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Login | January 21, 2025

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Sell all stocks?

Q: I'm thinking about selling my stocks so I can have a lot of cash on hand in case the market crashes. That way I'll be able to take advantage of bargains. Does that make sense? -- B.W., Norfolk, Virginia
A: Think twice about that. Yes, if the market crashes soon after you sell, you'll have done well. But there have been plenty ... (full story)


Here's what you need to know about credit card defaults

Here's what you need to know about credit card defaults

NEW YORK (AP) — Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. U.S. credit card defaults jumped to a record $46 billion from January through September 2024, according to the Financial Times, citing data analyzed by BankRegData.
With high levels of credit card debt and high infla ... (full story)


Kentucky reaches $110 million deal with Kroger to settle its opioid lawsuit

Kentucky will receive $110 million to settle its lawsuit accusing one of the nation's largest grocery chains of helping fuel the opioid epidemic, the state's attorney general said recently.
The state will use the money it is getting in its settlement with The Kroger Co. to combat an addiction that has ravaged communities and giv ... (full story)


No more fact-checking for Meta. How will this change media — and the pursuit of truth?

"Everyone is entitled to his own opinion, but not his own facts," the late New York Sen. Daniel Patrick Moynihan memorably wrote four decades ago.
That seems like a simpler time — especially when you consider Meta's decision to end a fact-checking program on social media apps Facebook, Instagram and Threads and w ... (full story)


Working Well: Saying no is hard, but setting boundaries can improve your health

Working Well: Saying no is hard, but setting boundaries can improve your health

NEW YORK (AP) — When Justin Stewart started his career, he juggled several jobs to make ends meet. He poured himself into his full-time role as a news show production assistant from 3 a.m. until noon. Then he rushed to the airport where he rented cars or to the big box stores where he pulled retail shifts.
Sometimes, he sl ... (full story)