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Kimberly Palmer: Smart steps to take when helping your grandchildren financially

Published Mon, 23 Dec 2024 14:04:30 GMT

In his early 20s, Chris Chen’s nephew dreamed of becoming a professional photographer, but to pursue that dream, he needed equipment that cost over $5,000. His nephew worked hard to save $1,500, then his maternal grandmother provided an additional $750. Chen, a certified financial planner in Newton, Massachusetts, covered the rest.“It helped him understand the value of money,” Chen says of his nephew, who now earns his living as a photographer.Grandparents — and other family members — often have the best intentions when it comes to helping their grandchildren financially, but experts say they don’t always know how best to do so and can accidentally hurt their own finances along the way.Financial advisers recommend following these steps whenever you’re giving grandchildren a financial gift, whether big or small.PROTECT YOUR OWN FINANCES“The first question is, ‘Can you afford to help your grandchildren, and how much?’” says Lorraine Ell, CEO and co-founder at Better Money Decisions, a...

Rescuer raises hope of survivors at a Zambian mine where more than 30 have been buried for days

Published Mon, 23 Dec 2024 14:04:30 GMT

LUSAKA, Zambia (AP) — A member of a rescue team raised hope Monday that there may be survivors at a Zambian mine where more than 30 informal miners have been trapped under debris for days and presumed dead after heavy rain caused landslides.Rescuers have been searching for the miners since early Friday after they were buried Thursday night while digging tunnels at an open-pit mine near the city of Chingola on the country’s copper belt.“We are getting close and expect to find survivors as there is some voices we are hearing from one of the tunnels,” Wiva Chanda, an informal miner from the area helping with the rescue effort, told The Associated Press by telephone. “There is hope but I think it will be a mix of survivors and dead bodies.”Chingola District Commissioner Raphael Chumupi said at least 36 miners were buried in three separate tunnels while they were digging for copper ore illegally at the Seseli mine without the knowledge of the mine owner. Zambian governm...

Forecast: Chance of rain/snow showers tonight into Tuesday

Published Mon, 23 Dec 2024 14:04:30 GMT

CHICAGO — Chilly and mostly cloudy Monday with some peeks of sun. Winds: NNW 5-10 mph. High 40. Interactive Radar: Track showers and storms here Cloudy with a chance of rain/snow showers tonight, especially after midnight. Winds: WSW 5-10 mph. Low 33.Tuesday Forecast: Cloudy skies with a chance of rain/snow mixed showers. Slushy 1" of accumulation possible in the northern suburbs-- elsewhere little to no accumulation. Winds: NW 5-10 mph. High 39.Extended outlook shows a bit more sun returning for Wednesday with highs in the low 40s. Much milder for Thu/Fri with temps in the mid to low 50s. Increasing clouds on Friday with a chance of late-day showers. Full forecast details and more at the WGN Weather Center blog

Queen Latifah, Billy Crystal among honorees at Kennedy Center gala

Published Mon, 23 Dec 2024 14:04:30 GMT

(The Hill) -- It was a night celebrating the arts, but just weeks before the beginning of a presidential election year, politics was difficult to avoid at the 46th Kennedy Center Honors.A who’s who of Washington came together on Sunday in the nation’s capital to recognize this year’s Honorees: rapper and actor Queen Latifah, comedian Billy Crystal, opera star Renée Fleming, Bee Gees singer and songwriter Barry Gibb and singing legend Dionne Warwick.“I had no idea you've done so much, and you've done it all in such a relatively short amount of time,” Robert De Niro, one of Hollywood’s fiercest critics of former President Donald Trump, said as he took to the stage as part of a tribute to “When Harry Met Sally” star Crystal.“You're only 75,” De Niro continued to Crystal, as President Joe Biden looked on from the audience, before cracking, “That means you're just about six years away from being the perfect age to be elected president."Biden is 81. Julianna Margulies apologizes for cl...

Cooler air today

Published Mon, 23 Dec 2024 14:04:30 GMT

AUSTIN (KXAN) -- Temperatures this afternoon will be slightly lower thanks to a north to northeast wind. A cold front passing south through Central Texas is leaving the drier wind flow.Today's normal high is 66°In fact, the temperatures this week will be warmer than normal. Friday will be our warmest day when daytime maximums reach the upper half of the 70s.Unfortunately, the weather this week will be dry thus adding to the ongoing drought.The next change for the area happens Saturday. A cold front drops south out of north Texas interacting with the moisture coming from the Gulf leading to the only chance of rain between now and Sunday. The rain is forecast Saturday afternoon. It will leave only a few hundredths of an inch with the majority of that falling east of I-35.Saturday is the only day where rain is forecastThe front will drop highs Sunday to the upper 50s to low 60s.The updated second week outlook is still suggesting a wetter than normal pattern. Temperatures are now foreca...

Restaurants open in Austin on Christmas Eve, Day

Published Mon, 23 Dec 2024 14:04:30 GMT

AUSTIN (KXAN) -- 'Tis the season to be merry, bright and stuffed with delicious food! Whether you don't celebrate Christmas or you're looking for a nice holiday meal out, here's a look at some of the Austin restaurants that'll be open on Christmas Eve and/or Christmas Day.Carve American GrilleCarve will offer a three-course prix fixe menu on Dec. 24 from 11 a.m. to 10 p.m. Curbside pickup services are available from 11 a.m. to 9:30 p.m., with meals costing $69 per person. For dine-in services, guests who dine at 5:30 p.m. or earlier will pay $69 per person, while those dining at 5:45 p.m. and later are charged $79 a piece.The three-course meal includes the choice of a soup or salad, entrée and dessert. Carve has two locations:Barton Creek at Lantana Place: 7415 SW Parkway, Bldg. 1, AustinCentral Austin at The Grove: 2613 Perseverance Drive, AustinReservations can be made online.Casa Do BrasilRing in the holidays at Casa Do Brasil, located at 10515 N. MoPac Expressway. The Brazilian ...

Suspect shot and killed after firing shots outside O'Fallon City Hall

Published Mon, 23 Dec 2024 14:04:30 GMT

O'FALLON, Mo. - An investigation is still unfolding Monday morning after police in O'Fallon, Missouri, shot and killed a suspect. It all started with shots being fired just outside O'Fallon City Hall.Authorities have not released a lot of information about what happened in this case. We do know that this all began late Sunday afternoon with the suspect firing shots at the clock tower just feet from O'Fallon City Hall. It appears that there is damage to three of the four sides of the clock.A resident who lives near City Hall told FOX 2 that they heard gunshots in the area late Sunday afternoon. Police said that they don't know why the individual was firing shots at the clock tower. Another death reported at St. Louis City Justice Center It's known that the police were able to get a description of the vehicle that authorities shared that the suspect was driving. O'Fallon officers tried to pull over the vehicle, but the driver failed to stop and a pursuit started. It ended near Sprin...

Police find man dead inside car on I-55 SB

Published Mon, 23 Dec 2024 14:04:30 GMT

ST. LOUIS - Officers found a man shot and killed Sunday afternoon in south St. Louis.Police responded to Interstate 55 near South 7th Street to help an unconscious driver. Upon their arrival, they found a man shot to death inside the vehicle. Another death reported at St. Louis City Justice Center So far, no further information has been revealed. FOX 2 will update this story with more information as it becomes available.

Heavy police presence for possible East St. Louis shooting

Published Mon, 23 Dec 2024 14:04:30 GMT

EAST ST. LOUIS, Ill. - Several police crews are investigating a possible shooting in East St. Louis early Monday morning. Our Nissan Rogue Runner reporter, Nic Lopez, captured footage of the scene located on the 1100 block of North 13th Street, where East St. Louis, Fairmont City, and Illinois State Police are cruising around the area searching for further information. Another death reported at St. Louis City Justice Center So far, no suspect or victim has been identified. FOX 2 will update this story with more information as it becomes available.

Mayor Tishaura Jones helping develop regional crime strategy today

Published Mon, 23 Dec 2024 14:04:30 GMT

ST. LOUIS - Mayor Tishaura Jones will join other Missouri officials, law enforcement, business owners, and violence reduction experts to develop a regional crime strategy Monday.Jones says while the city of St. Louis has had a 20% decrease in homicides this year, more needs to be done. Mizzou selected for Cotton Bowl against Ohio State This is the second St. Louis crime summit this year.