Latest Personal investing News

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...

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...

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: Make your money last in retirement

Jun. 17, 2019 7:21 AM EDT

Many people worry about running out of money in retirement. That's understandable, since we don't know how long we'll live, what your future costs might be and what kind of returns we can expect on our savings. There are several ways, however, to boost the odds that your money will last as long as you need it....

Oil surges on Mideast tanker incident, stocks rise

Jun. 13, 2019 8:06 AM EDT

SINGAPORE (AP) — World stocks mostly rose Thursday and energy prices surged after two oil tankers suffered a suspected attack in the Gulf of Oman, raising tensions over a key trade route for crude. The price of Brent crude oil, the international standard, jumped nearly 4% to $62.24 a barrel on the news. ...

Asian shares mixed on jitters over Hong Kong protests

Jun. 13, 2019 12:12 AM EDT

SINGAPORE (AP) — Asian stocks were mixed on Thursday as protesters in Hong Kong vowed to keep opposing a proposed extradition bill they fear would whittle down the Chinese territory's legal autonomy. The protests threaten to shake confidence in the hub for many regional and international businesses and...

Massive extradition bill protest fills Hong Kong streets

Jun. 9, 2019 4:02 PM EDT

HONG KONG (AP) — Hundreds of thousands of protesters marched through Hong Kong on Sunday to voice their opposition to legislation that would allow people to be extradited to mainland China where they could face politically charged trials. The massive demonstration took place three days before the...

India's central bank cuts lending rate to 5.75%

Jun. 6, 2019 5:26 AM EDT

NEW DELHI (AP) — India's central bank on Thursday cut its key interest rate by a quarter of a percentage point to 5.75% with immediate effect to fortify the economy as consumer spending and corporate investment falter. The benchmark interest rate is what the Reserve Bank of India charges on lending to...

SEC to require brokers only to reveal financial conflicts

Jun. 5, 2019 2:06 PM EDT

WASHINGTON (AP) — Stockbrokers will have to divulge their potential conflicts of interest to clients when they give them investment advice under action taken Wednesday by federal regulators. The regulation adopted by the Securities and Exchange Commission will also require brokerages to eliminate sales...

US stock indexes end mixed; Nasdaq slumps on big tech slide

Jun. 3, 2019 5:41 PM EDT

Major U.S. stock indexes ended mostly lower Monday amid signs that the Trump administration is laying the groundwork to ratchet up scrutiny on some of the market's biggest names: Apple, Facebook, Amazon and Google. Google's parent Alphabet lost 6.1% and Facebook sank 7.5%. Apple shed 1% on the day that the iPhone...