Susan Tompor – Page 3

How to break into your retirement piggy bank in the during the coronavirus crisis

April 27, 2020 at 12:24 p.m.

The piggy bank of last resort, known as your 401(k), is far easier to crack now for those enduring financial trauma in the fight against the coronavirus pandemic. No one...

Ford Motor Company President and CEO, Jim Hackett in 2017. Ford CEO Jim Hackett. Ford announced Thursday that, among other moves, it would suspend its quarterly dividend payments to shareholders.

Ford dividend cut a sign of more coronavirus troubles ahead

March 20, 2020 at 4:31 p.m.

Ford Motor did what anyone would do when staring at a dramatic loss in cash flow. It took a step back and aimed to keep as much money in its...

A growing chorus of auto industry watchers and insiders say they expect the coronavirus outbreak to have a very real impact in the U.S. market, including increasingly limited availability of parts needed for repairs.

Why your trip to the auto repair shop should happen sooner than later

March 10, 2020 at 2:14 p.m.

If you've been delaying that car repair, Jenni Newman has some advice: Don't wait to take your car to the shop. The coronavirus and its growing tally of sick and...

Susan Tompor: Latest tax scam holds your info for ransom. Here’s how to spot it and other fraud

January 27, 2020 at 2:14 p.m.

Most of us find it nerve-racking enough that we're forced to focus on gathering our piles of paperwork to fill out our tax returns. Now adding to our stress, we...

Susan Tompor: Why student loan debt is ballooning for those 50 and up

January 6, 2020 at 4:39 p.m.

Retirement should be filled with plenty of carefree days, peppered with a few bucket-list-worthy adventures. Headaches, such as student loans, ideally should be long gone. But increasingly, some retirees are...

Susan Tompor: 5 year-end tax tips to get your money safely through the holiday season

December 9, 2019 at 10:22 a.m.

Stop, take a deep breath and wait for a warning from the Internal Revenue Service before you pull out that plastic to jump on yet another holiday deal on a...

Susan Tompor: How do you make more money when the Fed cuts rates?

September 20, 2019 at 2:15 p.m.

No one has been getting rich stuffing their money into a savings account and it's bound to get even tougher, as the Federal Reserve shifts further into a rate cutting...

This Tuesday, Aug. 1, 2017, file photo, shows a call log displayed via an AT&T app on a cellphone in Orlando, Fla. The app helps locate and block fraudulent calls, although some robocalls do get through. A federal appeals court has rolled back rules intended to deter irritating telemarketing robocalls, saying they were too broad.

Robocalls are out of control. Here’s how to keep from getting scammed

May 23, 2019 at 3:40 p.m.

Some days, you cannot pick up the phone without running into yet another fraudster demanding money. Maybe it's not a bad idea to just avoid unknown callers. The con artists...

Bernhard Kuhnt, CEO of BMW of North America, introduces the new BMW X2 SUV during a media preview at the 2018 North American International Auto Show in Detroit, Michigan, January 15, 2018.
The 228-horsepower xDrive28i, which goes on sale in the U.S. in March, is powered by a 2.0-liter turbocharged four-cylinder engine. It's mated to an eight-speed transmission. The 192-horsepower sDrive28i goes on sale later this spring.

Spike in auto insurance premiums driven by high-tech features

August 18, 2019 at 4:40 p.m.

The gee-whiz gadgets on new cars — the backup cameras, the large touch screen controls, the blind-spot monitoring — make us all feel a little safer about navigating the roads....

When it comes to credit, many consumers – particularly Millennials – don’t understand the score

June 15, 2018 at 3:47 p.m.

Many consumers, particularly Millennials, don't really understand the score. Only one in five consumers know that bad credit scores are likely to increase finance charges by more than $5,000 over...

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