Latest Family finances News

Liz Weston: What to do if your parents need financial help

Nov. 11, 2019 7:52 AM EST

Most parents in the U.S. provide some sort of financial support to their adult children, multiple surveys have found. But often, financial aid goes the other way. A 2015 survey by TD Ameritrade found 13% of American adults provided financial support to a parent. Millennials were far more likely than older...

AP Exclusive: Abusive S. Korean facility exported children

Nov. 9, 2019 2:18 PM EST

BUSAN, South Korea (AP) — A notorious South Korean facility that kidnapped, abused and enslaved children and the disabled for a generation was also shipping children overseas for adoption, part of a massive profit-seeking enterprise that thrived by exploiting those trapped within its walls, The Associated...

South Korean justice minister resigns during finance probe

Oct. 14, 2019 4:03 AM EDT

SEOUL, South Korea (AP) — South Korea's justice minister resigned Monday, citing the political burden of an investigation into alleged financial crimes and academic favors surrounding his family, a scandal that has rocked Seoul's liberal government and spurred huge protests. Cho Kuk has denied wrongdoing....

Politician charged in human trafficking adoption scheme

Oct. 9, 2019 8:26 PM EDT

PHOENIX (AP) — An Arizona elected official ran a human smuggling scheme that promised pregnant women thousands of dollars to lure them from a Pacific Island nation to the U.S., where they were crammed into houses to wait to give birth, sometimes with little to no prenatal care, prosecutors allege. Paul...

$500 a month for free: Data shows how people spent the money

Oct. 3, 2019 6:17 PM EDT

SACRAMENTO, Calif. (AP) — The first data from an experiment in a California city where needy people get $500 a month from the government shows they spend most of it on things such as food, clothing and utility bills. The 18-month, privately funded program started in February and involves 125 people in...

Review: Renée Zellweger captures Garland's essence in 'Judy'

Sep. 25, 2019 11:46 AM EDT

Renée Zellweger is so undeniably perfect as Judy Garland that it almost makes up for the shortcomings of the film around it. "Judy " is itself a fine and imperfect look at some of Garland's last years of life, but it really should have been something transcendent — Zellweger's performance demands it....

'Everybody cries here': Hope and despair in Mexican shelter

Sep. 22, 2019 12:09 AM EDT

CIUDAD JUAREZ, Mexico (AP) — Long after midnight, when the heat has finally relented and the walled courtyard is scattered with men sleeping in the open, someone begins to sob. The sound is quiet, muffled. The only light comes from streetlights shimmering above the razor wire. It's impossible to see who is...

'Everybody cries here': Hope and despair in Mexican shelter

Sep. 19, 2019 12:32 AM EDT

CIUDAD JUAREZ, Mexico (AP) — Long after midnight, when the heat has finally relented and the walled courtyard is scattered with men sleeping in the open, someone begins to sob. The sound is quiet, muffled. The only light comes from streetlights shimmering above the razor wire. It's impossible to see who is...

Lebanon PM closes TV channel run by his family over funding

Sep. 18, 2019 10:27 AM EDT

BEIRUT (AP) — Lebanon's prime minister said Wednesday he will temporarily close a TV network owned by his family, following a years-long financial struggle. In a statement, Saad Hariri described the move as a suspension of work until the Future TV network could be re-launched after a financial...

S. Korean opposition leader shaves head to protest minister

Sep. 16, 2019 5:29 AM EDT

SEOUL, South Korea (AP) — The leader of South Korea's biggest opposition party on Monday became the latest politician to shave their heads to protest President Moon Jae-in's appointment of a key political ally as justice minister despite allegations of academic fraud and financial crimes surrounding his...