Headline News Archive

2019

October

18

• Zombie debts are hounding struggling Americans. Tens of thousands of people have received demands to repay alleged overpayments of government benefits – often decades old – plunging them into a Kafkaesque

• Congress: Pay off student loans this way. The College Affordability Act, new legislation which was introduced by House Democrats and would update the Higher Education Act of 1965, offers a simple promise: combat

17

• New bill threatens jail time for companies that misuse consumer data. The Mind Your Own Business Act, threatens to put top executives behind bars for up to 20 years if their companies are caught lying to authorities

• United has a new tool to help you make tight connections. United Airline says its tool ConnectionSaver has saved 50,000 missed flights. The ConnectionSaver tool uses new technology that automatically flags flights that can be held for

• How to make sure a used car is safe. Buying a used car is always a bit risky.  You don’t know how that vehicle was driven or maintained. It could be

• Chipotle offers free tutition to retain workers. Chipotle pledged to cover upfront the tuition costs for 75 types of business and technology degrees — including programs at the University of Arizona, Southern New

16

• Turf war blocked CFPB from fixing student loan forgiveness program. Starting early last year, the nation's most powerful consumer protection agency sent examiners into companies that run student loan call centers to try to

15

• Medicare open enrollment starts Oct. 15. Do a checkup on your coverage. For many people, the Medicare open-enrollment process can be confusing with its alphabet plans.

• Medicaid work requirements cost millions, achieve nothing. This may have been overlooked in the torrent of recent news about the Trump administration’s assault on government norms, but its initiative to

• Is using credit card rewards to pay off your student loans a good deal?. Student loan giant Sallie Mae SLM, +0.59%  is now offering three credit cards designed for the collegiate set — including one that lets people use

• Reconsidering advice in 3 popular personal finance books. In times of economic stress, it is good to know the basics of personal finance. Many people turn to books for help, so we decided

14

• The should-be solution to the student debt problem. Income-driven repayment programs cover eight million borrowers, but they could be helping more if they were simpler and reached the people who needed them.

• Five financial moves all gig economy workers should make. As a gig worker, retirement savings are only one of the benefits that you are missing out on. For that reason, you need to be

• Why are people sleeping in stacked pods?. Space-maximizing pod housing makes up a tiny part of the city’s overall housing mix, but it quietly is popping up in neighborhoods all

13

• Is it worth paying for the annual credit card fee? Depends on your lifestyle (Chinese). 若想省錢，支付信用卡年費看來似乎有悖常理，但在某些情況下可能值得；CreditCards.com產業分析師洛斯曼(Ted Rossman)表示，評估申請需付年費的信用卡是否值得，將取決於是否符合你的生活方式。

11

• Common retiree scams. As baby boomers prepare for the biggest wealth transfer in history, the vultures are circling. This is no surprise, given that nearly half of Americans

• Safe steps to take when buying a used car. Buying a car is one of the biggest purchases you'll make, so you don't want to pay any more than you have to.

• Americans would give up vacation for help with student loans. 63% of job seekers with student loan debt said they would give up PTO in exchange for help paying off student loan debt, according to a

10

• How to set your Google data to self destruct. For years, Google has kept a record of our internet searches by default. The company hoards that data so it can build detailed profiles on

• Medicare shopping season is coming. Every fall, Medicare recipients have the opportunity to change their coverage during an enrollment season that runs from Oct. 15 through Dec. 7. This is the time

• Passengers revolt aboard Norwegian Spirit cruise ship. The disappointment started mounting the first day of a two-week Norwegian Cruise Line voyage in Europe. So by the time the Norwegian Spirit had diverted

• California law blocks debt collectors from emptying your bank account. Gov. Gavin Newsom signed into law a bill that will prevent debt collectors from emptying Californians’ bank accounts. The bill — SB 616 — doesn

09

• U.S. billionaires paid lower tax rate than working class last year. The average effective tax rate paid by the richest 400 families was 23 percent, a full percentage point lower than the 24.2 percent rate paid by the bottom

• 70% of college students graduate with debt. Today, roughly 70% of American students end up taking out loans to go to college. The average graduate leaves school with around $30,000 in debt and all

08

• Well informed grandma from watching TV programs - did not fall for scam (Chinese). (本報訊)聖荷西一名80歲祖母魯阿克(Dorothy Ruark)，非常疼愛他的孫子蘭多(Landon)，他的照片掛滿她的居所內。但有天收到訛稱是蘭多打來的詐騙電話，機智的她當下無上當，才無招致金錢損失。魯阿克向ABC7新聞說︰「聲音完全跟我孫子一樣，他說『祖母，我需要你幫忙…我需要你給我一些錢』。」