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UN forecasts lower global economic growth for 2022 and 2023
01/13/2022 07:10pm • UNITED NATIONS (AP) — The United Nations forecast lower global economic growth for 2022 and 2023 on Thursday, saying the world is facing new waves of coronavirus infections, persistent labor market challenges, lingering supply chain issues and rising inflationary pressures. The U.N. said that afte
7 of the Best Long-Term Stocks to Buy
01/13/2022 07:00pm • These seven names are great long-term stocks, according to RBC.Market conditions currently appear vague and confusing as lingering COVID-19 ordeals serve as the backdrop to a complex economic and market environment. Consumer price index numbers from December showed the highest spike in prices since
Tampa Bay Times CEO retiring after 47 years at newspaper
01/13/2022 05:10pm • ST. PETERSBURG, Fla. (AP) — Paul Tash is retiring as CEO of the Tampa Bay Times, a media organization he joined 47 years ago as a summer intern, the Times announced Thursday. Tash, 67, became editor of what was then the St. Petersburg Times in 1992. During his tenure, the newspaper won nine of its
Fed nominee Brainard: Fighting inflation is top priority
01/13/2022 01:25pm • WASHINGTON (AP) — Lael Brainard, President Joe Biden's nominee for the Federal Reserve's No. 2 spot, said Thursday that combating high inflation is the central bank's top priority and said she believed the Fed could reduce it without sacrificing economic growth. Testifying at her confirmation hear
US average long-term mortgage rates jump; 30-year now 3.45%
01/13/2022 10:05am • SILVER SPRING, Md. (AP) — Average long-term U.S. mortgage rates jumped again this past week, reaching their highest level since March 2020, just as the coronavirus pandemic was breaking in the U.S. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year home lo
2 plead guilty to submitting fake COVID-19 loan applications
01/13/2022 08:19am • NEWPORT NEWS, Va. (AP) — The U.S. Department of Justice says a former Virginia couple has pleaded guilty to submitting at least 40 fake loan applications totaling more than $5.1 million connected to the COVID-19 pandemic. A news release says Malik Mitchum and Jenna Mitchum worked to obtain Smal
Newcastle signs Wood from relegation rival, Digne to Villa
01/13/2022 06:22am • Newcastle strengthened its attacking options — and significantly weakened those of a relegation rival in the Premier League — by signing Chris Wood from Burnley for a reported 25 million pounds ($34.5 million) on Thursday. Newcastle triggered the release clause in Wood's contract to make the New
AP Top U.S. News at 11:55 p.m. EST
01/13/2022 12:00am • Judge to decide if Wisconsin parade suspect will stand trial RFK assassin Sirhan Sirhan will remain in prison Navient settles predatory student loan claims for $1.85B Hospital: Poor health only criteria for pig heart transplant Probe finds 'unintentional mistakes' in Petito police stop Wisconsin Gov
Brainard vows to help combat inflation as No. 2 Fed official
01/12/2022 07:58pm • WASHINGTON (AP) — Lael Brainard pledged in written remarks Wednesday to help the Federal Reserve fight a spike in inflation while still supporting the economic recovery — a tricky balancing act she would face if confirmed as the Fed's No. 2 official. Brainard, a member of the central bank's Boar
Sweden to help households as electricity prices soar
01/12/2022 10:26am • STOCKHOLM (AP) — Sweden announced Wednesday it had earmarked some 6 billion kronor ($661 million) for a temporary scheme to help the most affected households across the Scandinavian country to cope with high electricity bills this winter. Households consuming more than 2,000 kilowatt hours per mon
Twin panda cubs debut at Tokyo zoo, woo devoted fans
01/12/2022 02:18am • TOKYO (AP) — Twin panda cubs made their first public appearance Wednesday before devoted fans in Tokyo, but they will be on display only briefly for now — over three days — due to a spike in COVID-19 cases driven by the omicron variant. The twins, male cub Xiao Xiao and its sister Lei Lei, whi
Democrat Cherfilus-McCormick to fill Florida US House seat
01/11/2022 09:56pm • TALLAHASSEE, Fla. (AP) — Health care CEO Sheila Cherfilus-McCormick was elected to fill the seat of late Democratic Florida U.S. Rep. Alcee Hastings on Tuesday, boosting the Democrats’ slim majority in the House. Cherfilus-McCormick defeated Republican Jason Mariner in the 20th Congressional Dis
How to Choose the Best Financial Planning Software
01/11/2022 07:00pm • Financial planning isn't the pen-and-paper activity it used to be. Luckily for financial advisors, abacuses and crank-operated calculators are technologies of the past. But while modernization has made math easier, it's also made the art of long-term financial planning more complicated. Today's advi
Fed's Powell: High inflation poses a threat to job market
01/11/2022 02:31pm • WASHINGTON (AP) — Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed will raise interest rates faster than it now plans if needed to stem surging prices. With America's households squeezed by high
Millennial Money: Now is the time to build your credit
01/11/2022 11:35am • Sooner than you may realize, your credit score will start to matter. A solid credit score can be the difference between qualifying for an apartment or a low-interest car loan or missing out. So to have credit ready when you need it, the time to start building a good and lengthy credit history is now
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