Latest Personal spending News

Nonprofit pays mortgages for families of fallen officers

Dec. 5, 2020 9:28 AM EST

CHICAGO (AP) — A New York-based nonprofit that honors first responders has announced it has paid off mortgages on the homes of three Chicago police officers and two Illinois State Police troopers killed in the line of duty during the past two years. In a news release, the Tunnel to Towers Foundation said...

FILE - In this Dec. 16, 2019, file photo, is a man walking past a Pacific Gas and Electric sign on a PG&E building in San Francisco. PG&E's household customers will be hit with an average rate increase of 8% to help the once-bankrupt utility pay for improvements designed to reduce the risks that its outdated equipment will ignite deadly wildfires in its Northern California service territory. The higher prices, effective March 1, are expected to boost the bills of PG&E's residential customers by an average of $13.44 to per month.  (AP Photo/Jeff Chiu, File)

PG&E rate hike aimed at improvements to ease fire risk

Dec. 3, 2020 7:54 PM EST

SAN RAMON, Calif. (AP) — Pacific Gas & Electric's household customers will be hit with an average rate increase of 8% to help the once-bankrupt utility pay for improvements designed to reduce the risks that its outdated equipment will ignite deadly wildfires in its Northern California service...

A student checks the time as others wait for the start of the annual college entrance examination amid the coronavirus pandemic at an exam hall in Seoul, South Korea, Thursday, Dec. 3, 2020. South Korean officials are urging people to remain at home if possible and cancel gatherings as about half a million students prepare for a crucial national college exam. (Kim Hong-Ji/Pool Photo via AP)

The Latest: Young S. Koreans taking crucial university exam

Dec. 3, 2020 3:45 AM EST

SEOUL, South Korea — Hundreds of thousands of masked students in South Korea, including 35 COVID-19 patients, are taking the country’s highly competitive university entrance exam despite a viral resurgence that has forced authorities to toughen social distancing rules. The Education Ministry says...

COVID-19 outbreak at employment department slows operations

Dec. 2, 2020 8:27 PM EST

SALEM, Ore. (AP) — An 11-person COVID-19 outbreak at the Wilsonville office of the Oregon Employment Department will likely cause further delays in handling claims, officials said. The outbreak “will cause real disruptions in our ability to get work at the pace we have been,” said David...

Shoppers walk in a rainstorm, Monday, Nov. 30, 2020 in New York. With people staying home as virus cases surge, Cyber Monday is expected to be the biggest online shopping day yet, bringing in nearly $13 billion in one day. (AP Photo/Mark Lennihan)

This holiday season, everyone is shopping from home

Nov. 30, 2020 5:42 PM EST

NEW YORK (AP) — The viral pandemic is accelerating a transformation of America's holiday shopping season. Few people showed up at the mall this weekend, with millions of pandemic-wary shoppers staying home to shop online. The result? Overall holiday sales are projected to rise a slight 0.9% in November...

People wearing face masks walk past as barber Matthew Jones stands inside his temporarily closed 'Sharpes Barbers' whilst putting up Christmas lights in the front windows in readiness for when he will be allowed to reopen for business when England's second coronavirus lockdown is due to end on December 2, on Broadway Market in Hackney, east London, Tuesday, Nov. 17, 2020. Small businesses around the world are fighting for survival amid the economic fallout from the coronavirus pandemic. Whether they make it will affect not just local economies but the fabric of communities.(AP Photo/Matt Dunham)

On London street, virus forces small shops to adapt or close

Nov. 30, 2020 2:32 AM EST

LONDON (AP) — In late October, Matthew Jones was enjoying a rare “bit of normality” at his London barber shop in a year that has been short on that. He was cutting hair and laughing with colleagues — when the news landed that the business would have to close for the second time. Jones,...

Amanda Perrone shops for Christmas decorations on Black Friday, at Corky's Garden Path Greenhouse in Scott Twp., Pa. on Friday, Nov. 27, 2020. (Christopher Dolan/The Times-Tribune via AP)

VIRUS TODAY: Black Friday shoppers stay home

Nov. 29, 2020 12:52 PM EST

Here's what's happening Friday with the coronavirus pandemic in the U.S.: THREE THINGS TO KNOW TODAY — The coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a small beacon of hope for struggling retailers after months of...

Virus news: Businesses see holiday shopping challenges

Nov. 28, 2020 5:47 PM EST

A look at coronavirus developments around New England: ___ CONNECTICUT The marketing director of a New Haven theater who has watched the toll the coronavirus has taken on his industry is fighting back — by enrolling in a vaccine trial. Anthony Lupinacci was among more than 43,000 volunteers across the...

Shoppers pass an Indigo Friday 40% Off sign Saturday, Nov. 28, 2020, on Chicago's famed Magnificent Mile shopping district. (AP Photo/Charles Rex Arbogast)

Black Friday sees record online as US shoppers stay home

Nov. 28, 2020 4:27 PM EST

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the previous record...

Posters on precautions against the coronavirus are displayed at a subway station in Seoul, South Korea, Tuesday, Nov. 24, 2020. The signs on posters read

Correction: Virus Outbreak-The Latest story

Nov. 27, 2020 7:31 PM EST
In a story Nov. 25, 2020, about a new U.S. estimate of missed coronavirus infections, The Associated Press erroneously reported an earlier calculation by the Centers for Disease Control and Prevention. Previously, the CDC estimated nine of every 10 cases were being missed, not one of every 10.