Personal finance

This Monday, Jan. 8, 2018, photo, shows an existing home for sale in Walpole, Mass. On Thursday, Jan. 18, 2018, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Steven Senne)
January 18, 2018 - 10:32 am
WASHINGTON (AP) — Interest rates on long-term home loans rose this week. The rate on the benchmark 30-year, fixed-rate mortgage hit the highest level since May 2017. Mortgage giant Freddie Mac says the 30-year rate rose to 4.04 percent this week from 3.99 percent last week. The rate on 15-year,...
Read More
January 16, 2018 - 12:09 pm
NEW YORK (AP) — Shoppers spent a record amount online during the holiday season. That's according to Adobe Analytics, which reports online shopping during the holiday season reached $108.2 billion, up almost 15 percent from $94.4 billion the year before. The research arm of software maker Adobe...
Read More
FILE In this Jan. 11, 2017 file photo, an H&M store window advertises a sale, in New York. Consumer inflation slowed in December 2017 to a tiny 0.1 percent gain as the cost of energy products tumbled after a big jump in November. The Labor Department says the December increase in consumer prices followed a much bigger 0.4 percent jump in November and was the smallest advance since a similar 0.1 percent rise in October. (AP Photo/Mark Lennihan, File )
January 12, 2018 - 11:30 am
WASHINGTON (AP) — Ebullient U.S. consumers shopped at the healthiest pace in more than a decade during the holiday season, a sign of burgeoning economic strength. Retail sales rose 0.4 percent in December, the Commerce Department said Friday, after a 0.9 percent surge in November. Spending for the...
Read More
In this Thursday, Nov. 9, 2017, photo, Laila Ummelaila, a personal shopper at the Walmart store in Old Bridge, N.J., pushes a cart with bins as she shops for online shoppers. On Thursday, Jan. 11, 2018, Walmart announced it is boosting its starting salary for U.S. workers to $11 an hour, giving a one-time $1,000 cash bonus to eligible employees and expanding its maternity and parental leave benefits. (AP Photo/Julio Cortez)
January 11, 2018 - 7:23 pm
NEW YORK (AP) — Walmart confirmed Thursday that it is closing 10 percent of its Sam's Club warehouse stores — a move that a union-backed group estimated could cost thousands of jobs — on the same day the company announced that it was boosting its starting salary for U.S. workers and handing out...
Read More
January 11, 2018 - 4:55 pm
NEW YORK (AP) — The Latest on arrests in a financial aid scandal at Columbia University's Teachers College (all times local): 4:45 p.m. A spokesman for Columbia University's Teachers College says the criminal prosecution of a former employee and three others came after the school found...
Read More
January 10, 2018 - 10:44 am
COLUMBUS, Ohio (AP) — Ohio residents with work-related back injuries in most cases must try remedies like rest, physical therapy and chiropractic care before turning to spinal fusion surgery and prescription painkillers under a groundbreaking new guideline that is partly meant to reduce the...
Read More
FILE - In this Wednesday, Nov. 29, 2017, file photo, Hoda Kotb, left, and Savannah Guthrie appear during the annual Rockefeller Center Christmas Tree lighting ceremony in New York. NBC News chose Kotb to officially replace Matt Lauer on the “Today” morning show after he was fired in late November, after weeks of strong ratings with her filling in with Guthrie on the show’s first two hours. (Photo by Charles Sykes/Invision/AP, File)
January 10, 2018 - 10:33 am
NEW YORK (AP) — As more than two dozen men have lost media jobs or projects after sexual misconduct accusations in the last several months, their departures have opened doors for a handful of women. The wave of accusations has led to other changes as well, leading to hopes that newsroom culture is...
Read More
FILE - In this Monday, March 7, 2005, file photo, a dentist works on a patient at a dental clinic. Medical credit cards can seem like a smart way to pay for procedures not covered by insurance, including dental work or cosmetic surgery. But consumer advocates warn the cards can leave consumers saddled with higher fees than expected. (Travis Heying/The Wichita Eagle via AP, File)
January 10, 2018 - 9:10 am
WASHINGTON (AP) — Few people look forward to a trip to the doctor or dentist, especially if they're not sure how they will pay for it. Some choose to use a special kind of credit card offered by medical professionals to pay for care at certain locations or networks. Often pitched by office...
Read More
Alex Azar testifies during a Senate Finance Committee hearing on Capitol Hill in Washington, Tuesday, Jan. 9, 2018, to consider his nomination to be Secretary of Health and Human Services. (AP Photo/Carolyn Kaster)
January 09, 2018 - 2:38 pm
WASHINGTON (AP) — Empowering Medicare to negotiate drug prices could leave patients with reduced access to medications, President Donald Trump's pick for health secretary warned Tuesday. Alex Azar, a former pharmaceutical and government executive, acknowledged to the Senate Finance Committee that...
Read More
FILE - This May 3, 2017, file photo shows a Target store in Omaha, Neb. Target is raising its fourth-quarter and full-year earnings outlooks, following strong sales in its stores and online during the critical holiday season. The retailer said Tuesday, Jan. 9, 2018, that its outlook changes also reflect recently-enacted federal tax reform. (AP Photo/Nati Harnik, File)
January 09, 2018 - 8:14 am
MINNEAPOLIS (AP) — Target has joined other retailers in putting up booming sales numbers as shoppers returned in force during the critical holiday season. Sales at stores open at least a year jumped 3.4 percent in November and December, with a lot of traffic both on the company's website, and in...
Read More