Skip to content

Business

How major US stock indexes fared Monday

The Associated Press Wall Street is back to falling on Monday, ahead of a busy week with updates scheduled for how bad inflation is and how corporate profits are handling it. The S&P 500, the Dow Jones Industrial Average and the Nasdaq all closed lower. Wynn Resorts and Las Vegas Sands slumped after COVID infections…

Read More

EU prepares emergency plan to do without Russian energy

PRAGUE (AP) — The European Union’s executive arm on Friday pledged to draft an emergency plan this month aimed at helping member countries do without Russian energy in the wake of the Kremlin’s war in Ukraine. European Commission President Ursula von der Leyen said the initiative would build on EU moves to ditch Russian coal,…

Read More

Is ‘learn now, pay later’ just another student debt trap

ANNA HELHOSKI NerdWallet Buy now, pay later financing options are increasingly being offered by for-profit credentialing schools and boot camps. The “learn now, pay later” concept is appealing, and students are already familiar with the name brand companies since buy now, pay later is ubiquitous within online retail. But are these just risky loan products…

Read More

Inflation sparks global wave of protests for higher pay, aid

AYA BATRAWY Associated Press Rising food costs. Soaring fuel bills. Wages that are not keeping pace. Inflation is plundering people’s wallets, sparking a wave of protests and workers’ strikes around the world. This week alone saw protests by the political opposition in Pakistan, nurses in Zimbabwe, unionized workers in Belgium, railway workers in Britain, Indigenous…

Read More

Is medical debt vanishing from credit reports?

Liz Weston NerdWallet The three credit bureaus have promised to remove nearly 70% of medical debts from consumer credit reports within the next year. In addition, the Biden administration is reducing or eliminating medical debt as a factor in government lending decisions, which should make many home and business loans easier to get. Still, people…

Read More

How major US stock indexes fared Tuesday

The Associated Press Stocks are ending higher on Wall Street Tuesday, clawing back some of the ground they lost last week in their worst weekly drop since the beginning of the pandemic. The S&P 500 rose 2.4%. It’s still 21.5% below the record high it set in January. The tech-heavy Nasdaq climbed 2.5% and the…

Read More

What’s your investment risk tolerance?

Keri Austwick Risk is a normal part of investing. If you didn’t take on any risk, you wouldn’t have the potential to achieve higher returns. But how much risk should you accept? You don’t want to incur unnecessary risk. So, you’ll need to assess the amount of risk you’re comfortable taking and then determine if…

Read More

Millennial Money: Maximize your music festival savings

DALIA RAMIREZ NerdWallet Summer music festivals can be a once-in-a-lifetime experience, but costs can be excessive for many fans. With expenses for food, drinks, outfits, flights and hotels on top of the ticket price, budgeting for a festival can outperform even the best lineups. Taking advantage of credit card rewards for entertainment purchases, planning ahead…

Read More

How major US stock indexes fared Thursday

The Associated Press Stocks slumped again on Wall Street Thursday, erasing another 3.3% from the S&P 500 and bringing the index 23.6% below the peak it reached in January. The renewed selling came a day after a brief reprieve for markets when the Federal Reserve delivered a huge interest rate increase in its effort to…

Read More

Wall Street wobbles day after bear market

By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street is wobbling between gains and losses Tuesday in its first trading after tumbling into a bear market on worries about a fragile economy and rising rates. The S&P 500 was 0.1% higher in early trading after a couple big companies flexed financial strength…

Read More