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Federal Reserve Refuses to Raise Interest Rates — Again
The American dream is rooted in the idea that if you work hard and save your money, it will all pay off in a big way down the road. These days, however, that dream is quickly turning into a nightmare for some. According to CNN Money, there were rumblings in the financial community that the…
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Price Hikes Make Camping Trips Slightly More Exclusive
One of the most relaxing things you can do with your family is to whisk them away on a camping trip, whether you’re roughing it in a tent or staying in luxurious rustic cabins. Unfortunately, Wisconsin residents are now being forced to fork over big bucks to enjoy everything Mother Nature has to offer. According…
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Why Higher Federal-Subsidized Student Loans Are Actually Bad News for College Students
The student loan crisis has hit a boiling point — as the U.S. reaches nearly $68 billion worth of student loan debt, even Congress realizes that the student loan crisis needs to be addressed. But has the government actually been making the situation worse by providing subsidized loans to students? According to a new paper…
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SEC Takes Down 34 In Wolf Of Wall Street Inspired Scam
Many people enjoyed watching Leonardo DiCaprio portray the frenzied rise and fall of the corrupt, drug addicted Jordan Belfort in “The Wolf of Wall Street.” However, according to the Securities and Exchange Commission, 15 individuals and 19 firms thought the movie sounded like a pretty good idea, acting out the notorious “pump-and-dump” schemes in real…
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Why One Company Thinks Homelessness Can Be Solved with Investments, Not Donations
The problem of homelessness in the United States is one that seems almost shameful for a developed country. Yet one organization has come up with a way to solve the problem that is novel in its simplicity. The Los Angeles-based Weingart Center has determined that it costs around $35,000 annually, mainly through donations, just to…
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How Fixing Your Car Can Cost More Depending on Where You Live
Need to get your car fixed? Evidently, Wyoming is the place to go for a car repair. A recent study from CarMD gives a state-by-state analysis of the average cost of a car repair across the country, revealing that Wyoming residents pay the least for their repairs, with an average repair cost of $309. Montana,…
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Efficiency Upgrades Offer Big Benefits to Low-Income Renters, Study Finds
Energy efficiency upgrades can have a significant effect on low-income residents. New research from Columbia University’s Mailman School of Public Health has found that low-income residents bear both the financial and physical brunt of living in poorly maintained and older apartment buildings. Insufficient funds lead to thermal discomfort, especially as poor weatherization in the buildings…
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AAA Says to Expect Lowest Summer Gas Prices in Years
The United States should be seeing its lowest summer gas prices since 2009, according to a report from the AAA auto club released June 1. “This could be the year of the summer road trip with lower gas prices motivating millions of people to travel,” Avery Ash, AAA spokesman, said in a news release. “Many…
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Ohio Homeowners Camp Out to Compete for Home Remodeling Funds
Would you camp out to save money on your home improvement costs? That’s what several residents of Whitehall — a suburb of Columbus, OH — did at the end of May in order to be first in line at their city’s municipal building on Monday morning. Homeowners like Renee Wallace vied for space on the sidewalk so…
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Researchers Saying Growing Air Conditioner Adoption Could Cause an 83% Increase in Energy Usage
As summer approaches, many people around the world will likely be making repairs to their air conditioners in anticipation of warmer weather, just as they will make furnace and home generator repairs in the fall. Some may even buy new air conditioning systems entirely. But while these changes will be a welcome relief in the…