Personal finance

A man wearing a face mask walks past an outdoor photography exhibition of healthcare workers in Melbourne, Tuesday, Sept. 22, 2020. The photo essay created by photographer Phoebe Powell is to acknowledge the people working in the Parkville Biomedical Precinct which is home to some of the world's leading medical researchers, clinicians and academics keeping Victoria state safe during the coronavirus pandemic. (James Ross/AAP Image via AP)
October 14, 2020 - 11:29 pm
CANBERRA, Australia — Australia’s prime minister said on Thursday his government was giving priority to reopening air services to Japan, Singapore and South Korea. Prime Minister Scott Morrison said he had discussed reopening air routes with the leaders of all three countries. He described Japan...
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FILE - In this Feb. 11, 2005 file photo, trays of printed social security checks wait to be mailed from the U.S. Treasury's Financial Management services facility in Philadelphia. (AP Photo/Bradley C. Bower, File)
October 13, 2020 - 9:19 am
WASHINGTON (AP) — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people. The increase amounts to $20 a month for the average retired worker, according to estimates...
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Banking executive Bob Marshall, an active stock investor, poses for a photo at his home in Ashburn, Va., Friday, Aug. 7, 2020. Nearly half of all U.S. households don’t own any stocks, and a disproportionate number of them are from Black and other racial-minority households. Differences in financial-literacy education may be one factor, Marshall said. Or, because fewer Black families have wealth that has carried through generations, they may be more wary of risky investments. (AP Photo/J. Scott Applewhite)
October 12, 2020 - 12:30 pm
NEW YORK (AP) — Americans who own stocks are pulling further away from those who don't, as Wall Street roars back to record heights while much of the economy struggles. And Black households are much more likely to be in that not-as-fortunate group that isn't in the stock market. Only 33.5% of Black...
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This photo provided by Adam M. Rammel shows The Syndicate on Aug. 20, 2020 in Bellefontaine, Ohio. Ohio’s restrictions forced Adam Rammel to at least temporarily abandon plans for a catering and event space designed for parties and that opened last month, in time for the holidays. Rather than have the space sit unused, Rammel turned it into The Syndicate, a restaurant located next door to his 5-year-old brewpub, Brewfontaine. (Susie Jarvis/Adam M. Rammel via AP)
October 11, 2020 - 12:22 pm
NEW YORK (AP) — The final three months of the year, usually a boom time for many small businesses thanks to holiday shopping and celebrations, looks precarious as the coronavirus maintains its grip on the economy. Owners contending with government restrictions or crumbling demand are trying to hold...
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Melissa Wilhelm Szymanski sits with her dog Cooper at home in Glastonbury, Conn., on Saturday, Sept. 19, 2020. Wilhelm Szymanski got sick earlier this year and wound up with a $3,200 bill because she wasn't diagnosed initially with COVID-19. Even though dozens of insurers and the federal government are offering to pick up all treatment costs during the pandemic, many holes remain for big bills to surprise patients. (AP Photo/Jessica Hill)
October 11, 2020 - 9:40 am
COVID-19 can do more than torment patients physically. It also clobbers some financially. Even though many insurers and the U.S. government have offered to pick up or waive costs tied to the virus, holes remain for big bills to slip through and surprise patients. People who weren't able to get a...
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A for sale sign stands in front of a house, Tuesday, Oct. 6, 2020, in Westwood, Mass. U.S. long-term mortgage rates changed little this week, flattening in recent weeks following a year-long decline amid economic anxiety in the recession set off by the coronavirus pandemic. (AP Photo/Steven Senne)
October 08, 2020 - 11:49 am
WASHINGTON (AP) — U.S. long-term mortgage rates changed little this week, flattening in recent weeks following a year-long decline amid economic anxiety in the recession set off by the coronavirus pandemic. Home loan rates have remained at historically low levels. Mortgage buyer Freddie Mac...
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A woman walks past a personal finance loan office Thursday, Oct. 1, 2020, in Franklin, Tenn. U.S. consumers cut back on their borrowing in August, with credit card use dropping for a sixth straight month, reflecting caution in the midst of the pandemic-triggered recession. The Federal Reserve said Wednesday, Oct. 7, that total borrowing fell by $7.2 billion after a gain of $14.7 billion in July. (AP Photo/Mark Humphrey)
October 07, 2020 - 5:41 pm
WASHINGTON (AP) — U.S. consumers cut back on their borrowing in August, with credit card use dropping for a sixth straight month, reflecting caution in the midst of the pandemic-triggered recession. The Federal Reserve said Wednesday that total borrowing fell by $7.2 billion after a gain of $14.7...
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FILE - In this Aug. 27, 2018, photo, Trump Tower, center, stands on New York's Fifth Avenue. An obscure function of Congress may have once put President Donald Trump's tax information in the hands of congressional staff. But even if it did, that doesn't mean staffers can give access to Trump's tax returns to lawmakers, at least not legally. (AP Photo/Mark Lennihan, File)
October 07, 2020 - 5:25 am
WASHINGTON (AP) — It’s one of the most obscure functions of Congress, little known or understood even by most lawmakers. But it may have once put staffers in possession of one of the most enduring mysteries of the Donald Trump era: his tax data, which The New York Times revealed to the world. The...
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The White House is seen in Washington, early Tuesday, Oct. 6, 2020, the morning after President Donald Trump returned from the hospital where he was treated for COVID-19. Traffic moves along K Street NW as TV crews set up in Black Lives Matter Plaza. (AP Photo/J. Scott Applewhite)
October 06, 2020 - 10:51 pm
WASHINGTON (AP) — President Donald Trump on Tuesday called an abrupt end to negotiations with Democrats over additional COVID-19 relief, delaying action until after the election despite ominous warnings from his own Federal Reserve chairman about the deteriorating conditions in the economy. Trump...
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FILE - In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio, Texas. A federal judge says the IRS can't keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars across the United States. The ruling from U.S. District Judge Phyllis J. Hamilton late last month gives the IRS until Oct. 24 to reconsider the payments for those who were denied or had their money intercepted solely because of their incarceration. (AP Photo/Eric Gay, File)
October 06, 2020 - 3:19 pm
BOISE, Idaho (AP) — A U.S. judge says the IRS can't keep withholding coronavirus relief payments from incarcerated people, potentially clearing the way for at least 80,000 checks totaling more than $100 million to be sent to people behind bars across the United States. The ruling from U.S. District...
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