Author: super@dmin
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Personal Finance Daily: How the Fed’s latest interest-rate hike affects your mortgage, car loan and credit-card bill and largest monthly rental decline ‘decisively closes the door’ on two years of pandemic-era rent increases
Wednesday’s top personal finance stories.
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The Margin: It’s Argentina vs. France in the World Cup final: Here’s everything to know about the match
Your guide to the kickoff time, who’s favored to win and more. The teams, led by Lionel Messi and Kylian Mbappé, were favorites heading into the tournament.
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Crypto: Bitcoin falls below $18,000 after Federal Reserve raises interest rates
Bitcoin loses ground as the Fed delivers a rate hike and signals more to come.
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Crypto: Crypto money laundering would face crackdown under bipartisan Senate bill
Sens. Elizabeth Warren and Roger Marshall proposed new steps to crack down on cryptocurrency money laundering in the wake of charges against FTX founder Sam Bankman-Fried.
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Telecom Stocks: Charter stock heads for worst day on record as spending plans spook Wall Street
Charter Communications Inc. has big spending plans, and that has some investors heading for the hills
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The Fed: Fed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark rate by 0.5 percentage point and projects at terminal rate of 5.25% next year.
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: WHO head is ‘hopeful’ that COVID will no longer be a global health emergency some time in 2023
The head of the WHO is ‘hopeful’ that 2023 will bring an end to COVID as a global health emergency
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: How the Fed’s latest interest-rate hike affects your mortgage, car loan and credit-card bill — but there’s good news for your savings
On Wednesday, the central bank raised the benchmark interest rate again, but not by as much as the previous four rate hikes.
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Deep Dive: This momentum-stock strategy can be a winner regardless of whether the Federal Reserve pivots
A strategy of holding stocks that have been on an upswing has outperformed the S&P 500 over the long term.
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Project Syndicate: History shows Powell won’t have to hammer the economy the way Volcker did
The Fed’s task of bringing inflation back down is much easier this time than it was in the late 1970s and early 1980s, writes Alan Blinder