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Author: Susan Tompor, Detroit Free Press

Money

Online romance scams cost victims thousands. Read the story of one man who lost $31,000.

February 22, 2019Susan Tompor, Detroit Free PressComments Off on Online romance scams cost victims thousands. Read the story of one man who lost $31,000.

Victimsof romance scams aren’t just losing their life savings. Some are taking on new debt in the name of love, such as opening up credit cards.

Money

Tax refund advance loans are often too good to be true. Here’s what you should know

February 10, 2019Susan Tompor, Detroit Free PressComments Off on Tax refund advance loans are often too good to be true. Here’s what you should know

Demand for tax refund advances could go up, thanks to the government shutdown. But read the fine print carefully and watch out for high tax prep fees.

Money

How banks are helping you budget and track your money to avoid overspending

December 27, 2018Susan Tompor, Detroit Free PressComments Off on How banks are helping you budget and track your money to avoid overspending

Mom can’t always be there to tell you when to stop spending. But Huntington Bank and others are promoting new tracking tools to keep resolutions.

Money

Why Ohio bitcoin tax gimmick is like paying with Beanie Babies

December 24, 2018Susan Tompor, Detroit Free PressComments Off on Why Ohio bitcoin tax gimmick is like paying with Beanie Babies

Will more states follow Ohio in accepting bitcoin for tax payments? Doubtful, given that no one knows what bitcoin will be worth tomorrow.

Money

From a chances of a recession to interest rates: 5 things to know about your money in 2019

December 18, 2018Susan Tompor, Detroit Free PressComments Off on From a chances of a recession to interest rates: 5 things to know about your money in 2019

The odds of a recession are heating up, but experts say a downturn is more likely to hit in 2020 than 2019. Even so, higher interest rates won’t help.

Money

A million pension checks risk huge cuts without this fix

December 15, 2018December 17, 2018Susan Tompor, Detroit Free PressComments Off on A million pension checks risk huge cuts without this fix

About 120 pension plans, covering about 1.3 million people, are underfunded by $48.9 billion and could fail if a solution isn’t found.

Money

Social Security calling? Nope, it’s just scammers out to grab your cash

December 5, 2018Susan Tompor, Detroit Free PressComments Off on Social Security calling? Nope, it’s just scammers out to grab your cash

Calls from Social Security imposters using fear tactics have been higher than IRS scams lately, according to the AARP Fraud Watch Network.

Money

Saving for college: A workplace perk that can help your kids avoid debt

December 1, 2018Susan Tompor, Detroit Free PressComments Off on Saving for college: A workplace perk that can help your kids avoid debt

More employers are promoting 529 college savings plans. Some allow workers to deduct contributions from their paychecks.

Money

Year-end charitable giving doesn’t guarantee a tax break. Here’s what you need to know.

November 26, 2018Susan Tompor, Detroit Free PressComments Off on Year-end charitable giving doesn’t guarantee a tax break. Here’s what you need to know.

Giving Tuesday kicks off the charitable season. But new tax rules make it more complicated to figure out if you’d be able to claim a tax deduction.

Money

Gift ideas to help with college savings, student loan debt

November 25, 2018Susan Tompor, Detroit Free PressComments Off on Gift ideas to help with college savings, student loan debt

Many grandparents, as well as aunts and uncles, may be looking for money-wise gifts, such as helping topay down student loans.

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

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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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