Susan Tompor

1 week ago | usatoday.com | Susan Tompor

• Sharp sell-off in U.S. Treasuries signals declining confidence in U.S. polices. • Trump tariff turmoil could have a lasting impact on cost of borrowing, experts say. • Bear markets for stocks can last four months to six months or longer, according to David Sowerby, a metro Detroit portfolio manager. A 90-day pause on many, but not all, tariffs might give some everyday 401(k) savers a bit of hope that, maybe, the worst is over when it comes to the wild ride on Wall Street.

1 week ago | freep.com | Susan Tompor

Troy woman was told by the con artists that someone was sending her money to Poker.com. She doesn't gamble. One con artist pretended to be from Apple; another impersonated someone from her credit union. Michigan Attorney General Dana Nessel issued a consumer alert April 8 to warn residents about scammers using bitcoin ATMs to defraud consumers. Stacy Hazinski received one of those annoying text messages that claimed she was about to be charged $114.02 for something she didn't buy.

1 week ago | freep.com | Susan Tompor

Bradley C. Wieferich, the director of the Michigan Department of Transportation, issued an alert about fake texts that claim to be from MDOT. In early March, the Ohio Turnpike and Infrastructure Commission warned about a resurgence in scam texts to pay tolls. The text about unpaid tolls included a key phrase that immediately puts you on edge, which not surprisingly is a strategy with a long list of scams.

1 week ago | freep.com | Susan Tompor

Sharp sell-off in U.S. Treasuries signals declining confidence in U.S. polices. Trump tariff turmoil could have a lasting impact on cost of borrowing, experts say. Bear markets for stocks can last four months to six months or longer, according to David Sowerby, a metro Detroit portfolio manager. A 90-day pause on many, but not all, tariffs might give some everyday 401(k) savers a bit of hope that, maybe, the worst is over when it comes to the wild ride on Wall Street.

1 week ago | freep.com | Susan Tompor

Decades ago, people were rushing to meet a March 15 filing deadline for income taxes. Now the deadline is April 15. The IRS processed more than 100.3 million returns, up 0.2%, so far through April 4. The IRS has issued more than 67.7 million federal income tax refunds, up 1.4% from a year ago. Tax Day celebrated a key milestone of sorts. The Internal Revenue Service marked the 70th anniversary of the April 15 filing deadline.