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The luna cryptocurrency has been resurrected after its $40 billion collapse. It’s already crashing

June 1, 2022

A new version of the collapsed luna cryptocurrency is already live on major exchanges — and it’s gotten off to a bad start. Last week, supporters of the Terra blockchain project voted to revive luna but not terraUSD, a so-called…

Rising gas prices and inflation top travel concerns, overtaking Covid, survey finds

June 1, 2022

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Finance

After more than two years of largely staying home due to the pandemic, most Americans are ready to hit the road. Yet inflation and record-breaking gasoline prices are weighing on would-be vacationers, even more than Covid concerns, according to a…

Your Social Security check might be taxed. Here’s how that could change

June 1, 2022

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Finance

Death and taxes are two certainties in life, as the saying goes. But many people may not realize their Social Security benefits they receive from the government are also subject to taxes. The way in which those levies are applied…

Is the stock market open on Memorial Day?

May 31, 2022

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Wall Street will pause on Monday to mark the Memorial Day holiday. There will be no trading in stocks as U.S. equity markets will be closed. The U.S. bond market is also closed, so no trading in Treasuries. Stock futures…

Dollar heads toward monthly loss as investors scale back bets

May 31, 2022

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Finance

The dollar suffered losses last week and was headed toward its first monthly decline in five months on Monday as investors have eased their bets that rising U.S. rates will result in additional gains. Concerns about a global recession have…

Inflation zaps US savings rate, a warning sign for some

May 31, 2022

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Finance

Americans are saving less, a potentially troublesome sign for the U.S. economy. The personal savings rate, as a percentage of disposable income, fell to 4.4% in April, the lowest level since 2008 according to the Commerce Department. Total savings slipped…

Oil prices jump after EU leaders agree to ban most Russian crude imports

May 31, 2022

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Finance

Oil prices jumped after EU leaders reached an agreement late Monday to ban 90% of Russian crude by the end of the year. During Asia hours on Tuesday, U.S. crude futures were up more than 2% to $117.74, while Brent…

Boston University issues largest tuition increase in 14 years, blames inflation

May 30, 2022

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news

Boston University is increasing tuition by 4.25% for the 2022-2023 academic year, citing inflation. In a May 6 letter to Boston University faculty and staff, Robert A. Brown, the president of Boston University, explaining that an increased inflationary environment, in…

Gasoline hits record high during Memorial Day weekend

May 30, 2022

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news

Hitting the road this Memorial Day weekend is expected to be expensive for the more than 39 million people who will be on the move. The average price for a gallon of gasoline in the U.S. rose to a record…

President Joe Biden says young people need these 3 leadership skills to change the world

May 29, 2022

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news

The last two years have been tough for just about everyone. President Joe Biden sees a silver lining to that, especially for recent college graduates. Speaking at the Naval Academy’s commencement ceremony in Annapolis on Friday, Biden said that the…

All Posts

The luna cryptocurrency has been resurrected after its $40 billion collapse. It’s already crashing

Rising gas prices and inflation top travel concerns, overtaking Covid, survey finds

Your Social Security check might be taxed. Here’s how that could change

Is the stock market open on Memorial Day?

Dollar heads toward monthly loss as investors scale back bets

Inflation zaps US savings rate, a warning sign for some

Oil prices jump after EU leaders agree to ban most Russian crude imports

Boston University issues largest tuition increase in 14 years, blames inflation

Gasoline hits record high during Memorial Day weekend

President Joe Biden says young people need these 3 leadership skills to change the world

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