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When Is a Home Equity Loan a Good Idea? 08/07/2024 08:00pm • Tapping your home's equity can be an effective way to consolidate debt, fund a home renovation or start a business. As you pay down your mortgage and your home increases in value, you build equity that you can access through a home equity line of credit or home equity loan. These loans are second mo 9 of the Best Bond ETFs to Buy Now 08/07/2024 08:00pm • The artificial intelligence (AI)-fueled bull market abruptly hit the brakes on Aug. 2, following a weak report showing slowing job growth and rising unemployment, which sparked recessionary fears and a broad market sell-off. By market close, the Nasdaq had fallen 2.43%, but some notable companies fa Encore Capital Group: Q2 Earnings Snapshot 08/07/2024 06:40pm • SAN DIEGO (AP) 鈥� SAN DIEGO (AP) 鈥� Encore Capital Group Inc. (ECPG) on Wednesday reported second-quarter net income of $32.2 million. The San Diego-based company said it had profit of $1.34 per share. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed b Oklahoma parole board recommends governor spare the life of man on death row 08/07/2024 04:04pm • OKLAHOMA CITY (AP) 鈥� Oklahoma's Pardon and Parole Board voted 3-2 on Wednesday to recommend the governor spare the life of a man on death row for his role in the 1992 shooting death of a convenience store owner during a robbery. The board's narrow decision means the fate of Emmanuel Littlejohn, 52 United Parks & Resorts: Q2 Earnings Snapshot 08/07/2024 06:42am • ORLANDO, Fla. (AP) 鈥� ORLANDO, Fla. (AP) 鈥� United Parks & Resorts Inc. (PRKS) on Wednesday reported second-quarter net income of $91.1 million. The Orlando, Florida-based company said it had profit of $1.46 per share. Earnings, adjusted to extinguish debt, were $1.50 per share. The results mi Bolivia's president promises public votes on fuel subsidies and constitutionality of reelection 08/06/2024 10:50pm • LA PAZ, Bolivia (AP) 鈥� Bolivia's socialist President Luis Arce said Tuesday national referenda would be held soon on the removal of politically combustible fuel subsidies and on the constitutionality of presidential reelections, offering for the first time a concrete path out of the country's econ Who is Muhammad Yunus, the Nobel Peace Prize laureate who'll head Bangladesh's interim government? 08/06/2024 08:51pm • DHAKA, Bangladesh (AP) 鈥� Nobel Peace Prize laureate Muhammad Yunus has been chosen to head Bangladesh鈥檚 interim government after the nation's longtime prime minister resigned and fled abroad in the face of a broad uprising against her rule. Known as the 鈥渂anker to the poorest of the poor鈥� a 9 Best Cheap Stocks to Buy Under $5 08/06/2024 08:00pm • The stock market has hit some turbulence this summer. Between weaker corporate earnings, interest rate uncertainty, geopolitical tensions and an economic shock in Japan, there is plenty for investors to account for right now. In such unsettled times, traders might want to go looking for some bargain What Is Unsecured Debt? 08/06/2024 08:00pm • At some point in your life, you will likely need to borrow money. When you do, it will be in one of two forms: secured or unsecured. Unsecured debt is a common form of borrowing that includes traditional credit cards, student loans and medical debt. This type of borrowing is often quicker and easier The Baldwin Insurance Group: Q2 Earnings Snapshot 08/06/2024 05:30pm • TAMPA, Fla. (AP) 鈥� TAMPA, Fla. (AP) 鈥� The Baldwin Insurance Group, Inc. (BWIN) on Tuesday reported a loss of $17.6 million in its second quarter. The Tampa, Florida-based company said it had a loss of 28 cents per share. Earnings, adjusted for amortization costs and to extinguish debt, were 34 c What investors should do when there is more volatility in the market 08/06/2024 02:43pm • NEW YORK (AP) 鈥� U.S. stocks are bouncing back after the market experienced its worst day in two years on Monday, but the average investor may still be understandably spooked. Over a three day losing streak, the S&P 500 dipped more than 6% before rallying again Tuesday, up 1.6% in midday tradin Howard University's medical school to receive $175 million from Bloomberg Philanthropies 08/06/2024 01:10pm • NEW YORK (AP) 鈥� Michael Bloomberg's organization Bloomberg Philanthropies committed $600 million to the endowments of four historically Black medical schools to help secure their future economic stability. Speaking in New York at the annual convention of the National Medical Association, an org PRA Group: Q2 Earnings Snapshot 08/06/2024 07:33am • NORFOLK, Va. (AP) 鈥� NORFOLK, Va. (AP) 鈥� PRA Group Inc. (PRAA) on Monday reported second-quarter profit of $21.5 million. On a per-share basis, the Norfolk, Virginia-based company said it had net income of 54 cents. The results beat Wall Street expectations. The average estimate of three analysts What are carry trades and how did they contribute to this week's global market mayhem? 08/06/2024 06:55am • BANGKOK (AP) 鈥� The mayhem that swept across world markets this week was partly caused by a market strategy known as the 鈥渃arry trade.鈥� Japan鈥檚 benchmark Nikkei 225 plunged 12.4% on Monday and markets in Europe and North America suffered outsized losses as traders sold stocks to help cover r Cambodia breaks ground on a China-funded canal and says it will be built 'no matter the cost' 08/05/2024 09:54pm • PREK TAKEO, Cambodia (AP) 鈥� Cambodia broke ground Monday on a controversial, China-funded canal to link the capital Phnom Penh to the sea, despite environmental concerns and the risk of straining ties with neighboring Vietnam. The $1.7 billion, 180-kilometer (111 miles) Funan Techo canal is planne