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Growth in US service sector reaches new heights in November

MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Growth in the services sector, where most Americans work, hit an all-time high in November, overtaking a record that was set the previous month. The Institute for Supply Management reported Friday that its monthly survey of service industries increased by 2.4 percentage points in November from the…

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What to know about early IRA withdrawals

Keri Austwick While you’re working, you may be contributing to an individual retirement account (IRA), which can provide a tax-advantaged way to save for your future. So, is it ever a good idea to tap into your IRA before you retire? Ideally, you should leave this account intact until your retirement. After all, you could…

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Should You Bank With Your Brokerage?

CHANELLE BESSETTE NerdWallet If you’ve invested with a brokerage firm in recent years, you may have noticed that your brokerage offers a product called a cash management account. These accounts are very similar to a checking or savings account and typically provide competitive interest rates, debit cards and other money management features. However, those services…

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Mississippi unveils mobile ID program — an app for phones

OCEAN SPRINGS, Miss. (AP) — Mississippi is unveil- ing a new app that’s de- signed to store someone’s driver license on their phone. The app is being billed as a safe and effective way to make sure your ID is always on you, WLOX-TV reported. However, state officials say people will still need a physical…

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Shippers prepare for another pandemic crush of holiday gifts

PORTLAND, Maine (AP) — The last holiday season was far from the most wonderful time of the year for the U.S. Postal Service: Sick and quar- antined workers, a flood of packages from shoppers loath to set foot in stores and a last-minute dump of packages from overwhelmed private shippers. Postal workers who recall packages…

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Fixing supply chain woes a balancing act

By Tammie Sloup FarmWeek The truck driver shortage and congestion at the nation’s largest ports in California often dominate discussions about the supply chain crisis, but experts say that’s oversimplifying the problem. “There are a sequence of events, and I think if you take a broader view on the supply chain, so beyond just the…

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Blue Cross and Blue Shield of Illinois awards $1M in community grants to advance Wellness Can’t Wait Campaign

CHICAGO — Blue Cross and Blue Shield of Illinois (BCBSIL) is awarding 15 community-based organizations a total of $1M in funding to promote expanded access to preventive health care resources, including wellness visits, screenings, vaccinations, and health education. These grants are part of BCBSIL’s Wellness Can’t Wait campaign, which focuses on empowering people to take…

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There are turkeys for Thanksgiving – for a price

By DEE-ANN DURBIN AP Business Writer Turkeys may not be able to fly very far. But their prices can soar — along with the costs of other holiday staples like cranberry sauce and pie filling. The Thanksgiving table hasn’t been spared the price inflation that is rampant elsewhere in the economy because of strong consumer…

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Four reasons to shop Small Business Saturday

LAUREN SCHWAHN NerdWallet When you think about holiday shopping, your mind probably goes to big-box retailers before your neighborhood bookstore or antique shop. But in a time marked by widespread supply chain disruptions and inflation, underdog small businesses deserve our attention. Enter Small Business Saturday. Small Business Saturday is an annual event created by American…

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Trucker shortage fuels enrollment surge at California school

EUGENE GARCIA Associated Press INGLEWOOD, Calif. (AP) — On a recent afternoon, Tina Singh watched nearly a dozen students at a suburban Los Angeles truck-driving school backing up their practice vehicles into parking spaces. Many had never operated a manual transmission before. “It’s an exciting time to be a truck driver right now because there’s…

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