Credit card delinquencies have been on the rise, with recent data showing that delinquent credit card accounts climbed to nearly 9% in the first quarter of 2024. And, many cardholders are also facing issues with maxed-out credit cards — another sign that borrowers are grappling with financial difficulties in today’s economic climate. That makes sense considering the current challenges, which …
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There arent enough mental health counselors to respond to 911 calls. One county sheriff has a virtual solution.
Officer Dave Stiak didn’t know what to expect when he got the call that someone was hanging over the railing of a bridge in Lemont, Illinois, a Chicago suburb. Stiak, a police officer for the Cook County Sheriff’s Office, was on patrol with his partner in February when the calls started to come in. “He was standing outside of the …
Read More »2 smart ways to borrow money this summer (and 2 to avoid)
Do you anticipate a need to borrow money this summer? Maybe you need funding to cope with new summertime expenses or maybe you’re looking for financing for another reason. With inflation stubborn and interest rates high, you may be in need of some extra funding right now. No matter why you need to borrow money, however, you have several options …
Read More »Pope Francis apologizes after being quoted using homophobic slur
Pope Francis’ office issued a statement on Tuesday responding to reports that the pontiff had used a homophobic term for LGBTQ+ people in a closed-door meeting with bishops. “In the Church there is room for everyone, for everyone! Nobody is useless, nobody is superfluous, there is room for everyone. Just as we are, all of us,” Pope Francis said in …
Read More »Haitis transitional council names Garry Conille as new prime minister as country remains under siege by gangs
Garry Conille was named Haiti’s new prime minister Tuesday evening, nearly a month after a coalition within a fractured transitional council had chosen someone else for the position. The long-awaited move comes as gangs continue to terrorize the capital of Port-au-Prince, opening fire in once-peaceful neighborhoods and using heavy machinery to demolish several police stations and prisons. Council member Louis …
Read More »Is a $10,000 home equity loan worth it?
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 …
Read More »Albert Ruddy, Oscar-winning producer of The Godfather, dies at 94
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 …
Read More »Is a short-term CD or long-term CD better to open this June?
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. …
Read More »Is it too late to invest in 1-ounce gold bars? 5 reasons to buy in now
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 …
Read More »Richard Dreyfuss remarks about women and diversity prompt Massachusetts venue to apologize
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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