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CLEVELAND — Ohio State head football coach Urban Meyer will retire after the Rose Bowl on Jan. 1, Ohio State confirmed in a news release on Tuesday.Meyer, who led the Buckeyes to their third Big Ten title game on Saturday, is believed to be stepping down due to health reasons. 295
College students and loans seem to go hand in hand, and student loan debt is an ever increasing problem in the U.S.But it might surprise you what some college students are doing with any excess loan money they may have after paying for things like tuition, books, and housing.A study by the Student Loan Report found that approximately one out of every five students with loans have used loan money in some form to invest in cryptocurrencies—in other words, things like Bitcoin.But financial advisers caution that may not be the best decision.“My gut reaction,” said financial advisor Martin Walsh with Brown and Tedstrom, “is that it’s probably a bad idea.”Walsh said using borrowed dollars to invest in speculative assets, such as Bitcoin, would make him “very nervous.”Cryptocurrency is the formal word for a type of digital money that uses encryption to transfer funds, independently of a central bank.Walsh cautions: “buyer beware.”“There’s been a ton of talk about cryptocurrency over the last year,” Walsh said, “mostly because of the massive run up in price.”Bitcoin — the biggest player in the Crypto game—saw prices for their “coins” at around ,000 in December. But fast forward two months to February and the price plummeted to ,000.Walsh has had clients ask about it mostly because “their friends have invested in them and have made money.” But he says that as a general rule the firm he works for, Brown and Tedstrom, won’t advise clients to invest in cryptocurrency.“It seems fun and easy, and things have doubled, tripled, even quadrupled. But there’s incredible volatility in investing in bitcoin and other cryptocurrencies,” said Walsh.Paul Foley, a big supporter of the technology behind cryptocurrency, says he has invested “quite a bit” in Ethereum, another player in the cryptocurrency realm. He says anyone investing now should see this as a “10 to 15 year plan”—not a short term way to make money.“I plan on holding for a very long time,” said Foley.But even he says that the notion of using borrowed funds, i.e. student loans, to invest in speculative assets like Ethereum is “a terrible idea.”Both Foley and Walsh say anyone looking to invest in this emerging field needs to do their homework. They both believe that the more uneducated people there are who decide to jump in the market on a whim, the greater the chances of a “bubble” bursting, similar to the housing market crash of 2008. 2440

Consumers are being warned that some over-the-counter teething products for babies can pose a serious risk.The Food and Drug Administration announced Wednesday that oral health products for infants containing the pain reliever benzocaine for the temporary relief of sore gums should not be marketed or sold."If companies do not comply, the FDA will initiate a regulatory action to remove these products from the market. Also, the agency is requesting that companies add new warnings to all other benzocaine oral health products to describe certain serious risks," the FDA message says.Products with benzocaine post "serious safety risks," the FDA says. They also show no real demonstrated benefit." ... The FDA is taking steps to stop use of these products in young children and raise awareness of the risks associated with other uses of benzocaine oral health products. In addition to our letters to companies who make these products, we urge parents, caregivers and retailers who sell them to heed our warnings and not use over-the-counter products containing benzocaine for teething pain."We will also continue working with Congress to modernize our over-the-counter drug monograph regulatory framework as part of our mission to protect and promote public health," the FDA says.Read more on the announcement here. 1329
CLEVELAND — An American Airlines flight headed to Cleveland Saturday afternoon had a scary setback after the windshield cracked mid-flight, according to American Airlines.The flight, which departed from O'Hare International Airport in Chicago around 1:30 p.m., was in the air for approximately 30 minutes before a mechanical issue with the windscreen occurred and forced the flight to return to the airport, American Airlines said.American Airlines said that the plane landed safely and taxied to the gate without incident, and after changing aircraft, re-departed for Cleveland Hopkins International Airport.No injuries to any customers or crew members were reported, American Airlines said.This story was originally published by Camryn Justice on WEWS in Cleveland. 775
CLEVELAND - Cleveland Browns General Manager John Dorsey has set the record straight about the possible hiring of Condoleezza Rice. The Browns released the following statement: 194
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