Latest Personal finance News

Man, wife plead guilty to running Ponzi scheme

Nov. 18, 2019 5:07 PM EST

NEWARK, N.J. (AP) — A northern New Jersey couple has pleaded guilty to ripping off investors for more than $500,000 in a Ponzi scheme. Alcibiades Cifuentes and Jennifer Wee Cifuentes have admitted in federal court in Newark that they took money from about 25 people, purportedly to invest in the foreign...

Don’t overlook splashy coffee table books as holiday gifts

Nov. 18, 2019 2:36 PM EST

NEW YORK (AP) — Art, architecture, music or travel: Coffee table books can fill just the right gift niche, especially when the cost would be budget-busting if you bought one for yourself. Offerings abound at holiday time. Some suggestions: HOMES: “Architectural Digest: AD at 100, a Century of...

Liz Weston: 5 financial tasks you should tackle by year-end

Nov. 18, 2019 2:18 PM EST

A task without a deadline is just wishful thinking. Sometimes, you can get away with procrastinating. If you never get around to alphabetizing your spices, no one’s life will change. But putting off some tasks could have a huge impact on loved ones. The close of the year is a good time to set some firm...

Trump asks justices for temporary block of House subpoena

Nov. 15, 2019 3:09 PM EST

WASHINGTON (AP) — President Donald Trump wants the Supreme Court to keep House Democrats from getting his financial records at least until the justices resolve a broader fight over efforts to subpoena a sitting president’s records. Trump filed an emergency appeal with the court Friday in a case from...

Agency: Utah’s jobless rate drops to 2.5 percent in October

Nov. 15, 2019 11:28 AM EST

SALT LAKE CITY (AP) — Utah’s seasonally adjusted unemployment rate declined to 2.5 percent in October, down from 2.7 percent in September, as the state’s economy added 51,200 jobs in the prior year. Department of Workforce Services Chief Economist Mark Knold, said Thursday that...

Vape shops owner plans to fight adding vaping to smoking ban

Nov. 15, 2019 9:55 AM EST

LINCOLN, Neb. (AP) — Officials in Lincoln and Lancaster County are taking steps toward adding vaping to the local ban in indoor smoking, prompting a vow from a woman who owns three Lincoln vape product shops that she’ll fight any such effort. The Lincoln-Lancaster County Board of Health on Tuesday...

Editorials from around New England

Nov. 15, 2019 9:18 AM EST

Editorials from around New England CONNECTICUT The Sandy Hook lawsuit is about to expose how the AR-15 is marketed to Americans. That’s good news for all of us. Hartford Courant Nov. 13 The people who sell the weapon of choice for mass killers are going to have to reveal exactly how they peddle their...

School board votes to make good on scholarship mix-up

Nov. 15, 2019 4:29 AM EST

NORFOLK, Va. (AP) — A Virginia school system plans to make good on a mistaken pledge to give five high school students annual scholarships of $2,000 each. Five seniors from the class of 2019 were nominated by their Norfolk schools for a statewide award that recognizes academically successful students who...

California to overhaul insurance plan after wildfires

Nov. 14, 2019 8:18 PM EST

SACRAMENTO, Calif. (AP) — Californians who lost their home insurance because of the threat of wildfires will be able to buy comprehensive policies next year through a state-mandated plan under an order issued Thursday by the state insurance commissioner. Devastating wildfires have plagued the state in...

Ex-Gov. Deval Patrick launches ‘Hail Mary’ bid for president

Nov. 14, 2019 7:46 PM EST

CONCORD, N.H. (AP) — Deval Patrick launched what he acknowledged to be a “Hail Mary” bid on Thursday for the Democratic presidential nomination, testing whether voters sifting through an already crowded field are open to hearing from new candidates less than three months before the primary...