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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon.

FLORENCE, S.C. – Florence County has maintained its credit rating amid the COVID-19 pandemic. Jim Goff, Florence County finance director, recently told the Florence County Council that it had maintained its credit ratings ahead of the county's annual audit presentation from Ryan Miller of Elliott Davis.

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Getting a debt consolidation loan or using a balance transfer credit card can make sense if it lowers your annual percentage rate. But refinancing debt has pros and cons — even at a lower rate.

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Once you've opened an account, you'll want to explore your investment options and the risk they carry. Here are some of the most common investments you'll need to consider:

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of NerdWallet’s Best-Of Awards, which list the best financial products…

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Here’s a guess: There aren’t many of us who’d care to redo 2020. COVID-19, the novel coronavirus, changed everything, killing more than 365,000 Americans (as of this writing in early January) and taking the economy on an even wilder ride than the Great Recession, just a decade ago.

COLUMBIA, S.C. — The interest rates on judgments and money decrees continues to decline in the Palmetto State. In an order issued Monday afternoon, the South Carolina Supreme Court set the rate at 7.25%. The rate of 7.25% is a decrease from the rate in 2020, which was 8.75%, and in 2019, which was 9.5%. 

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Q: We borrowed $355,900 in 2007 for a 30-year fixed mortgage at 6.25% and still owe $230,000. My wife is retired, and I plan on retiring in May 2023. Normally, we wouldn't even bother with refinancing this close to selling the house; but the rates now are so low that we’re thinking refinancing might make sense. Any thoughts on whether it would be OK to refinance, or just leave it alone this close to retirement and selling the house?

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