Latest Family finances News

Women and children sit idle at a migrant camp amid the new coronavirus pandemic in Lajas Blancas, Darien province, Panama, Saturday, Aug. 29, 2020. In Lajas Blancas, the migrants did not wear masks or practice social distancing, but Panama's Public Security Minister Juan Pino said there have not been more than 10 infections among the migrants. (AP Photo/Arnulfo Franco)

Stalled by pandemic, migrants press in quest for better life

Sep. 7, 2020 10:10 AM EDT

LAJAS BLANCAS, Panama (AP) — Duperat Laurette fled Haiti after her country's massive 2010 earthquake, making her way first to the Dominican Republic, then Chile and five years later to Panama, all with the dream of reaching the U.S. and finding a job to help support 14 siblings left behind in Haiti. The...

Anna Hamilton, 43, center, poses for a photograph with her sons, Henry, 6, left, and Adrian, 7, right, in their home on Monday, Aug. 24, 2020, in Decatur, Ga.  Hamilton is taking leave from her job at a small investment firm where she has worked for 12 years so she can guide her children through remote schooling. Looking back, she sees how childcare responsibilities, doctor visits, school pick-ups, lining up babysitters, often fell on her as the parent with the more flexible job. (AP Photo/Brynn Anderson)

Child care crisis pushes US mothers out of the labor force

Sep. 5, 2020 9:16 AM EDT

NEW YORK (AP) — Angela Wynn had just launched her own project management business, hitting a career stride after years of struggle that began with earning an undergraduate degree as a single mother. Then the coronavirus pandemic hit, forcing many schools to shift online. The now-married mother of five saw...

Chicago Alderman Tom Tunney poses inside his main Ann Sather restaurant, Tuesday, Sept. 1, 2020, in Chicago. Tunney estimates he's put $250,000 of his own money into running his three Ann Sather restaurants.  (AP Photo/Charles Rex Arbogast)

Business owners tap into savings to withstand pandemic

Sep. 2, 2020 2:52 PM EDT

NEW YORK (AP) — When the coronavirus outbreak forced cruise lines to cancel trips to Alaska, it wiped out Midgi Moore’s tour business, leaving her with thousands of dollars in deposits to refund. Moore’s company, Juneau Food Tours, didn’t have enough cash on hand. So, she withdrew...

President Donald Trump, right, sits with his daughter Ivanka Trump during and event about the

Ivanka Trump to introduce dad at RNC as 'people's president'

Aug. 26, 2020 3:03 PM EDT

WASHINGTON (AP) — When she introduces her father at the Republican National Convention on Thursday, Ivanka Trump intends to focus on the help he's offered working families along with personal insights into how he makes decisions, according to two people with direct knowledge of her plans. Ivanka Trump will...

FILE - In this Wednesday, Aug. 19, 2020 file photo, Nova Blanche Forman Elementary School teacher Attiya Batool, teaches her 4th grade class virtually as her son, Nabeel, does his second grade classwork online wearing a face mask and headphones during the first day of school in Broward, in Davie, Fla. This year, many families are dealing with a first: building their back-to-school shopping plans around distance learning. As the COVID-19 pandemic leads students to take on instruction at home rather than in the classroom, consumers expect to spend more on back-to-school purchases in 2020 than last year.  (Emily Michot/Miami Herald via AP, File)

Distance learning can fit into your back-to-school budget

Aug. 26, 2020 7:39 AM EDT

For many students, “going back to school” this fall could be just a figure of speech. As the pandemic persists, the decision about whether to allow in-person learning or keep classrooms closed is coming down to the wire. The possibilities of distance learning are influencing how much families...

FILE - In this April 30, 2020 file photo, a man writes information in front of Illinois Department of Employment Security in Chicago. It's the paradox of a pandemic that has crushed the U.S. economy: There are 12.9 million job losses and a dangerous rash of closed business, yet the personal finances of many Americans have remained strong, and in some ways have even improved.  A new poll by The Associated Press-NORC Center for Public Affairs Research shows that 45% of Americans say they’re setting aside more money than usual. Twenty-six percent are paying down debt faster than they were before the coronavirus pandemic. In total, about half of Americans say they’ve either saved more or paid down debt.  (AP Photo/Nam Y. Huh, File)

AP-NORC poll: Many in US shoring up finances amid downturn

Aug. 25, 2020 10:58 AM EDT

WASHINGTON (AP) — It's the paradox of a pandemic that has crushed the U.S. economy: 12.9 million lost jobs and a dangerous rash of businesses closing, yet the personal finances of many Americans have remained strong — and in some ways have even improved. A new poll from The Associated Press-NORC...

A view of Saginaw Avenue in downtown Flint, Mich, Thursday, Aug. 20, 2020. Michigan Gov. Gretchen Whitmer says a proposed $600 million deal between the state of Michigan and Flint residents harmed by lead-tainted water is a step toward making amends. Officials announced the settlement Thursday, which must be approved by a federal judge. (AP Photo/Carlos Osorio)

Whitmer: $600M Flint water deal a step toward making amends

Aug. 20, 2020 7:07 PM EDT

LANSING, Mich. (AP) — A $600 million deal between the state of Michigan and Flint residents who were harmed by lead-tainted water is a step toward making amends for a disaster that upended life in the poor, majority-Black city, Gov. Gretchen Whitmer said Thursday. State officials and lawyers for Flint...

This image released by Bill Hill shows Mary Hill, left, and her husband Bill, right, with their 8-year-old grandson in suburban Phoenix. The 72-year-old Bill, a former college sports administrator, and 70-year-old Mary, who worked as a nurse practitioner, volunteered to keep Will five days a week and oversee distance learning after their son and daughter-in-law were required to report in person to the school where they teach. (Bill Hill via AP)

Working families enlist grandparents to help with the kids

Aug. 20, 2020 1:02 PM EDT

NEW YORK (AP) — Gone, for now, are the days when retirees Bill and Mary Hill could do whatever they please. Since school started for their only grandchild, they're not leisurely reading the morning newspaper, dawdling over a sudoku or staying holed up in their Colorado cabin to beat the Arizona heat....

Democratic vice presidential candidate Sen. Kamala Harris, D-Calif., speaks during the third day of the Democratic National Convention, Wednesday, Aug. 19, 2020, at the Chase Center in Wilmington, Del. (AP Photo/Carolyn Kaster)

The Latest: Harris makes history in accepting VP nomination

Aug. 20, 2020 1:38 AM EDT

WASHINGTON (AP) — Kamala Harris has made history night as the first Black woman to accept a spot on a major party’s presidential ticket. In her highly anticipated address capping the third night of the virtual Democratic National Convention, Harris mixed her polish as a former prosecutor with deeply...

FILE - In this Sunday, June 2, 2019 file photo, Spain's former King Juan Carlos waves during a bullfight at the bullring in Aranjuez, Madrid, Spain. Spain's royal household said on Monday Aug. 17, 2020, that former monarch Juan Carlos is in the United Arab Emirates, resolving a mystery over his whereabouts that has swirled in Spain since he announced he was leaving the country amid a growing financial scandal. (AP Photo/Andrea Comas, File)

Ex-Spanish king confirmed to be in UAE amid financial probes

Aug. 17, 2020 10:31 AM EDT

MADRID (AP) — Former monarch Juan Carlos I of Spain has been in the United Arab Emirates since he left his country amid a growing financial scandal, the Spanish royal household said Monday, resolving a two-week mystery and reining in speculation over the ex-king's whereabouts. The Spanish government and...