Finance
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Bank of England lowers its main interest rate by 0.25%, to 5%, its first cut in over 4 years
Aug 01, 2024 6:53 am - LONDON — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020 as inflationary pressures in the economy hav...
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This popular retirement option is still risky. Is it worth it?
Jul 28, 2024 5:00 am - One type of investment that’s a key part of saving for retirement for a large swath of Americans is the target-date fund. Here’s what you need to know about target-date funds, and what recent history has taught us.
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Credit agency upgrades Cook County’s bond rating to AAJul 24, 2024 12:37 pm - Cook County officials announced Wednesday that Fitch Ratings has upgraded the county’s bond rating from AA- to AA, the third ratings upgrade in less than three years.
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What to do if your landlord raises your rent
Jul 21, 2024 5:08 am - Renters across the country are feeling the squeeze of higher prices. According to the latest annual report on the state of rental housing from the Joint Center for Housin...
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Capital One offers $265B benefit plan to appease regulators for its planned purchase of Discover
Jul 18, 2024 12:20 pm - NEW YORK — Capital One said Wednesday it plans to offer $265 billion in lending, investing and philanthropy projects as part of its pending $35 billion merger with Riverw...
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Amazon Prime Day deals are here. Should you take advantage of them?
Jul 16, 2024 2:15 pm - NEW YORK — It's summertime, and the bargains seem easy at a time when many consumer prices are high. July sales events have become a seasonal revenue driver for the reta...
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Groceries are expensive, but they don’t have to break the bank. Here are some tips to save
Jul 14, 2024 5:33 am - NEW YORK — If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one. Inflation is easing slightly, but grocery pric...
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BBB advisory: Navigating back-to-school deals amid scammers’ paradiseJul 14, 2024 5:18 am - Many consumers plan their back-to-school shopping around retail holidays, Prime Days and Labor Day sales. As a proactive measure, that’s a great plan, especially if your...
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Target will stop accepting personal checks next week. Are the days of the payment method numbered?
Jul 09, 2024 2:25 pm - NEW YORK — Target will no longer accept personal checks from shoppers as of July 15, another sign of how a once ubiquitous payment method is going the way of outmoded obj...
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Rethinking the value of a day: How Americans measure time and money
Jul 07, 2024 5:59 am - Only one third of Americans feel financially free — but how they define that freedom varies considerably. That’s according to a new survey conducted by OnePoll and commi...