June 3, 2025
Financial Assets

Rep. Huizenga moves to make auto loans tax deductible

The impact and history of autos in Detroit, The Motor City Here are some facts about Detroit’s auto industry. Rep. Bill Huizenga introduced the Made in America Motors Act, proposing a tax deduction on interest paid on U.S.-assembled vehicle loans. The proposed deduction allows up to $2,500 per year for vehicles under 14,000 pounds purchased

Read More
Financial Assets

FSA to require DOGE approval for larger loans

Ryan Hanrahan  |  Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will

Read More
Intangible Assets

Amazon faces tariff pressure as sellers stockpile inventory

Amazon’s tariff transparency plans President Trump has said tariffs will likely impact shoppers, saying in a Cabinet meeting that tariffs could lead to fewer, but more expensive gifts this upcoming holiday season. Fox – 5 DC Amazon AMZN.O on Thursday tried to temper investor concerns about the impact of the Trump administration’s tariffs on its e-commerce business,

Read More
Financial Assets

Internet scams hit record $16 billion in losses; $1 billoin in Florida

Cryptocurrency scams cost Americans more than $5.6B last year: FBI The FBI announced on Monday, Sept. 9, that Americans lost more than $5.6 billion in cryptocurrency scams in 2023. Straight Arrow News Floridians lost over $1 billion to online scams in 2024, with seniors being the most targeted group. Investment and cryptocurrency scams led to

Read More
Fixed Assets

Trump policies could threaten public land protection, advocates warn

Tufan Neupane  |  Special for the Arizona Republic Arizonans worries about Trump plan to extract resources on public land Residents worried about Trump’s calls to open public lands to resource extraction gathered March 27, 2025, at the Arizona Capitol to voice their grievances. Conservation advocates raised concerns that Trump administration policies could undermine public land

Read More
Financial Assets

Criminals stealing money from SNAP recipients in Central Massachusetts

Criminals are preying on low-income families who are struggling to put food on the table, and the numbers highlight the problem. In Worcester, 245 households had a total of more than $100,000 stolen from electronic cards issued by the government that are used to buy groceries, according to state figures from Jan. 1 through March

Read More
Financial Assets

Principal Financial Group profits climb during market uncertainty

Ateev Bhandari  |  Reuters Principal Financial Group names Deanna Strable as next CEO Deanna Strable, a native Iowan and a Dowling Catholic High School graduate, will be the next CEO of Principal Financial Group. Insurer Principal Financial Group reported a rise in first-quarter profit on April 24, helped by higher premiums and fee income. The Trump

Read More
Financial Assets

Trade fight, policy uncertainty top financial risks

Pete Schroeder and Michael S. Derby  |  Reuters Powell to remain Fed chair, ‘no intention’ on firing him, Trump says President Donald Trump says he has no intention on firing Federal Reserve chairman Jerome Powell, but he would like to see interest rates cut. Concerns about trade policy, particularly tariffs and a potential trade war,

Read More
Financial Assets

How to choose a financial adviser? We rank the top firms.

Financial Pros: Help USA TODAY and Statista determine the winners in our fourth annual survey of top-rated firms, which publishes in April 2026. You can pre-register to take the survey here. Investments always come with risk, but between tariffs, recession worries and overall economic uncertainty, markets have been especially volatile over the past few months.  Markets

Read More
Financial Assets

Student loans in default soon to be sent to collections. What to know.

Student borrowers could see credit scores drop for late loan payments Nearly 9.7 million student loan borrowers will see drops in credit scores, according to the Federal Reserve. Straight Arrow News Student loan collections will resume May 5th after a five-year pause. Millions of borrowers risk wage garnishment, impacting social security and tax returns. Defaulting

Read More