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Monthly Archives: November 2022

How to avoid common Black Friday, Cyber Monday shopping scams

You’ll probably spend some time this weekend going through Black Friday and Cyber Monday deals. Unfortunately, scammers are counting on that. Shoppers spent nearly $20 billion online between Black Friday and Cyber Monday in 2021, making the shopping weekend prime territory for internet scammers. And with budget-conscious shoppers seeking holiday …

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Abercrombie & Fitch, Disney, Best Buy, Zoom and more

A pedestrian stands outside of the Abercrombie & Fitch store on Fifth Avenue in New York City. Craig Warga | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of the retail stock jumped 19% after the apparel retailer beat Wall …

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Biden administration loosens Trump-era ESG rules for 401(k) plans

Justin Paget | Digitalvision | Getty Images The Biden administration on Tuesday issued a final rule that makes it easier for employers to consider climate change and other so-called environment, social and governance factors when picking investment funds for their 401(k) plans. The U.S. Department of Labor rule, which takes …

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How AMD became a chip giant, leapfrogged Intel after playing catch-up

Advanced Micro Devices made history this year when it surpassed Intel by market cap for the first time ever. Intel has long held the lead in the market for computer processors, but AMD’s ascent results from the company branching out into entirely new sectors. In one of the biggest semiconductor …

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Investor home purchases drop 30% as price gains slow

Housing under construction in Atlanta, Georgia, on Sunday, Nov. 13, 2022. Elijah Nouvelage | Bloomberg | Getty Images Home sales have dropped for nine straight months, driven by surging mortgage rates, and now investors are pulling back even more than traditional homebuyers. Investor home purchases dropped just over 30% in …

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Where Americans have the highest and lowest credit scores

Where you live may have an impact on your credit rating. With Minnesota’s low poverty rate and high employment, its residents have a credit score of 724, on average, well above those of even wealthier states, such as California and New Jersey, according to a recent report by WalletHub based …

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Teachers are in the midst of a burnout crisis: ‘It became intolerable’

After two years of weathering pandemic disruptions, safety concerns and tense public scrutiny, burned-out teachers have quit the profession in droves. At least 300,000 public-school teachers and other staff left the field between February 2020 and May 2022, The Wall Street Journal reports. Teachers have experienced alarmingly high rates of …

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Popular tax prep software sent financial information to Meta: report

Meta (formerly Facebook) corporate headquarters is seen in Menlo Park, California on November 9, 2022. Josh Edelson | AFP | Getty Images Popular tax prep software including TaxAct, TaxSlayer and H&R Block sent sensitive financial information to Facebook parent company Meta through its widespread code, known as a pixel, that …

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U.K. lags OECD average with pandemic GDP recovery

A man wheels a trolley past a screen displaying Chancellor of the Exchequer Jeremy Hunt being interviewed by the BBC the morning after his autumn statement, outside the BBC studios in central London. Aaron Chown – Pa Images | Pa Images | Getty Images LONDON — U.K. growth has lagged …

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5 things to know before the stock market opens Tuesday, November 22

Trader on the floor of the NYSE Source: NYSE Here are the most important news items that investors need to start their trading day: 1. For the birds There are still two more trading days until Thanksgiving, but things are already slowing down on Wall Street. Stocks slid during a …

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