Finance
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Payment apps are soaring in popularity. Here’s what you need to know.
Oct 13, 2024 5:11 am - Almost three-quarters of U.S. consumers used payment accounts such as PayPal, Venmo and Cash App in 2023 — up from 68% in 2022. But millions of Americans operate in the dark about how payment apps use or invest those funds.
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Wholesale inflation remained cool last month in latest sign that price pressures are slowing
Oct 13, 2024 4:00 am - WASHINGTON (AP) — Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of ...
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TD Bank to pay $3 billion in historic money-laundering settlement with the Justice Department
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As affordable housing disappears, states scramble to shore up the losses
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Elections have less impact on your 401(k) than you might think
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Once hampered by pandemic, debt-heavy Rosemont gets credit rating upgradeOct 02, 2024 8:13 pm - Notorious for carrying loads of debt for its big municipal building projects, Rosemont has received a post-pandemic credit upgrade.
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Fed Chair Powell says the US economy is in solid shape’ with gradual rate cuts comingSep 30, 2024 2:43 pm - Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline but suggested they would occur at a measured pace intended to support a still-healthy economy.
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Before you sign up for a store credit card, know what you’re getting into
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US debt dynamics ‘inconsistent with a AAA rating,’ Moody’s says
Sep 24, 2024 7:06 am - The next U.S. administration “must grapple with widening budget deficits,” warned Moody’s Ratings in a report published Tuesday, nearly a year after it announced a negative outlook for the country’s sovereign credit profile.
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For home shoppers, the Fed’s big rate cut is likely just a small step toward affording a homeSep 23, 2024 9:55 am - The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come. Even so, aspiring homebuyers and homeowners eager...