Personal Finance

For many Americans, rising interest rates aren’t necessarily bad. That’s generally considered a sign that the economy is doing well, which is what helped jump-start a wave of bonuses and may lead to more pay increases down the road. Rising rates have also helped nudge savings accounts higher, particularly at online banks where competition is
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Even amid a booming economy, wage growth has been sluggish. At the same time, the list of jobs that robots are able to fill is growing more impressive (and perhaps worrisome). The Northeastern University/Gallup survey showed that three-quarters of Americans believe machines will take away more jobs than they’ll generate. “We don’t need to threaten
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Senator Kirsten Gillibrand, D-N.Y., is proposing legislation aimed at putting an end to current payday lending practices by giving some banking services a new home: the U.S. Post Office. The legislation, called the Postal Banking Act, would make retail banking services available at all U.S. Postal Service locations. That amounts to 30,000 post offices nationwide.
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