Personal finance

FILE - In this July 22, 2019 photo, a for sale sign is posted in front of a home in Miami. On Thursday, Aug. 8, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Lynne Sladky, File)
August 08, 2019 - 12:04 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016. Financial markets around the globe have been whipsawed by anxiety over the U.S.-China trade war, sending investors fleeing from stocks to the safety...
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FILE - This March 28, 2017, file photo, provided by the New York State Sex Offender Registry shows Jeffrey Epstein. The retail titan behind Victoria's Secret says the financier Jeffrey Epstein misappropriated “vast sums” of his fortune while managing his personal finances. Ohio billionaire Leslie Wexner said in a letter Wednesday, Aug. 7, 2019 that he recovered “some of the funds” but severed ties with Epstein in 2007 as sexual abuse allegations first surfaced against him in Florida. (New York State Sex Offender Registry via AP, File)
August 08, 2019 - 9:59 am
NEW YORK (AP) — The retail titan behind Victoria's Secret says the financier Jeffrey Epstein misappropriated "vast sums" of his fortune while managing his personal finances. Ohio billionaire Leslie Wexner said in a letter Wednesday that he recovered "some of the funds" but severed ties with Epstein...
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August 08, 2019 - 9:52 am
NEW YORK (AP) — The retail titan behind Victoria's Secret says the financier Jeffrey Epstein misappropriated "vast sums" of his fortune while managing his personal finances. Ohio billionaire Leslie Wexner said in a letter Wednesday that he recovered "some of the funds" but severed ties with Epstein...
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FILE - This June 10, 2015, file photo shows a chip credit card in Philadelphia. On Wednesday, Aug. 7, the Federal Reserve releases its June report on consumer borrowing. (AP Photo/Matt Rourke, File)
August 07, 2019 - 2:06 pm
WASHINGTON (AP) — Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on credit cards. The Federal Reserve says overall consumer borrowing increased by $14.6 billion in June after a $17.8 billion...
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FILE - In this July 16, 2019, file photo a pedestrian reflect in a store window at Barneys department store in New York. has filed for Chapter 11 bankruptcy protection, becoming the latest retailer unable to withstand the consumer shift to online shopping and high rents. Barneys said it’ll use the bankruptcy process to review store leases to best optimize its operations. The company also announced Tuesday, Aug. 6, that it has secured $75 million in new capital to facilitate a going concern sale process. (AP Photo/Bebeto Matthews, File)
August 06, 2019 - 6:59 am
NEW YORK (AP) — Barneys New York is filing for Chapter 11 bankruptcy protection, the latest retailer to buckle as shoppers move online and real estate costs soar. The iconic clothier founded almost a century ago will keep the doors open at its 10-story Madison Avenue store, but its secured $75...
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Sen. Bernie Sanders, I-Vt., gestures toward Sen. Elizabeth Warren, D-Mass., during the first of two Democratic presidential primary debates hosted by CNN Tuesday, July 30, 2019, in the Fox Theatre in Detroit. (AP Photo/Paul Sancya)
August 02, 2019 - 4:56 am
WASHINGTON (AP) — Democratic presidential candidates are split over eliminating employer-provided health insurance under "Medicare for All." The risk is that history has shown voters are wary of disruptions to job-based insurance, the mainstay of coverage for Americans over three generations. Those...
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From left, Sen. Cory Booker, D-N.J., former Vice President Joe Biden, Sen. Kamala Harris, D-Calif., and Andrew Yang participate in the second of two Democratic presidential primary debates hosted by CNN Wednesday, July 31, 2019, in the Fox Theatre in Detroit. (AP Photo/Paul Sancya)
August 01, 2019 - 9:20 am
DETROIT (AP) — The Latest on Wednesday's Democratic presidential debate (all times local): 10:45 p.m. Democratic presidential candidates are closing their second primary debate by focusing on President Donald Trump. After taking on each other for more than two hours, all 10 candidates have...
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FILE - In this Wednesday, July 10, 2019, file photo, President Donald Trump speaks about kidney health, accompanied by Health and Human Services Secretary Alex Azar, left, in Washington. Azar says he and Trump are working on a plan to allow Americans to import lower-priced prescription drugs from Canada. (AP Photo/Alex Brandon, File)
July 31, 2019 - 2:19 pm
WASHINGTON (AP) — The Trump administration said Wednesday it will create a way for Americans to legally and safely import lower-cost prescription drugs from Canada for the first time, reversing years of refusals by health authorities amid a public outcry over high prices for life-sustaining...
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FILE - In this Wednesday, July 10, 2019, file photo, President Donald Trump speaks about kidney health, accompanied by Health and Human Services Secretary Alex Azar, left, in Washington. Azar says he and Trump are working on a plan to allow Americans to import lower-priced prescription drugs from Canada. (AP Photo/Alex Brandon, File)
July 31, 2019 - 10:48 am
WASHINGTON (AP) — The Latest on President Donald Trump's plan to lower prescription drug prices (all times local): 11:40 a.m. The drug industry lobby says the Trump administration's plan to let Americans import cheaper prescription drugs from Canada is "far too dangerous." Pharmaceutical Research...
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From left, Marianne Williamson, Rep. Tim Ryan, D-Ohio, Sen. Amy Klobuchar, D-Minn., South Bend Mayor Pete Buttigieg, Sen. Bernie Sanders, I-Vt., Sen. Elizabeth Warren, D-Mass., former Texas Rep. Beto O'Rourke, former Colorado Gov. John Hickenlooper, former Maryland Rep. John Delaney and Montana Gov. Steve Bullock participate in the first of two Democratic presidential primary debates hosted by CNN Tuesday, July 30, 2019, in the Fox Theatre in Detroit. (AP Photo/Paul Sancya)
July 31, 2019 - 8:38 am
DETROIT (AP) — Should Democrats be going big or getting real? That's the question that dominated the Democratic presidential primary debate as progressive favorites Elizabeth Warren and Bernie Sanders fended off attacks from lesser-known moderates. The display amounted to a sometimes testy public...
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