Latest Personal finance News

People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Jan. 24, 2020. Shares are mostly higher in quiet trading as China closes down for its week-long Lunar New Year festival. (AP Photo/Eugene Hoshiko)

Asian markets gain as China closes down for Lunar New Year

Jan. 24, 2020 12:08 AM EST

BANGKOK (AP) — Shares were mostly higher in quiet trading on Friday in Asia as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Japan's Nikkei 225 index rose less than 0.1% to 23,811.54 and in...

DNA privacy proposal heads to Florida House

Jan. 23, 2020 3:59 PM EST

TALLAHASSEE, Fla. (AP) — Legislation in Florida to bar insurance companies from using home genetic testing kits in making underwriting decisions is headed to the House floor, after a panel on Thursday voted unanimously in favor of the proposal. The bill's sponsor, Rep. Chris Sprowls, who is next in line to...

A glance at US mortgage rates: 30-year loan at 3.60%

Jan. 23, 2020 12:14 PM EST
This week Last week Year ago 30-year fixed 3.60 3.65 4.45 15-year fixed 3.04 3.09 3.88 5-year adjustable 3.28 3.39 3.90
In this Jan. 9, 2020, photo a sold sign is posted on a real estate sign in front of the foundation of a pre-constructed home in Derry, N.H. On Thursday, Jan 23, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Charles Krupa)

Long-term US mortgage rates slump to 3-month lows

Jan. 23, 2020 11:27 AM EST

WASHINGTON (AP) — U.S. long-term mortgage rates fell this week to their lowest level in three months, deepening the incentive for prospective homebuyers although they face eroded affordability as prices continue to climb. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year...

Private university offers tuition cut to regional students

Jan. 23, 2020 5:11 AM EST

HARTSVILLE, S.C. (AP) — Students who live near a private university in South Carolina could receive at least 50% off their tuition to attend the school, bringing costs down near the price of public universities in the state. Coker University in Hartsville, formerly known as Coker College, announced the...

CORRECTS TO JAN. 22, 2020-South Carolina Gov. Henry McMaster delivers the State of the State address at the South Carolina Statehouse, Wednesday, Jan. 22, 2020, in Columbia, S.C. (AP Photo/Sean Rayford)

Governor asks SC in speech to boldly roar into the 20s

Jan. 22, 2020 9:56 PM EST

COLUMBIA, S.C. (AP) — Gov. Henry McMaster said South Carolina is booming under his leadership, but needs to take bold action to make sure schoolchildren don't fall behind and let the state continue to prosper. McMaster delivered the governor's annual State of the State address to legislators on Wednesday....

Text of South Carolina governor's State of the State address

Jan. 22, 2020 7:04 PM EST

COLUMBIA, S.C. (AP) — The text of South Carolina Gov. Henry McMaster's 2020 State of the State address as prepared. ___ Mr. Speaker, Mr. President, ladies and gentlemen of the General Assembly, constitutional officers, my fellow South Carolinians: I begin tonight by recognizing those South Carolinians in...

The Neb. Revenue Committee hears the testimony of Dave Welsch of Milford Public Schools, center, who spoke in opposition to LB 974, a plan to lower Nebraska property taxes, in Lincoln, Neb., Wednesday, Jan. 22, 2020. The plan appears to have enough support to advance out of the Legislature's Revenue Committee, but the state's largest school groups are promising to fight it. (AP Photo/Nati Harnik)

Nebraska farm, business groups spar over property tax bill

Jan. 22, 2020 6:22 PM EST

LINCOLN, Neb. (AP) — A bill that would lower Nebraska’s property taxes by shifting more state aid to schools won support Wednesday from the state’s top agricultural and business groups but faced strong opposition from schools that don’t want restrictions on their taxing power and...

Critics: consumers should be wary of short-term health plans

Jan. 22, 2020 5:09 PM EST

FORT LAUDERDALE, Fla (AP) — Consumers who bought short-term health insurance thinking they had found a better deal than “Obamacare” during the open enrollment season may be in for a shock when they show up at their doctor’s office this year. The low-cost plans aren't required to cover...

FILE - In this Dec. 22, 2017, file photo people shop at the Pentagon City Mall in Arlington, Va. Clothing retailers, particularly those in malls, have been devastated by changing consumer behavior. More than 9,000 stores were shuttered last year. (AP Photo/Susan Walsh, File)

Express, seeking revival, to close 100 stores

Jan. 22, 2020 4:49 PM EST

NEW YORK (AP) — Express, a staple in U.S. malls, will close about 100 stores as part of a restructuring plan as the chain grapples with drastic changes in where people spend their shopping dollars. The retailer that caters to younger shoppers said earlier this month that it was laying off 10% of the staff...