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President Donald Trump stands to save millions of dollars annually in interest on outstanding loans on his hotels and resorts if the Federal Reserve lowers rates as he has been demanding, according to public filings and financial experts. In the five years before he became president, Trump borrowed more than $360 million via four loans […]
BOSTON (AP) — Massachusetts’ first Las Vegas-style casino is throwing itself a birthday bash with Aerosmith, New England Patriots cheerleaders and a five-tier cake. But one year after opening, MGM Springfield has underperformed and shed hundreds of jobs. Some business owners also say the promised downtown revival hasn’t materialized. Casino president Michael Mathis promises the […]
BERLIN (AP) — Switzerland says the European Free Trade Association, a group of four countries outside the European Union, has largely concluded a free-trade agreement with the Mercosur bloc including Brazil. The Swiss economy ministry said Saturday that the agreement “in substance” was reached in Buenos Aires Friday and ultimately will see some 95% of […]
ASK THE FOOL 401(k)s vs. 403(b)s Q: What’s the difference between a 401(k) plan and a 403(b) plan? A: Both are tax-advantaged retirement plans, with 401(k)s targeting private-sector workers and 403(b)s primarily for employees of tax-exempt employers, such as educational institutions and some nonprofits. They have the same or similar contribution limits and both can […]

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