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An IRA playbook to build wealth

In the world of financial planning, we often treat retirement accounts as static buckets. But for the savvy investor, an IRA has a life cycle that must evolve as they do. From a teen’s first summer job to a retiree’s final legacy bequest, the optimal way to use these accounts changes based ...

How to talk about money with your kids

NEW YORK (AP) — At the grocery store, Jamie Corum sets a two-minute timer for her 10-year-old daughter to look around. Then she resets it to 10 minutes so her daughter can choose one thing to buy, making sure she considers her budget and how much tax she’ll have to pay. Corum and her ...

Ford recalling more than 741,00 vehicles because of park system issue

Ford is recalling more than 741,000 vehicles in the U.S. because a transmission issue may damage the park system, which could increase the risk of a crash or injury. The National Highway Traffic Safety Administration said in a report that the recall includes certain Ford F-150, Lincoln Aviator, Ford Explorer, Lincoln Navigator and Ford Expedition vehicles with model years between 2018 and 2021. The report states that impacted vehicles may experience temporary engagement of their transmission parking pawl while the vehicle is in motion when certain shifts are commanded by the ...

Chevrolet Bolt vs. Nissan Leaf, an Edmunds $30,000 EV comparison

Many new electric vehicles are prohibitively expensive for car shoppers. But there are a few relatively low-cost options that provide plenty of usable range and utility. One great example is the Nissan Leaf. Originally debuting for 2011, it’s today’s longest-tenured EV and remains among ...

Initial unemployment claims rise

Staff report The Ohio Department of Job and Family Services reported this week that Ohioans filed 4,345 initial unemployment claims June 21-27, which was 221 more than the previous week. Ohioans filed 42,279 continued unemployment claims during the same period, which was 272 more than the previous week. The total number of claims filed June 21- 27 was 46,624. Ohio’s unemployment rate in May was 3.7%. The national unemployment rate in May was 4.3%. Ohio’s labor force participation rate in May was 61.8%. The national labor force participation rate in May was 61.8%. Trumbull ...

Tesla sales jumped last quarter in a possible sign the worst of the Musk backlash is behind it

NEW YORK (AP) — Tesla car sales surged in the past three months in a possible sign damage from a customer revolt over Elon Musk and boycotts are mostly behind it. The electric vehicle maker run by Musk reported Thursday that it delivered 480,126 cars to customers, a jump of 25% over the 384,122 figure a year ago when many Europeans refused to buy his cars because of his embrace of far-right political candidates there. The second-quarter sales, the second straight gain in a row, also came in much higher than the 401,000 that Wall Street analysts had been expecting, according to a ...