NILES — Joseph Rossi Funeral Home is marking a special milestone this year of providing 100 years of funeral and memorial services. Joseph F. Rossi Jr. and sons Joseph F. III and Thomas are owners of the family business located on Robbins Avenue. Joseph Jr. said the business was started ...
If there’s one group likely to be experiencing the most consternation over inflation and economic uncertainty, it’s those who have just retired or are about to. To make it through this period with their sanity intact, they should focus on what they can control. Assess spending rate/strong> People who have just retired or are about to are particularly vulnerable to sequence-of-returns risk, which means that a bad market shows up early in your retirement. Not only does that early retirement sell-off feel bad, it actually is bad because it imperils your portfolio’s ability to last ...
WASHINGTON (AP) — Five of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty. It marks the second straight quarter of strong results from the banks, which have benefited from market volatility since the Iran war began in late February. Both consumer-facing and market-focused banks reported revenue and profit growth that beat even the most optimistic Wall Street expectations. The KBW Nasdaq Bank Index, which tracks the performance of two dozen banks rose ...
With new-vehicle prices hovering near record highs and monthly payments consuming a growing share of household budgets, many shoppers are looking for ways to make every car-buying dollar go further. And with ample options for where, when and how to buy, it’s not hard to do. The car experts ...
NEW YORK (AP) — Kia America has issued a new recall for nearly 463,000 of its Telluride SUVs, urging owners to again park their vehicles outside and away from buildings after several customers reported fires following previous repairs. The recall, announced this week by the National Highway Traffic Safety Administration, replaces a prior one Kia initiated in 2024. Certain Tellurides from the 2020-2024 model years are affected, with the NHTSA warning that the front power seat motor of these vehicles may overheat due to a stuck slide knob. That could result in a fire while the car is ...
NEW YORK (AP) — The sell-off for winners of the artificial-intelligence boom deepened Friday and yanked stock markets lower worldwide. Oil prices, meanwhile, continued to jump because of the war with Iran. The S&P 500 fell 1% to finish its first losing week in the last three and only its third since the end of March. Just a couple days earlier, it had climbed within 0.5% of its all-time high. The Dow Jones Industrial Average dropped 406 points, or 0.8%, and the Nasdaq composite sank 1.4%. Chip stocks and other AI darlings once again were at the center of the shaky trading. ...
