Fort Worth secures a huge federal grant to help make autonomous vehicles safer. Here's KRLD's Andrew Greenstein.

Photo Credit: Getty Images

Fort Worth secures a huge federal grant to help make autonomous vehicles safer. Here's KRLD's Andrew Greenstein.
Photo Credit: Getty Images

KRLD News

Fort Worth secures $2 million grant to make driverless vehicles safer

May is historically the wettest month of the year and we're starting the month off rather wet. Nothing was showing on the radar across North Texas on Wednesday morning, and Dallas-Fort Worth just missed the rain overnight as a complex of storms cruised along the Red River.

May is historically the wettest month of the year and we're starting the month off rather wet. Nothing was showing on the radar across North Texas on Wednesday morning, and Dallas-Fort Worth just missed the rain overnight as a complex of storms cruised along the Red River.

Rain chances increase Wednesday through the weekend

Housing affordability continues to be a conundrum for many Americans, both from the perspective of renting and buying. Recent findings from a comprehensive Bankrate study indicate a significant tilt towards renting being more economical than buying, particularly in large metropolitan areas.

Housing affordability continues to be a conundrum for many Americans, both from the perspective of renting and buying. Recent findings from a <a href="https://www.bankrate.com/real-estate/rent-vs-buy-affordability-study/" data-saferedirecturl="https://www.google.com/url?q=https://www.bankrate.com/real-estate/rent-vs-buy-affordability-study/&amp;source=gmail&amp;ust=1714571271641000&amp;usg=AOvVaw3Ukd2OTzOiMHWnShZ4kHFK">comprehensive Bankrate study</a> indicate a significant tilt towards renting being more economical than buying, particularly in large metropolitan areas.

In North Texas buying a home costs 73% more than renting

When you're trusting someone with your money, there's an expectation that they have your best interests in mind. But that's not always the case.

Jill Schlesinger writes in her latest blog: "For years I have bemoaned the fact that many financial professionals were not always required to act in the best interest of their clients, i.e., they were not required to adhere to the fiduciary standard of care. Instead, brokers and insurance reps who sold securities products were held to a lower standard of care called “suitability,” which meant that what they recommended had to clear the low bar of what is suitable, though not necessarily in your best interest."

But there is some progress being made on the subject. KRLD's John Liddle talked with CBS News money expert Jill Schlesinger about this hot topic.

Photo credit: Getty Images

When you're trusting someone with your money, there's an expectation that they have your best interests in mind. But that's not always the case.
Jill Schlesinger writes in <a href="https://www.jillonmoney.com/blog/progress-on-fiduciary" data-saferedirecturl="https://www.google.com/url?q=https://www.jillonmoney.com/blog/progress-on-fiduciary&amp;source=gmail&amp;ust=1714566882761000&amp;usg=AOvVaw0PZH1OisvUKIDAJxyITGsW">her latest blog</a>: "For years I have bemoaned the fact that many financial professionals were not always required to act in the best interest of their clients, i.e., they were not required to adhere to the fiduciary standard of care. Instead, brokers and insurance reps who sold securities products were held to a lower standard of care called “suitability,” which meant that what they recommended had to clear the low bar of what is suitable, though not necessarily in your best interest."
But there is some progress being made on the subject.<a href="https://www.audacy.com/krld/authors/john-liddle" data-saferedirecturl="https://www.google.com/url?q=https://www.audacy.com/krld/authors/john-liddle&amp;source=gmail&amp;ust=1714566882761000&amp;usg=AOvVaw2JmfTXYQ7p52rTMbR4z3dw"> KRLD's John Liddle</a> talked with CBS News money expert <a href="https://www.jillonmoney.com/about" data-saferedirecturl="https://www.google.com/url?q=https://www.jillonmoney.com/about&amp;source=gmail&amp;ust=1714566882761000&amp;usg=AOvVaw2WKXKeal9uucMHZ6tGPh_f">Jill Schlesinger</a> about this hot topic.
Photo credit: Getty Images

Fort Worth secures $2 million grant to make driverless vehicles safer

In 1 playlist(s)

KRLD News

Social links

Follow podcast

Recent clips