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Finances

Creative ways to make generous giving a family activity

Despite the many challenges of 2020, Americans are pausing this week to give things. The period of Thanksgiving through the new year traditionally sees the highest giving levels among individuals of all ...

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How low can interest rates go?

interest rates

Looking back to the start of the century, interest rates have been in decline. Back then the Aggregate Bond Index was paying over 7%. Today? Just 1%. This means in order for ...

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Kansas and Missouri in bottom half of most charitable states: study

As the giving seasons begins, Missouri and Kansas have a ways to go to catch up with the most charitable states in the nation. Missouri ranked No. 24 and Kansas came in ...

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Dave Says – Are utilities included?

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Are utilities included? Dear Dave, ...

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Economy breaks all records, grows at 33 percent

The U.S. economy grew at an astounding rate this fall surpassing the previous record set in 1950.  Department of Commerce announced Oct. 29 that U.S. economic output in the third quarter grew ...

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Should you change investments ahead of the election? Maybe.

Worried about what might happen to financial markets and your investments if we have the first contested election in 20 years, or if your candidate doesn’t win? You aren’t alone. Unfavorability ratings ...

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Does a $15 minimum wage help workers? Target experiment hurts loyal employees

Bonnie Furlong started working at Target more than seven years ago. Today, however, she’s making the same as new hires and less than she was before the Minneapolis-based retailer raised its minimum ...

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Pre-pandemic economy reached unprecedented heights for black, Hispanic Americans, new data shows

New data from the Federal Reserve show that the pre-pandemic economy was reaching unrivaled heights of prosperity for Americans across all walks of life. Then it was interrupted. The isolated life many ...

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Unemployment drops to 7.9 percent as economy adds 600K jobs

Unemployment falls to 7.9% in September with the addition of 661,000 jobs was the good news announced by the Labor Department on Friday. The rate is just above that reported in the ...

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Dave Says – Many benefits to budgeting

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Dear Dave, Some friends recently ...

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Hobby Lobby stores announce plan to increase minimum wage to $17 an hour

The Christian-owned Hobby Lobby retail chain is increasing its starting wage for all full-time employees to $17 an hour beginning on October 1. “Because this year has presented so many challenges to ...

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Unemployment compensation is taxable; Have tax withheld now and avoid a tax-time surprise

With millions of Americans now receiving taxable unemployment compensation, many of them for the first time, the Internal Revenue Service is reminding people receiving unemployment compensation that they can have tax withheld ...

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Regional economy is improving as unemployment dips to 5.8%

unemployment economies

Although the economies of Missouri and Kansas were hit hard by the pandemic, things are improving as unemployment drops across the area. Creighton University’s August survey of supply managers and business leaders ...

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Who believes in the S&P 500 rally?

S&P 500 stock

Last month the S&P 500 reached a new all time high. Crazily this has come at the same time that retail investors have been piling out of mutual funds and ETFs at ...

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Dave Says – Teachable moments are valuable at any age

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Teachable moments are valuable at ...

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As economy roars back, S&P Index regains all covid losses

Viewed as one indicator of the overall health of the U.S. economy and equities market, the benchmark S&P 500 stock index surged to close at 3,389.78 points on Tuesday. The numbers set ...

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Who’s gonna pay for the ‘free’ lunch

free lunch

The saying “there’s no such thing as a free lunch” has been attributed to many people over the years. Someone must produce and someone must pay for what we consume. There has ...

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Large majority of donors expect no impact from COVID-19 this year

In good news for churches and faith-based organizations, the vast majority of donors don’t the expect the covid-19 pandemic to reduce their giving for the rest of 2020. However, experts warn nonprofit ...

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Republicans announce details of HEALS Act stimulus effort

As Democrats revive Congressional hearings over the now debunked Russian collusion theory, Senate Republicans have finished a second stimulus plan to nurture the economic expansion. The proposal aims to stimulate the economy ...

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Dave Says – Responsibilities come first

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey.   Responsibilities come first   Dear ...

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New Republican-led stimulus focuses on ‘kids and jobs’

Discussions on the next stimulus relief effort will bring Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows to Capitol Hill on Tuesday. Mnuchin said the next round of ...

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Nearly 1/3 of investors 65+ sold stocks at the market bottom

Typically when you fail to plan, you are planning to fail. It’s best to have a plan before trouble comes, rather than make emotional decisions on the fly during times of duress ...

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Dave Says – Tithe on stimulus check?

dave ramsey

Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Tithe on stimulus check?   Dear ...

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IRS announces rollover relief for RMDs from retirement accounts that were waived under the CARES Act

The Internal Revenue Service announced that anyone who already took a required minimum distribution (RMD) in 2020 from certain retirement accounts now has the opportunity to roll those funds back into a ...

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America’s housing market on verge of post-pandemic boom say economists

There’s more good news concerning the America’s comeback from the coronavirus shut-down. A Reuters poll reveals that the nation’s  housing market is expected to weather the pandemic and stage a solid rebound this year ...

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