Financial related news.
NEW YORK — The fraudulent account scandal at Wells Fargo has been making national headlines for months, with no end in sight. If you haven’t kept up with the story since the beginning, it’s worth backing up to get a fuller context for what has happened, and what is still to come. HOW DID THIS [...]
Is saving and investing a foreign concept for you? If so, you are far from alone in Ohio. A new survey shows that more than half (59 percent) of Ohio adults don’t have a financial plan for retirement. That’s prompted six Ohio and national organizations — including Westerville-based Association for Financial Counseling & Planning Education [...]
NEW YORK — If you’re driving for Uber or renting out a room through Airbnb to make some extra cash, don’t forget — you likely need to pay taxes on what you earned, even if it’s a part-time gig. Unlike full-time jobs, where taxes are automatically withheld from every paycheck, it’s usually up to freelance [...]
DUBLIN — Britain’s plans to leave the European Union threaten to cause Ireland all kinds of economic and security headaches. But a silver lining is expanding daily along the crane-filled banks of the River Liffey, a likely post-Brexit refuge for British banking operations. Dublin’s financial district barely existed three decades ago but today stretches for [...]
Sarah Gillis switched from a national bank to a local one in New Jersey as a matter of principle. “I feel like my voice matters more in a smaller bank,” says Gillis, who closed her account at a national bank because she disagreed, she says, with some of its corporate investments. She opened an account [...]
WASHINGTON — The IRS strikes back: The tax agency reports that the number of identity theft victims plummeted last year after agents struggled for years to combat what has become a multibillion-dollar industry. The number of victims dropped by 46 percent, to 376,000, the IRS said. These taxpayers had their identities stolen by criminals who [...]
WASHINGTON — When Republicans say they want to lower taxes and get rid of loopholes to make up the lost revenue, they’re talking about eliminating some very popular tax breaks enjoyed by millions of people. That’s why making big changes to tax laws is so hard — and why it hasn’t been done for 30 [...]
NEW YORK — How much more can the “Trump Bump” lift the stock market? U.S. stocks have screamed to records since Election Day because investors are expecting Donald Trump’s White House to cut taxes for business, make regulations easier for them and goose more growth out of the economy. But investors around the world are [...]
Credit card users who feel helpless when dealing with merchants that provide shoddy goods and services should know they have a powerful tool available to them: chargebacks. A chargeback occurs when a credit card holder disputes a charge and the transaction is reversed. People tend to think of chargebacks as remedies for billing errors or [...]
Car payments have morphed from a temporary nuisance into a permanent part of many people’s budgets. Whether that’s a bad thing depends on what you do with the rest of your money. One-third of millennial car buyers chose a lease last year, which helped push auto lease volume to a record of 4.3 million and [...]