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Author: Susan Tompor, Detroit Free Press

Money

Tax refunds went up for these Americans

March 20, 2019March 20, 2019 Susan Tompor, Detroit Free Press Comments Off on Tax refunds went up for these Americans

The tax refund story is mixed. Some are seeing bigger refunds, while homeowners in high tax states report paying taxes, instead of getting refunds.

Money

Millennials are so buried in debt they can’t buy into American Dream of owning a home

March 14, 2019March 14, 2019 Susan Tompor, Detroit Free Press Comments Off on Millennials are so buried in debt they can’t buy into American Dream of owning a home

Millennial consumers are missing out on the American Dream as student loan, credit card debt crushes ability to buy cars or homes.

Money

As debt climbs in US, the next financial crisis you should worry about is your own

March 12, 2019 Susan Tompor, Detroit Free Press Comments Off on As debt climbs in US, the next financial crisis you should worry about is your own

What are the odds that you’re facing your own personal financial fallout? Consumer debt hit $4 trillion – the largest amount ever – at end of 2018.

Money

How to protect your tax refund from scammers, identify risks

February 28, 2019 Susan Tompor, Detroit Free Press Comments Off on How to protect your tax refund from scammers, identify risks

Tax scams continue to find new ways to rip off your tax refund. The IRS is helping fight back back with new ID options you can use to combat fraud.

Money

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

February 22, 2019 Susan Tompor, Detroit Free Press Comments 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

New federal income tax form may catch you by surprise. Here’s what you need to know.

January 29, 2019 Susan Tompor, Detroit Free Press Comments Off on New federal income tax form may catch you by surprise. Here’s what you need to know.

Anxiety will run high this tax season. But doing your taxes still requires steps like finding the 2017 return and understanding key changes.

Money

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

December 27, 2018 Susan Tompor, Detroit Free Press Comments 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, 2018 Susan Tompor, Detroit Free Press Comments 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, 2018 Susan Tompor, Detroit Free Press Comments 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, 2018 Susan Tompor, Detroit Free Press Comments 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.

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Headlines

Justice Clarence Thomas discloses three trips paid for GOP donor, attorney blasts critics

August 31, 2023 John Fritze, USA TODAY

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

August 31, 2023 Paul Davidson, USA TODAY

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

August 31, 2023 Jennifer Jolly

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

August 31, 2023 John Bacon, Douglas Soule and Christopher Cann, USA TODAY

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

August 31, 2023 Kim Hjelmgaard, USA TODAY

These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023 Bob Nightengale, USA TODAY

Idalia makes history along Florida’s Big Bend, McConnell freezes again: 5 Things podcast

August 31, 2023 Taylor Wilson, USA TODAY

5 people shot in Illinois, 2 in critical condition

August 31, 2023 AP

USA TODAY Sports staff makes college football picks: Check out the predictions for 2023

August 31, 2023August 31, 2023 USA TODAY

Why Deion Sanders’ Colorado Buffaloes team could surprise the nation (or not)

August 31, 2023 Brent Schrotenboer, USA TODAY
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