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  • Money Basics: What is the Federal Reserve?

    The Fed is frequently in the news, but the institution does a lot more than set interest rates.

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  • News
    Money Talks News20 hours ago

    6 Reasons I’m No Fan of Suze Orman and You Shouldn’t Be Either

    Suze Orman has the status of a financial guru. But I have never been able to understand why this self-proclaimed expert has such a following. Imagine a celebrity chef who has given herself food poisoning, or a car expert that couldn’t change a

  • Don't Sleep on General Electric's Cheap Stock Price
    Business
    The Street17 hours ago

    Don't Sleep on General Electric's Cheap Stock Price

    Weakness in General Electric (GE) , plus a cheap dividend, is an opportunity to buy this iconic component of the Dow Jones Industrial Average. The stock reported earnings Friday morning, rebounded to $27.25 before the open, but it was not ready to show trading momentum. The stock traded below its post-election low of $25.85, before the open, making it too cheap to ignore, given its favorable dividend yield. The open between $25.50 and $25.25 is a good position entry. Here's my analysis! General Electric is the worst performer of the 30 components of the Dow Jones Industrial Average so far in 2017. At $25.50, the stock is down 19.3% year to date and is in bear market territory, 21.2% below its

  • CBO: Under the latest Senate healthcare bill, deductibles could be more than some people earn
    Politics
    Business Insider22 hours ago

    CBO: Under the latest Senate healthcare bill, deductibles could be more than some people earn

    The latest effort by Republicans in the Senate to overhaul the US healthcare system could have an unexpected effect on deductibles (the money you pay before insurance kicks in): they could get so high they're actually more than the poorest Americans earn. The CBO estimates that by 2026 the second-lowest-priced plans (the silver plans, in the Obamacare marketplace) would have $13,000 deductibles. Under the Affordable Care Act currently, a deductible for the same plan would be $5,000 in 2026.