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 […]
Revamp your sleepwear with these pajama discounts, with savings of up to 53%
Summer Pajama Deals on Amazon This summer, there’s a great chance to upgrade your loungewear and sleepwear at Amazon. With cozy deals available for both men’s and women’s pajamas, it’s easier than ever to get comfortable for those warm nights. Women’s Pajamas on Sale Looking for some new sleepwear? You can find stylish and breathable […]
How Does Retirement Appear with $600,000 in Savings?
For many, retirement comes with limited savings. However, if you have around $600,000 saved in your Individual Retirement Account (IRA) or 401(k), you’re probably in a decent position as you head into your elder years. Data from 2022 shows that Americans between the ages of 65 and 74 had an average retirement savings of about […]
Woman loses her savings in AI scam involving deepfake ‘Dubai prince’
A woman from the Philippines believed she had found love with Dubai’s charming crown prince after weeks of friendly chats and intimate video calls. However, she soon discovered she was a victim of an elaborate AI-driven romance scam that used deepfake technology to impersonate Sheikh Hamdan bin Mohammed, the heir to the Dubai throne. Maria, […]
How Trump Accounts may impact the retirement savings gap for women
Bojan Story | E+ | Getty Images Trump’s account is set to officially launch on July 4, aiming to support young individuals in building long-term financial stability through investments. However, experts express uncertainty about whether this will actually address the retirement savings gap faced by women. Studies indicate that although women tend to save a […]