Month: August 2022

RossHelen | Getty Images If you’re not careful how you manage your money, you could be incurring hefty bank fees that may be otherwise avoidable. Between overdraft or non-sufficient fund fees, charges for interest and non-interest checking accounts and ATM fees, a substantial bite could be taken out of your budget, according to Bankrate.com‘s latest
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Morsa Images | E+ | Getty Images Many investors worry a recession is coming amid rising interest rates, high inflation and stock market volatility. But the majority haven’t changed their portfolios, according to research from Fidelity Investments. Only 5% of 401(k) and 403(b) investors shifted asset allocations during the second quarter of 2022, the report
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When Warren Buffett writes his name on something, it becomes instantly valuable — to the tune of $75,100. That’s how much an anonymous eBay user bid on Tuesday to win a unique piece of artwork: a 26-inch autographed print of Buffett overlaid with motivational quotes from the billionaire, including “Women make me optimistic about America.”
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zimmytws | iStock | Getty Images As the November elections midterm elections approach, leaders on both sides of the aisle are trading barbs on one key program that affects millions of Americans — Social Security. Over the weekend, President Joe Biden called out certain lawmakers on Twitter, including Republican Senators Rick Scott of Florida and
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In this article CRWD HPQ CHWY EXPR DBI SNAP Check out the companies making headlines before the bell: Designer Brands (DBI) – The footwear and accessories retailer reported better-than-expected profit and revenue for its latest quarter and raised its full-year outlook. Designer Brands added 1.8% in the premarket. Express (EXPR) – The apparel retailer’s shares
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Luis Alvarez | Digitalvision | Getty Images Employer demand for workers remains historically strong — and that means workers have the power to negotiate for better pay, benefits and other aspects of their jobs, according to economists. There were more than 11.2 million job openings in July, an increase of 199,000 from June, according to
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Tero Vesalainen | Istock | Getty Images The U.S. Department of Education on Tuesday announced it will cancel all remaining federal student debt for former students of the now-defunct for-profit Westwood College, delivering $1.5 billion in relief to 79,000 borrowers. The cancellation covers students who attended any location of Westwood College, including online programs, from
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“It will be enough for us to start talking realistically about purchasing a home,” said Dara Zucker, 28, of student loan forgiveness. Zucker and her fiancé have been looking for a house in Tampa, Florida. They budgeted $250,000 for a 1,400-square foot home, but between the unpredictable housing market and her $38,877 student loan balance,
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A customer shops in a Kroger grocery store on July 15, 2022 in Houston. Brandon Bell | Getty Images Many consumers have suffered sticker shock at the grocery store due to record high inflation. But another surprise that’s grabbing consumers’ attention — and even trending on TikTok — is “shrinkflation.” Almost two-thirds, 64%, of all
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The Good Brigade | Digitalvision | Getty Images Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in 2023, according to a recent housing
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