Browsed by
Month: May 2025

7 tips to help dig your way out of debt

7 tips to help dig your way out of debt

Comments 0 Comment

By Amy Sorter, Bankrate.com

Getting rid of debt is a goal many Americans have. Not only does eliminating debt improve your financial health, but it is also likely to have a positive impact on your mental health. Assessing your outstanding balances, selecting a debt payoff strategy, and formulating a game plan are good starting points for getting out of debt once and for all.

Related Articles

Once you have a clear view of what you owe, you take steps to start making progress and pay down your balances. You can use the following tips to get out of debt.

1. Re-examine spending habits

Your spending should be divided between need to have and nice to have. “Need to have” refers to essential necessities, including food, shelter, utilities, transportation and clothing. “Nice to have” is everything else. read more

Ford recalls nearly 274,000 Navigator and Expedition SUVs due to risk of loss of brake function

Ford recalls nearly 274,000 Navigator and Expedition SUVs due to risk of loss of brake function

Comments 0 Comment

NEW YORK (AP) — Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs across the U.S. due to an issue that may cause a loss of brake function while driving, increasing crash risks.

Related Articles

According to documents published by the National Highway Traffic Safety Administration, the front brake lines in these now-recalled cars “may be in contact” with their engine air cleaner outlet pipe due to a potential installation defect. That can result in a brake fluid leak and/or a loss of brake function.

The recall covers 223,315 Expeditions and 50,474 Navigators between model years 2022 and 2024. Ford expects that just 1% of these vehicles have the defect, per a recall report dated Friday. read more

Chinese businesses view tariff pause with caution and uncertainty

Chinese businesses view tariff pause with caution and uncertainty

Comments 0 Comment

By HUIZHONG WU

BANGKOK (AP) — While U.S. President Donald Trump has talked of victory after reaching a weekend deal with China to reduce the sky-high tariffs levied on each others’ goods, businesses in China are reacting to the temporary deal with caution.

Related Articles

The U.S. and China have cut the tariffs levied on each other in April, with the U.S. cutting the 145% tax Trump imposed last month to 30%. China agreed to lower its tariff rate on U.S. goods to 10% from 125%. The lower tariff rates came into effect on Wednesday.

U.S. Treasury Secretary Scott Bessent, announcing the reduction in tariff rates this weekend in Geneva, had said, “We do want trade.” While the markets have responded to the agreement with gusto, rebounding to the levels before Trump’s tariffs, business owners remain wary. read more

SpaceX launches latest Starlink mission from Cape Canaveral

SpaceX launches latest Starlink mission from Cape Canaveral

Comments 0 Comment

SpaceX knocked out another Starlink launch from Space Coast on Wednesday afternoon.

A Falcon 9 rocket carrying 28 of the company’s internet satellites lifted off at 12:38 p.m. from Cape Canaveral Space Force Station’s Space Launch Complex 40.

The first-stage booster for the mission made its fourth flight making another recovery landing downrange on the droneship A Shortfall of Gravitas stationed in the Atlantic.

The launch was the 42nd orbital mission from the Space Coast in 2025 with all but two coming from SpaceX. Cape Canaveral Space Force Station also was the launch site for a hypersonic missile test this year for the Army.

The other two orbital launches were from Blue Origin with the debut of its New Glenn heavy-lift rocket back in January, and United Launch Alliance with an Atlas V launch last month.

Blue Origin has yet to announce a date it might try for a second launch, but had stated earlier this year it would be in the spring. ULA has several more missions on tap this year including a potential second Atlas V launch in early June to fly up the second batch of customer Amazon’s satellites for its Project Kuiper internet constellation, a competitor to SpaceX’s Starlink. Amazon’s first batch on the April launch totaled 27, but the company has lined up more than 80 more launches to grow that number. read more

Sony racks up record profit on robust performance for music, movies and games

Sony racks up record profit on robust performance for music, movies and games

Comments 0 Comment

By YURI KAGEYAMA, Associated Press Business Writer

TOKYO (AP) — Japanese technology and entertainment company Sony logged an 18% rise in profit for the fiscal year through March on healthy results at its music and video-game operations.

Its chief executive, Hiroki Totoki, outlined the company’s strategy for growth Wednesday, stressing that collaboration among Sony Corp.’s various segments, like animation and music, were crucial to deliver the “kando,” or emotional engagement, that lies at the core of the company’s vision and strength.

“Building on our momentum and results to date and working with a laser-like focus to realize our long-term Creative Entertainment Vision will be at the core of our corporate strategies moving forward,” he told reporters.

Sony’s movies division has strong offerings in the pipeline, including Spider-Man films and biopics about The Beatles, while animation remains a driver of growth centered around the popular anime streaming service Crunchyroll, Totoki said. read more