Latest Family finances News

In this undated photo, courtesy of the family of Yurancy Castillo, shows her in Lima, Peru. Castillo did not want to leave her family, but as inflation in Venezuela soared, rendering her salary as a social worker nearly worthless, the young woman decided her future rested far away, in Peru. In May, she came down with a fever and a week later went to the hospital, where after three weeks in an intensive care unit deep in southern Peru, she died at age 30. (Family of Yurancy Castillo via AP)

Lives Lost: Young Venezuelan dreamed of better life in Peru

Jul. 10, 2020 1:12 AM EDT

BOGOTA, Colombia (AP) — Yurancy Castillo did not want to leave her family. But as inflation in Venezuela soared, rendering her salary as a social worker nearly worthless, the young woman known for her beaming smile and wild amber-colored curls decided her future rested far away, in Peru. One of her three...

FILE - In this Jan. 17, 2019, file photo Rep. Susie Lee, D-Nev., speaks at a news conference on Capitol Hill in Washington. At least 10 lawmakers and three congressional caucuses have ties to organizations that received federal coronavirus aid, according to government data released this week. A regional casino company led by the husband of Rep. Susie Lee received money. (AP Photo/Andrew Harnik, File)

Data: Congress created virus aid, then reaped the benefits

Jul. 8, 2020 5:52 AM EDT

WASHINGTON (AP) — At least a dozen lawmakers have ties to organizations that received federal coronavirus aid, according to newly released government data, highlighting how Washington insiders were both author and beneficiary of one of the biggest government programs in U.S. history. Under pressure from...

FILE - San Francisco Police Auxiliary Law Enforcement Response Team (ALERT) volunteer David Flynn offers face masks to help prevent the spread of the coronavirus at Dolores Park in San Francisco, Sunday, May 24, 2020. California is creating roving

The Latest: New Zealand to charge patient who went shopping

Jul. 7, 2020 10:21 PM EDT

WELLINGTON, New Zealand — New Zealand authorities say they will press charges against a coronavirus patient who escaped quarantine in Auckland and went shopping at a supermarket. Air Commodore Darryn Webb, the head of managed isolation and quarantine, said the 32-year-old man escaped through a fence at...

FILE - In this Jan. 17, 2019, file photo Rep. Susie Lee, D-Nev., speaks at a news conference on Capitol Hill in Washington. At least 10 lawmakers and three congressional caucuses have ties to organizations that received federal coronavirus aid, according to government data released this week. A regional casino company led by the husband of Rep. Susie Lee received money. (AP Photo/Andrew Harnik, File)

Data: Congress created virus aid, then reaped the benefits

Jul. 7, 2020 9:23 PM EDT

WASHINGTON (AP) — At least a dozen lawmakers have ties to organizations that received federal coronavirus aid, according to newly released government data, highlighting how Washington insiders were both author and beneficiary of one of the biggest government programs in U.S. history. Under pressure from...

In this photo taken Saturday, June 20, 2020, Rebecca Nakamanya works at a restaurant near a bus terminal in capital Kampala, Uganda. The COVID-19 pandemic means that millions of women in Africa and other developing regions could lose years of success in contributing to household incomes, asserting their independence and expanding financial inclusion. (AP Photo/Ronald Kabuubi)

Women 'on precipice' in developing countries amid COVID-19

Jun. 28, 2020 4:51 AM EDT

KAMPALA, Uganda (AP) — Rebecca Nakamanya rolls her eyes, dismissing a question about school fees. What really worries her is how to feed three children and a jobless partner on a daily wage of less than $3, minus transport to and from her job as a cook. “We have not even started thinking about...

FILE - This undated file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. When stock markets are rattled by news events, it’s unsettling for any investor — but especially so for those who are retired (or nearly there). The first thing anyone with an investment portfolio should do is make sure it’s properly balanced, taking both income needs and risk tolerance into account. (NerdWallet via AP, File)

Liz Weston: When parents are the emergency fund

Jun. 15, 2020 3:32 PM EDT

Financial fallout from the pandemic is hitting millennials hard — and many will soon turn to their parents for help, if they haven’t already. Before parents ride to the rescue, financial planners urge them to map out a strategy that doesn’t just plug a short-term need but also makes sense in...

In this Wednesday, June 3, 2020 photo, Feby Cachero Baguisa Dela Pena of Laguna, Philippines, hands out free food to those who need it in Dubai, United Arab Emirates. Dela Pena, a mother of three, is unemployed, but when she saw people lining up for free meals one night outside her building two weeks ago she decided to use whatever money her family had to help out the countless numbers of Filipinos and others who've lost jobs amid the coronavirus. (AP Photo/Jon Gambrell)

Unemployed Filipina feeds other jobless migrants in Dubai

Jun. 10, 2020 2:35 AM EDT

DUBAI, United Arab Emirates (AP) — Feby Dela Peña saw her fellow Filipinos standing in line outside her building in Dubai, waiting for free food. And she was stricken — what if her family, too, had lost their income amid the COVID-19 outbreak? How would she have fed her three children? Dela...

People enjoy the fresh air on benches along Juarez Avenue in central Mexico City, Sunday, May 31, 2020. Mexico's capital plans to reopen certain sectors of the economy and public life beginning Monday, despite the city still being in the most serious

The Latest: S. Korea pushes QR registration for risky venues

May. 31, 2020 10:48 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Cases steadily rising around South Korean capital....

Workers wearing protective gear disinfect as a precaution against the new coronavirus in a class at a high school in Busan, South Korea, Saturday, May 30, 2020. (Jo Jung-ho/Yonhap via AP)

The Latest: South Korea reports 27 new virus cases

May. 30, 2020 10:28 PM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — South Korea reports 27 new virus cases, including 21 from...

In this image made from video provided by the office of Gov. Andrew M. Cuomo, Gov. Cuomo updates the media on New York's coronavirus response, Saturday, May 30, 2020 in New York. (Office of Governor Andrew M. Cuomo via AP)

Cuomo signs bill granting front-line worker death benefits

May. 30, 2020 3:50 PM EDT

NEW YORK (AP) — New York Gov. Andrew Cuomo signed a bill Saturday granting death benefits to the families of police officers, public health workers and other front-line workers who have died of the coronavirus. “You gave your lives for us, we will be there for your families going forward,”...