Planning for retirement is a crucial aspect of financial well-being. However, there are several financial landmines that individuals must navigate to ensure a secure and comfortable retirement.
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A new federal rule that would charge higher fees to home buyers with good credit to help subsidize those with poor credit goes into effect Monday.
The Federal Housing Finance Agency announced in January it would increase Loan-Level Price Adjustment fees for mortgage borrowers with higher credit scores to help keep fees lower for those with worse credit.
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Ohio communities collected more fines and fees than local governments in nearly every other state, according to a new report.
A Reason Foundation report that examined revenues generated through law enforcement by local governments, showed Ohio ranked seventh in the country in collecting the most fines and fees 2020.
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The State Department will waive fees for immigrants seeking visas to come to the U.S. if they were previously denied one because of the Trump administration’s travel ban, according to a Wednesday announcement.
“An IV applicant who is the beneficiary of a valid immigration petition may submit another visa application after being refused and in most circumstances they are required to pay again the relevant application fees,” according to a Federal Register rule published Wednesday. “The Department exempts from such fees only those IV applicants who are applying again after being refused” a visa under the travel ban.
The ban prevented immigration from Iran, Libya, North Korea, Somalia, Syria, Venezuela and Yemen. President Joe Biden issued an executive order repealing the ban on his first day in office in January 2021.
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State attorneys general of 36 states and the District of Columbia filed an antitrust lawsuit against Google on Wednesday alleging the company engaged in anticompetitive practices in its Play Store for Android.
The complaint argues Google holds and unlawfully maintains a monopoly in the market of “Android app distribution,” using anticompetitive tactics such as blocking competitors from accessing the Play Store, discouraging the creation of competing app stores, and acquiring smaller app developers. The complaint also alleges Google charges app developers up to a 30% commission when customers purchase their products through the Google Play Store.
“Google has taken steps to close the ecosystem from competition and insert itself as the middleman between app developers and consumers,” the plaintiffs argue.
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Ohio Gov. Mike DeWine praised the $8.3 billion state transportation budget he signed into law despite it missing the increased vehicle fees and massive cuts for public transportation he proposed.
The two-year budget, House Bill 74, provides money for road and bridge construction and maintenance, as well as other transportation priorities established by the committees in the House and Senate, along with DeWine.
“The budget ensures that we can continue to maintain and invest in Ohio’s roadways,” DeWine said Wednesday. “Ohio’s transportation system continues to be a critical part of our economy, moving materials and people safely across our state. This budget advances our commitment to invest in state and locally-maintained roadways.”
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For many low-income Ohioans who have lost their drivers licenses for minor or unintentional offenses, there is no greater frustration than paying your debt to society, only to be denied your ability to drive legally because you can’t afford a government fee. Thankfully, relief is in sight for thousands of these…
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