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Graph showing stock market crash due to internet outage
Markets and Stocks

Global Internet Crash Sends Stock Market into Freefall

July 19, 2024

A massive global internet outage caused by a botched software update from cybersecurity provider CrowdStrike Holdings (CRWD) led to a significant downturn in the stock market. The crash affected various sectors, with tech stocks taking […]

Graph showing Fed's rate pause effects on savings.
Bank Account

Understanding the Fed’s Rate Pause: Implications for Your Savings

July 19, 2024

The Federal Reserve has decided to hold interest rates steady for the seventh consecutive time, maintaining the Federal Funds rate at a target range of 5.25% to 5.5%. This decision comes after a series of […]

Award-winning peer-to-peer payment services 2024
Personal Finance

Kiplinger Readers’ Choice Awards 2024: Top Peer-to-Peer Payment Services Revealed

July 19, 2024

The Kiplinger Readers’ Choice Awards 2024 have unveiled the top peer-to-peer (P2P) payment services, highlighting the best in ease of use, recommendation likelihood, and overall satisfaction. This year’s awards provide valuable insights into which P2P […]

A warm fireplace inside a home with snow outside.
Personal Finance

Good News for Consumers: Heating Costs Expected to Drop This Winter

July 19, 2024

As winter approaches, consumers can look forward to some relief in heating costs. The latest forecasts indicate that most heating fuels will be cheaper at the start of the season compared to last year, thanks […]

Bull and bear statues with stock market chart
Markets and Stocks

Stock Market Nears Record Highs Amid Powell’s Testimony

July 19, 2024

Stocks hovered near record highs on Tuesday as Federal Reserve Chair Jerome Powell’s testimony reassured investors that the central bank is unlikely to change its current outlook on interest rates this year. Key Takeaways Federal […]

Graph showing stock market surge with upward trend
Markets and Stocks

Stock Market Surges on Optimism for Rate Cuts

July 19, 2024

The stock market rebounded sharply on Friday, driven by optimism that the Federal Reserve might cut interest rates in September. This positive sentiment was fueled by recent consumer sentiment and inflation data, which suggested a […]

Stock market graph showing mixed reactions and small caps rise
Markets and Stocks

Stock Market Sees Mixed Reactions as Rate-Cut Bets Boost Small Caps

July 19, 2024

The stock market experienced mixed results on Thursday as the first decrease in inflation in nearly two years led to increased speculation that the Federal Reserve might adopt a more aggressive easing policy. This shift […]

Stock market soars after Powell's dovish remarks
Markets and Stocks

Markets Soar as Powell’s Dovish Remarks Ignite Investor Optimism

July 19, 2024

Federal Reserve Chair Jerome Powell’s dovish remarks before Congress on Wednesday sent the stock market soaring, with major indices hitting record highs. Powell’s comments on a slowing economy and softer labor market were music to […]

Graph showing Dow surge with Apple and Goldman Sachs
Markets and Stocks

Dow Surges 210 Points as Apple and Goldman Sachs Reach New Highs

July 19, 2024

The stock market kicked off the week on a high note, with the Dow Jones Industrial Average climbing 210 points. This surge was driven by impressive performances from Apple and Goldman Sachs, both of which […]

JetBlue and American Airlines planes parked at terminal
Travel

JetBlue Joins American Airlines in Hiking Checked Bag Fees

July 19, 2024

JetBlue has quietly followed American Airlines in raising checked baggage fees, marking the first increase since 2018. The new fees were disclosed via a post on JetBlue’s website, sparking reactions from travelers and industry watchers […]

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