Latest Personal finance News

Warren, Buttigieg scrap puts Democratic divide on display

Dec. 7, 2019 12:28 AM EST

WASHINGTON (AP) — Elizabeth Warren has spent weeks absorbing attacks from moderate rivals looking to blunt her surging campaign for the Democratic presidential nomination. Now, as the Massachusetts senator risks losing momentum, she's starting to hit back. After a Democratic Party fundraiser in Boston on...

Bipartisan Medicare drug bill gets makeover to lower copays

Dec. 6, 2019 9:11 PM EST

WASHINGTON (AP) — A bipartisan Senate bill to curb prescription drug costs for Medicare recipients got a makeover Friday to lower copays and make it easier for seniors to budget for their expenses. The updated legislation unveiled by Sens. Chuck Grassley, R-Iowa, and Ron Wyden, D-Ore., would lower the...

US firms keep hiring, easing worries of weakening economy

Dec. 6, 2019 5:45 PM EST

WASHINGTON (AP) — American businesses have complained for years that they can’t find the workers they need to fill available jobs. November’s robust hiring gain suggests that at least some have found a way to do so. With the unemployment rate now at a half-century low of 3.5%, many economists...

Hitting the plastic: US credit card use jumped in October

Dec. 6, 2019 5:16 PM EST

WASHINGTON (AP) — U.S. consumers ramped up their credit card spending in October. The Federal Reserve said Friday that total consumer borrowing rose in October by a seasonally adjusted $18.9 billion, up from a September increase of $9.6 billion. It was the biggest increase in borrowing in three months and...

Senators urge Medicare to allow seniors a drug plan do-over

Dec. 6, 2019 3:44 PM EST

WASHINGTON (AP) — Leading senators are urging Medicare to allow seniors concerned about their drug plan pick for next year to switch if they received inaccurate information due to changes the agency made this sign-up season. The request from 14 Democrats and one Independent comes as open enrollment for...

Correction: NerdWallet-These Employers Pay story

Dec. 6, 2019 3:38 PM EST

In a story Nov. 14 about companies’ student loan repayment help, The Associated Press — in an article supplied by the personal finance website NerdWallet — reported erroneously what Raytheon employees can receive through the program. The program does not allow employees to use the company...

Amazon says delivery times back to normal after delays

Dec. 6, 2019 3:32 PM EST

NEW YORK (AP) — Amazon said Friday that it's back to delivering its packages on time after bad weather and a rush of orders caused some delays earlier in the week. “We quickly re-balanced capacity and it’s all systems go now,” tweeted Amazon executive Dave Clark, who oversees Amazon's...

ASK A DESIGNER: Design-friendly holiday gifts they'll love

Dec. 6, 2019 12:50 PM EST

Home decor accessories can make great hostess gifts or holiday gifts, but how do you choose something you know the recipient will want? Unless you're sure of someone's personal style, it can be hard to choose larger things like vases or candlesticks, says New York-based interior designer Jenny Dina Kirschner....

Senate passes bill to save funding for black colleges

Dec. 5, 2019 6:23 PM EST

The Senate on Thursday passed a bipartisan deal that would permanently restore funding to historically black colleges and universities and other schools that serve large shares of minority students. The legislation also would simplify the federal form used to apply for student financial aid. Although the amended...

Pelosi sets Medicare showdown on drug costs and new benefits

Dec. 5, 2019 5:02 PM EST

WASHINGTON (AP) — The House will hold a showdown vote next week on Speaker Nancy Pelosi's bill empowering Medicare to negotiate drug prices, expanded Thursday to provide seniors with dental, vision and hearing benefits not currently covered. Leading Democratic committee chairmen said the Congressional...