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The Akron Legal News, Akron Ohio, Summit County Ohio

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Thieves key on hack that leaves Hyundai, Kia cars vulnerable

DETROIT (AP) — Some Hyundai and Kia cars and SUVs are missing a "key" anti-theft device, and thieves know.
An insurance industry group says these cars are stolen at nearly twice the rate of the rest of the auto industry because their keys lack computer chips for theft "immobilizer" systems.
The thef ... (full story)

Powell's stark message: Inflation fight may cause recession

WASHINGTON (AP) — The Federal Reserve delivered its bluntest reckoning last week of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession.
Speaking at a news conference, Chair Jerome Powell acknowledged what many economists have been saying for months: Th ... (full story)

6 new rules for smarter European travel

Tourism rebounded this summer in Europe — and Europe wasn't ready. Pandemic-related staff shortages led to massive lines and flight cancellations at many airports; meanwhile, prices for hotels and taxis soared.
Then there were the record-breaking temperatures that caused roads, airport runways and railroad tracks to buckle ... (full story)

Unit investment trusts

Q. Are unit investment trusts like mutual funds? -- P.D., Winona, Minnesota
A. Both are regulated and offer diversification via an assortment of stocks, bonds and other securities, but they differ, too. At the end of each trading day, mutual fund shares are issued and redeemed on demand at a specific price (the "per share n ... (full story)

How to get a student loan refund if you paid during pandemic

How to get a student loan refund if you paid during pandemic

NEW YORK (AP) — When President Joe Biden announced a plan to forgive student loan debt, many borrowers who kept making payments during the pandemic wondered if they'd made the right choice.
Borrowers who paid down their debt during a pandemic freeze that started in March 2020 can in fact get a refund — and then apply ... (full story)