Personal finance

In this April 24, 2020, photo, people maintain social distancing and wear face masks due to COVID-19 concerns, while waiting to enter a check cashing service center in the Brooklyn borough of New York. While millions of U.S. workers have already received a quick relief payment from the federal treasury through direct deposit, millions of others without traditional bank accounts must wait weeks for paper checks. Advocates for the poor say this is an opportunity to get many of those who are unbanked into the formal financial system. (AP Photo/Bebeto Matthews)
May 03, 2020 - 3:28 pm
NEW YORK (AP) — As the coronavirus crisis took hold, Akeil Smith’s employer slashed her work as a home health aide to 25 hours per week. Her $15-an-hour salary no longer provided enough to pay her $700 monthly rent, and she had to visit food pantries for groceries. While millions of U.S. workers...
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In this April 24, 2020, photo, people maintain social distancing and wear face masks due to COVID-19 concerns, while waiting to enter a check cashing service center in the Brooklyn borough of New York. While millions of U.S. workers have already received a quick relief payment from the federal treasury through direct deposit, millions of others without traditional bank accounts must wait weeks for paper checks. Advocates for the poor say this is an opportunity to get many of those who are unbanked into the formal financial system. (AP Photo/Bebeto Matthews)
May 03, 2020 - 2:26 pm
NEW YORK (AP) — As the coronavirus crisis took hold, Akeil Smith's employer slashed her work as a home health aide to 25 hours per week. Her $15-an-hour salary no longer provided enough to pay her $700 monthly rent, and she had to visit food pantries for groceries. While millions of U.S. workers...
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FILE - In this April 20, 2020, file photo, resident physician Leslie Bottrell stands outside a room at an Intensive Care Unit as a nurse suctions the lungs of a COVID-19 patient at St. Joseph's Hospital in Yonkers, N.Y. COVID-19 could have stamped someone “uninsurable”  if not for the Affordable Care Act. The ban on insurers using preexisting conditions to deny coverage is a key part of the Obama-era law that the Trump administration still seeks to overturn. (AP Photo/John Minchillo, File)
May 03, 2020 - 9:17 am
WASHINGTON (AP) — COVID-19 could have stamped a person “uninsurable” if not for the Affordable Care Act. The ban on insurers using preexisting conditions to deny coverage is a key part of the Obama-era law that the Trump administration still seeks to overturn. Without the law, people who recovered...
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Funeral director Amy Cunningham, of Fitting Tribute Funerals, center left, pins an embroidered nameplate to the casket of Winifred Pardo at Sherman's Flatbush Memorial Chapel, Wednesday, April 29, 2020, in the Brooklyn borough of New York. When 91-year-old Pardo died at last month, her family was in other states and couldn't be with her because of the coronavirus. So a Brooklyn funeral director turned to people in her own neighborhood for help. And people responded. One woman did some embroidery for the casket. Others sent over lilacs and daffodils. One of Pardo's daughter says she was touched by the gifts. (AP Photo/John Minchillo)
May 01, 2020 - 10:12 pm
NEW YORK (AP) — The request, posted on an online neighborhood forum by a Brooklyn funeral director, was simple but heartfelt. A 91-year-old woman had died from the coronavirus. Her family was scattered in other states. Would anyone like to contribute items for her funeral, like flowers? This wasn’t...
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Eli Oderberg, center, sits with Katie Evers, left, their 4-year-old daughter, Everlee, and the couple's goldendoodle outside their home in southeast Denver on Thursday, April 30, 2020. Oderberg, like 30 million people around the United States who have filed for unemployment benefits after losing their jobs during the coronavirus pandemic, is facing the specter of paying the monthly rent with the flip of the calendar. (AP Photo/David Zalubowski)
May 01, 2020 - 3:01 pm
PHOENIX (AP) — Rent and mortgage payments are due again as more than 30 million people around the U.S. have filed for unemployment benefits after losing work in the coronavirus pandemic. Jason W. Still has been waiting six weeks for his first unemployment check since losing his job as a cook at an...
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A person wearing a mask jogs past an Amazon Go store, Thursday, April 30, 2020, in downtown Seattle. Amazon.com is expected to announce earnings for the first quarter of 2020 at the close of markets Thursday, a report that is expected to be closely watched due to the effects of the coronavirus outbreak on the company. (AP Photo/Ted S. Warren)
April 30, 2020 - 6:09 pm
NEW YORK (AP) — Amazon's profit fell 29% in the first quarter as its costs for shipping millions of packages to home-bound customers rose. But the online retail behemoth said its sales soared as more people opt to shop online during the coronavirus pandemic. Amazon founder and CEO Jeff Bezos said...
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This is a sale pending sign on a home in Mount Lebanon, Pa., on April 27, 2020. Long-term mortgage rates tumbled to all-time lows this week as the economy and housing market continued to reel from the business and social shutdown spurred by the coronavirus pandemic. The average rate on the benchmark 30-year home loan fell to 3.23%, the lowest level since mortgage buyer Freddie Mac started tracking rates in 1971. (AP Photo/Gene J. Puskar)
April 30, 2020 - 12:09 pm
WASHINGTON (AP) — Long-term mortgage rates tumbled to all-time lows this week as the economy and housing market continued to reel from the business and social shutdown spurred by the coronavirus pandemic. The average rate on the benchmark 30-year home loan fell to 3.23%, the lowest level since...
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FILE - This May 18, 2017, file photo shows the Healthcare.gov website on a laptop computer in Washington. Mass layoffs are pushing many Americans into an unfamiliar role: Shopping for health insurance that isn’t offered by an employer. A swirl of potentially confusing terms and options await inexperienced health insurance shoppers as they sort coverage plans for at least the next couple months. But experts say these obstacles can be conquered with patience and some help from agents or navigators who specialize in finding insurance. (AP Photo/Alex Brandon, File)
April 29, 2020 - 9:41 am
Mass layoffs are pushing many Americans into an unfamiliar role: shopping for health insurance that isn’t offered by an employer. A swirl of confusing terms and options await inexperienced shoppers as they sort health insurance plans. And there’s probably no one from human resources available to...
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FILE - In this April 19, 2020, file photo, Administrator of the Centers for Medicare and Medicaid Services Seema Verma speaks during a coronavirus task force briefing at the White House in Washington. Seniors are at greater risk from COVID-19, and they now face added anxiety due to delays obtaining Medicare coverage. Advocates for older people say the main problem involves certain applications for Medicare’s “Part B” coverage for outpatient care. The delays stem from the closure of local Social Security offices to protect workers and the public in the pandemic. (AP Photo/Patrick Semansky, File)
April 29, 2020 - 5:30 am
WASHINGTON (AP) — At greater risk from COVID-19, some seniors now face added anxiety due to delays obtaining Medicare coverage. Advocates for older people say the main problem involves certain applications for Medicare's “Part B” coverage for outpatient care. It stems from the closure of local...
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An Indian fruit vendor wearing a face mask as a precaution against the new coronavirus waits for customers during lockdown in Bangalore, India, Friday, April 24, 2020. As governments around the world try to slow the spread of the coronavirus, India has launched one of the most draconian social experiments in history, locking down its entire population, including an estimated 176 million people who struggle to survive on $1.90 a day or less. (AP Photo/Aijaz Rahi)
April 25, 2020 - 12:10 am
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: — Navy recommends reinstatement of fired carrier...
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