The average homeowner has hundreds of thousands of dollars worth of equityright now. And, that’s good news considering the fact that home equity loans often havemore competitive interest rates than other options. So, if you need to borrow money, and want a competitive interest rate, a home equity loan may be the way to go. But, there’s a trade. While …
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Albert S. Ruddy, a colorful, Canadian-born producer and writer who won Oscars for “The Godfather” and “Million Dollar Baby,” developed the raucous prison-sports comedy “The Longest Yard” and helped create the hit sitcom “Hogan’s Heroes,” has died at age 94. Ruddy died “peacefully” Saturday at the UCLA Medical Center, according to a spokesperson, who added that among his final words …
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With Memorial Day in the past and summer unofficially underway, many Americans may find themselves looking for new and secure ways to grow and protect their money. While inflation has significantly cooled from its decades-high in June 2022, it remains sticky going into June 2024 at 3.4%— more than a full percentage point over the Federal Reserve’s target 2% goal. …
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Gold has experienced a rapid price ascension over the last few months, helping to drive renewed interest in the investment asset. For starters, the price of gold hit a new record high of over $2,400 per ounce on May 20, up by about 14% from late March when the price of gold was nearing $2,100 per ounce. And, the price …
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Actor Richard Dreyfuss is facing backlash for allegedly sharing remarks that audience members found sexist, homophobic and generally offensive at a Q&A event over the weekend tied to a Massachusetts theater’s screening of “Jaws.” Dreyfuss starred in the 1975 blockbuster that was filmed in Massachusetts and screened Saturday night at The Cabot, a performing arts center in the coastal community …
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In a milestone decision decades in the making, Major League Baseball announced Tuesday that it is now incorporating statistics of Negro Leagues that operated in the 1920s, 1930s and 1940s into its record books. “This initiative is focused on ensuring that future generations of fans have access to the statistics and milestones of all those who made the Negro Leagues …
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The nationwide shortage of school bus drivers has left many students without reliable transportation. In 2023, the number of bus drivers nationwide in K-12 schools dropped to about 192,400, down 15.1% since 2019, according to research by the Economic Policy Institute. Despite offering training and higher salaries, districts like Colorado Springs School District 11 couldn’t find enough candidates. At the …
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Strong storms with damaging winds and baseball-sized hail pummeled Texas on Tuesday, leaving more than one million businesses and homes without power as much of the U.S. recovered from severe weather, including tornadoesthat killed at least 24 people in seven states during the Memorial Day holiday weekend. By 5 a.m. EDT Wednesday, the number of customers in the dark was …
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The first rule of the “no-buy” trend? Talk about the no-buy trend. What started several years ago as a blogged-about experiment in budgeting and mindful spending has become a popular trend on social media. For the challenge, participants pledge to stop buying non-essential items, whether unneeded shoes, additional beauty products or other impulse buys for a set amount of time, …
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The 401(k) is now the most popular type of retirement plan, with many employers providing a company match when workers sock away money in their accounts. But these matches — often shorthanded as “free money” from your company— may exacerbate inequality in retirement, new research finds. About 44% of employer matches are directed toward the top 20% of earners, according …
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