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  • Two Minute Money: How secured credit cards work

    If you've got bad credit, a secured credit card might be your best option to fix it.

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  • Lowest-income families spend 40% of their money on what economists label luxuries
    News
    MarketWatch12 hours ago

    Lowest-income families spend 40% of their money on what economists label luxuries

    It turns out that all Americans, regardless of income, spend a large percentage of their income on what economists categorize as luxuries. People who make the most money spend the biggest chunk of their incomes on luxury goods, but even the poorest households spend a significant amount on luxuries, according to an analysis released recently by Deutsche Bank Research. The wealthiest families (the top fifth of earners) spend around 65% of their incomes on luxury goods and 35% on necessities, according to the study, which looked at spending habits between 1984 and 2014. Middle-income households weren’t far behind: They spend 50% on luxuries and 50% on necessities. Even the lowest-income families

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  • Business
    Oilprice.com6 hours ago

    The Other Culprits Of The Oil Price Crash

    It is no surprise that oil prices continue to fall when you look at the rising tide of oil production around the world. The U.S. shale industry is frequently accused of being the main culprit, but tight oil is far from alone. A recent FT article explores how investments that were started five or six years ago, when the oil price was $100 a barrel, are now coming on stream with a vengeance.

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  • Hey Walgreens and Rite Aid, Look at These Two Deals the Government Just Said Are Cool
    Business
    The Street13 hours ago

    Hey Walgreens and Rite Aid, Look at These Two Deals the Government Just Said Are Cool

    Walgreens Boots Alliance (WBA) and Rite Aid Corp. (RAD) may have missed on on the FTC sweepstakes but two other retail mergers were cleared by the Federal Trade Commission in the past week. Shares of Cabela's Inc. (CAB) were up slightly Wednesday, July 5, after the company announced that at long last Cabela's had received antitrust approval for its sale to privately-held rival, outdoor supplier Bass Pro Shops. Also approved recently was Alimentation Couche-Tard Inc.'s $4.4 billion acquisition of competitor CST Brands Inc. The companies announced plans for the sale back in October 2016, but was slowed down by the need for antitrust clearance and approval from financial regulators. The companies

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