OLD TIMES

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Can’t get a personal loan? 4 alternatives to try

Personal loans provide quick, unsecured funds that can pay for everything from home repairs to medical emergencies. Instead of requiring collateral like a house or car, many lenders prefer applicants with strong credit and high incomes. But what if you don’t meet a lender’s requirements? People who don’t qualify for a personal loan have alternatives …

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Gasoline prices continue to climb due to tighter supply and increased demand

Gasoline prices continue to climb due to tighter supply and increased demand

US gas prices have risen for ten straight days, as gas prices hit over $6 a gallon in California. The price of gas has risen since September 21, after falling for less than 100 days during the peak summer season. The national average gasoline price was $3.797 per gallon on Sept. 30, down from $3.689 …

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California gas prices hit new highs as supply shortages persist

California gas prices hit new highs as supply shortages persist

Refinery shutdowns and production issues across California are causing gas prices in the state to soar by up to 15 cents a day. Californians paid $6.29 on average, as of Sept. 30, for a gallon of gasoline, about 66 percent more than the national average of $3.80, according to the Automobile Club of Southern California. …

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Morgan Stanley warns of something worse than a 'normal recession'

Morgan Stanley warns of something worse than a ‘normal recession’

Morgan Stanley’s chief U.S. equity strategist, Michael Wilson, said he was confident a corporate earnings recession was coming and could be worse than a “normal” recession. Wilson said in a September 26 interview with CNBC’s “Squawk Box” that his team at Morgan Stanley is taking a close look at the evolution of US corporate earnings …

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The Fed just predicted a pretty lousy economy - and the markets took notice

The Fed just predicted a pretty lousy economy – and the markets took notice

Comment The Federal Reserve (Fed) announced on September 21 that it had raised interest rates by 75 basis points (bps), or three-quarters of a percentage point. The decision came a day after the Federal Reserve Bank of Atlanta lowered its much-watched estimate of third-quarter 2022 GDP (“GDP Now”) to just 0.3% on September 20, after …

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