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She advises not to wait to learn about credit and debt, to save for retirement, or to sign up for a 401(k) if you can. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Cox shares three areas where procrastinating with your money goals can cost you down the road. "Take the time to educate yourself on how credit works (payments, late payments, credit scores , credit mix, utilization ) before you get a credit card ," Cox says. When you miss out on saving for a decade of your life (your 20s), you may need to win the lottery to make up that time in saving," Cox told Business Insider.

Persons: Lynnette, Cox, —, Robinhood Organizations: Service, Resilience, Business, Robinhood

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). My dad taught me a credit card is not an extension of your income — it's credit the issuer expects to be repaid. Once I graduated college, started working, and bought my first house, I decided it was time to get my first credit card. Right now credit card debt is at an all-time high of over $1 trillion according to a report by the New York Federal Reserve. Find the Right Card for You Checking to see if you're pre-approved for a credit card offer can help you find the right card while safeguarding your credit score.

Persons: — Organizations: Service, New York Federal Reserve

☆ Are US Treasurys still a safe-haven asset? An epic bond-market crash and rising default fears are sowing doubts.
▼ + stars: | 2023-11-12 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Financial markets have been engaged in a growing debate over the risks that lurk in Treasurys, with prominent voices raising doubts. AdvertisementAdvertisementIn March, a Richard Bernstein Advisors note said spreads on credit default swaps have climbed for Treasurys since since 2011, when the federal government was issued its first credit downgrade. Then came this spring's debt-ceiling drama and the US credit downgrade in August from Fitch, which cited the rising debt burden and political dysfunction. If a downgrade follows, then US debt wouldn't be in the safest category for default risk at any of the three major ratings agencies. Several auctions for long-dated Treasurys have seen weak demand, and buyers are demanding higher compensation for the risk of carrying Treasurys.

Persons: —, Moody's, they've, Mohamed El, Erian, Asset's Seema Shah, Treasurys, Richard Bernstein, Gennadiy Goldberg isn't Organizations: Service, Federal, CNBC, Dallas Federal, Richard Bernstein Advisors, Fitch, Penn Wharton Budget, Securities Locations: Treasurys, there's, US

☆ Nicolas Cage is using ‘Dream Scenario’ to process his ‘memefication’
▼ + stars: | 2023-11-10 | by ( Thomas Page | ) edition.cnn.com time to read: +9 min

Now we have “Dream Scenario,” combining both Cage the celebrity whose fame stalks and distorts him, and Cage the self-described thespian. Paul Williams (Nicolas Cage), the academic who the world can't stop dreaming about, in Kristoffer Borgli's "Dream Scenario." Courtsey NEONNicolas Cage ("Nick Cage") contemplates his career in "The Unbearable Weight of Massive Talent" (2022). Nicolas Cage and Julianne Nicholson as husband and wife thrown into disarray with his newfound fame in "Dream Scenario." “Dream Scenario” is released in the UK and on limited release in the US on November 10, before going nationwide on November 22.

Persons: Nicolas Cage, He’s, ”, Cage’s, Renfield ”, Nicholas Hoult, Anne Bancroft, “, John Travolta, we’ve, ” “, Oscar, there’s, Paul Williams, Kristoffer Borgli's, Kristoffer Borgli’s, Paul, ’ ”, ” Paul, Nick Cage, Katalin Vermes, he’s, Paul bungle, Jordan Peterson, they’re, Carl Jung, Julianne Nicholson, “ I’m, James Dean, Eden ’, ” Cage Organizations: CNN, Lionsgate Locations: New York, Las Vegas, ‘

You can now transfer Bilt Rewards points to Marriott Bonvoy at a 1:10 ratio. As of today, November 8, you can now transfer Bilt Rewards points to Marriott Bonvoy at a 1:1 ratio. Bilt cardholders can transfer points to Marriott in increments of 1,000 (Bilt Blue tier members must transfer a minimum of 2,000 points per transaction). Cardholders also receive a bonus 5,000 Marriott Bonvoy points for every 20,000 Bilt points transferred to Marriott in a single transaction. You'll receive a 100-point Bilt Rewards point bonus for linking your Marriott Bonvoy account to your Bilt Rewards account.

Persons: —, Cardholders, Marriott, Here's, you’re, Bilt, Experian, TransUnion ™, Equifax, You'll, Bilt cardholders Organizations: Marriott, IHG, Hyatt, Service, American Airlines and United Airlines, Mastercard, Alliance, Emirates Locations: Hyatt, Emirates

Matthew Perry, the beloved actor who starred as Chandler Bing on “Friends,” has died. “We are devastated by the passing of our dear friend Matthew Perry. Matthew Perry at the 2022 GQ Men Of The Year Party on November 17, 2022 in West Hollywood, California. (l-r) Matt LeBlanc, Lisa Kudrow, David Schwimmer, Matthew Perry (second row) Courteney Cox and Jennifer Aniston. Reisig & Taylor/NBCU Photo Bank/Getty ImagesOn “Friends,” Perry starred alongside Courteney Cox, Matt LeBlanc, David Schwimmer, Jennifer Aniston and Lisa Kudrow in the comedy about a tight knit group of friends living in New York City.

Persons: Matthew Perry, Chandler Bing, ”, Perry, Matthew, Warner, Brian Humphrey, Humphrey, Gregg DeGuire, Perry’s, Robert ”, “ Charles, Tracey Ullman, Jimmy Reardon, ’, Chandler, Joe Quincy, Matt LeBlanc, Lisa Kudrow, David Schwimmer, Courteney Cox, Jennifer Aniston, Reisig, ” Perry, Doctors, “, haven’t, ’ ”, ” Matthew Perry, Mark J, Terrill, Molly Hurwitz, Molly, Matthew Perry’s, ” Maggie Wheeler, Chandler’s, Janice, Mathew Perry, ” Selma Blair, Matty, ” Michael Rapaport, Gary, Yvette Nicole Brown, Perry “ Organizations: Police, CNN, Los Angeles Times, Warner Bros . Television Group, ” Los Angeles Fire Department, Party, Getty, Warner Bros . Television, Warner Bros ., NBCU, Bank, Perry’s, “, CBC Locations: Los Angeles, West Hollywood , California, Williamstown , Massachusetts, Ottawa, Canada, Beverly Hills, New York City, Pasadena , California, American

☆ Burt Young, ‘Rocky’ actor, has died at 83
▼ + stars: | 2023-10-19 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Burt Young, a former boxer who found fame playing tough guys in Hollywood, died earlier this month, his daughter Anne Morea Steingieser told the New York Times. Young was best known for his role as Rocky Balboa’s brother-in-law Paulie in the “Rocky” movie franchise. Sylvester Stallone, who starred as Rocky, paid tribute to Young on Wednesday. “I was on the MGM lot when Sly Stallone came over and introduced himself to me, told me he wrote ‘Rocky’ and said ‘you gotta do it,’” Young recalled. He has a real eyeball for what’s going on in the world.”It helped establish Young as an actor who could play the heavy, but also be complex.

Persons: CNN — Burt Young, Anne Morea Steingieser, Young, Rocky Balboa’s, Paulie, Sylvester Stallone, Rocky, “, BURT, ” Stallone, Queens , Young, Cus D’Amato, she’d, Lee Strasberg, couldn’t, ”, ” Young, Strasberg, Rocky ”, didn’t, Sly Stallone, Rocky ’, ‘, ’ ” Young, “ Stallone, Robert De Niro, Ralph Macchio, Teddy Bear, Bobby Bacala, Kevin Organizations: CNN, New York Times, New, Marines, Times, MGM, Young Locations: Hollywood, New York City, Queens ,, Corona, ”, “ Cuba

Suzanne Somers, the effervescent blonde actor known for playing Chrissy Snow on the television show “Three’s Company” and who became an entrepreneur and New York Times best-selling author, has died. Somers faced some backlash for her reliance on what she’s described as a chemical-free and organic lifestyle to combat the cancers. On “Three’s Company,” she was the ditzy blonde opposite John Ritter and Joyce DeWitt in the roommate comedy. “The show’s response was, ‘Who do you think you are?’” Somers told People in 2020. Somers did reconcile with Ritter before his death, and then with DeWitt on her online talk show.

Persons: Suzanne Somers, Chrissy Snow, ”, Somers, Couri Hay, Alan Hamel, Bruce, “, ‘, Oprah Winfrey, she’d, Bruce Somers, Hamel, Steve McQueen, “ Bullitt, George Lucas’s, Richard Dreyfuss’s, Lucas, ” Somers, John Ritter, Joyce DeWitt, would’ve, Ritter, ‘ John Ritter, DeWitt, ” Hamel Organizations: New York Times, American Cancer Society, Thunderbird, Rockford, “ Three’s, ABC, CBS News, People Magazine Locations: Palm Springs , California, San Bruno , California, ”, Vegas

Capital One has revealed its newest airport lounge, an 8,500-square-foot outpost at Washington-Dulles International Airport (IAD). Read Insider's guide to the best credit cards with free airport lounge access. The Capital One Lounge at Dulles (IAD) is the issuer's highly anticipated second location, expanding the issuer's reach to the Washington D.C. metropolitan area. It's the first credit card-affiliated lounge at Dulles, and the space will likely prove popular for travelers departing from the airport. Premium perks including airport lounge access and statement creditsCheck mark icon A check mark.

Persons: Eero Saarinen, Dulles, H, Will Patton, Chris Dong, it's, Chase Sapphire, Amex, Chase Organizations: Dulles International, Travelers, Capital, Service, Fort Worth International, Dulles, Washington D.C, Capital One, One, Premier, Rhino Brewing Co, Michelin, Acorn, Dulles Airport, Venture, Business, LaGuardia, Reagan Washington National Airport Locations: Washington, Wall, Silicon, Dallas, DFW, Dulles, Virginia, Central Virginia, Denver, Las

☆ Americans say this is the most valuable money lesson they've ever learned—but many aren't putting it into practice
▼ + stars: | 2023-08-24 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +2 min

But 53% of Americans say learning how to budget and track expenses is the most valuable money lesson they've learned, according to a recent survey of over 1,000 Americans from financial services company Empower. And the good news is, Americans are learning this lesson early — by age 22, on average, Empower found. Here's why it's so difficult to track your spending, and tips for making and sticking to your own money plan. Additionally, it may be difficult to start good money habits if you have subconscious negative beliefs or feelings around money that you haven't addressed. "Avoiding your money or having trouble starting the process of tracking your expenses can feel like you are protecting yourself from a daunting task."

Persons: they've, Courtney Burrell, Burrell, Aja Evans Organizations: CNBC

☆ My dad passed away 10 years ago—he left me these 6 rules for a happy life: 'Come home for dinner'
▼ + stars: | 2023-07-14 | by ( Christie Daley | ) www.cnbc.com time to read: +4 min

My dad was a successful banker and Army veteran, and he would have been 82 this year. Even though I only got 27 years with my dad, he's still very much alive in my heart. Some of the most memorable things he taught me centered around his favorite topics: family, working hard and being smart about money. My dad always focused on being constructive rather than complaining about things that were beyond his control. By the time I graduated, I had a strong credit score and the ability to open a card with points.

Persons: he's, I'm, Christie Daley, he'd, spender Organizations: Army

May enroll in U.S. Bank Smart Rewards if you meet certain requirements Cons Dash icon A dash. Savings Account 3.75 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Annual Percentage Yield (APY) 0.03% Minimum Deposit Amount $25 Fees $1 Start savingSantander® Bank, N.A. Savings Account 3.75 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Annual Percentage Yield (APY) 0.03% Minimum Deposit Amount $25 Fees $1 View Full Details Start saving On Santander Bank's site. Low APY Dash icon A dash. $5 maintenance fee per quarter if you don't have at least $5 in your account Dash icon A dash.

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Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). A travel rewards credit card will help get me back on trackBut I was determined, and giving in felt like letting myself down. Though I considered them all, none felt like the right move, until I started thinking about opening up a travel rewards credit card. Note that credit card lenders may use many different variations of credit score models when considering your application. Like many travel credit cards, my card has a high interest rate, so I always pay it off in full.

Persons: I've, haven't Organizations: Service, Target, Walmart, Chase, Chevron, Reading Chevron Locations: Wall, Silicon

The Chase Freedom Rise℠ is a beginner credit card that earns 1.5% cash back on all purchases with no annual fee. How to Apply for the Chase Freedom RiseTo apply for the Chase Freedom Rise℠, you must fill out an application at a physical Chase bank branch. Chase Freedom Rise Benefits and RewardsThe Chase Freedom Rise℠ is similar to the Chase Freedom Flex℠ and Chase Freedom Unlimited® in that it earns rewards in the form of Chase Ultimate Rewards® points, which you can redeem at a rate of 1 cent each for cash back, gift cards, or travel through the Chase Ultimate Rewards Travel Portal. Unlike the other Freedom cards, the Chase Freedom Rise℠ doesn't offer a traditional welcome bonus tied to a spending requirement. That's not a bad deal considering many starter credit cards don't offer a bonus at all, but it's significantly less than what the best cash-back credit cards offer.

Persons: Chase, Read, —, you'll, We're, That's, Cardholders, you've Organizations: Service, Chase, Quicksilver, Chevron, Gas, Business, Chase Credit Locations: autopay

How to Apply for a Credit CardYou can apply for your first credit card in person, by mail, on the phone, or online, and if your credit is good, you'll have your pick of various cards and credit card companies. Use your credit card responsiblyMoving from a debit card to a credit card is a crucial transition, as sudden access to all those borrowed funds can produce a temptation to overspend. How to Get a Credit Card Frequently Asked QuestionsWhat happens if my credit card application gets rejected? If your credit card application gets rejected, you'll receive an adverse action letter from the credit card company. And even those without extensive credit histories can apply for a starter credit card or a secured credit card to begin building up the necessary foundation.

Persons: there's, you’ve, Wells, We're, You'll, it's, you've, you'll Organizations: Card Wells, Social

First Security Bank and Trust Company accounts First Security Bank and Trust Company Savings AccountFirst Security Bank and Trust Company Free Checking AccountFirst Security Bank and Trust Company CDFirst Security Bank and Trust Company Money Market Account Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. About First Security Bank and Trust CompanyFirst Security Bank and Trust Company is a Black-owned bank with one branch in Oklahoma City, OK. First Security Bank and Trust Company FAQSWhat is First Security Bank and Trust Company? Methodology: How We Reviewed First Security Bank and Trust CompanyFor our First Security Bank and Trust Company review, we rated bank products and services using our bank account methodology. How First Security Bank and Trust Company ComparesFirst Security Bank and Trust Company is the only Black-owned bank in Oklahoma.

☆ 5 real estate investors who started with low credit scores or zero credit at all share 4 strategies they used to boost their credit and buy their first homes
▼ + stars: | 2023-04-29 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +10 min

Insider has spoken to successful real estate investors who started with terrible credit, or no credit at all, and still managed to buy investment properties. Like many young students, they didn't fully understand how credit worked and ended up racking up credit card debt. Apply for a secured credit card and pay your bills on timeWithout any credit history, Afzal couldn't open a regular credit card. Instead, he had to start by getting a secured credit card, which is a starter card that doesn't require a credit history or credit score. The credit card company will hold that money as collateral if you end up defaulting your card.

REUTERS/Brendan McDermidNEW YORK, April 20 (Reuters) - A debt ceiling fight is looming in the U.S. yet again, giving investors another worry for markets this year. Here is a Q&A about the implications for markets:WHAT IS THE DEBT CEILING? The debt ceiling is the maximum amount the U.S. government can borrow to meet its financial obligations. Outstanding government debt, nominal gross domestic product and federal limit to borrowWHEN WILL THE U.S. HIT THE DEBT CEILING? Some Treasury bills (T-bills) are featuring a premium in their yields that may be tied to an elevated default risk, according to some analysts.

NEW YORK, April 18 (Reuters) - The U.S. government's deadline to raise the $31.4 trillion debt ceiling could be sooner than expected, raising the prospect of a short-term debt limit extension, analysts said on Tuesday. Meanwhile, on Monday, U.S. House of Representatives Speaker Kevin McCarthy outlined spending cuts his fellow Republicans would demand in exchange for voting to raise the debt limit. "As the debt limit deadline comes into better focus with additional tax receipt data, we expect to see somewhat greater pricing of debt limit risks in financial markets," Goldman Sachs analysts said in a note. The yield on the 2-month U.S. Treasury bill jumped on Tuesday to its highest level since at least 2018, as unease about the U.S. debt ceiling and the likelihood of another interest rate hike took hold. The cost of insuring U.S. debt against default for one year stood at about 95 basis points as of Monday, according to Refinitiv data - well above 2011 levels, when a standoff over the debt ceiling triggered the first credit downgrade of the U.S. government.

☆ Credit Suisse Chairman: ‘I Am Truly Sorry’
▼ + stars: | 2023-04-04 | by ( Patricia Kowsmann | ) www.wsj.com time to read: 1 min

Credit Suisse Group AG’s annual shareholder meeting Tuesday was supposed to be the launchpad for its recovery. Instead, it became the final chapter of its nearly 167-year-old history. Security was tight and check-in was slow for some 1,750 shareholders who showed up at the hockey stadium in the north of Zurich, normally home to concerts and comedians. It was the first Credit Suisse annual meeting held in person since the Covid-19 pandemic took hold in early 2020.

☆ Goldman Sachs Steps Back From Bidding for New Credit Card Programs
▼ + stars: | 2023-02-16 | by ( Annamaria Andriotis | ) www.wsj.com time to read: 1 min

The bank expressed interest in several credit-card programs in recent years. Goldman Sachs Group Inc. is pausing its efforts to acquire new credit-card programs, according to people familiar with the matter. The Wall Street firm recently ended advanced discussions to launch a co-branded credit card for T-Mobile US Inc., these people said. The account was close to becoming Goldman’s third card program, following Apple Inc. and General Motors Co. It would have been T-Mobile’s first credit-card program.

☆ Armada Hoffler Plans Private Bond Sales After Securing First Credit Rating
▼ + stars: | 2023-02-07 | by ( Mark Maurer | ) www.wsj.com time to read: +4 min

Real-estate investment trust Armada Hoffler Properties Inc. plans to raise financing through a series of private placements after securing its first credit rating, a move to wean itself off variable-rate debt as interest rates continue to climb. Armada Hoffler, which invests in office, retail and multifamily properties, on Tuesday said it obtained a BBB rating from ratings firm DBRS Morningstar. Armada Hoffler will likely always have some variable debt, which it needs to take out construction loans, he said. Armada Hoffler is developing a new headquarters for asset manager T. Rowe Price Group Inc. in Baltimore, in partnership with real-estate developer Beatty Development Group LLP. In addition to acquiring properties, Armada Hoffler has development, construction and asset-management business lines.

☆ ‘24,’ ‘Runaways’ actor Annie Wersching dead at 45; she had cancer
▼ + stars: | 2023-01-29 | by ( Associated Press | ) www.nbcnews.com time to read: +1 min

Actor Annie Wersching, best known for playing FBI agent Renee Walker in the series “24” and providing the voice for Tess in the video game “The Last of Us,” has died. Wersching passed away Sunday morning in Los Angeles following a battle with cancer, her publicist told The Associated Press. Thoughts are with her loved ones.”Actor Abigail Spencer, who appeared with Wersching on the sci-fi series “Timeless,” tweeted, “We love you Annie Wersching. You will be deeply missed.”Born and raised in St. Louis, Missouri, Wersching appeared on dozens of television shows over the course of her two-decade career. Her first credit was in “Star Trek: Enterprise,” and she would go on to have recurring roles in the seventh and eighth seasons of “24,” “Bosch,” “The Vampire Diaries,” Marvel’s “Runaways,” “The Rookie” and, most recently, the second season of “Star Trek: Picard” as the Borg Queen.

As in 2011, the GOP speaker runs a House majority full of ideologically-driven conservatives who want to use the debt limit as leverage to force budget changes on a Democratic-led Senate and White House. “It is possible we will eventually see House Republicans put forth a plan for dealing with both the debt limit and the spending problem. After 2011, the Obama White House drew a hard line when the debt limit deadline came up again in early 2013. Andrew Harnik / APAsked about Biden's position and the GOP criticisms, the White House said the president “takes a backseat to no one” on pursuing bipartisanship, but said that the no-negotiations stance from 2013 onward on the debt limit succeeded. “Everyone seems to have forgotten that there was a debt limit standoff in 2013 where Obama adopted the no-negotiation approach and prevailed with a clean debt limit,” he said.

A TransUnion survey found 5.8 million people opened their first credit account in 2021, up from 5.1 million in 2020. New credit users, primarily led by Gen Z, are recovering to pre-pandemic levelsThe TransUnion survey reports that 5.8 million consumers opened their first credit account in 2021, nearly reaching pre-pandemic levels. The survey found that credit consumers generally perform at comparable levels to more established credit consumers across the nine countries surveyed. In some cases, though not in the US, new credit consumers had lower delinquency rates than older credit consumers. High interest rates can make it challenging to build a positive credit history, but you need a positive credit history to qualify for lower interest rates.

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