Latest Personal finance News

Cut-rate prices online: shoppers' win, businesses lose

Jun. 26, 2019 4:13 PM EDT

NEW YORK (AP) — A bride-to-be looking for a gown online can find dresses with trains and lace for well under $300. Go into a local bridal shop, and the average price will stretch into four figures, taking some shoppers by surprise. That kind of price disparity puts small businesses at a big disadvantage....

Investment pays off as Europe dominates Women's World Cup

Jun. 26, 2019 3:33 PM EDT

LE HAVRE, France (AP) — Even Netherlands forward Lineth Beerensteyn had to check that the number was right. "Oh my God — seven," she exclaimed. "That's a lot." Europe sure is dominating this Women's World Cup. The Netherlands made it a record seven European teams in the quarterfinals by knocking out...

When electric scooters crash, who pays the bills?

Jun. 26, 2019 10:23 AM EDT

NEW YORK (AP) — We've all seen reports about head injuries, traffic accidents and even deaths that electric scooter riders have suffered as the popular new mobility option has pushed onto the streets in more than 100 cities worldwide. Despite the dangers, riders are exposing themselves to liability and are...

Prosecutor says Hawaii police chief, wife abused positions

Jun. 25, 2019 9:29 PM EDT

HONOLULU (AP) — The former police chief of Honolulu and his wife, a former deputy prosecutor, abused their positions in an attempt to silence a relative who could have exposed the financial fraud that funded their lavish lifestyle, a U.S. prosecutor said Tuesday. The contention came during closing...

Former Arkansas lawmaker pleads guilty in corruption cases

Jun. 25, 2019 6:52 PM EDT

LITTLE ROCK, Ark. (AP) — A former Arkansas lawmaker who is Gov. Asa Hutchinson's nephew pleaded guilty Tuesday to accepting bribes and filing a false tax return, part of an agreement with federal prosecutors in a sprawling corruption probe. Former state Sen. Jeremy Hutchinson, who is the son of former U.S....

Kushner tries to sell Mideast plan to skeptical audience

Jun. 25, 2019 6:29 PM EDT

MANAMA, Bahrain (AP) — President Donald Trump's son-in-law and senior adviser, Jared Kushner, appealed Tuesday for the Palestinians to consider a $50 billion economic support plan, even though they already rejected the proposal because it does not include a political resolution to the long-running conflict...

Millennial Money: How to join the cannabis business boom

Jun. 25, 2019 11:01 AM EDT

Marijuana is having a moment. Experts recently dubbed cannabis the fastest-growing industry in the U.S. Legal weed generated $10.4 billion in the United States in 2018, and the number of "plant-touching" jobs is expected to pass 500,000 by 2022 , according to New Frontier Data, a cannabis market research and data...

Trump signs order that aims to reveal real health care costs

Jun. 24, 2019 5:26 PM EDT

WASHINGTON (AP) — President Donald Trump signed an executive order Monday that calls for upfront disclosure by hospitals of actual prices for common tests and procedures to help keep costs down . The idea is to give patients practical information that they can use to save money. For example, if a hospital...

What the SEC's new 'best interest' rule means for you

Jun. 24, 2019 10:37 AM EDT

The SEC recently passed new regulations it says will ensure that brokers act in their clients' "best interest." But what does that mean for you? THE RULE Brokers and advisers must disclose information about fees, costs and potential conflicts of interest. THE ISSUE Consumer advocates have long argued for more...

Liz Weston: 3 sites to help aging parents organize details

Jun. 24, 2019 7:36 AM EDT

Certified financial planner Sean Fletcher of San Francisco knew his dad had an estate plan, complete with a health care directive detailing what medical treatment should be given in an emergency. When the father had a massive heart attack, though, no one knew where he kept those documents. Fletcher's family was...