Latest Personal finance News

Tax records: Pritzker, wife report $5.1M income for 2020

Oct. 16, 2021 09:45 AM EDT

CHICAGO (AP) — Illinois Gov. J.B. Pritzker and his wife M.K. Pritzker reported adjusted gross income of about $5.1 million in 2020, according to portions of his tax returns released by the billionaire Democrat's campaign. About $2.2 million of that income was taxable,...

Beshear touts relaunched Kentucky health insurance exchange

Oct. 15, 2021 17:53 PM EDT

FRANKFORT, Ky. (AP) — Saying the COVID-19 pandemic reinforced the necessity for accessible health care, Gov. Andy Beshear marked a milestone Friday for Kentucky's relaunched health insurance exchange — where consumers now can shop for health coverage for the coming year. ...

Retail sales climb despite rising prices, supply issues

Oct. 15, 2021 16:04 PM EDT

NEW YORK (AP) — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods. Retail sales rose a seasonally adjusted 0.7% in September from...

Cyprus to revoke 'golden passports' granted to 45 people

Oct. 15, 2021 11:19 AM EDT

NICOSIA, Cyprus (AP) — Cyprus' government has started procedures to revoke citizenship granted to 39 foreign nationals and six of their family members under the east Mediterranean island nation’s canceled investment-for-passports program, an official said Friday. The...

Chicago-area man gets 3 1/2 years for stealing from charity

Oct. 15, 2021 10:37 AM EDT

CHICAGO (AP) — A suburban Chicago man who pleaded guilty to stealing more than $831,000 from a charity he ran for kids with disabilities and spending the money on golf outings, luxury vacations and tickets to NBA games has been sentenced to 3 1/2 years in federal prison. ...

US average mortgage rates jump; 30-year loan at 3.05%

Oct. 14, 2021 20:26 PM EDT

WASHINGTON (AP) — Average long-term mortgage rates jumped this week, with the benchmark 30-year loan again breaching 3%. Mortgage buyer Freddie Mac reported Thursday that the average rate for a 30-year mortgage rose to 3.05% from 2.99% last week. That is its highest...

Battle over California fire insurance policies intensifies

Oct. 14, 2021 18:34 PM EDT

SACRAMENTO, Calif. (AP) — Massive wildfires are making it harder for some California homeowners to get property insurance, pitting the state's insurance commissioner against the industry in an escalating conflict that will likely stretch into 2022's statewide elections. ...

Attorney: Photo business that closed working with customers

Oct. 13, 2021 18:34 PM EDT

BISMARCK, N.D. (AP) — An attorney for a North Dakota photography business that abruptly went out of business and left many wedding couples in limbo said Wednesday the company is working to release photos and images, It's unclear whether customers who paid in advance for uncompleted work...

Burgum petition calling for support of tax relief plan

Oct. 13, 2021 15:58 PM EDT

BISMARCK, N.D. (AP) — North Dakota Gov. Doug Burgum is asking supporters to sign a petition endorsing his plan to use some of the state treasury’s bulging surpluses to offset income taxes, an unorthodox move that is perceived as an end-run on a Legislature that has signaled no appetite...

Winter heating bills set to jump as inflation hits home

Oct. 13, 2021 15:54 PM EDT

NEW YORK (AP) — Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else. With prices surging worldwide for heating oil, natural gas and other fuels, the U.S. government said Wednesday it expects households to see their...