Financial related news.
HAMILTON, Ontario (AP) — Former security guard Tim Button considers how a sudden increase in his income from an unusual social experiment has changed his life in this Canadian industrial city along the shore of Lake Ontario. Sipping coffee in a Tim Horton’s doughnut shop, Button says he has been unable to work because of [...]
People who use rent-to-own stores often end up paying twice the retail price — or more — for anything they buy. So why do millions of people rent to own? Researchers say people who patronize rent-to-own outlets aren’t being stupid, necessarily. Instead, they’re falling prey to the kinds of irrational thinking that plague most humans [...]
WASHINGTON — When House Republicans proposed their tax-cut plan last week, critics noted that it came with a towering price: It would swell the nation’s debt by $1.5 trillion at a time when the economy is already faring well on its own and a vast generation of retiring baby boomers threatens to strain the Social [...]
WASHINGTON — House Republicans have stressed that the tax plan they unveiled last week is tailored to benefit America’s middle class. Just how much it would remains uncertain based on the details that have been provided so far. What is clear is that many of the benefits for the middle class could dwindle over time, [...]
WASHINGTON — When the robots came to online retailer Boxed, dread came too: The familiar fear that the machines would take over, leaving a trail of unemployed humans in their wake. “I had a lot of people asking me, ‘What is going to happen to us?’” says Veronica Mena, a trainer for the e-commerce startup. [...]
WASHINGTON (AP) — A non-partisan federal watchdog says climate change is already costing U.S. taxpayers billions of dollars each year, with those costs expected to rise as devastating storms, floods, wildfires and droughts become more frequent in the coming decades. A Government Accountability Office report released Monday said the federal government has spent more than [...]
A new way of looking at your financial future is underway thanks to a local digital financial wellness service that just launched. Vest, a Columbus startup, is designed to help people manage their day-to-day finances, help users find ways to save money and make sure all areas of their financial lives are covered, according to [...]
One local business prides itself on being knowledgable in commercial and multi-family real estate investments, offering assistance with property management for investors. Donald R. Kenney and Company declared the real estate market as primed for growth and it “continues to outperform alternative investment vehicles, making now the perfect time to diversify your investments,” according to [...]
WASHINGTON (AP) — Construction of new homes fell 4.7 percent in September, the biggest decline in six months, reflecting weakness in both single-family activity and apartment building. The September result left construction at a seasonally adjusted annual rate of 1.13 million units, the Commerce Department reported Wednesday. It was the sharpest decline since a 7.7 [...]
WASHINGTON — The North American Free Trade Agreement is in its 23rd year. But there are growing doubts that it will survive through its 24th. President Donald Trump has threatened to withdraw from the agreement if he can’t get what he wants in a renegotiation. But what he wants — from requiring that more auto [...]