Author: super@dmin
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Americans’ financial literacy skills have plummeted since the Great Recession
Younger people had the sharpest drop in their ability to answer four of five financial literacy questions correctly.
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Credit.com: Satisfy your gambling jones by channeling lottery dollars into a prize-linked savings account
A new type of savings account combines saving money with the chance to win prizes.
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NerdWallet: The best ways to save on exchange rates and currency fees when you travel abroad
Getting the best deal matters — including when you’re choosing whether to pay with cards or cash.
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Outside the Box: Shocker: The S&P 500 is underperforming the market
Wait a minute—isn’t the S&P 500 ‘the market’? No, it isn’t.
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Next Avenue: The ‘money talk’ with your adult kids: here’s what to teach them
Your son or daughter may have just gotten a college degree, but do they know how to handle money?
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Forgiving student debt doesn’t actually solve the root of the problem
In fact, it may make the problem worse. Maybe the U.S. ought to enact a policy that’s more directly tied to incomes without burdensome interest payments.
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Asia Markets: Asian markets quiet on lowered expectations for Fed rate cut, U.S.-China trade deal
Asian markets were mixed in quiet trading Wednesday, as investors’ recent enthusiasm was tempered by comments by Fed Chairman Jerome Powell, while U.S. officials lowered expectations for the expected meeting between Presidents Donald Trump and Xi Jinping at the G-20 meeting this week.
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The Fed: Fed trying to find ‘makeup’ inflation strategy that works, Powell says
Fed Chairman Jerome Powell had glowing things to say about the idea of a ‘make up’ inflation strategy, suggesting that might be one outcome of the central bank’s year-long strategic review.
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Investors awaiting the G-20 meeting miss a key point: the damage from U.S.-China trade war may be done already
A truce in the U.S.–China trade war may not matter for the market.
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Market Extra: Trump boasts best June for stocks in years — but a half-dozen signs flash warnings
The rally of the big three stock-market index belies weakness in other areas of the market.