Latest Personal spending News

Riot police form a cordon as flames shoot out from the Congress building after protesters set a part of the building on fire, in Guatemala City, Saturday, Nov. 21, 2020. Hundreds of protesters were protesting in various parts of the country Saturday against Guatemalan President Alejandro Giammattei and members of Congress for the approval of the 2021 budget that reduced funds for education, health and the fight for human rights. (AP Photo/Oliver De Ros)

Protesters torch Guatemala's Congress building amid unrest

Nov. 21, 2020 10:08 PM EST

GUATEMALA CITY (AP) — Hundreds of protesters broke into Guatemala's Congress and burned part of the building Saturday amid growing demonstrations against President Alejandro Giammattei and the legislature for approving a controversial budget that cut educational and health spending. The incident came as...

Cashier Druhan Parker, right, works behind a plexiglass shield Thursday, Nov. 19, 2020, as he checks out shoppers Cassie Howard, left, and Paris Black at an in Chicago. The accelerating surge of coronavirus cases across the U.S. is causing an existential crisis for America’s retailers and spooking their customers just as the critically important holiday shopping season nears. (AP Photo/Charles Rex Arbogast)

Retailers brace as virus bears down on consumers and economy

Nov. 21, 2020 10:45 AM EST

WASHINGTON (AP) — LaTonya Story is every retailer’s worst fear. With the viral pandemic re-surging through the country and the economy under threat, Story has decided to slash her holiday shopping budget. She'll spend less than $2,000 this season, down from several thousand dollars in 2019. Worried...

A female worker walks with a pesticide sprayer on her back at a palm oil plantation in Sumatra, Indonesia, Saturday, Sept. 8, 2018. Some workers use a yellow paste made of rice powder and a local root as a sunblock. (AP Photo/Binsar Bakkara)

Rape, abuses in palm oil fields linked to top beauty brands

Nov. 20, 2020 7:50 PM EST

SUMATRA, Indonesia (AP) — With his hand clamped tightly over her mouth, she could not scream, the 16-year-old girl recalls – and no one was around to hear her anyway. She describes how her boss raped her amid the tall trees on an Indonesian palm oil plantation that feeds into some of the...

FILE - In this Nov. 29, 2019, file photo a shopper leaves a Macy's department store with bags in both hands during Black Friday shopping in New York. Macy's swung to a loss and saw its sales drop 22% during its fiscal third quarter as the department store chain continues to struggle to attract shoppers in a pandemic. (AP Photo/Bebeto Matthews, File)

Macy's loses money in 3Q; virus surges into holiday season

Nov. 19, 2020 1:46 PM EST

NEW YORK (AP) — Macy's swung to a quarterly loss and sales tumbled 22% as the department store chain struggled to bring shoppers back to stores during a pandemic. While the storied retailer did better than most had expected during the third quarter, cases of COVID-19 have begun to surge across the country...

FILE - In this May, 4, 2019, file photo, University of Michigan Provost Martin Philbert speaks during commencement exercises in Ann Arbor, Mich. According to an investigation released Friday, July 31, 2020, Philbert, who became the school's top academic officer committed sexual misconduct during his long career, harassing graduate students and staff and regularly having trysts in campus offices. (Max Ortiz/Detroit News via AP, File)

University of Michigan paying $9.25M to abuse victims

Nov. 18, 2020 2:22 PM EST

ANN ARBOR, Mich. (AP) — The University of Michigan said Wednesday it will pay $9.25 million to eight women who reported emotional or sexual abuse by a man who became the school's chief academic officer. "We thank them for their courage and we apologize to each one of them and to all survivors," the...

FILE - In this April 6, 2020 file photo, a customer wearing a mask carries his purchases as he leaves a Target store during the coronavirus pandemic, in the Brooklyn borough of New York. Target is the latest big U.S. retailer to show that it's prospering during the pandemic. The Minneapolis company reported Wednesday, Nov. 18 that its online sales surged 155% in the three months that ended Oct. 31. (AP Photo/Mark Lennihan, File)

Target gains steam heading into crucial holiday season

Nov. 18, 2020 11:49 AM EST

NEW YORK (AP) — Target is the latest big box U.S. retailer to show that it's prospering during the pandemic. The Minneapolis company reported Wednesday that its online sales surged 155% in the three months that ended Oct. 31. Sales at its stores opened for a least a year rose 10%. Customer traffic rose...

FILE - In this Friday, Nov. 29, 2019 file photo, shoppers leave Macy's in Boston. This year’s Black Friday shopping event will be much different from ever before. Retailers will be enforcing social distancing, many stores will be closed on Thanksgiving Day and shoppers will be scooping up deals via their computer screens.  (AP Photo/Michael Dwyer, File)

The case for shopping on Black Friday in 2020

Nov. 18, 2020 7:45 AM EST

Like most things in 2020, Black Friday won’t be the same this year. But at least in the case of holiday shopping, change might not necessarily be a bad thing. If you’re thinking about shopping on the day after Thanksgiving, here’s why you should — and at least one reason you...

UK insurance firm RSA agrees to $9.4 billion takeover offer

Nov. 18, 2020 5:52 AM EST

LONDON (AP) — RSA Insurance, one of the U.K.'s oldest insurance companies, agreed Wednesday to a takeover by Canadian and Danish buyers in a cash deal that values it at 7.2 billion pounds ($9.4 billion). Canada’s Intact Financial Corp. and Denmark's Tryg said their offer of 685 pence per share...

Daijah Powell restocks the clothing racks at the Stonebriar Mall J.C. Penney store in Frisco, Texas, Tuesday, Nov. 10, 2020. J.C. Penney is on course to emerge from bankruptcy by Thanksgiving after a U.S. bankruptcy court approved the sale of the ailing retailer to two of the nation's largest landlords and its primary lenders.(Jason Janik/The Dallas Morning News via AP)

U.S. bankruptcy court approves sale of J.C. Penney

Nov. 10, 2020 8:01 PM EST

NEW YORK (AP) — J.C. Penney is on course to emerge from bankruptcy by Thanksgiving, after a U.S. bankruptcy court approved the sale of the ailing 118-year-old retailer to its two largest landlords and its primary lenders. The U.S. Bankruptcy Court for the Southern District of Texas approved a purchase...

A delivery man passes by an ad for the Nov. 11 Sales Day in Beijing, China on Oct. 28, 2020. Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year's Singles' Day online shopping festival, as the country recovers from the coronavirus pandemic. (AP Photo/Ng Han Guan)

Chinese shoppers splurge in world's largest shopping fest

Nov. 10, 2020 1:20 PM EST

HONG KONG (AP) — Chinese consumers are expected to spend tens of billions on everything from fresh food to luxury goods during this year’s Singles’ Day online shopping festival, as the country recovers from the pandemic. The shopping festival, which is the world’s largest and typically...