• How major US stock indexes fared Wednesday

    1 month ago - By Chron

    Stock indexes extended losses into a second day as a sharp drop in railroad operator CSX pulled other industrial companies broadly lower.
    Banks also fell as investors worry that lower interest rates will hurt their profits going forward. Bond prices rose, sending yields lower. Utilities and health care were the only sectors to finish the day with modest gains.
    On Wednesday:
    The S&P 500 fell 19.62 points, or 0.7%, to 2,984.42.
    The Dow fell 115.78 points, or 0.4%, to 27,219.85.
    The Nasdaq composite fell 37.59 points, or 0.5%, to 8,185.21.
    The Russell 2000 index of smaller company stocks fell...
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  • Bank of America sees record profits, but warns of impact of possible interest rate cut

    1 month ago - By Stl Today

    Bank of America had a record first half of the year for profit, but warned of oncoming headwinds from lower interest rates. The bank, which has its headquarters in Charlotte, reported Wednesday that its profit was $7.3 billion in the...
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  • How to consolidate credit card debt to streamline your payments and lower your interest rate

    How to consolidate credit card debt to streamline your payments and lower your interest rate

    1 month ago - By Business Insider

    Consolidating credit card debt means taking out one new loan to replace multiple loans, and consolidate them into a single monthly payment that's preferably at a lower interest rate than the original loans.
    Two of the most popular options to consolidate credit card debt are transferring the debt to a balance transfer credit card or taking out a personal loan .
    A balance transfer card can be a good idea if the transfer fee is worth it, and if you know you'll be able to pay all or most of your debt before the introductory APR expires.
    A personal loan could be a better choice if you need more...
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