skip to main content
skip to newscasts

Wednesday, November 6, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Donald Trump wins US presidency and the GOP flips the Senate; UT electric provider taps into the potential of 'virtual' power plants; Ohio State course bridges science and faith in polarized times; MI mayor prioritizes health, climate with 'health-in-all-policies' plan.

view newscast page
play newscast audioPlay

Trump wins the White House. Republicans will take over the Senate after flipping several seats, and seem to be on track to hold the House. In spite of bomb threats and charges of fraud, a very high-turnout election mostly went smoothly.

view newscast page
play newscast audioPlay

A Cambodian poultry farmer who lost his livelihood could be a hero for others, rural Montanans are anxiously awaiting a court ruling over a climate lawsuit brought by young people, and Northeast states say more housing for working families could boost jobs.

During Hispanic Heritage Month, tips on financial literacy

play audio
Play

Monday, September 30, 2024   

During National Hispanic American Heritage Month, financial experts are speaking out to help Latino families build wealth.

Federal data show that more than a quarter of Latino consumers in the U.S. have no recent credit history, making them "credit invisible" and unlikely to qualify for a loan.

Jorge Lopez Colunga, business development officer in commercial lending for Self-Help Federal Credit Union in San Francisco, said some Latinos are unaccustomed to using credit.

"In Mexico, Latin America, it's either you pay cash or you just don't buy it because you cannot afford it," Lopez Colunga explained. "Here you have to learn how to use credit and leverage it, because it's crucial in order for them to afford something bigger in the future."

Lopez Colunga pointed out many Latinos are self-employed and may operate on a cash basis. He advised people to keep meticulous records and hire an accountant because accurate business income and tax records will help them qualify for business, home and car loans down the line.

Maria Ramos Cuaya, racial wealth gap coordinator at Self-Help Federal Credit Union, encouraged people to seek financial counseling.

"We always try to connect our members with the proper resources for them to understand how to create a spending plan, how to manage their finances, how to access credit without having to get into so much debt," Ramos Cuaya outlined.

Ramos Cuaya noted many banks and credit unions offer "credit builder" loans to help people establish or build new credit using their own money.

Disclosure: Self-Help Credit Union contributes to our fund for reporting on Consumer Issues, Environment, Health Issues, and Social Justice. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
Political scientists said even in elections where the youth vote surges in certain areas, it is still heavily outnumbered by older voting populations. (Adobe Stock)

Social Issues

play sound

As results continue to come into focus post-Election Day, factors like the youth vote are expected to be scrutinized. Experts said it is important …


Social Issues

play sound

Although Florida was not considered a swing state this year's election, its diverse demographics reflect national trends, and political observers are …

Social Issues

play sound

The brisk pace of voting continued on Election Day, and Michigan Secretary of State Jocelyn Benson expects the battleground state to shatter a 64-…


The City of Dearborn has partnered with others in Wayne County to apply for and implement several federal programs funded by the Inflation Reduction Act and Bipartisan Infrastructure Law. (Branden/Adobe Stock)

Environment

play sound

The mayor of Dearborn has adopted a "health-in-all-policies" approach, a pledge to prioritize health, environmental justice and climate action in …

Social Issues

play sound

pro-Palestinian groups are hosting a demonstration today starting at Red Arrow Park in downtown Milwaukee. The groups Students for a Democratic …

The addition of more than 750 megawatts of renewable energy for rural portions of Kentucky significantly reduces the amount of greenhouse gases developed by natural gas and coal-fired generators. (Adobe Stock)

Environment

play sound

New funding from the federal Empowering Rural America program will allow the East Kentucky Power Cooperative to add more than 750 megawatts of solar e…

Social Issues

play sound

A new report quantifies the contribution of Wyoming's arts and culture sector to the state's economy and shows it is significant. Wyoming in 2022 …

Social Issues

play sound

In Minnesota and across the U.S., poll workers are being praised for stepping up during another big election. Administrators hope the goodwill …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021