Is unemployment really as deadly as coronavirus?

In the 2015 movie “The Big Short” about the Great Recession, Brad Pitt’s character Ben Rickert is strolling in Las Vegas with two Wall Street colleagues who are elated about all the money they made betting that the US economy was in trouble. Their bet, of course, was that problems with mortgage-backed securities would hurt banks and the entire American […]

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Cosigning a personal loan? 10 questions to ask beforehand

Don’t become a personal loan cosigner until you’ve answered these 10 important questions. (iStock) When your credit score or income is low or you’re just starting out, a bank or credit union may require that you have a cosigner to take out a personal loan. It's their way of protecting their risk by getting a guarantee. If you’re the person […]

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Airlines withholding $10B in cash from customers, lawmakers say

US airlines are estimated to be sitting on more than $10 billion in travel vouchers that should have been cash refunds from canceled flights, a group of senators released on Friday. Many US airlines are canceling 60 percent to 80 percent of their flights, and under federal law passengers on those flights are entitled to full refunds, Senators Ed Markey, […]

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Should I get a joint credit card with my partner?

Joint credit cards mean both partners are responsible for payments. But is a joint credit card right for you?  (iStock) Managing money with a partner can be fraught with challenges. One option some couples consider is applying together for credit. Continue Reading Below When a couple opens a joint credit card, the card issuer considers both their credentials in deciding […]

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