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Maryland Gov. Wes Moore testifies for bills aimed at making housing more affordable
02/20/2024 07:47pm • ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore testified Tuesday in support of measures aimed at making housing more affordable and protecting renters, some of the governor's top priorities this legislative session. Moore, a Democrat, told lawmakers that the state is facing “a true housing cri
3 Essential Financial Check-ins for Newly Engaged Couples
02/20/2024 07:00pm • Getting engaged kicks off one of the most exciting times in life. Amidst all the celebrations, however, couples should be preparing to merge their finances. "It's crucial to have a conversation about debt before getting married, as it is a common issue for many couples," Levon Galstyan, a CPA at Oak
7 National and Economic Issues That Could Affect Your Financial Well-Being
02/20/2024 07:00pm • On a micro level, you can directly control many personal finance decisions. For example, you can become a savvy shopper to locate the lowest price on what you want, and develop a budget that fits your lifestyle and income parameters. By making conscious borrowing choices, you can avoid consumer debt
What Investors Should Know About the Capital One-Discover Deal
02/20/2024 07:00pm • On Monday, Capital One Financial Corp. (ticker: COF) announced plans to acquire Discover Financial Services (DFS) in an all-stock deal valued at $35.3 billion. Capital One and Discover are two of the largest U.S. credit card companies, and the combined company would potentially serve as a formidable
What to Know About Buying a House When You're 60 and Older
02/20/2024 07:00pm • If you're over 60 and buying a house, you may second-guess making such a commitment. Whether it's your first home or your 10th, unless you're buying the house with cash, you'll probably take on a 15- or 30-year mortgage, and a good chunk of your retirement budget will be monthly house payments. You
Americans' reliance on credit cards is the key to Capital One's bid for Discover
02/20/2024 04:21pm • NEW YORK (AP) — Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won't break the habit. Capital One Financial announced Monday that it would buy Discover Financial Services for $35 bi
Ukraine's Zelenskyy says foreign aid delays are making life 'very difficult' on the front line
02/20/2024 04:10pm • KYIV, Ukraine (AP) — Delays in weapons deliveries from Western allies to Ukraine are opening a door for Russian battlefield advances, Ukrainian President Volodymyr Zelenskyy says, making the fight “very difficult” along parts of the front line where the Kremlin’s forces captured a strategic
Editorial Roundup: United States
02/20/2024 01:26pm • Excerpts from recent editorials in the United States and abroad: Feb. 17 The Washington Post on suicides in federal prisons Convicted sex offender Jeffrey Epstein’s suicide and mob boss Whitey Bulger’s murder both made headlines as shocking failures of the federal prison system. But the shortcom
Capital One's bid for Discover carries expectation that Americans won't slow credit card use
02/20/2024 12:14pm • NEW YORK (AP) — Capital One Financial is betting that Americans will keep shopping and use a credit card to pay for their purchases at stores and on the internet. Capital One announced Monday that it would buy Discover Financial Services for $35 billion. The combination could potentially shake up
Which careers pay top dollar in the DC region?
02/20/2024 11:09am • It may not surprise you that the top-earning fields, according to the U.S. Bureau of Labor Statistics, are all in medicine. The careers with the highest median salary nationwide include oral and maxillofacial surgeons, radiologists, dermatologists and cardiologists. Each of those jobs make a medi
China cuts key interest rate in latest move to boost its ailing property sector
02/20/2024 09:20am • BANGKOK (AP) — China’s central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market. The 5-year rate was lowered by 0.25 basis points to 3.95% while the 1-year rate remains at 3.45
Bayern Munich lacking full backs as Noussair Mazraoui out injured
02/20/2024 07:49am • MUNICH (AP) — All three of Bayern Munich's specialist right backs are out injured after the club confirmed Noussair Mazraoui has a hamstring strain on Tuesday. The Morocco defender went off injured in a 3-2 loss to Bochum on Sunday, which left the German champion eight points off Bundesliga leader
Home Depot's strong fourth quarter overshadowed by weakening sales and expectations for 2024
02/20/2024 07:42am • Home Depot's sales continued to fade during the fourth quarter as the country's largest home improvement retailer feels the impact of high mortgage rates and inflation on its customers. While quarterly results topped Wall Street expectations, the company's sales expectations for this year weighed o
Indian farmers reject government offer and say they will carry on marching to New Delhi
02/20/2024 03:07am • NEW DELHI (AP) — Indian farmers who have been protesting for a week to demand guaranteed crop prices have rejected a proposal from the government, and say they will continue their march to the capital New Delhi. The protesting farmers began their march last week, but their efforts to reach the ci
Capital One to buy Discover for $35 billion in deal that combines major US credit card companies
02/19/2024 11:36pm • NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation's credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. Under the ter
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