Personal finance

FILE - In this Aug. 27, 2018, Vincent Seeborn, 2, reaches out from a structure on the playground at the Wallingford Child Care Center in Seattle. Child care costs in most states exceed federal subsidy payments provided to low-income parents, according to a newly released report from the Department of Health and Human Services Office of Inspector General, leaving working families with few affordable options. (AP Photo/Elaine Thompson, File)
August 12, 2019 - 11:30 pm
WASHINGTON (AP) — A new report shows child care providers charge more than federal subsidies provided to low-income parents in most states across the U.S. The report, released Tuesday by the Department of Health and Human Services Office of the Inspector General, focuses on the Child Care...
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FILE - In this July 8, 2019 file photo, supporters of a fully funded oil check hold signs in Wasilla, Alaska. For decades, Alaska has had an uneasy reliance on oil, building budgets around its volatile boom-or-bust nature. When times were rough, prices always seemed to rebound, forestalling a day of reckoning some believe may finally have come. The situation has politicians weighing changes to the annual dividend paid to residents from earnings of the state's oil-wealth fund, the Alaska Permanent Fund. (AP Photo/Mark Thiessen, File)
August 09, 2019 - 5:24 pm
JUNEAU, Alaska (AP) — Daniel Bowen came to Alaska in 2011, looking for adventure and opportunity. He and his wife eventually settled on the Kenai Peninsula south of Anchorage, a salmon fishing haven calling itself "Alaska's Playground." But the Bowens, both teachers, recently returned to their...
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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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