Car manufacturers have recently cut costs by billions — but will consumers benefit from these savings?
Listen up, car shoppers: There’s a glimmer of good news coming from Washington. The federal government has decided to finalize a significant revision to fuel-economy standards. This adjustment could lead to lower production costs for automakers. The new benchmark aims for an average of around 34.9 mpg by 2031, which is a notable decrease from […]
Considering retirement with a mortgage? Here’s when it might be wise to use retirement savings to pay it off.
Retiring while still having a home loan can be quite challenging. It puts pressure on borrowers to make a tough choice: Should they tap into their retirement savings to pay off the debt, or keep up with the monthly payments and safeguard their savings? There’s really no one-size-fits-all answer here. Continuously paying down a home […]
Houston Schools Experience Drop of 21,000 Hispanic Students, Resulting in $190M Savings in Tax Revenue
Houston Schools Experience Significant Student Drop The Houston public school system has seen a decline of 21,000 Hispanic students, a development linked to President Donald Trump’s crackdown on illegal immigration. This decrease hasn’t just affected the student body; the district has also lost approximately $190 million in state funding as a result of the lower […]
Siri bank scam employs a phony American Express number to take money from savings.
Google Search Leads to Costly Scam Call An incident involving a reader named Rosette highlights the risks that can arise from Google searches. She ended up revealing her credit card number and birthdate to a scammer. For many, a simple request like asking Siri to call a credit card company feels routine—just say the company […]
New tariffs from Trump on Canada may increase toilet paper prices and affect savings – here’s the impact.
Toiletries might get more expensive as President Trump has imposed a 50% tariff on certain Canadian goods. This decision, which went into effect last weekend following failed trade negotiations, could raise fiber costs for toilet-paper manufacturers by around 11%. Consumers will likely feel the effects in the coming months, according to an expert who spoke […]
Ways to extend the lifespan of your retirement savings
Retirement Savings May Dwindle in Just 14 Months Many people talk about the importance of saving for retirement, but then there’s the big question: what really happens once you retire? Retirees often wonder, “How much money can I safely withdraw each year without depleting my savings?” Martins Barnard, a marketing actuary at Momentum Investments, sheds […]
Avoid Losing Out on Tax Savings: Tips for a Midyear IRA Review
Investment Insights on IRAs Welcome to investment insights. I’m your host, Evanna Hampton. Instead of waiting for the next year to roll around, why not think about getting your IRA in order this summer? A mid-year check can really help you improve your retirement savings and take advantage of tax benefits earlier. Morningstar’s fund investors […]
Legislature Approves Measure to Establish Year-Round Daylight Savings Time
House Passes Bill for Permanent Daylight Saving Time The U.S. House of Representatives approved a bill on Tuesday aimed at making daylight saving time a permanent fixture, which would mean no more clock changes twice a year. This legislation, known as the Sunshine Protection Act of 2025, received a favorable vote of 308-117, although it […]
News anchor almost loses life savings in Los Angeles scam
Matt Gutman, a seasoned correspondent with CBS News, nearly fell for a cunning phone scam. He recounted the experience in a video on his X account, explaining how he received a call from someone claiming to be from the bank’s fraud prevention department. The caller not only provided a name but also a badge ID […]
Thirty state treasurers ask Trump to distribute $39 billion in unclaimed war and savings bonds to the public.
Thirty state treasurers are urging President Trump to instruct the Treasury Department to distribute $39 billion in unclaimed war and savings bonds to Americans in light of the nation’s 250th anniversary, as reported by the Post. In a letter sent to Trump, the treasurers expressed that the original owners of these bonds, many of whom […]