Nearly Two-Thirds of Americans Can't Pass a Basic Test of Financial Literacy

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Nearly Two-Thirds of Americans Can't Pass a Basic Test of Financial Literacy

Quick: If you take out a $1000 loan that has a 20% rate, how much will you owe a year in interest? Answer: $200. But if you got that wrong, you're not alone.
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Dow, S&P hit record closing highs on greater risk tolerance

NEW YORK The benchmark U.S. S&P 500 stock index set record closing and intraday highs for the second straight day on Tuesday and the Dow Jones industrial average reached record highs for the first time in over a year as optimism about the world
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Dimon Wades Into Inequality Debate With a Raise for the Little Guy

It is, in some ways, a microcosm of the United States, a realm of lofty pay for some and stagnant wages for many. The place is JPMorgan Chase & Co.
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Asian shares near 2016 highs as risk appetite improves

TOKYO Asian shares came within reach of their 2016 highs on Wednesday as prospects of solid U.S. growth and accommodative economic policy in major markets whet investors' risk appetite damaged by uncertainty from Brexit.
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Illinois seeks to shut down state Obamacare insurer

Jason Montrie, president and iterim CEO of Land of Lincoln Health, says it's “frustrating that our consumers are being put in harm's way.
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