Thursday, December 26

Money

What to know about the 5 passengers on the missing Titanic sub
20Jun By adminNo Comments
Money

What to know about the 5 passengers on the missing Titanic sub

As a search and rescue mission continues for a private submersible that went missing while on an expedition to explore the wreckage of the Titanic, more is emerging about its five passengers.Among the confirmed passengers are British businessman Hamish Harding; Pakistani businessman Shahzada Dawood and his teenage son, Suleman; and French explorer Paul-Henri Nargeolet. Stockton Rush, the CEO of OceanGate, the company that operates the vessel, is also on it.OceanGate billed the trip as an opportunity to "become one of the few to see the Titanic with your own eyes." The company said the fee for securing a seat on the vessel was $250,000, according to its website. The trip wasn't billed as mere tourism, however, with OceanGate noting that each of its dives has a scientific purpose.  ...
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U.K. Moves to Use Frozen Russian Assets to Help Ukraine Rebuild
20Jun By adminNo Comments
Money

U.K. Moves to Use Frozen Russian Assets to Help Ukraine Rebuild

As Russia’s ruinous attacks on Ukraine mount, Britain’s government is proposing legislation that would enable it to divert frozen Russian assets to the rebuilding of Ukraine and keep sanctions in place until Moscow pays compensation to its war-torn neighbor.The British announcement is in line with a decision last month at the annual Group of 7 meeting in Hiroshima, Japan, to freeze the estimated $300 billion worth of Russian assets held by banks and financial institutions in those countries — including Britain — “until Russia pays for the damage it has caused to Ukraine.”The issue of seized assets is highly contentious. While governments have the power to freeze assets, the European Central Bank has privately warned Brussels that confiscating Russian funds or giving the earned interest on...
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Best Peer-to-Peer Lending of June 2023
20Jun By adminNo Comments
Money

Best Peer-to-Peer Lending of June 2023

What Are the Current Personal Loan Rates? Personal loan interest rates decreased this week for both the 36-month and 60-month loan terms. Here are the average personal loan rates offered to well-qualified applicants with a credit score of 720 or greater, as of June 19: Three-year personal loan term: 20.47% (down from 21.25% a week ago). Five-year personal loan term: 21.72% (down from 21.94% a week ago). Personal loan rates vary widely based on creditworthiness. Borrowers with very good or excellent credit scores will see much lower interest rates than those with fair or poor credit. Often, borrowers with bad credit will apply for a secured personal loan that uses an asset as collateral in order to achieve lower rates...
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What’s closed and what’s open on Juneteenth 2023
20Jun By adminNo Comments
Money

What’s closed and what’s open on Juneteenth 2023

Monday, June 19, marks the third time Juneteenth is observed nationwide as a federal holiday. A commemoration of the end of slavery in the United States, Juneteenth is also called Freedom Day or Emancipation Day, and its roots date back more than 150 years. The origins of Juneteenth stem from an important date after the Civil War — June 19, 1865 — when the Union General Maj. Gen. Gordon Granger arrived in Galveston, Texas, to inform the country's last enslaved people that they had been freed under the Emancipation Proclamation. Even though the proclamation had passed years before, that day in 1865 is remembered as the effective conclusion to centuries of slavery in America.As the Black Lives Matter movement gained renewed momentum in 2020, so did public interest in the significanc...
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It’s Too Soon to Say Whether This Is a Bull Market, but Invest Anyway
19Jun By adminNo Comments
Money

It’s Too Soon to Say Whether This Is a Bull Market, but Invest Anyway

The headlines and market analyses of the last few weeks, saying that stocks are in a bull market, may be a comfort even if they are potentially misleading.They are based on the unassailable fact that the S&P 500 has risen more than 20 percent from its last bottom, which occurred on Oct. 12. News that the Federal Reserve expects further interest rate increases this year has weighed on the market. Yet if inflation, which rose at an annual rate of 4 percent in May, drops substantially, the Fed might hold rates steady, or even start to reduce them — and the stock market might well keep rising.But is this really a bull market? It may ultimately turn out to be one, but right now, there are some big caveats.First, if a bull market means to you that stocks are trending unequivocally upward, t...
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Oregon Town’s Marijuana Boom Yields Envy in Idaho
19Jun By adminNo Comments
Money

Oregon Town’s Marijuana Boom Yields Envy in Idaho

For John Leeds, the hour-and-a-half commute to and from his job as assistant manager at Treasure Valley Cannabis Company is exhausting, but logistically unavoidable.Like nearly half of the other employees, Mr. Leeds, 39, lives in Idaho and travels along Interstate 84, past sprawling alfalfa and onion fields, to the marijuana shop just across the Oregon state line, where cannabis is legal.“It’s really two different worlds,” Mr. Leeds said. “A lot of whiplash on this issue just in a car ride up and down the highway.”Every day, hundreds of customers and workers like Mr. Leeds make the pilgrimage from Idaho to Ontario, Ore., a small city nestled along the Snake River that is home to 11 dispensaries — roughly one for every 1,000 residents. They can compare the aromas of various strains of mari...
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7 Loan Apps That Let You Borrow Money Fast | Personal Loans and Advice
19Jun By adminNo Comments
Money

7 Loan Apps That Let You Borrow Money Fast | Personal Loans and Advice

If you ever find yourself in a financial bind and need instant access to cash to cover an unexpected expense, there's an app for that. Whether you call them loan apps, borrow-money apps, cash advance apps or payday advance apps, these online lenders can provide financial lifelines to people in a penny pinch.They're not ideal. There's always a cost to borrowing money – even if that cost is just in the form of continuing bad financial habits – but loan apps might be useful in an emergency. Learn more about how loan apps work, the pros and cons, and our top picks for when you find yourself coming up short.Are There Really Apps That Let You Borrow Money?Different from online personal loans, loan apps are meant to offer a short-term solution for those in need of a quick money fix – and there a...
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Americans continue spending as inflation cools
18Jun By adminNo Comments
Money

Americans continue spending as inflation cools

Americans continue spending as inflation cools - CBS News Watch CBS News Americans are still spending as inflation has finally shown signs of cooling. Still, there are some troubling economic signs. Mark Strassmann breaks it all down. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On
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