Market Wrap: Stocks End Sharply Lower; Energy Leads Drop

WASHINGTON — Federal Reserve Chair Janet Yellen said Wednesday she was “looking forward” to a U.S. interest rate rise that will be seen as a testament to the economy’s recovery from recession. Fed policymakers are widely seen raising interest rates for the first time in almost a decade...
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Sears Posts Smaller Quarterly Loss as Sales Keep Sliding

Sears Holdings (SHLD) reported a smaller quarterly loss Thursday as it slashed advertising and payroll costs, but the struggling retailer’s sales continued to tumble, hurt by weak apparel demand. The owner of the Sears department store and Kmart discount store chains said its net loss attributable to shareholders...
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E. coli Outbreak Linked to Chipotle Restaurants Expands

An outbreak of E. coli linked to Chipotle has expanded to nine states, with a total of 52 reported illnesses. The Centers for Disease Control and Prevention said Friday seven additional people were sickened, including in three more states: Illinois, Maryland and Pennsylvania. The most recent illness started...
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December Rate Hike Assured, Yellen Faces Future Battles

WASHINGTON and PHILADELPHIA — Federal Reserve Chair Janet Yellen has the evidence of U.S. labor market health she wanted in order to raise benchmark interest rates for the first time in a decade this month, but she may have a tougher time selling further hikes. Yellen’s arguments against...
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5 Ways to Make a Better Plan for Your Money in 2016

From professional football player to speaker and financial coach, Chris Hogan has been a staple among personal finance experts. The money guru once worked as vice president of a mortgage company and later turned to helping people successfully manage their money. As a finalist in the 2015 GOBankingRates...
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5 Apps to Organize Your Financial Life

LOS ANGELES — Earlier this year a tax pro mentioned the FileThis organizing app to me. Within seconds of installing it, I wondered, “Where has this been all my life?” I have tried an absurd number of software programs that promised to simplify, streamline and de-clutter our family’s...
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Whom Not to Tip for the Holidays

With the New Year rapidly approaching, it’s a good time to reflect on the past year and think about all the people who have helped you get through it — and how best to show them your appreciation. “The root of the word gratuity is gratitude,” says Daniel...
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6 Money Strategies for the Sandwich Generation

When her father was diagnosed with a respiratory disease about seven years ago, Joy Frank-Collins juggled her work schedule and parenting demands to maximize the time she spent by his side. Frank-Collins, a 41-year-old who heads her own communications firm in Marietta, Ohio, also coordinated with her siblings...
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Americans Pay Up to 10 Times Too Much for Medications

Just 17 percent of people comparison shop for their prescriptions to find better deals, a new survey shows. That means 83 percent are potentially paying hundreds of dollars more than necessary each time they fill a prescription, according to Consumer Reports. The nonprofit found that medications can cost...
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