Your Citi Savings Account rate will depend on your Citibank package and account balance

The Citi® Savings Account from Citibank (Member FDIC) is available in areas with physical branches, including CA, CT, FL, IL, MD, NV, NJ, NY, SD, VA, Washington DC, and Puerto Rico. CItibank has six account packages that come with various requirements, fees, and interest rates. Your Citi Savings Account rate will depend on which package you choose and how much money you keep in your account. If you live in certain parts of the US, you might not be eligible to open a Citi Savings Account; instead, you can open a high-yield Citi Accelerate Savings Account. The Citi Savings Account pays higher rates than many competing brick-and-mortar banks, but you… Read More

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Your Citi Savings Account rate will depend on your Citibank package and account balance

The Citi® Savings Account from Citibank (Member FDIC) is available in areas with physical branches, including CA, CT, FL, IL, MD, NV, NJ, NY, SD, VA, Washington DC, and Puerto Rico. CItibank has six account packages that come with various requirements, fees, and interest rates. Your Citi Savings Account rate will depend on which package you choose and how much money you keep in your account. If you live in certain parts of the US, you might not be eligible to open a Citi Savings Account; instead, you can open a high-yield Citi Accelerate Savings Account. The Citi Savings Account pays higher rates than many competing brick-and-mortar banks, but you… Read More

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US stocks rise as stimulus optimism outweighs China tensions

US stocks climbed on Wednesday as traders weighed inflamed tensions with China, a potential extension to bolstered unemployment benefits, and coronavirus vaccine news. Concerns about a fresh US-China conflict intensified after the US ordered the closure of China’s Consulate in Houston. China vowed to implement “firm countermeasures.” Reports of the GOP considering a stop-gap extension for expanded unemployment benefits eased some fears of the program expiring at the end of the month. Earnings disappointments from United Airlines and Snap weighed on the market. Oil fell from four-month highs, with West Texas Intermediate crude futures dropping as much as 2%, to $41.14 per barrel. Watch major indexes update live here. US… Read More

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US stocks rise as stimulus optimism outweighs China tensions

US stocks climbed on Wednesday as traders weighed inflamed tensions with China, a potential extension to bolstered unemployment benefits, and coronavirus vaccine news. Concerns about a fresh US-China conflict intensified after the US ordered the closure of China’s Consulate in Houston. China vowed to implement “firm countermeasures.” Reports of the GOP considering a stop-gap extension for expanded unemployment benefits eased some fears of the program expiring at the end of the month. Earnings disappointments from United Airlines and Snap weighed on the market. Oil fell from four-month highs, with West Texas Intermediate crude futures dropping as much as 2%, to $41.14 per barrel. Watch major indexes update live here. US… Read More

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US stocks rise as stimulus optimism outweighs China tensions

US stocks climbed on Wednesday as traders weighed inflamed tensions with China, a potential extension to bolstered unemployment benefits, and coronavirus vaccine news. Concerns about a fresh US-China conflict intensified after the US ordered the closure of China’s Consulate in Houston. China vowed to implement “firm countermeasures.” Reports of the GOP considering a stop-gap extension for expanded unemployment benefits eased some fears of the program expiring at the end of the month. Earnings disappointments from United Airlines and Snap weighed on the market. Oil fell from four-month highs, with West Texas Intermediate crude futures dropping as much as 2%, to $41.14 per barrel. Watch major indexes update live here. US… Read More

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Kim Kardashian, Kanye West, & Loving Someone With Bipolar Disorder

Kanye West has been in the news recently, largely due to his seemingly erratic behavior. He announced he was running for president, then dropped out. He published tweets about wanting to divorce Kim Kardashian West, then deleted them. Earlier today, Kardashian posted a compassionate statement about West to her Instagram stories. “As many of you know, Kanye has bi-polar disorder,” Kardashian wrote in white text on a brown background (embedded below from a KKW fan account). “Anyone who has this or has a loved one in their life who does, knows how incredibly complicated and painful it is to understand.” She added that while she’s remained silent thus far —… Read More

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LIVE: Microsoft reports quarterly and full fiscal year earnings (MSFT)

Microsoft reports fourth-quarter and full fiscal year earnings after market close on Wednesday. The report comes not long after Microsoft announced fewer than a thousand job cuts across its business, alongside layoffs of about 960 at the Microsoft-owned LinkedIn. Microsoft has emerged as a strong player amid the pandemic, as the remote work boom drives usage of its Microsoft Teams chat app and Microsoft Azure cloud platform. Visit Business Insider’s homepage for more stories. Microsoft is set to report earnings for its fiscal fourth quarter and the full 2020 fiscal year earnings after market close on Wednesday. Here’s what Wall Street is expecting from Microsoft for Q4 2020, according to… Read More

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Trump move to bar those in U.S. illegally from reapportionment draws criticism in Utah

Michelle R. Smith, Associated Press Census count is ‘the very bedrock of political representation,’ state’s top demographer says SALT LAKE CITY — A Trump administration effort to not count undocumented U.S. residents “will disadvantage communities like West Valley City and Salt Lake City“ by reducing their representation and access to federal funding, a Utah demographer says. President Donald Trump signed a memorandum Tuesday that seeks to bar people in the U.S. illegally from being counted in congressional reapportionment, a move that drew swift criticism nationally and in Utah, along with promises of court challenges. Trump said that including people who are in the country illegally in the apportionment process “would… Read More

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Florida Rep. Matt Gaetz may have broken House rules by sending nearly $30,000 in taxpayer funds to an LLC linked to a former Trump aide

Florida Rep. Matt Gaetz sent nearly $30,000 in taxpayer funds to a limited liability company, and may have violated House rules by doing so, Politico reported. Gaetz disclosed that he made 14 separate payments of $2,000 each to the company, which is linked to a former White House aide who was fired in 2018 and later hired by Gaetz’s office as a speechwriting adviser. According to Politico, the aide is not listed on Gaetz’s congressional payroll and was instead paid through the LLC. House rules say that lawmakers are prohibited from spending taxpayer dollars on political consultants, speechwriters, and communications advisers, except in special circumstances and with prior approval from… Read More

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Credit-card spending suggests economic recovery stalled out in July, JPMorgan says

A sharp increase in consumer spending activity froze in mid-July as new coronavirus outbreaks drive fears of a longer-than-expected recession. Credit-card data from the week ended July 18 show spending activity pausing its uptrend and stalling down 10% from the year-ago period, JPMorgan said in a Wednesday note. The weakened growth suggests the strong recovery taking place at the start of the summer “has lost momentum but not reversed,” Jesse Edgerton, senior economist at JPMorgan, said. On a more positive note, the link between decreased spending and growth in virus cases has “weakened recently,” the bank added. Visit Business Insider’s homepage for more stories. The once-healthy upswing in consumer spending… Read More

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