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Author: Susan Tompor, Detroit Free Press

News

What do interest rate hikes mean for student loans?

May 7, 2023Susan Tompor, Detroit Free PressComments Off on What do interest rate hikes mean for student loans?

College debt is growing more costly in 2023 — and payments on federal student loans that had been on pause during the pandemic will likely resume.

Money

What happens if you don’t file taxes? Answers to your questions as tax deadline approaches

April 17, 2023Susan Tompor, Detroit Free PressComments Off on What happens if you don’t file taxes? Answers to your questions as tax deadline approaches

Many people would just like to ignore their taxes. But here’s why you shouldn’t and what you can do now.

Money

Can I purchase I Bonds from my tax refund? What to know about rates, deadline, restrictions

February 22, 2023Susan Tompor, Detroit Free PressComments Off on Can I purchase I Bonds from my tax refund? What to know about rates, deadline, restrictions

The outlook for inflation is touch and go but experts say it’s a good time to buy I Bonds before the end of April. How to use your tax refund, too.

Money

IRS tells 21 states how to handle last year’s special payments

February 11, 2023February 12, 2023Susan Tompor, Detroit Free PressComments Off on IRS tells 21 states how to handle last year’s special payments

Taxpayers in 21 states faced confusion on how to handle money they received in special state refunds or payments in 2022. The IRS finally has answers.

Money

Why is my tax refund so low? Tax refunds in 2023 could be smaller, take longer. Here’s why

February 3, 2023Susan Tompor, Detroit Free PressComments Off on Why is my tax refund so low? Tax refunds in 2023 could be smaller, take longer. Here’s why

Why you want to step back a bit before making big plans to spend a tax refund. It could be smaller than you expect; and it could take longer to get.

Money

I Bonds identity, account issues become headache for last-minute buyers

October 25, 2022Susan Tompor, Detroit Free PressComments Off on I Bonds identity, account issues become headache for last-minute buyers

Many savers will buy I Bonds in late October in a last-minute crush to lock up extraordinary rates. But some savers will face unexpected glitches.

Money

Is a recession inevitable in 2023? Here’s what experts are saying.

October 23, 2022October 24, 2022Susan Tompor, Detroit Free PressComments Off on Is a recession inevitable in 2023? Here’s what experts are saying.

Some in the U.S. believe a recession already is in the cards in 2023, but there are economists out there who maintain that reasons for optimism remain.

Money

Back-to-school scam: Beware of fake text messages about credit card, Amazon purchases

August 23, 2022Susan Tompor, Detroit Free PressComments Off on Back-to-school scam: Beware of fake text messages about credit card, Amazon purchases

College students, other consumers warned about how scammers are impersonating banks, credit unions and Amazon with fake texts to catch you off guard.

Money

Social Security benefits hike could bring retirees extra $1,800 in 2023

August 17, 2022August 17, 2022Susan Tompor, Detroit Free PressComments Off on Social Security benefits hike could bring retirees extra $1,800 in 2023

Retirees on fixed incomes welcome relief from lower gas prices and higher Social Security benefits, as well as prescription drug changes ahead.

Money

Tax refunds may be delayed by 6 months or more for some paper filers: Here’s why

June 23, 2022Susan Tompor, Detroit Free PressComments Off on Tax refunds may be delayed by 6 months or more for some paper filers: Here’s why

It’s a first in, first out process for paper returns. The IRS can’t move on to returns filed in 2022 until they finish processing ones from last year.

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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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