DeFi — short for decentralized finance — is a new vision of banking and financial services that is based on peer-to-peer payments through blockchain technology.…
Only one in five Americans has more emergency savings now than at the start of 2024, according to Bankrate’s most recent Emergency Savings Survey. If you’re one of those savers looking for ways to grow…
Key takeaways Fiduciary duty obligates a professional to act in the client’s best interests. This can apply to financial advisors, attorneys, real estate agents and other professionals. Fiduciary duty is legally binding and forbids the fiduciary from acting in the best interests of themself or their employer. While it may…
New Consumer Price Index (CPI) data suggests that inflation has ticked up slightly again. Over the past year, the all items index increased 2.9 percent before seasonal adjustment, according to the latest figures from the U.S. Bureau of Labor Statistics, released Jan. 15. This is up just a bit from…
Key takeaways Credit repair is a term used to describe the process of restoring your credit rating. You can hire a credit repair company to do the legwork for you or repair your credit on your own. You could also pursue credit counseling or debt consolidation, depending on your situation.…
ArtistGNDphotography/Getty Images Key takeaways When you make a purchase with your debit card, it’s possible to pay as “credit.” Paying as credit affects the way the transaction is processed, but the payment funds are still taken from your bank account. Using your debit card as credit doesn’t help you build…
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A British Airways crewmember accidentally deployed the aircraft’s emergency slide at London’s Heathrow Airport on Monday morning, delaying the flight for hours. The flight, which was scheduled to fly to Brussels, was delayed for nearly…
