The Beatles told us: “All you need is love.” They were right, but along with love must come marriage. But marriage rates have plummeted, especially among young men. A Pulitzer Prize-worthy story by Sean Salai of The Washington Times crunches all the numbers. To say they are worrisome would be a vast understatement. – In […]
By Hannah Lang Sept 15 (Reuters) – The U.S. Senate is set to vote on Tuesday on whether to advance the first comprehensive cryptocurrency legislation, potentially determining the fate of the bill as Republican Senate leaders grapple with a limited calendar in a busy election year. The bill, dubbed the Clarity Act, would create a […]
By Doina Chiacu and Michelle Price WASHINGTON, Sept 14 (Reuters) – U.S. Senate Republicans on Monday released a revised draft of major cryptocurrency legislation which they said addressed Democrats’ concerns over ethics provisions, as well as banking industry concerns that the bill could hurt lending, ahead of a key vote on Tuesday. The Clarity Act, […]
By Johann M Cherian and Gregor Stuart Hunter Sept 14 (Reuters) – AI-linked stocks plunged worldwide on Monday after leaders of the biggest artificial intelligence companies warned of risks from rapid development, the starkest threat yet to the billions of dollars being poured into the industry that have driven world markets to record highs. The […]
LANSING – Michigan’s taxpayers and tax preparers should be extra vigilant for federal stimulus scams, according to the Michigan Department of Treasury. With many taxpayers receiving federal stimulus checks directly deposited into their banking accounts, scammers are boosting their phishing attempts and phone scams to obtain personally identifiable information. In the latest round of reports, […]
LANSING, Mich. – With National Financial Literacy Month coming to a close, the Michigan Department of Treasury’s MI Student Aid Team is providing five tips so student loan borrowers can become their own financial advocate. “Michigan students and families cover a considerable amount of their higher education costs,” said Anne Wohlfert, director of Treasury’s Student […]
The popular “…And Justice for All” series at Muskegon Community College resumes on Tuesday, Sept. 19, with a discussion of “Economic Injustice: The Empowerment Experiment” by Margarita “Maggie” Anderson, the CEO and founder of the Illinois-based Empowerment Experiment Foundation and author of Our Black Year. Community members are encouraged to attend the free event, which runs […]
LANSING – As the Michigan Education Savings Program (MESP) continues to grade high on rankings of the best college savings programs in the country, the Michigan Department of Treasury is also hoping to see MESP’s name pop up elsewhere: on holiday gift lifts. MESP – which was recently named one of the best 529 college […]
First-time homebuyers: You’re closer to a down payment than you think (BPT) – For many first-time buyers, saving for a down payment is the most difficult step in the home-buying process. However, it’s a common misconception that you need 20 percent down to buy a home. Actually, lenders across the country offer mortgage products with […]