Category: Business
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Credit card delinquencies are rising. Here’s what to do if you’re at risk
FILE – A variety of credit cards are shown on Jan. 18, 2024, in Atlanta. Seriously overdue credit card debt is at the highest level in 14 years, and people 35 and under are struggling more than other age groups to pay their bills. (AP Photo/Mike Stewart, File) Seriously overdue credit card debt is at…
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This couple lives in a vintage 940-square-foot trailer by the beach for $5,100 a month: It’s ‘the California dream’
When my husband Brian first told me he’s from Laguna Beach, it took everything in me to play it cool. “Oh, is that near Los Angeles?” I asked. Like most elder millennials, I knew exactly where Laguna Beach was. I’d seen every episode of the reality show (I was an LC with a Kristin haircut)…
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Second Brooklyn Made store opens in central location Downtown
DOWNTOWN BROOKLYN — In real estate, they say it’s all about “location, location, location.” Already blessed with a good location, this new venture is Brooklyn-born, Brooklyn-branded and Brooklyn-loved. The new business features 150 vendors, and like its original location, which opened in Industry City in May 2023, the City Point spot will feature products from…
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Half-Century Club: champion of longevity, Tripoli has been on Atlantic Avenue since the 1970s
This month, the Atlantic Avenue Business Improvement District (BID) paid tribute to a successful restaurant that has thrived for 52 years on the avenue. Opened 52 years ago by owner Mohamad Salem, he named the restaurant after his home city, Tripoli, in the north of Lebanon. Originally a furniture designer and wood carver, Mohamad opened…
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Biden made it easier for student loan borrowers in bankruptcy. This woman, who thought it was a joke, got $158,182 cleared
US President Joe Biden gestures after speaking about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mishima Hughson filed for bankruptcy in December, joining the ranks of hundreds of thousands of Americans who undergo the process each year. Along the way,…
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Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
Aerial view taken on May 20, 2024 shows the Olmeca oil refinery belonging to the company Petroleos Mexicanos (PEMEX), which along with six others is part of the National Refining System (SNR) located in Paraiso, Tabasco state, Mexico. Yuri Cortez | Afp | Getty Images The International Energy Agency said on Wednesday that a U.S.-led…
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Toyota lost over $15 billion in market value last week after being caught falsifying tests
Toyota Motor Corporation Board Chairman Akio Toyoda bows during a press conference in Tokyo on June 3, 2024. Toyota said on June 3 it had suspended domestic shipments of three car models after falling foul of government certification rules along with its Japanese rivals Honda, Mazda, Suzuki and Yamaha. Yuichi Yamazaki | Afp | Getty…
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30 years of Fun on Fifth
The festival took place from 10 a.m. to 6 p.m. The Bay Ridge Fifth Avenue Business Improvement District (BID), led by Executive Director Elizabeth Lovejoy, sponsored the event. “We are thrilled to host the 30th Annual Fifth Avenue festival, which is a milestone,” Lovejoy said. “We’ve introduced exciting, new additions such as pony rides and…
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Atlantic Avenue BID’s yearly meeting speaks to its 2024 achievements
BOERUM HILL — The Atlantic Avenue Business Improvement District (BID) held its annual meeting Friday afternoon at Someday Bar, located at 364 Atlantic Ave., where BID staff and board members discussed the group’s accomplishments of this past year. The BID helps to promote and catalyze the growth of more than 300 small businesses along a 1.2-mile…
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Meme stocks are roaring again. Yes, again
FILE – A GameStop store in New York is shown on Jan. 28, 2021. What’s going on with GameStop’s stock doesn’t make sense to a lot of people. The struggling video game retailer’s stock has been making stupefying moves this month, wild enough to raise concerns from Wall Street to the White House. (AP Photo/John…