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Must Read Money Stories Wednesday, Oct. 22
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Must Read Money Stories Wednesday, Oct. 22

Low credit? You’ll pay more. The New York Times reports this morning that several states have recently passed laws allowing higher interest rates and fees on customers with low credit scores. The states include Missouri, Kentucky, Arizona, Indiana, Florida and North Carolina. In North Carolina, higher fees and rates were initially opposed by an unlikely […]

How big spending on campaign ads affects the economy
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How big spending on campaign ads affects the economy

Less than a month before Election Day, campaigns across the country are dialing up their last-minute efforts to win voters. Especially in battleground states, get-out-the-vote measures are saturating the airwaves with campaign advertising, and those ads don’t come cheap. This cycle, candidates for the U.S. House have already racked up total election-year spending of more […]

Must Read Money Stories, Tuesday, Oct. 21
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Must Read Money Stories, Tuesday, Oct. 21

Apple sold 39 million iPhones last quarter, shattering last year’s sales. The technology company made $8.5 billion in profit, according to the New York Times, which was 13.3 percent higher than 2013’s fourth quarter earnings. Analysts point to Apple’s skyrocketing sales of its new iPhones as one of the major reasons for its success, as […]

The money tale of two World Series teams
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The money tale of two World Series teams

After a lot of extra-inning games, the 2014 World Series matchup has finally been decided. The Kansas City Royals and San Francisco Giants have some things in common regarding how they got so deep into October — both reached the Series via wild card games and strong bullpens. But that’s where the similarities between these […]

Must Read Money Stories, Thursday Oct. 16
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Must Read Money Stories, Thursday Oct. 16

Global markets plummeted on Wednesday. Though Wall Street had a resurgence toward the end of the day, the Dow Jones industrial average dropped by 173.45 points yesterday. The dip came after a massive sell-off in Europe as the Eurozone continues to struggle. The New York Times says investors fear that governments don’t have the policy […]

Must Read Money Stories, Wednesday Oct. 15
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Must Read Money Stories, Wednesday Oct. 15

Google and Amazon, ready for a street fight. Google announced an expansion of its same-day delivery service, which will now be called Google Express. Wired reports the service will expand to Chicago, Boston and Washington D.C. The company already offered same-day delivery for online purchases in San Francisco, Los Angeles and New York. Google isn’t the […]

Must Read Money Stories, Tuesday, Oct. 14
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Must Read Money Stories, Tuesday, Oct. 14

  Expect Nike to use Kevin Durant’s injury to its advantage. In September, Durant signed a 10-year $275 million contract with the Portland-based company and will now miss at least part of the 2014-15 season after fracturing his foot. Injuries and career setbacks haven’t stopped Nike and other apparel companies from making millions off of […]

CNN's Sanjay Gupta reports on TKM-Ebola, a new drug in the works. PHOTO: CNN screenshot
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As concern over Ebola spreads, how are local firms affected?

Troubling news this week from the World Health Organization and the Centers for Disease Control and Prevention (CDC) about the burgeoning Ebola epidemic:  the CDC issued a worst-case scenario forecast of as many as 1.4 million cases by January.  While still largely confined to Africa, the Ebola outbreak is of growing concern worldwide and while […]

Heirs to the Rockefeller oil fortune withdrew their funds from fossil fuel investments
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Rockefeller move highlights socially-conscious investing trends

News came  this week — apparently timed to coincide with the United Nation’s Climate Summit 2014 held in New York City — that heirs to the petroleum-based Rockefeller family fortune planned to divest their $860 million charity fund from assets related to fossil fuels as CNBC reported.  Inside Philanthropy says it figures at least another […]