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Oil Prices Hit 5-Week High As OPEC Shrugs Off EU Russia Crude Ban, Keeps Output Plan In Place

May 6, 2022

Global oil prices extended gains Thursday, lifting U.S. crude prices to the highest levels in six weeks, after OPEC members agreed to only modest increases in their monthly output even as European officials move to ban energy exports from Russia.…

Twitter Stock Leaps As Elon Musk Gets $7.1 Billion In New Takeover Financing

May 6, 2022

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Finance

Updated at 11:14 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares moved higher Thursday after Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk said he’s received around $7.1 billion in new equity funding, including a $1…

American Education Services (AES) Review 2022

May 6, 2022

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Loans

American Education Services (AES) is a private and federal student loan servicer that handles student loans from a wide variety of lenders. If you have a Federal Family Education Loan, there’s a good chance it’s serviced through AES. You don’t…

TurboTax owner Intuit to pay $141 million to customers ‘unfairly charged’

May 6, 2022

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Finance

Intuit, the owner of popular tax filing software TurboTax, will pay $141 million in restitution to millions of low-income Americans who were “unfairly charged” for services that should have been free, according to a multistate agreement announced Wednesday. TurboTax also…

Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5%

May 6, 2022

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Loans

Stocks pulled back sharply on Thursday, completely erasing a rally from the prior session in a stunning reversal that delivered investors one of the worst days since 2020. The Dow Jones Industrial Average lost 1,063 points, or 3.12%, to close…

Bankers Quit Jobs for Shot at Riches in ‘Wall Street of Crypto’

May 6, 2022

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Finance

The festivities in late March were organized by Binance Holdings Ltd. in its de facto home of the United Arab Emirates, which is fast becoming a global hub for digital currencies. Co-founder and Chief Executive Officer Changpeng ‘CZ’ Zhao skipped…

A reverse mortgage is an option for retirees to create cash flow

May 6, 2022

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Mortgage

Options for bringing in cash after someone has closed the book on a career can be limited, but for those willing to entertain the option with a clear path to a material benefit, a reverse mortgage could provide one such…

Consumer Spending On Cards Up From 2021 Across All Income Groups

May 6, 2022

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Cards

Bank of America said Thursday that consumers’ debit and credit card spending rose across all income brackets in April, although spending levels for lower-income customers appeared to flatten out in recent weeks. The bank said total debit and credit card…

Home loans and credit cards: How higher rates affect your finances

May 5, 2022

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Cards

Record-low mortgages below 3% are long gone. Credit card rates will likely rise. So will the cost of an auto loan. Savers may finally receive a yield high enough to top inflation. The substantial half-point hike in its benchmark short-term…

As mortgage rates rise, here’s how to decide whether you should buy a home or rent

May 5, 2022

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Mortgage

It’s becoming harder to afford a home. Prices are up almost 20% year over year, and mortgage rates are soaring. The rate for a 30-year fixed loan is now 5.57%, according to Mortgage News Daily, up from 3.29% at the…

All Posts

Oil Prices Hit 5-Week High As OPEC Shrugs Off EU Russia Crude Ban, Keeps Output Plan In Place

Twitter Stock Leaps As Elon Musk Gets $7.1 Billion In New Takeover Financing

American Education Services (AES) Review 2022

TurboTax owner Intuit to pay $141 million to customers ‘unfairly charged’

Dow tumbles 1,000 points for the worst day since 2020, Nasdaq drops 5%

Bankers Quit Jobs for Shot at Riches in ‘Wall Street of Crypto’

A reverse mortgage is an option for retirees to create cash flow

Consumer Spending On Cards Up From 2021 Across All Income Groups

Home loans and credit cards: How higher rates affect your finances

As mortgage rates rise, here’s how to decide whether you should buy a home or rent

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