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One income, two retirements

For a lot of people, a one-size-fits-all retirement plan just doesn’t fit. Their family circumstances call for a more custom-made approach. That’s the case with couples who have one income. Christine Benz and Valentina Djeljosevic recently discussed the retirement planning needs of these couples, including emergency funding and Social Security filing decisions. Valentina Djeljosevic: For couples who get to make this choice, to forgo having two earners, I’m sure they’re wondering, “Can we make it on one income?” But what might they be missing? Christine Benz: They’re ...

The 5 future vehicles you need to watch for, according to Edmunds

Fall is typically when automakers release the majority of their models for the new year. Most will be continuations of prior designs, but there’s also a good number that are all-new or getting major redesigns. If you’re thinking about buying a new vehicle in the next six months, it can be useful to know which ones have major changes or offer notable breakthroughs. To give you an inside scoop on what’s coming down the pike in the next few months, the automotive experts at Edmunds have picked five vehicles that promise to be well worth the wait. Small SUV: 2027 Nissan Rogue ...

Business and labor at a glance

Trump strikes deal with Putin for diesel in reversal of US policy WASHINGTON — Trump says the U.S. will obtain diesel from Russia, relaxing years of US pressure on Moscow to combat prices ahead of midterms. Trump said on social media on Friday that he struck the deal with Russian President Vladimir Putin in a phone call. Trump announced that Russia will immediately supply more than 300,000 tons of diesel, followed by 500,000 tons more in November and 1 million tons “immediately thereafter.” Russia will deliver another 3 million tons “within a short period of time” after ...

Property transfers

Property transfers recorded Sept. 28-Oct..3 in Trumbull County Sept. 28-Oct. 3 Bazetta Julie McDaniel and Mark F. DeMarco to Gray Kitten Holdings LLC, 3267 Pheasant Run Unit C, $161,500 Braceville Kelley R. Jr. and Kristina L. Kimple to ARSI Holdings LLC, 645 Center World South Road, $22,000 Andrew Byler to Timothy Eckenrode, state Route 82, $100,000 Robert Roy Kujala to Charles and Maria Sechler, 1114 Allen Smith Road, $150,000 Bristol David D. Jr. and Leona M. Fisher to John A. and Martha A. Yoder, 2416 Housel Craft Road, $850,000 Brookfield David A. Blachett and ...

Average mortgage rate in US hits highest point in 3 years

Mortgage rates marched higher for the seventh week in a row, driving the average long-term U.S. home loan rate to its highest level in nearly three years. The benchmark 30-year fixed-rate mortgage climbed to 7.40% from 7.28% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the average rate was 6.30%. The average rate is the highest it’s been since Nov. 16, 2023, when it was 7.44%. The housing market has been stuck in a rut this year in large part because of rising mortgage rates, which can add hundreds of dollars a month in costs for borrowers, limiting home ...

Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled

NEW YORK (AP) — Some sharp reversals kept financial markets unsteady on Thursday, as oil prices rose and U.S. stock indexes finished mixed. The S&P 500 fell 0.5% for a second straight loss after setting its all-time high. The Dow Jones Industrial Average added 51 points, or 0.1%, and the Nasdaq composite fell 1.3% as technology stocks took particularly hard hits. Stocks felt pressure from a 4.1% rise in the price for a barrel of Brent crude oil, the international standard, to $104.28. It’s been pinballing between $96 and nearly $110 over the last month on uncertainty about when ...