Fixed mortgage rates rise as variable-rate discounts tighten: Here’s what it means for your next loan or renewal
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — especially as rate cuts seemed like a matter of “when,” not “if.” But the tide has turned. As of early May, both fixed […]
Canadian man gets 2.5 years in prison for ‘elaborate scheme’ using his mother’s identity to steal more than $420,000 from Social Security over 30 years. But how common is this, actually?
A Canadian man has been arrested, sentenced to two-and-a-half years in prison and ordered to repay $420,000 he stole in Social Security benefits over a 30-year period, the U.S. Attorney’s Office in Alaska said in a news release May 12. Ellis Kingsep, 77, was legally living in the U.S. and used an "elaborate scheme" to […]
Prof G warns America is creating dynasties of ‘unproductive young rich people’ — but they’re not very happy and that’s ‘good news’ to him. Here’s why and his $10,000,000 solution
The Great Wealth Transfer currently underway isn’t a solution for wealth inequality. Instead, it’s likely to fuel a rising “dynasty” of young people with too much money and too little motivation to work, according to NYU professor Scott Galloway. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I […]
Maryland man lost $40,000 to ‘evil geniuses’ in ‘polished’ scam — with over 36,000 reported incidents that cost Americans $1 billion in 2024, here are the patterns you need to watch out for
In just the first four months of 2025, people in Prince George’s County, Maryland, have lost at least $1 million to scams, according to police. One person lost $700,000. Another area resident lost $40,000 after being tricked by fraudsters who posed variously as a Microsoft tech support agent, a rep from his bank and even […]
This Naples couple was duped into handing over $2M in gold: How to stay safe against precious metal scams
In a heartbreaking scam that’s left a Naples couple reeling, two fraudsters tricked the 72-year-old couple into handing over more than $2 million worth of gold. The ordeal has left the elderly couple shattered. The gold is nearly impossible to trace, making it unlikely they will get their stolen assets back. Don’t miss I’m 49 […]
‘This guy is our Einstein’: Jamie Dimon says he and Elon Musk ‘hugged it out’ after dropping $162M Tesla lawsuit — vows to support the billionaire as much as he can. Here’s how to tag along
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. It’s not every day that high-profile figures put their differences aside — but that’s exactly what happened. During an appearance on CNBC, JPMorgan CEO Jamie Dimon was asked about […]
San Diego’s new parking laws have already generated $660K for the city in just 2 months — but residents say despite the ‘good intentions’ behind them, they’re confused about how to comply
San Diego’s new “daylighting law,” AB-413, draws a new line in the sand when it comes to parking near intersections and crosswalks. But drivers are frustrated that the new line isn’t marked on the city’s curbs, where no-parking zones have traditionally been painted red. Don’t miss I’m 49 years old and have nothing saved for […]
‘Don’t blame that on the Holy Spirit’: Dave Ramsey urges Missouri woman to instantly liquidate her $60,000 crypto portfolio to pay off debts — but she says she’s waiting for a sign from God
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Arabella from Springfield, Missouri called into “The Ramsey Show” because she was facing a financial fork in the road. With about $60,000 in cryptocurrency, $14,000 in student loans and […]
This Houston man found out his ‘funny’ vanity license plate had been illegally cloned — leaving him being charged almost daily for another driver’s habits
Jason Sung thought it was all fun and games when he bought a custom license plate "5.0 GPA" for his white Ford Mustang. "I’m not a good student, or I don’t have a good grade, but I just thought it’s a funny plate," Sung told ABC13 News. "I really liked it." But what started as […]
I’m 52 years old, $89,000 deep in debt and have two maxed-out credit cards — my only safety net is my 401(k). What’s the worst that could happen if I take cash from it?
Holding on to $89,000 in debt can be overwhelming. And you might feel like you’re dealing with an impossible financial situation. Your 401(k) might seem like the only lifeline available, but to be crystal clear: tapping into retirement savings should be your absolute last resort. When you’re drowning in debt at any age, you’re in […]