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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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Watch: Expert discusses women and financial literacy
April is Financial Literacy Month, and one expert is putting the focus on women and financial literacy. Jean Chatzky, the CEO of HerMoney.com, says financial literacy is being in touch with your finances.
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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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Her First $100K's Tori Dunlap weighs in on buzzy money saving & spending topics
California Live’s Jessica Vilchis sits down with money expert, Tori Dunlap, founder of the financial feminism movement “Her First $100K” to get financial decision-making tips. From travel budgeting and mega sales to everyday questions like buying vs. leasing a car, Tori provides her financial expertise to help you feel economically empowered.
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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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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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How Premier America Puts Members First
: California Live’s Amber Pfister visits Premier America Credit Union in Simi Valley to learn how credit unions differ from traditional banks. Branch Manager Juan and Cathy explain how being a not-for-profit institution means lower fees, better rates, and a member-first approach to banking. If you’re looking for a more personal and rewarding way to manage your finances, visit PremierAmerica.com...
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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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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.
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Changes coming for Social Security payments and direct deposit. What to know
Changes are coming from the Social Security Administration surrounding direct deposit for many recipients or applicants.
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S&P 500 closes in correction territory Thursday as stocks tumble again on Trump tariff threats: Live updates
Investors digested the latest tariff threat from President Donald Trump, while they pored through new U.S. inflation figures.
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Wall Street falls in a manic day after briefly dropping more than 10% below its record
The U.S. stock market fell further Tuesday following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set last month. And like it’s been for most of the past few weeks, the market’s slide on Tuesday was erratic and dizzying. Scott Budman reports.
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Wall Street falls in a manic day after briefly dropping more than 10% below its record
The U.S. stock market fell further Tuesday following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set last month. And like it’s been most of the past few weeks, the market’s slide on Tuesday was erratic and dizzying.
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Stock market tanks as recession concerns grow
The stock market tanked Monday, along with many people’s 401(k) accounts, after President Donald Trump didn’t rule out the possibility of recession. Business and Tech Reporter Scott Budman reports.
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Wall Street falls again as losses wipe out all post-election gains for the S&P 500
Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500.