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SEC accuses Mass. resident of ‘Ponzi scheme'
The Securities and Exchange Commission has accused a Massachusetts man with two Rhode Island businesses of running a Ponzi scheme that bilked investors of at least $2 million.
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What's a cash cushion, and why is having one recommended?
Unlike an emergency fund, a cash-cushion helps cover everyday surprises. It means keeping a smaller amount of money – around $100 to $200 – that stays untouched in a checking account at all times. Think of it as always driving with a full tank of gas. Follow NBC10...
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What is the ‘crypto bill'?
The fate of the legislation, which would regulate how stablecoin issuers operate in the U.S., had been uncertain in recent weeks despite early bipartisan support.
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What is Chapter 11 bankruptcy protection?
Chapter 11 bankruptcy provides a procedure by which an individual or a business can reorganize its debts while continuing to operate.
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Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year
Warren Buffett shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the end of the year. Previously the 94-year-old investor has always said he had no plans to retire. But Abel has been...
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Sick of hearing the same saving advice? Rising costs bring ‘inflation fatigue'
Tips recommending Americans stop eating out or get a side hustle may not be a simple solution for everyone, with a recent study finding nearly half of those asked saying they’re tired of hearing them
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‘Inflation fatigue': People are tired of hearing the same cost-cutting tips over and over
Whether it’s skipping the coffee or packing your lunch every day, we wanted to know – what money saving advice are you tired of hearing? Financial analyst Stephen Kates is talking about a problem called “financial fatigue.”...
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The US Postal Service wants to hike prices. Here's what to expect
The proposed changes, including raising the price of “forever” stamps to 78 cents, would increase the cost of mailing services by 7.4%.
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How to prepare for a possible recession, according to an expert
Columbia Business School professor Rita McGrath shares how to spot signs of a looming recession and gives advice on preparing for the worst.
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Recap: Stocks' roller coaster morning over Trump tariffs
Wall Street had whiplash on Monday morning — stocks briefly surged over a wire headline that President Donald Trump was considering a 90-day pause on his tariffs, then fell again when the White House called it “fake news.”
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Buying a new car in 2025? Here's what to know
The tariffs introduced by President Donald Trump are expected to increase vehicle prices.
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Hooters files for bankruptcy to enable founder-led buyout
Hooters says it intends to stay open and resolve its troubles within four months. A group of the company’s original founders plans to buy and operate more of the restaurants.
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Limits put on National Grid bill collection amid delays
National Grid is on the hot seat after revealing nearly 35,000 customers weren’t billed last October and November, and thousands more were billed improperly.
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What to know about paying down credit cards with a personal loan
Taking out a personal loan may help to simplify your finances.
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What is a recession in the economy?
An economic recession is defined as a significant and widespread decline in economic activity for multiple months.
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Changes coming for Social Security payments and direct deposit. What to know
The Social Security Administration has updated the changes they are making to identity verification measures, delaying the start date for the new requirements and adding some exceptions.
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Changes coming for Social Security payments and direct deposit. What to know
Will you need to prove your identity for Social Security payments after the department soon changes its protocols?
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DoorDash and Klarna partner on ‘buy now, pay later' loan option
The new arrangement, announced on Thursday, allows customers to defer payment of DoorDash orders and has received backlash on social media.
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Fed leaves interest rates unchanged: How that impacts your money
The Federal Reserve declined to change interest rates this week, and we explain how your financial goals could be affected.
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The salary you need to be considered middle class in every US state
A six-figure salary might seem like a lot, but the upper range of middle-class earnings exceeds $100,000 in every U.S. state.