Finance
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Oil surges to its highest price since 2023, and stocks drop after a weak update on the US job market
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.
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Capital One to eliminate 1,139 jobs connected with former Discover facility in RiverwoodsMar 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.
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Stocks drop after oil spikes to its highest price since the summer of 2024
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%.
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Greg Abel praises Warren Buffett and promises Berkshire Hathaway won’t retreat from investing
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.
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‘Your Rich BFF’ Vivian Tu shares her favorite personal finance tips
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.
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US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
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...
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For the first time since 2022, average US long-term mortgage rate dips below 6%
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%.
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‘Real sticker shock’: Why it’s becoming so expensive to buy a car in America
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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Penny shortage causes headaches for retailers in the Land of Lincoln
Feb 17, 2026 10:09 am - Illinois citizens and retailers are grappling with the slow disappearance of the penny in the Land of Lincoln. The lack of fixed guidance at the state and federal levels on how to address the scarcity of new pennies has left some businesses at a loss.
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Tips for smart investing in volatile marketsFeb 14, 2026 11:45 am - The key to being a successful investor isn't about predicting every market move — it's about building a thoughtful plan and sticking to it, even when emotions tempt you otherwise.