May 17, 2024
Investment

A bank’s offering a 100-year CD. Should you consider investing in one?

Savers may want to lock in high interest rates for the long haul before they likely head lower later this year. But is 100 years too long? Concord, New Hampshire-based Walden Mutual Bank is finding out. The financial institution is offering a100-year Local Impact Certificate of Deposit (CD) paying a fixed 4.75% annual interest rate.

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Funds

New North Padre Island park in Corpus Christi may see more funds

A planned park for North Padre Island that would transform a largely bare landscape into a regional recreational hub hasn’t yet reached design – but additional funding may speed it along. The first phase of Commodore Park, if it were to unfold as envisioned, would encompass a range of early amenities such as pickleball courts,

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Loans

Biden’s student loan forgiveness scheme will push inflation up again

My husband and I both work full time. We like our jobs, but we work hard. Our reward? Sending thousands of dollars to the federal government each year.  Much like millions of other Americans on Tax Day, we had to write a large check and send it off to the Internal Revenue Service.  It’s always painful

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Property

Memphis Mayor Paul Young asking City Council for property tax incrase

Memphis Mayor Paul Young announced that he would be seeking a property tax increase to account for a $30 million shortfall in the city budget. Young on Tuesday said that due to a decrease in federal funds and an increase in pension payments, a tax hike was necessary in order to “get the results people

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Finance

12 financial moves to make this spring

Spring cleaning can mean tidying up your wallet or pocketbook, as well as your closet. In the spirit of renewal, here are 12 financial moves you should make this spring. Some are annual rituals, or should be. Others are tasks we tend to put off, but shouldn’t. 1. Revisit your resolutions Many of us set

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