Latest Personal finance News

Heli company must pay $14.6M after 2 workers fall to death

Nov. 19, 2019 8:21 PM EST

PORTLAND, Ore. (AP) — A jury has decided that an Oregon helicopter company must pay $14.6 million to the families of two California men who plummeted to their deaths when a nylon rope suspending them from a helicopter in Louisiana broke. The Oregonian/OregonLive reports jurors found Winco Powerline...

Tennessee announces plan to spend some of welfare surplus

Nov. 19, 2019 3:14 PM EST

NASHVILLE, Tenn. (AP) — Tennessee has announced plans to spend part of $732 million in reserves from a federal welfare program for families with children. The Department of Human Services on Tuesday detailed $290 million in planned spending, saying it will also save a $342 million three-year surplus of the...

Muted launch for Google's game-streaming service Stadia

Nov. 19, 2019 2:15 PM EST

NEW YORK (AP) — Google’s new game-streaming service Stadia demonstrates the possibilities of gaming from the cloud, but experts say it’s hindered by a lack of compelling video games and a convoluted pricing scheme. Piers Harding-Rolls, head of games research at IHS Markit, called...

Don’t overlook splashy coffee table books as holiday gifts

Nov. 19, 2019 12:56 PM EST

NEW YORK (AP) — Art, architecture, music or travel: Coffee table books can fill just the right gift niche, especially when the cost would be budget-busting if you bought one for yourself. Offerings abound at holiday time. Some suggestions: HOMES: “Architectural Digest: AD at 100, a Century of...

Some binge-worthy options for holiday gift season

Nov. 19, 2019 12:12 PM EST

NEW YORK (AP) — Chances are there’s at least one TV binger on your gift list. Why not go all in for the holidays and wrap up something on-point? Some ideas: POPCORN: So many gifty options are out there, including sets of seasonings and artisanal corn. But nobody loves popcorn quite like Questlove....

5 Signs an Online Loan Is a Debt Trap

Nov. 19, 2019 11:35 AM EST

As you scan the crowded pages of Google search results for a low-cost loan, it can be difficult to decipher reputable lenders from predatory ones. These lenders, who use abusive or unfair practices, offer loans with high rates and excessively long or short repayment terms that make the lender money but leave the...

US housing starts climbed 3.8% in October

Nov. 19, 2019 8:47 AM EST

WASHINGTON (AP) — U.S. home building jumped 3.8% in October, a positive sign for the overall economy as developers anticipate steady demand. The Commerce Department said Tuesday that housing starts reached a seasonally adjusted annual rate of 1.31 million. Starts for single-family houses were up 2%,...

US home building jumped 3.8% in October to an annual pace of 1.31 million, helped by low mortgage rates

Nov. 19, 2019 8:32 AM EST
WASHINGTON (AP) — US home building jumped 3.8% in October to an annual pace of 1.31 million, helped by low mortgage rates.

Man, wife plead guilty to running Ponzi scheme

Nov. 18, 2019 5:07 PM EST

NEWARK, N.J. (AP) — A northern New Jersey couple has pleaded guilty to ripping off investors for more than $500,000 in a Ponzi scheme. Alcibiades Cifuentes and Jennifer Wee Cifuentes have admitted in federal court in Newark that they took money from about 25 people, purportedly to invest in the foreign...

Liz Weston: 5 financial tasks you should tackle by year-end

Nov. 18, 2019 2:18 PM EST

A task without a deadline is just wishful thinking. Sometimes, you can get away with procrastinating. If you never get around to alphabetizing your spices, no one’s life will change. But putting off some tasks could have a huge impact on loved ones. The close of the year is a good time to set some firm...