Latest Personal finance News

Where are the workers? Cutoff of jobless aid spurs no influx

Oct. 22, 2021 13:14 PM EDT

INDIANAPOLIS (AP) — Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the millions of jobs that employers were...

Saints safety Malcolm Jenkins invests in Premier League club

Oct. 22, 2021 12:47 PM EDT

Three-time Pro Bowl safety Malcolm Jenkins spent his bye week building his portfolio. Jenkins, a two-time Super Bowl champion with the Saints and Eagles, became a minority investor in the Premier League’s Burnley Football Club this week after touring historic Turf Moor...

Ex-Boston Grand Prix CFO pleads guilty to fraud, tax charges

Oct. 22, 2021 09:22 AM EDT

BOSTON (AP) — The former chief financial officer of the organization that tried to bring an IndyCar race to Boston has pleaded guilty to multiple fraud and tax evasion charges connected to the race and other business interests, and for improperly receiving almost $700,000 in pandemic relief...

France offers motorists cash assistance to help pay for fuel

Oct. 21, 2021 15:32 PM EDT

PARIS (AP) — French Prime Minister Jean Castex announced on Thursday that millions of lower- and medium-income motorists would each be given 100 euros ($116) in one-off financial assistance to help them cope with rising gasoline prices. Castex said on TF1 television it...

Existing home sales surge as interest rates point higher

Oct. 21, 2021 11:50 AM EDT

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as mortgage rates tick higher, motivating buyers to get off the sidelines. The National Association of Realtors said Thursday that existing homes sales rose 7%...

Inflation, Fed action set stage for higher mortgage rates

Oct. 21, 2021 11:33 AM EDT

LOS ANGELES (AP) — Mortgage rates have hovered near all-time lows for much of this year, even as inflation has increased sharply across much of the economy. That could begin to change in the weeks to come, now that the Federal Reserve has signaled it could announce as...

Hospital workers give notice of possible strike

Oct. 21, 2021 11:31 AM EDT

HUNTINGTON, W.Va. (AP) — Maintenance and service union workers at a West Virginia hospital have given notice that they intend to strike if a new contract isn't reached soon. The Service Employees International Union voted Wednesday in favor of giving a 10-day strike...

Asian shares mixed after Evergrande sale deal called off

Oct. 20, 2021 23:59 PM EDT

Shares are mixed in Asia after major Chinese property developer Evergrande said a plan to sell its property management arm to a smaller rival had fallen through. Shares slipped in Hong Kong and Tokyo but rose in most other regional markets. China...

Idaho sends out $169M in one-time income tax rebates

Oct. 20, 2021 17:59 PM EDT

BOISE, Idaho (AP) — Some 645,000 income tax rebates totaling $169 million have been sent out so far this year, an Idaho official said Wednesday. Idaho Division of Financial Management Administrator Alex Adams told lawmakers on a finance committee that the average rebate...

What's in, and what's out, as Democrats trim Biden bill

Oct. 20, 2021 17:47 PM EDT

WASHINGTON (AP) — After months of talks, Democrats are edging closer to an agreement on what programs and policies to include in President Joe Biden's massive plan to expand health and safety net programs and combat global warming. The plan seems likely to include an...