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Author: Susan Tompor, Detroit Free Press

Money

The second U.S. stimulus payments could arrive soon. Here’s what to consider before you spend it.

January 1, 2021Susan Tompor, Detroit Free PressComments Off on The second U.S. stimulus payments could arrive soon. Here’s what to consider before you spend it.

Some consumers may be shocked to receive Visa debit cards with stimulus cash in January. Don’t throw the cards out, plus more Stimulus 2.0 tips.

Money

Rising cases of COVID-19 stock scams threaten investors

December 31, 2020Susan Tompor, Detroit Free PressComments Off on Rising cases of COVID-19 stock scams threaten investors

The investigation of COVID-related fraud has been a priority for the SEC since the start of the pandemic. Scammers are likely to play up vaccines.

Money

Economist Lisa Cook: Pandemic’s pain deepens wealth gap

December 21, 2020Susan Tompor, Detroit Free PressComments Off on Economist Lisa Cook: Pandemic’s pain deepens wealth gap

Lisa Cook, economics professor at MSU who also is serving on President-elect Joe Biden’s transition team, says impacts will be long lasting.

Money

Scams likely to heat up after COVID-19 vaccine rollout

December 13, 2020December 14, 2020Susan Tompor, Detroit Free PressComments Off on Scams likely to heat up after COVID-19 vaccine rollout

Consumer watchdogs issue early warnings to try to stop scammers from selling fake vaccines and other promises to consumers.

Money

Withdrawing from your 401(k) is a last resort — but CARES Act makes it less risky

December 10, 2020December 10, 2020Susan Tompor, Detroit Free PressComments Off on Withdrawing from your 401(k) is a last resort — but CARES Act makes it less risky

As the pandemic continued in 2020, some people tapped into their 401(k)s more than once this year to deal with emergencies. Why Dec. 30 is a key date.

Money

Robbing $800

December 6, 2020December 11, 2020Susan Tompor, Detroit Free PressComments Off on Robbing $800

Amazon Prime scam

Money

Beware of those gifts you see on social media ads. They may never arrive.

November 28, 2020November 30, 2020Susan Tompor, Detroit Free PressComments Off on Beware of those gifts you see on social media ads. They may never arrive.

More consumers are complaining about losing money after responding to an ad on Facebook, Instagram, Snapchat, TikTok and Twitter, regulators say.

Money

‘Guilt gifting’ is a thing in 2020 as we try to make up for a rough year

November 25, 2020Susan Tompor, Detroit Free PressComments Off on ‘Guilt gifting’ is a thing in 2020 as we try to make up for a rough year

‘Guilt gifting’ is parked next to curbside pickup when it comes to hot holiday trends. About 40% of consumers plan to buy more gifts, NPD Group says.

Money

COVID-19 vaccine could return US economy to near normal by end of 2021

November 19, 2020November 20, 2020Susan Tompor, Detroit Free PressComments Off on COVID-19 vaccine could return US economy to near normal by end of 2021

The U.S. Economic Outlook, released Thursday by University of Michigan economists, calls for real gross domestic product to rise by 4.2% in 2021.

Money

Be sure to check those PlayStation 5 prices and pet adoption details, they top the holiday scam list

November 19, 2020November 23, 2020Susan Tompor, Detroit Free PressComments Off on Be sure to check those PlayStation 5 prices and pet adoption details, they top the holiday scam list

Holiday shoppers warned to watch out for customer service scams, PlayStation bargains, and impostor web sites as they buy gifts online.

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Headlines

‘Big Hero 6’s San Fransokyo comes to life at Disneyland

August 31, 2023Eve Chen, USA TODAY

Velocity at what cost? MLB’s hardest throwers keep succumbing to Tommy John surgery

August 31, 2023Gabe Lacques, USA TODAY

Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

August 31, 2023Jennifer Jolly

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023Kim Hjelmgaard, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023Paul Davidson, USA TODAY

USF is building a $340M on-campus football stadium amid concerns academics are being left behind

August 31, 2023AP

At 61, Meg Ryan is the lead in a new rom-com. That shouldn’t be such a rare thing.

August 31, 2023Patrick Ryan, USA TODAY

Iran bans weightlifter for shaking hands, taking photo with Israeli competitor

August 31, 2023Steve Gardner, USA TODAY

Blue supermoon: See photos of the rare moon that won’t happen again until 2037

August 31, 2023Francisco Guzman, USA TODAY

College professor harassed students to quench ‘clown fetish,’ offering extra credit, cash

August 31, 2023Chris Quintana and Colin Campo, USA TODAY
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