Latest Personal finance News

Potential delay of new long-term care payroll tax considered

Dec. 02, 2021 19:58 PM EST

OLYMPIA, Wash. (AP) — Washington Gov. Jay Inslee said Thursday he is talking to lawmakers about a potential delay in the collection of a mandatory payroll tax to fund Washington state’s new long-term care program. On Wednesday, Senate Democratic leadership sent Inslee...

NC Duke Energy customers see bill uptick due to storm costs

Dec. 02, 2021 18:43 PM EST

CHARLOTTE, N.C. (AP) — Duke Energy electric customers in North Carolina will see a new line-item charge on their bills to repay $1 billion in special bonds the company issued last week to repay the company for its infrastructure repairs after 2018 and 2019 storms. ...

$2.5B Hurricane Ida aid to Louisiana residents, businesses

Dec. 02, 2021 14:16 PM EST

BATON ROUGE, La. (AP) — Louisiana residents and businesses have received $2.5 billion in federal aid related to Hurricane Ida, the Federal Emergency Management Agency said. It said another $27.8 million has been approved in public assistance grants for local...

Donations improve how kids learn amid ongoing COVID concerns

Dec. 02, 2021 13:46 PM EST

When COVID-19 forced Claire Mansur to teach her fourth-grade reading students online instead of in the classroom, she thought about giving up as a teacher. Students at Gladstone Elementary School in Kansas City, Missouri, which serves a large population of immigrants and...

US long-term mortgage rates relatively flat this week

Dec. 02, 2021 10:19 AM EST

SILVER SPRING, Md. (AP) — The average interest rate for long-term mortgages in the U.S. remained flat this week, following the Federal Reserve suggesting that it would start tightening credit by raising its benchmark rate. Mortgage buyer Freddie Mac reported Thursday...

Data hacked for 400,000 Planned Parenthood LA patients

Dec. 01, 2021 19:48 PM EST

LOS ANGELES (AP) — The Los Angeles branch of Planned Parenthood was hit by a data breach involving about 400,000 patients, but there is no indication that the information was used “for fraudulent purposes," the group said. A hacker installed computer malware between...

Lawmakers outline insurance complaints after Hurricane Ida

Dec. 01, 2021 15:47 PM EST

BATON ROUGE, La. (AP) — Slow responses to damage claims. Constant switch-ups of insurance adjusters assessing the destruction. Low payment offers forcing people unnecessarily into litigation to get a fair deal. Louisiana lawmakers and others said Wednesday that those...

County executive accused of stealing campaign funds

Dec. 01, 2021 14:58 PM EST

ALBANY, N.Y. (AP) — A New York county executive was arrested Wednesday on allegations that he stole $3,500 in campaign funds to pay off his personal debts, Attorney General Letitia James said. Rensselaer County Executive Steve McLaughlin, 58, faces a maximum sentence of...

Should You Bank With Your Brokerage?

Dec. 01, 2021 08:21 AM EST

If you’ve invested with a brokerage firm in recent years, you may have noticed that your brokerage offers a product called a cash management account. These accounts are very similar to a checking or savings account and typically provide competitive interest rates, debit cards and other...

'Buy now, pay later' catches on just in time for holidays

Dec. 01, 2021 03:09 AM EST

SAN FRANCISCO (AP) — As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments. Fueled by several hot Silicon Valley startups as well as a push by the big credit card...