Personal finance

Attorney Mark Patterson poses in his law firm's offices Thursday, Nov. 15, 2018, in Nashville, Tenn. The recent turbulence in the U.S. stock markets is spooking older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. "There's a huge fear of folks my age that they're going to run out of money and they're going to need to rely on the government for help," Patterson said. (AP Photo/Mark Humphrey)
November 19, 2018 - 12:22 am
CHICAGO (AP) — The recent turbulence in the U.S. stock markets is spooking some older workers and retirees, a group that was hit particularly hard during the most recent financial crisis. There's no indication, though, that the recent volatility has brought about large-scale overhauls in retirement...
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FILE - In this Thursday, April 19, 2018, file photo, former New York City Mayor and United Nations Special Envoy for Climate Action Michael Bloomberg speaks at World Bank/IMF Spring Meetings, in Washington. Bloomberg is donating $1.8 billion to his alma mater, Johns Hopkins University. Bloomberg and the Baltimore university said Sunday, Nov. 18, 2018, that the gift is the largest ever to any education institution in the U.S. (AP Photo/Jose Luis Magana, File)
November 18, 2018 - 4:09 pm
BALTIMORE (AP) — Former New York Mayor Michael Bloomberg is donating $1.8 billion to his alma mater, Johns Hopkins University. Bloomberg and the Baltimore university said Sunday that the gift is the largest ever to any education institution in the U.S. University President Ronald Daniels is calling...
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FILE- In this Oct 2, 2018, file photo, a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Nov. 15, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
November 15, 2018 - 9:44 am
WASHINGTON (AP) — U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales. Mortgage buyer Freddie Mac says the average rate on a 30-year, fixed-rate mortgage was unchanged from last week at 4.94 percent. That's the...
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FILE- In this May 16, 2018, file photo, traffic makes it's way past the Macy's flagship store in New York. Macy's Inc. reports earnings Wednesday, Nov. 14. (AP Photo/Mary Altaffer, File)
November 14, 2018 - 11:39 am
NEW YORK (AP) — Macy's is heading into the crucial holiday season firing on all cylinders, logging its fourth consecutive quarter of sales growth at existing locations and getting strong reactions from customers both online and in its stores. The company also lifted its expectations for annual...
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A former dock facility is shown with old transfer bridges, with "Long Island" painted in large letters at Gantry State Park in the Long Island City section of Queens Borough in New York, Tuesday, Nov. 13, 2018. Amazon announced Tuesday it has selected the Queens neighborhood as one of two sites for its headquarters. (AP Photo/Bebeto Matthews)
November 14, 2018 - 12:18 am
NEW YORK (AP) — Much of the New York City neighborhood selected by Amazon for one of its new headquarters is in a federal "opportunity zone," a designation created by President Donald Trump's tax overhaul that offers developers potentially millions of dollars in capital gains tax breaks to invest...
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November 13, 2018 - 9:35 pm
TOKYO (AP) — The Japanese economy has shrunk at an annualized rate of 1.2 percent in July-September, as consumer spending, investment and exports fell. Cabinet Office preliminary data released Wednesday showed seasonally adjusted gross domestic product — the total value of a nation's goods and...
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Power transmission lines crest a hilltop above Camp Creek Road, the point of origin of the Camp Fire, in Pulga, Calif., on Sunday, Nov. 11, 2018. (AP Photo/Noah Berger)
November 12, 2018 - 7:33 pm
SACRAMENTO, Calif. (AP) — California utilities again are facing severe financial pressures from the possibility that their equipment sparked catastrophic wildfires, including two that are now burning at either end of the state. The pressure comes even though Gov. Jerry Brown signed legislation in...
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"We did it!" yells Shawn McDonald, center, as he celebrates with Teisha Martinez, left, and Aubrey Taylor after a local media outlet called results showing Proposition 2 passed at the Proposition 2 election night party at the Infinity Event Center in Salt Lake City, Utah, on Tuesday, Nov. 6, 2018. Proposition 2 legalizes the medical use of marijuana for individuals with qualifying medical illnesses. (Kristin Murphy/The Deseret News via AP)
November 09, 2018 - 5:18 pm
SALT LAKE CITY (AP) — Voters in conservative Utah have decided to join the growing number of states legalizing medical marijuana and expanding Medicaid to cover tens of thousands more low-income residents, two issues that had long stalled out with conservative state lawmakers. Utah will be on the...
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The U.S. Medicare Handbook is photographed Thursday, Nov. 8, 2018, in Washington. Seniors in many states will be able to get additional services like help with chores, safety devices and respite for caregivers next year through private ‘Medicare Advantage’ insurance plans. It’s a sign of potentially big changes for Medicare. (AP Photo/Pablo Martinez Monsivais)
November 09, 2018 - 4:18 am
WASHINGTON (AP) — In a harbinger of potentially big changes for Medicare, seniors in many states will be able to get additional services such as help with chores, safety devices and respite for caregivers next year through private "Medicare Advantage" insurance plans. The shift reflects a growing...
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David Rosen, from left, Jennifer Karol and her husband Tom Karol react to an update on the 32nd Texas congressional race during an election night party for Democratic candidate Colin Allred at the Magnolia Hotel Dallas Park Cities in Dallas, Tuesday, Nov. 6, 2018. Allred is running against incumbent Republican Pete Sessions for the Texas 32nd U.S. congressional house district. (AP Photo/Andy Jacobsohn)
November 07, 2018 - 7:02 am
WASHINGTON (AP) — The Democrats took back the House with a surge of fresh new candidates and an outpouring of voter enthusiasm Tuesday, breaking the GOP's monopoly on power in Washington and setting the stage for a multitude of investigations of President Donald Trump that could engulf his...
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