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A Roof over Their Head: Churches Use Tiny Homes for Homeless

A Roof over Their Head: Churches Use Tiny Homes for Homeless

FINANCE | By Holly Meyer | Jun 27, 2022

Churches across the U.S. are tackling the big question of how to address homelessness in their communities with a small solution: tiny homes.

Gas Prices Sting U.S. Workers who Depend on Their Cars

Gas Prices Sting U.S. Workers who Depend on Their Cars

FINANCE | By Dee-Ann Durbin | Jun 23, 2022

Millions of Americans who rely on their cars for work are changing their habits, signing up for carpools or even ditching their cars for bicycles as gas prices recently hit $5 per gallon

Crypto Investors' Hot Streak Ends as Harsh 'Winter' Descends

Crypto Investors' Hot Streak Ends as Harsh 'Winter' Descends

FINANCE | By Ken Sweet and Fatima Hussein | Jun 21, 2022

As prices plunge, companies collapse and skepticism soars, fortunes and jobs are disappearing overnight, and investors' feverish speculation has been replaced by icy calculation.

AP Interview: Biden Says a Recession is 'Not Inevitable'

AP Interview: Biden Says a Recession is 'Not Inevitable'

FINANCE | By Josh Boak | Jun 17, 2022

President Joe Biden said Thursday the American people are "really, really down" after a tumultuous two years with the coronavirus pandemic, volatility in the economy and now surging gasoline prices.

Biden Signs New Shipping Law he Says Can Cut Consumer Costs

Biden Signs New Shipping Law he Says Can Cut Consumer Costs

FINANCE | By Will Weissert | Jun 17, 2022

President Joe Biden signed legislation Thursday meant to make shipping goods across oceans cheaper — a move the White House says will help lower retailer costs.

Fed's Aggressive Rate Hikes Raise Likelihood of a Recession

Fed's Aggressive Rate Hikes Raise Likelihood of a Recession

FINANCE | By Paul Wiseman | Jun 16, 2022

Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed's efforts so far to tame it.

U.S. Failed to Stop Fraud in COVID Loan Program, Clyburn Says

U.S. Failed to Stop Fraud in COVID Loan Program, Clyburn Says

FINANCE | By Jennifer McDermott and Geoff Mulvihill | Jun 15, 2022

The U.S. failed to take basic steps to prevent fraud in a federal aid program intended to help small businesses through COVID, depleting the funds and making people more vulnerable to identity theft.

Will Money-Back Guarantee Win over Wealthy Donors?

Will Money-Back Guarantee Win over Wealthy Donors?

FINANCE | By Drew Lindsay | Jun 14, 2022

A glossy book is arriving at the homes and offices of America's wealthiest individuals. Inside is a charity pitch that aims to raise as much as $6 billion for nonprofits fighting global poverty.

$5 Gas is Here: AAA Says Nationwide Average Hits New High

$5 Gas is Here: AAA Says Nationwide Average Hits New High

FINANCE | Jun 11, 2022

The nationwide average price for a gallon of gasoline has topped $5 for the first time ever.

Gas Prices Likely Kept U.S. Inflation Painfully High in May

Gas Prices Likely Kept U.S. Inflation Painfully High in May

FINANCE | By Christopher Rugaber | Jun 10, 2022

The costs of gas, food and other necessities likely shot up in May, giving Americans no respite from the worst outbreak of inflation in four decades.

Millennial Money: Curb Inflation with 5 Credit Card Perks

Millennial Money: Curb Inflation with 5 Credit Card Perks

FINANCE | By Melissa Lambarena, NerdWallet | Jun 9, 2022

As prices on goods and services continue to rise because of inflation, scaling back expenses isn't the only way to free up cash to cover essentials.

Savings Incentives: How 401(k)s Get Us to Do the Right Thing

Savings Incentives: How 401(k)s Get Us to Do the Right Thing

FINANCE | By Stan Choe | Jun 8, 2022

More workers are following experts' advice in saving for retirement because 401(k) plans are using a simple human trait to guide us: Our inclination to do nothing.

Amid Crypto Turmoil, Senators Propose Sweeping Oversight

Amid Crypto Turmoil, Senators Propose Sweeping Oversight

FINANCE | By Fatima Hussein | Jun 7, 2022

A bipartisan pair of senators has unveiled what would be the most wide-ranging legislative proposal to regulate cryptocurrencies and other digital assets.

Digital Currencies Flow to Campaigns, but State Rules Vary

Digital Currencies Flow to Campaigns, but State Rules Vary

FINANCE | By Andrew Selsky | Jun 6, 2022

Digital currencies offer an alternative that does not depend on banks. Instead, transactions are validated and recorded on a decentralized digital ledger called the blockchain.

Inflation Divide: The Wealthy Splurge, the Poorest Pull Back

Inflation Divide: The Wealthy Splurge, the Poorest Pull Back

FINANCE | By Anne D'Innocenzio and Christopher Rugaber | Jun 5, 2022

A confluence of factors — the expiration of federal stimulus checks and surging inflation on staples like gas and food — are driving an even bigger wedge between the haves and have-nots.

Landmark Bill to Limit Cryptomining Passes NY Legislature

Landmark Bill to Limit Cryptomining Passes NY Legislature

FINANCE | By Michael Hill | Jun 4, 2022

New York lawmakers have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels.

Go-Broke Dates Pushed Back for Social Security, Medicare

Go-Broke Dates Pushed Back for Social Security, Medicare

FINANCE | By Fatima Hussein and Tom Murphy | Jun 3, 2022

The annual Social Security and Medicare trustees report released Thursday says Social Security's trust fund will be unable to pay full benefits beginning in 2035, instead of last year's estimate of 2034.

Should You Use a Reverse Mortgage to Pay for Long-Term Care?

Should You Use a Reverse Mortgage to Pay for Long-Term Care?

FINANCE | By Kate Ashford | Jun 2, 2022

Someone turning 65 has nearly a 7-in-10 chance of needing long-term care in the future, and many don't have the savings to pay for long-term care. Is a reverse mortgage a sensible option?

Biden Plots Inflation Fight with Fed Chair as Nation Worries

Biden Plots Inflation Fight with Fed Chair as Nation Worries

FINANCE | By Josh Boak, Christopher Rugaber, and Zeke Miller | Jun 1, 2022

Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve.

Millennial Money: How to Tell When Money Advice is Bad

Millennial Money: How to Tell When Money Advice is Bad

FINANCE | By Sara Rathner | May 26, 2022

There are a lot of people out there who want to tell you what to do with your money. The problem is only some of them know what they're talking about.

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