2022 08:17am • COLOMBO, Sri Lanka (AP) — Sri Lanka’s beleaguered government won a key vote in Parliament on Thursday as a ruling coalition-backed candidate was elected deputy speaker, despite growing public pressure on the government amid the worst economic crisis in decades. The vote was seen as crucial to de Rising interest rates in US will hinder foreign economies 05/05/2022 12:23am • WASHINGTON (AP) — When the Federal Reserve raises interest rates — as it did Wednesday — the impact doesn’t stop with U.S. homebuyers paying more for mortgages or Main Street business owners facing costlier bank loans. The fallout can be felt beyond America’s borders, hitting shopkeepers i President declares disaster in New Mexico wildfire zone 05/04/2022 11:19pm • LAS VEGAS, N.M. (AP) — Firefighters slowed the advance of the largest wildfire in the U.S. as heavy winds relented Wednesday, while President Joe Biden approved a disaster declaration that brings new financial resources to remote stretches of New Mexico devastated by fire since early April. U.S. R What Is Creditworthiness? 05/04/2022 08:00pm • Your creditworthiness, or how likely you are to repay a debt, is a major factor in whether you'll be approved for a credit card, an auto loan or a mortgage. It accounts for your debt, your credit history and your ability to pay back loans. Although each lender has its own creditworthiness definition 10 Best Budget Apps 05/04/2022 08:00pm • Take charge of your finances.With smartphones playing a pivotal role in our daily lives, it only makes sense that they would eventually become an integral part of money management.Today, consumers who want to budget and track their spending can choose from a variety of robust app options. These ofte How higher Fed rates stand to affect Americans' finances 05/04/2022 07:43pm • WASHINGTON (AP) — Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally receive a yield high enough to top inflation. The substantial half-point hike in its benchmark short-term rate that the Federal Reserve announc Fed raises key rate by a half-point in bid to tame inflation 05/04/2022 05:25pm • WASHINGTON (AP) — The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and signaling further large rate hikes to come. The increase in the Fed’s ke How to save more when inflation makes your money count less 05/04/2022 02:00pm • When it comes to spending power, inflation means that things cost more and that your money becomes less valuable. When a period of high inflation hits — like right now — you may want to consider changing up the way you handle your finances to help protect the value of your cash. “Inflation