Latest Personal finance education News

EXPLAINER: How is inflation affecting commuting costs?

Aug. 12, 2022 12:20 PM EDT

NEW YORK (AP) — Gas prices have fallen from the record highs they reached earlier this summer, but they're still much higher than a year ago. And with inflation driving up the cost of pretty much everything else, finding the funds to cover your commute may be increasingly tricky. ...

Tips for saving on your commute amid high inflation

Aug. 11, 2022 10:09 AM EDT

NEW YORK (AP) — Gas prices are falling but still higher than they were a year ago. And inflation has made most everything else more expensive. If you're looking to save money on your commute, here are some tips: IF YOU HAVE A CAR: MAKE A DRIVING STRATEGY ...

5 things to consider when looking for a new job

Aug. 05, 2022 15:27 PM EDT

New York (AP) — Looking for a new job is a balancing act: Some people change roles for a shorter commute or better salary, others want health insurance or flexible schedules, and still others are looking to work in a new or different industry. Hiring is booming in the U.S. — the...

Hourly workers still have leverage as US hiring booms

Aug. 05, 2022 12:53 PM EDT

New York (AP) — Chelsie Church was working as a manager at a Colorado Taco Bell when she found out workers at a nearby Pizza Hut were earning more than $1 an hour more than she was. Her attempts to negotiate a raise were unsuccessful, so she kept hunting for another job, eventually...

How to recession-proof your life amid economic uncertainty

Aug. 03, 2022 06:54 AM EDT

NEW YORK (AP) — Prices for gas, food and rent are soaring. The Federal Reserve has raised interest rates to the highest level since 2018. The U.S. economy has shrunk for two straight quarters. Economists are divided over whether a recession is looming. What's clear is that...

How to recession-proof your life amid economic uncertainty

Jul. 29, 2022 11:05 AM EDT

NEW YORK (AP) — Prices for gas, food and rent are soaring. The Federal Reserve has raised interest rates to the highest level since 2018. The U.S. economy has shrunk for two straight quarters. Economists are divided over whether a recession is looming. What’s clear is that...

How the Federal Reserve's rate hikes affect your finances

Jul. 27, 2022 18:04 PM EDT

WASHINGTON (AP) — Higher mortgage rates have sent home sales tumbling. Credit card rates have grown more burdensome, and so have auto loans. Savers are finally receiving yields that are actually visible, while crypto assets are reeling. The Federal Reserve's move Wednesday to...

In your debt: 3 times debt can be a helpful tool

Jul. 22, 2022 12:00 PM EDT

In some corners of the personal finance advice world, getting into debt is just about the worst thing you can do. And yes, some forms of debt — particularly those that charge high interest rates — can keep you locked in a cycle of owing money for years. Still, there are times...

California board OKs parole of ex-Mexican Mafia killer

Jul. 19, 2022 16:51 PM EDT

SACRAMENTO, Calif. (AP) — California parole officials have approved the release of a notorious former Mexican Mafia prison gang leader who has been cooperating with law enforcement for nearly 20 years. Two consecutive governors previously blocked parole for Rene “Boxer”...

West Virginia cafe to serve as recovery resource center

Jul. 10, 2022 09:31 AM EDT

HUNTINGTON, W.Va. (AP) — Recovery Point West Virginia held its grand opening and ribbon-cutting ceremony for The Point Cafe, Huntington’s newest community resource center, on Thursday. The Point Cafe opened at 630 8th Ave. in Huntington after a few years of planning during the...