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Erika Schultz/The Seattle Times/TNS

Seattle-area families, teachers juggle back-to-school shopping needs

Consumer / Home and Consumer News /

Sheila Osterbeck threw four black composition books, 50 cents each, in her Target cart as she browsed the back-to-school aisles Wednesday to stock up on school supplies for her two children.

With lists in hand, Osterbeck and other families at Northgate Target were looking for bargains while wrangling children on shopping sprees that are likely ...Read more

Joe Burbank/Orlando Sentinel/TNS

'A golden ticket': Orlando area veterans awarded free homes

Consumer / Home and Consumer News /

Two military veterans were awarded free homes in a new Orange County community Monday, arriving in a motorcade as hundreds of onlookers waving American flags cheered for them.

”This is truly life-changing for us. It’s basically like giving a golden ticket to veterans,” said retired U.S. Air Force Master Sergeant Kaia Santana. “You’ve ...Read more

Brian van der Brug/Los Angeles Times/TNS

California auto insurance rates are skyrocketing: Here's why and how to save

Consumer / Home and Consumer News /

California is as car crazy as ever, with insurance rates increasing to match.

Data analyzed by the insurance comparison website Insurify showed the average annual cost of full coverage in California was $2,417 as of June, up from $1,666 the year before.

And premiums are projected to continue rising, to an estimated $2,681 for full coverage by ...Read more

Stephen M. Dowell/Orlando Sentinel/TNS

Orlando trending toward a 'more healthy' housing market but high prices still a barrier

Consumer / Home and Consumer News /

Home prices hit a record high in the Orlando area this summer, but experts say 2024 has brought some stability to the housing market, with more properties for sale and more buyers securing a home.

Still, housing costs have increased more than wages in Central Florida, so many would-be buyers still struggle to find properties they can afford.

...Read more

DREAMSTIME/TNS

A San Diego couple thought they'd invested in gold. Instead, they and hundreds of others say they were scammed

Consumer / Home and Consumer News /

With a fickle stock market and broader economic uncertainty around the globe, Howard and Heather Short were looking for a safe harbor for their savings and financial stability.

The San Diego couple settled on gold.

After months of hearing advertisements promoting the Oxford Gold Group on a local talk radio station, the Shorts began ...Read more

Tyger Williams/The Philadelphia Inquirer/TNS

Kamala Harris and Donald Trump are talking about high grocery prices. These Philly-area residents are finding ways to cope with costs

Consumer / Home and Consumer News /

Nah’Shon and Caitlin Moore used to have a systematic approach to grocery shopping, with a large trip once a week or once every other week.

But as prices rose in recent years, the Levittown couple started taking trips to the Aldi supermarket on an as-needed basis to reduce waste and keep costs down.

“Now, it’s like, ‘Just go ahead and ...Read more

Dreamstime/TNS/TNS

5 saving strategies for financial goals

Consumer / Home and Consumer News /

Saving isn’t always easy, but it pays off over time. It’s especially useful to have a solid savings foundation in place to protect yourself against economic uncertainty. And with the unemployment rate surging to 4.3 percent in August, the road ahead looks potentially rocky.

But how do you save more when money is tight? More than a third (34...Read more

Dreamstime/Dreamstime/TNS

Are annuities a good investment?

Consumer / Home and Consumer News /

Although annuities are not for everyone, the assurance of guaranteed income in retirement and tax-deferred growth can be very attractive for certain people looking to invest their money. Meanwhile, the high fees and mind-numbingly detailed contracts are a big drawback.

Here’s a look at whether an annuity might be a good investment for you.

...Read more

Jay Dunbar/Dreamstime/TNS

'Soulless' gray vinyl floors have infested LA's rental market -- and tenants hate them

Consumer / Home and Consumer News /

LOS ANGELES — Sarah Warner’s hopes were high as she approached the two-bedroom bungalow up for rent in Echo Park. The price was reasonable, the location was great, and the place had plenty of curb appeal.

When she opened the door, her heart sank. Bright white walls. Harsh, sterile lighting. And the coup de grâce: gray laminate floors.

“...Read more

Real estate Q&A: Am I responsible for water damage caused by tenant?

Consumer / Home and Consumer News /

Q: Our tenant installed a water filter directly into the plumbing without our knowledge. This caused a leak that drained through the floor and damaged the unit directly below ours. Of course, the tenant is not concerned about the damage he caused. What do we do? — Dennis

A: As the property owner and landlord, you bear some, if not most, of ...Read more

How will new real estate rules work? Your questions answered

Consumer / Home and Consumer News /

SANTA ANA, Calif. — Starting this week, most home shoppers will need to sign contracts with agents to view properties for sale, binding them to paying their own commissions if they can’t get a seller to cover it.

And home sellers will be banned from advertising how much they’re willing to pay buyers’ agents in a multiple listing service...Read more

Eileen T. Meslar/Chicago Tribune/TNS

Housing providers are squeezed by rising insurance costs, driving rents up. Unlike other states, Illinois can do little about it

Consumer / Home and Consumer News /

CHICAGO — Stuart Handler runs a company that owns and manages 47 properties, with a total of 6,000 apartments throughout the Chicago area. For 2024, the insurance premium on his portfolio of properties increased about 150%, and his deductible climbed from $100,000 to $1 million.

The jump in insurance costs came even though Handler’s record ...Read more

Dreamstime/TNS

Home Depot's same-store sales down again, but CEO says he's confident

Consumer / Home and Consumer News /

ATLANTA — With consumers cautious about spending, Home Depot on Tuesday trimmed back its expectations for the coming year, while maintaining faith in the fundamentals of consumer finances.

The Vinings-based home improvement giant reported sales of $43.2 billion for the second fiscal quarter, an increase of 0.6% over the same period a year ...Read more

Michael M. Santiago/Getty Images North America/TNS

Big tech, health-care and high-yield stocks are dip-buying targets

Consumer / Home and Consumer News /

A dizzying start to August, which saw U.S. stocks whiplashed by economic jitters, lackluster earnings and the unwinding of the global yen carry trade, has left Wall Street searching for corners of the market that may have been unfairly punished.

Despite clawing back nearly all its losses from a 3% drop to begin last week, the S&P 500 remains ...Read more

Hector Amezcua/The Sacramento Bee/TNS

State regulators will speed reviews of rate hikes sought by home insurers amid wildfire losses

Consumer / Home and Consumer News /

The state insurance commissioner took action Friday to speed up reviews of rate hikes sought by home insurers after efforts to address the issue through fast-track legislation got bogged down amid opposition from a consumer group.

California Insurance Commissioner Ricardo Lara issued a bulletin outlining steps his department would take to more ...Read more

Kawee Srital On/TNS/TNS

7 tips to help dig your way out of debt

Consumer / Home and Consumer News /

Not all debts are bad ones. But bad debts can hang heavy around your neck and create long-term financial strain.

Here’s the good news about bad debt: You can reduce it.

When you have a clear view of your outstanding accounts and amounts, you can use the following tips to get out of debt.

1. Re-examine spending habits

Your spending is ...Read more

Tetiana Kitura/Dreamstime/TNS

Interest rates on top-yielding CDs are dropping. Here's what that means for savers

Consumer / Home and Consumer News /

Savers, take note: Your options for high-yielding certificates of deposit (CDs) are getting fewer by the day. What’s more, high-yield savings and money market accounts – variable rate deposit accounts that are prone to change in lock step with changes to the federal funds rate as set by the Federal Reserve – could see their yields drop ...Read more

TNS

Is it worth paying a financial adviser to prepare for retirement planning?

Consumer / Home and Consumer News /

The road to retirement is full of twists and turns. You might think you’re on the right path, but life can throw unexpected obstacles in your way that derail even the best laid plans.

Numerous variables are at play, from how long you might live to how much you’ll receive each month from Social Security. A few wrong calculations, and you run...Read more

Allen J. Schaben/Los Angeles Times/TNS

'We just can't afford to live here.' Housing costs are driving people out of Orange County, poll says

Consumer / Home and Consumer News /

LOS ANGELES -- Brittany West had planned to put down roots and build a life with her fiancé and their new baby in Orange County, a place that's lauded as ideal for raising children.

But it's become more difficult to make ends meet, even though West and her fiancé, Ben, both have solid incomes. Modest rent hikes on their Irvine condominium, ...Read more