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Dec 18 2024FINANCE

Fed's Rate Cut: What to Expect for Your Finances

The Federal Reserve is gearing up for another rate cut, which could mean lower interest rates on your credit cards, home loans, and car loans. This will be the third rate cut since September, bringing the total drop to 1 percentage point. While borrowers may celebrate, things get trickier for savers

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Dec 17 2024FINANCE

Why Financial Advisors Are Cautious About Crypto

Cryptocurrencies have been on a roll since the U. S. election in November, with bitcoin hitting a new high above $107, 000 on Monday. But despite these soaring prices and President-elect Donald Trump's pro-crypto policies, many financial advisors are still hesitant to recommend crypto to their clien

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Dec 17 2024HEALTH

Health Insurance Costs: A Looming Crisis for Millions

Imagine having to pay double for your health insurance. That's what could happen to millions of Americans if federal subsidies don't get extended. Andrea Deutsch, the mayor of a small Pennsylvania town, is one of those who could be hit hard. She already pays $638. 38 a month, which is half of what s

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Dec 17 2024LIFESTYLE

Which Car Mimics Porsche's Luxury for Less?

The question of "Which car is the poor man's Porsche? " might bring up as many opinions as asking who the greatest baseball player of all time is. Online, some automotive fans think it's Porsche's own 914. In fact, a website focused on the 914 has a whole discussion about whether it or even the Karm

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Dec 17 2024FINANCE

Chicago's 2025 Budget Approved: No Tax Hike, Job Cuts Instead

In a tight vote, the Chicago City Council has given the green light to Mayor Brandon Johnson's 2025 budget, skipping any property tax increase. The final tally was 27 to 23, after heated discussions. Johnson originally proposed hiking taxes, but strong opposition pushed him to rethink his plan. The

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Dec 15 2024CELEBRITIES

Celebrate and Be Cautious: Birthdays and Financial Advice

Today is a special day for celebrities like Michelle Dockery, Adam Brody, and Don Johnson. They are celebrating their birthdays! If you share the same birthday, pay close attention to your finances, health, and legal matters. Handling these issues yourself can give you an advantage. Talk to experts

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Dec 15 2024BUSINESS

Predicting Drug Sales: Pfizer's Post-Revenue Assets in the Spotlight

Accurately estimating the future sales of drugs that are already on the market, known as post-revenue assets, is a big deal in the pharmaceutical world. It helps companies like Pfizer make smart decisions about where to invest their money. This study introduces a new way to forecast these sales by u

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Dec 15 2024FINANCE

How AI is Helping Investors Plan Their Future

Financial planning isn't one-size-fits-all, and traditional algorithms often struggle with complex data. That's where reinforcement learning comes in. This type of machine learning can handle complex datasets better than traditional methods. Vanguard is using deep reinforcement learning to help cli

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Dec 15 2024FINANCE

Green Bonds: A Closer Look at Their Market Connections

Understanding how green bonds interact with other financial markets can be quite fascinating. This study looked at the returns and interdependence between green bonds and various assets like conventional bonds, stocks, Bitcoin, Ethereum, crude oil, and gold from January 2016 to February 2024. Using

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Dec 14 2024BUSINESS

Deere's Tech Wager: A Modern Farming Challenge

Deere & Company is taking a significant risk by focusing heavily on technology to keep its farming equipment up-to-date. This strategy, while promising, comes with its own set of problems. Issues like software integration difficulties or outdated systems could lead to delays and even drive away cust

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