Personal Finance

No, You Can’t Have a Personal Account at the Federal Reserve Bank

While the ways of the U.S. Federal Reserve Bank may be shrouded in arcane details about interest rates, inflation and monetary policy, one thing is absolutely clear: individuals cannot establish ...
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Hedge Fund Managers’ Top Stock Picks in Q2

The top 100 global hedge funds manage approximately $6.1 trillion in assets. Small investors have, at best, limited access to this so-called smart money, and in most cases no access ...
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Government Share of ACA Premium Hikes Adds $194 Billion to Federal Deficit

The Congressional Budget Office (CBO) and the staff of the Joint Committee on Taxation (JCT) issued a report Tuesday on the effect of terminating payments of cost-sharing reductions (CSRs) to ...
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US Seniors Hammered by Debt

One-third of Americans over the age of 50 carries non-mortgage debt averaging $4,786 in credit card debt and $12,490 in total non-mortgage debt. Predictably, the larger an older person's credit ...
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Never Utter These 5 Things When Closing on a Home

You're sitting at a conference room table with your agent, the sellers of the home you are buying and their agent, just about to initial dozens of pages of documents ...
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2017 Data Breaches Total Hits 900, Up 26% Year Over Year

The latest count from the Identity Theft Resource Center (ITRC) reports that there have been 900 data breaches recorded this year through August 9 and that nearly 17 million records ...
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States With the Toughest (and Most Lenient) Drunk Driving Laws

More than 10,000 Americans were killed in 2015 in car crashes involving an alcohol-impaired driver. That's more than 29% of all 32,092 traffic deaths in 2015. In 2010, the last ...
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US Household Debt Reaches Record Levels Since Great Recession

The financial crisis roughly a decade ago was a defining moment in U.S. economics and regulation, but really this was a story of debt and who gets left holding the ...
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2 Lotteries Now Over $300 Million Each: 12 Things Not to Do If You Win the Lottery

You may have heard the notion that the American Dream is dead. A lifetime of hard work and planning and being financially responsible is just too much for many people ...
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10 Best New Car Deals for August

July was not a good month for new car sales in the United States. In fact, 2017 has been, so far, kind of a downer. The big question is how ...
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State Electricity Costs Driven by Energy Source

Residents of Alabama pay more for electricity than residents of any other state — a monthly bill of $146. The state's primary source of fuel for electricity generation is natural ...
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What Home Buyers Are Looking For and Where They’re Finding It

The search for a new home, especially among first-time buyers, has a lot of moving parts. Finding an agent, collecting the paperwork needed to get a mortgage, finding a lender, ...
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2017 Data Breaches Total Nears 900, Up More Than 25%

The latest count from the Identity Theft Resource Center (ITRC) reports that there have been 881 data breaches recorded this year through August 2 and that nearly 17 million records ...
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6 Tips to Help You Sell Your House — Fast

When you finally decide that it's time to sell your house and move on, you will generally focus on two things: getting the best price you can as quickly as ...
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306 Million Passwords You Should Never Use

By one count there are more than a billion compromised usernames and passwords available on the internet to anyone who knows how to find them. That's bad for consumers, obviously, ...
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