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Finance

Housing is so expensive that people earning $200,000 qualify for help

By Julie Z. Weil
Mar 07, 2026 1:46 pm - Across the country, as housing and other costs continue to outpace income increases, many middle-class homebuyers are finding they can’t easily scrape together a down payment on their own. That has prompted city, state and nonprofit programs to expand eligibility for down-payment support — with some areas offering loans to people making more than $200,000.
The One Big Beautiful Bill: What the new tax law really means for working Americans and business owners

By Susan Bannwart
Mar 07, 2026 11:56 am - The One Big Beautiful Bill, passed on July 4, 2025, introduces several changes that could meaningfully affect how Americans, particularly hourly workers, dual-income households, and small business owners, approach their tax planning over the next several years.
Oil surges to its highest price since 2023, and stocks drop after a weak update on the US job market

By STAN CHOE
Mar 06, 2026 5:38 pm - Oil shot to its highest price since 2023 after surging again Friday because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street’s worst week since October.
Capital One to eliminate 1,139 jobs connected with former Discover facility in Riverwoods

By Mick Zawislak
Mar 06, 2026 12:27 pm - Fallout from the merger of Capital One and Discover Financial services continues as 1,139 employees who either work at or report to the office in Riverwoods are losing their jobs.
Stocks drop after oil spikes to its highest price since the summer of 2024

By STAN CHOE
Mar 05, 2026 3:34 pm - Stocks sank on Wall Street Thursday after the price of oil spiked to its highest level since the summer of 2024 because of the war with Iran. The S&P 500 fell 0.6% and erased what had been a small gain for the year so far. The Dow Jones Industrial Average briefly dropped more than 1,100 points before finishing with a loss of 784, or 1.6%. The Nasdaq composite slipped 0.3%.
Greg Abel praises Warren Buffett and promises Berkshire Hathaway won’t retreat from investing

By JOSH FUNK
Mar 02, 2026 3:13 pm - Greg Abel paid tribute to his predecessor Warren Buffett while promising in his first shareholder letter that Berkshire Hathaway won’t retreat from investing or make significant changes in the way it operates.
‘Your Rich BFF’ Vivian Tu shares her favorite personal finance tips

By ADRIANA MORGA
Feb 28, 2026 1:07 pm - Are you intimidated by personal finance? Vivian Tu wants to help. Tu is known for her TikTok account, “Your Rich BFF," where she makes entertaining videos about personal finance. Topics include how to negotiate your salary and practical tips for dealing with credit card debt.
US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street

By STAN CHOE
Feb 27, 2026 6:19 pm - NEW YORK — U.S. stocks sank Friday as Wall Street kept punishing companies that could become losers in the artificial-intelligence revolution. A surprisingly discouraging...
For the first time since 2022, average US long-term mortgage rate dips below 6%

By ALEX VEIGA
Feb 26, 2026 3:57 pm - The average long-term U.S. mortgage rate slipped this week below 6% for the first time since late 2022, good news for home shoppers as the spring home-buying season gets rolling. The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%.
‘Real sticker shock’: Why it’s becoming so expensive to buy a car in America

By Todd C. Frankel
Feb 21, 2026 1:52 pm - It can be a shock shopping for a new car these days. The pandemic shortages are over. Dealer lots are stocked. Customers can find the colors and options they want. But prices have never been higher — and the auto loans bigger and longer than ever to make it pencil out.

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