Review Category : Top Stories

Study: Personal Math Assessment Can Determine Financial Competencies

Digital Vision(COLUMBUS, Ohio) — How good are you at math? Before you answer, research shows that a lot of folks don’t have a good read on their math skills, regardless of how they rate their ability to solve problems.

A study out of Ohio State University found that a third of people who believed they were pretty good at math actually finished in the lower half of a traditional test given by researchers.

Co-author Ellen Peters says that 20 percent who think their math skills are sub-par scored in the top half of the same exam.

However, Peters, a professor of psychology, says those who correctly assess their ability to do math well and like to work with numbers have a leg up on others when it comes to everyday tasks such as figuring out their taxes or their options when it comes to health insurance.

Those who have problems with math and numbers often file their taxes late or make ill-advised choices in other financial matters, according to Peters.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Offensive Ads Can Drive Users from Websites

iStock/Thinkstock(REDMOND, Wash.) — Like other platforms, advertising is the lifeblood of various online sites but there are times when some ads can turn out to be a real detriment.

Researchers from Microsoft, Microsoft Research and Northeastern University had participants do some online work while purposely directing them to websites that featured annoying advertisements.

Those ads considered annoying included loud noises, too much animation, poor design or an advertiser with a questionable reputation.

What the researchers learned is that the participants were less inclined to stay on pages with ads they found offensive. Meanwhile, they also had a difficult time recalling content from the web pages that featured these ads.

Therefore, the researchers surmised that while online sites might make money from being paid by advertisers, they also risked losing users by running annoying ads, not to mention people not being able to remember what was on their web pages.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Offensive Ads Can Drive Users from Websites

iStock/Thinkstock(REDMOND, Wash.) — Like other platforms, advertising is the lifeblood of various online sites but there are times when some ads can turn out to be a real detriment.

Researchers from Microsoft, Microsoft Research and Northeastern University had participants do some online work while purposely directing them to websites that featured annoying advertisements.

Those ads considered annoying included loud noises, too much animation, poor design or an advertiser with a questionable reputation.

What the researchers learned is that the participants were less inclined to stay on pages with ads they found offensive. Meanwhile, they also had a difficult time recalling content from the web pages that featured these ads.

Therefore, the researchers surmised that while online sites might make money from being paid by advertisers, they also risked losing users by running annoying ads, not to mention people not being able to remember what was on their web pages.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Is Government Headed for Another Shutdown?

Architect of the Capitol(WASHINGTON) — It’s like October 2013 all over again.

Unless Congress passes a bill to authorize funding for government agencies by midnight Thursday, the nation would be faced with another potentially catastrophic shutdown.

Unlike the partial shutdown from 14 months ago instigated by Republicans over the Affordable Care Act, this time it’s mainly Democrats who want to sabotage the $1.1 trillion spending bill.

What’s got Democrats in a tizzy are provisions tacked onto the legislation that would gut the Dodd-Frank law on banking regulations that they claim would put the nation back in the precarious position of September 2008 that almost sank the world’s financial institutions.

On top of that, Democrats are upset with new rules that would allow wealthy donors to contribute ten times the current limit of $32,000 to political parties.

House Minority Leader Nancy Pelosi called that provision “destructive” to both the middle class and democracy in general.

Adding to the crisis is anywhere from 40 to 60 Tea Party-leaning Republicans who are unhappy that the spending bill doesn’t withhold funds from the Department of Homeland Security in opposition to President Obama’s executive action on immigration reform.

House Speaker John Boehner, who vowed previously that there would be no government shutdown, has his work cut out for him Thursday.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Is Government Headed for Another Shutdown?

Architect of the Capitol(WASHINGTON) — It’s like October 2013 all over again.

Unless Congress passes a bill to authorize funding for government agencies by midnight Thursday, the nation would be faced with another potentially catastrophic shutdown.

Unlike the partial shutdown from 14 months ago instigated by Republicans over the Affordable Care Act, this time it’s mainly Democrats who want to sabotage the $1.1 trillion spending bill.

What’s got Democrats in a tizzy are provisions tacked onto the legislation that would gut the Dodd-Frank law on banking regulations that they claim would put the nation back in the precarious position of September 2008 that almost sank the world’s financial institutions.

On top of that, Democrats are upset with new rules that would allow wealthy donors to contribute ten times the current limit of $32,000 to political parties.

House Minority Leader Nancy Pelosi called that provision “destructive” to both the middle class and democracy in general.

Adding to the crisis is anywhere from 40 to 60 Tea Party-leaning Republicans who are unhappy that the spending bill doesn’t withhold funds from the Department of Homeland Security in opposition to President Obama’s executive action on immigration reform.

House Speaker John Boehner, who vowed previously that there would be no government shutdown, has his work cut out for him Thursday.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Car Slams into Pedestrians, Forever 21 Store in New York City

ABC News/Michele Mayer(NEW YORK) — A car jumped a curb and slammed into a group of people in New York City Wednesday, smashing into a Forever 21 store and leaving six pedestrians injured.

The accident happened after 10 p.m. along West 34th Street near 6th Avenue, according to WABC-TV.

The injured pedestrians — along with the driver — were hospitalized, WABC-TV reports.

The injuries are not believed to be life-threatening.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Kohl’s to Keep Stores Open for More than 100 Consecutive Hours Leading Up to Christmas

Photo by Douglas McFadd/Getty Images(NEW YORK) — Kohl’s Department Stores announced earlier this week that it would keep its stores open for more than 100 consecutive hours leading up to Christmas Eve.

According to a press release, the company’s stores will not close from 6 p.m. on Dec. 19 through 6 p.m. on Christmas Eve. The company also touted its savings and convenience. “Customers can rely on us around the clock for their last-minute gift giving solutions, and we are providing 24-hour access to Kohl’s stores right up to Christmas Eve,” Michelle Gas, Kohl’s chief customer officer, said.

Kohl’s has about 1,200 stores in the United States.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Kohl’s to Keep Stores Open for More than 100 Consecutive Hours Leading Up to Christmas

Photo by Douglas McFadd/Getty Images(NEW YORK) — Kohl’s Department Stores announced earlier this week that it would keep its stores open for more than 100 consecutive hours leading up to Christmas Eve.

According to a press release, the company’s stores will not close from 6 p.m. on Dec. 19 through 6 p.m. on Christmas Eve. The company also touted its savings and convenience. “Customers can rely on us around the clock for their last-minute gift giving solutions, and we are providing 24-hour access to Kohl’s stores right up to Christmas Eve,” Michelle Gas, Kohl’s chief customer officer, said.

Kohl’s has about 1,200 stores in the United States.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

ESPN: Phillies Trade Rollins to Dodgers

Mitchell Leff/Getty Images(NEW YORK) — Switch-hitting shortstop Jimmy Rollins was traded to the Los Angeles Dodgers, according to ESPN’s Buster Olney.

The Dodgers acquire Rollins from the Philadelphia Phillies, the team he’s played with for all 15 of his major league seasons. It is not yet known what the Phillies received in return.

The 36-year-old Rollins replaces Hanley Ramirez, who signed with the Red Sox as a free agent.

Rollins had a storied career in Philadelphia, winning the National League MVP in 2007 and helping the team win the World Series in 2008. He is the franchise’s all-time leader in hits, at-bats and doubles.

Rollins is in the final year of his contract and will make $11 million this season.

Rollins played in 138 games for the Phillies last season, hitting .243 with 78 runs scored, 17 home runs, 55 RBIs and 28 stolen bases.

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →

Man Survived 12 Days Stranded at Sea by Eating Fish, Rigging Radio

ABC News(HONOLULU) — New video shows the fisherman who was lost at sea for 12 days finally returning to shore.

U.S. Coast Guard officials described Ron Ingraham, 67, as “weak, hungry and dehydrated” when they found him aboard his waterlogged sailboat Tuesday, but he appeared to be in good spirits in the new clip.

“How you gentlemen doing?” Ingraham asked, as seen in the video.

His radio was destroyed and he was knocked into the water after a rogue wave slammed his boat, Ingraham told ABC News Wednesday.

“But I had a rope so I towed myself in,” he said, adding that he survived on fish and tried to rig his radio with a coat hanger and some wire.

“I’m a fisherman so I caught fish; it wasn’t as good as a sushi bar, but that’s how I hydrated,” he said.

A rescue crew transferred him and his 25-foot sailboat, Malia, to safe shores Wednesday in Molokai, Hawaii. Ingraham had been missing since Nov. 27, when he placed two mayday calls, saying his boat was in danger of sinking, officials said.

The Coast Guard was unable to find him and suspended the search Dec. 1.

But on Tuesday, Ingraham, who lives on his boat, placed one final mayday call, and was found aboard his boat 64 miles south of Honolulu.

“I thought I was going to die,” he said. “I hung in there. It took mental discipline. But these guys are real heroes and they save people’s lives. I owe it all to them.”

His rescue might even lead to a reunion with a son he hasn’t seen since the 1990s. Zakary Ingraham, who grew up in Hawaii but now lives in Missouri with his family, told ABC News Wednesday he’s trying to come up with the money to visit his dad.

“I kind of didn’t feel it in my bones that he was gone,” he said.

He first heard that his father was missing when the Coast Guard called him Dec. 1 to tell him they were suspending the search.

“Somehow, he managed to MacGyver a way to make that last call, and it saved his life,” Zakary Ingraham said. “I hear he has reached land and his boat has reached the dock. It’s all good.”

More ABC US news | ABC World News

Follow @ABCNewsRadio
Copyright 2014 ABC News Radio

Read More →