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British man pleads not guilty in alleged $99 million wine fraud conspiracy 12/16/2023 04:31pm • NEW YORK (AP) — A British man pleaded not guilty in a New York courtroom Saturday in connection with an alleged $99 million, Ponzi-like fraud involving high-priced fine wine and duped investors. Stephen Burton, 58, was extradited Friday to New York from Morocco, where he was arrested in 2022 after Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession 12/16/2023 07:29am • WASHINGTON (AP) — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts. Yet the Federal Reserve now seems on the verge of defeating it — and without the surge in unemployment and the deep reces After 40 witnesses and 43 days of testimony, here's what we learned at Trump’s civil fraud trial 12/15/2023 05:30pm • NEW YORK (AP) — After hearing from 40 witnesses over 2½ months, Judge Arthur Engoron sounded almost wistful as he presided over the last day of testimony in former President Donald Trump’s civil business fraud trial. “In a strange way, I’m gonna miss this trial,” he said Wednesday. Thing Vermont, ranked as one of the safest states, sees dramatic spike in gun violence 12/15/2023 12:31pm • BURLINGTON, Vt. (AP) — The recent shootings of three college students of Palestinian descent in Vermont’s largest city come as the small rural state, often ranked as one of the nation's safest, is grappling with a spike in gun violence. Two days after the students were shot and seriously wounded The nation’s largest credit union rejected more than half its Black conventional mortgage applicants 12/15/2023 10:16am • (CNN) — The largest credit union in the US has the widest disparity in mortgage approval rates between White and Black borrowers of any major lender, a trend that reached new heights last year, a CNN analysis found. Navy Federal Credit Union, which lends to military servicemembers and veterans, Thursday's Transactions 12/14/2023 10:29pm • BASEBALL Major League Baseball American League KANSAS CITY ROYALS — Agreed to terms with RHP Seth Lugo on a two-year contract. Acquired RHP Ryan Brady and INF Cam DeVanney from Milwaukee in exchange for RHP Taylor Clarke. TEXAS RANGERS — Agreed to terms with RHP Tyler Mahle on a two-year contra Biden hosts four NASA astronauts, the first crew aiming to fly around the moon in a half-century 12/14/2023 07:09pm • WASHINGTON (AP) — The four astronauts assigned to fly around the moon for the first time in 50 years met with President Joe Biden on Thursday at the White House, where he showed off an moon rock on display in the Oval Office that was collected in the Apollo era. The Artemis II crew — three Amer What Is the Average Student Loan Payment? 12/14/2023 07:00pm • The average student loan payment is between $200 and $299, according to the most recent available data from the Federal Reserve. But considering the average debt among recent graduates who took out student loans is nearly $30,000, per an analysis by U.S. News, the monthly payment on a 10-year standa Should I Buy a House Now or Wait Until 2024? 12/14/2023 07:00pm • Many prospective homebuyers have been biding their time this year, waiting for more favorable conditions. With mortgage rates sitting stubbornly around 7% and home prices up year over year, 2023 hasn't been a stellar period to buy a home. Inflation was running wild at the start of this year, prompti Will declaration on fossil fuels at UN climate talks lead to action? Consider 5 previous decisions 12/14/2023 12:31pm • DUBAI, United Arab Emirates (AP) — United Nations climate negotiators on Wednesday declared the world must transition away from oil, gas and coal, a significant decision by nearly 200 countries in nearly 30 years of climate talks. But will countries keep their word, moving away from planet-warmin The average long-term US mortgage rate dips below 7% to its lowest level since early August 12/14/2023 12:14pm • LOS ANGELES (AP) — The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale. The average European Central Bank keeps its key interest rate at a record high. Now, when will it cut? 12/14/2023 10:35am • FRANKFURT, Germany (AP) — The European Central Bank kept its key interest rate at a record high Thursday and said it will leave it there as long as needed to battle back inflation, signaling that cuts are not around the corner despite expectations it will act next year to support the shrinking eco Testimony ends in Donald Trump's civil fraud trial, but the verdict isn't expected until next month 12/13/2023 07:44pm • NEW YORK (AP) — After more than 10 weeks, 40 witnesses and bursts of courtroom fireworks, testimony wrapped up Wednesday in former President Donald Trump's civil business fraud trial. But a verdict is at least a month away. Closing arguments are set for Jan. 11, and Judge Arthur Engoron has said What Happens to the Money You Make When You Sell Your House? 12/13/2023 07:00pm • Over the past few years, home equity has hit record highs. Thanks to rising home prices, the average homeowner has almost $200,000 in tappable equity, according to a report from Black Knight Inc. Homeowners are in a great position to sell, but that doesn't mean you get to keep everything from the sa How to Invest When Interest Rates Are Cut 12/13/2023 07:00pm • In March 2022, the Federal Reserve, under the leadership of Chair Jerome Powell, embarked on a series of interest rate increases to combat the post-pandemic inflation that threatened the economy. Unfortunately, inflation proved to be a stubborn phenomenon. Since then, the Fed has increased rates 11