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Why Fed won't have a big impact on your loans anytime soon
NEW YORK (AP) -- Nobody knows when exactly, but the day will eventually come when the Federal Reserve nudges its benchmark lending rate from next to zero to something slightly higher.
When that happens, it will put upward pressure on borrowing rates throughout the economy -- for credit cards, mortgages and student loans. But consultant seo that doesn't mean the era of incredibly low interest rates will soon be over.
The Fed's chair, Janet Yellen, has taken pains to be cautious. On Wednesday, the central bank gave more signals that it will move slowly toward its first interest-rate increase in nearly a decade. By the end of the year, Fed officials expect the benchmark rate will reach 0.625 percent.
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Judge OKs $10 million settlement in Target data breach
A Minnesota judge has endorsed a settlement in which Target Corp. will pay $10 million to settle a class-action lawsuit over a massive data breach in 2013.
People affected by the breach can file for up to $10,000 with proof of their losses, including unauthorized charges, higher fees or interest rates, and lost time dealing with the problem.
U.S. District Judge Paul Magnuson granted preliminary approval of the settlement after a hearing Thursday in St. Paul, Minnesota. The move will allow people to begin filing claims ahead of another hearing for final approval, which was scheduled for Nov. 10.
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Big in Asia, Line app hopes cute factor will win worldwide
SEOUL, South Korea (AP) -- Mickey Mouse, Hello Kitty: Move over. And make way for laidback Brown bear and his irrepressible girlfriend Cony the bunny.
Once just digital stickers that users of mobile messaging app Line send to each other like emoticons, the bear, the bunny and their seven friends will soon be unleashed through stores, virtual reality and possibly an animated film.
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Yellow cabs now outnumbered by Uber cars on NYC streets
NEW YORK (AP) -- New York City's storied yellow cabs are taking a back seat to black cars.
Uber cars, often black sedans that can be summoned with smartphone apps, now outnumber the yellow taxis that city riders have hailed with a whistle and a wave for generations.
It was a changing-of-the-guard moment that passed with little fanfare this week in figures released by the city's Taxi and Limousine Commission: 14,088 registered Uber cars compared with 13,587 yellow cabs.
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Poll: Little change in desire for action on inequality
DENVER (AP) -- Interest in income inequality is all the rage in public debate nowadays, with political figures from Sen. Elizabeth Warren on the left to Republican consultant seo presidential prospect Jeb Bush on the right decrying the widening gap between the wealthy and everyone else.
But Americans aren't nearly as fascinated by the issue as their leaders seem to be. The public's focus on income inequality has remained stagnant over the past 36 years, according to the General Social Survey, which measures trends in opinion. Republican support for the government doing something to narrow the gap between rich and agence seo poor reached an all-time low in 2014, and even Democrats were slightly less interested in government action to address the issue than they were two years ago.
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Applications for US jobless aid barely rose last week
