Personal Finance

President Donald Trump speaks about the coronavirus in the James Brady Briefing Room, Thursday, March 26, 2020, in Washington. (AP Photo/Alex Brandon)
March 26, 2020 - 6:11 pm
WASHINGTON (AP) — The $2 trillion legislative package moving through Congress to shore up the U.S. economy devastated by the coronavirus was carefully written to prevent President Donald Trump and his family from profiting from the federal fund. But the fine print reveals that businesses owned by...
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FILE - In this July 30, 2019, file photo, One Championship founder Chatri Sityodtong, center, gestures as Reece McLaren, right, of Australia and Danny Kingad, of the Philippines face off during the media presentation for this ONE Championship mixed martial arts fight dubbed: Dawn of Heroes, in suburban Pasay city, south of Manila, Philippines. As his mixed martial arts promotions go behind closed doors and audience free, Sityodtong says he's finding ways to thrive during the coronavirus pandemic that is shutting down sports around the globe. (AP Photo/Bullit Marquez, File)
March 26, 2020 - 2:51 am
He survived the Asian financial crisis, which wiped out entire economies and tore his family apart. As his mixed martial arts promotions go audience free, One Championship founder Chatri Sityodtong says he's finding ways to thrive during the coronavirus pandemic that is shutting down sports around...
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FILE - In this Monday, March 16, 2020, file photo, pedestrian traffic is light along Wall Street in Lower Manhattan in New York. The banking system is not as risk of failing as banks have plenty of capital on hand to handle this crisis due to the new coronavirus, economists say. (AP Photo/Craig Ruttle, File)
March 24, 2020 - 1:44 pm
NEW YORK (AP) — Tarred as villains during the 2008 financial meltdown, banks of all sizes are trying to help out Americans reeling from the economic crisis caused by the coronavirus outbreak. Banks are scrambling to put into place loan forgiveness and relief programs, working to keep their...
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Barber Sami Matta, left, gives a haircut to Steve Perosino, of Dedham, Mass., right, at Chris & Sam's Barbershop, in Norwood, Mass., Monday, March 23, 2020. The Barbershop is to close by noon Tuesday, March 24, in keeping with Mass. Gov. Charlie Baker's order that all non-essential businesses close at noon Tuesday and remain closed through Tuesday, April 7, out of concern about the spread of the coronavirus. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. The vast majority of people recover from the new virus. (AP Photo/Steven Senne)
March 23, 2020 - 3:38 pm
The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people...
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In this March 19, 2020 photo, a shopper looks for toilet paper at a Stop & Shop supermarket during hours open daily only for seniors in North Providence, R.I. Federal law enforcement is warning that scam artists are preying on older people's fears by peddling fake tests for the coronavirus to Medicare recipients. (AP Photo/David Goldman)
March 23, 2020 - 3:11 pm
WASHINGTON (AP) — Scam artists are preying on older people's fears by peddling fake tests for the coronavirus to Medicare recipients, a federal law enforcement agency warned on Monday. The Health and Human Services inspector general's office said it's seeing marketing schemes rapidly pivot to...
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FILE - This July 24, 2018, file photo shows a portion of the 1040 U.S. Individual Income Tax Return form. The Trump administration is working on plans to delay the April 15 federal tax deadline for most individual taxpayers as well as small businesses. Treasury Secretary Steven Mnuchin told Congress on Wednesday, March 11, 2020, that the administration is "looking at providing relief to certain taxpayers and small businesses who will be able to get extensions on their taxes." (AP Photo/Mark Lennihan, File)
March 22, 2020 - 4:43 pm
The Trump administration has announced that individuals and businesses will be allowed to delay filing and paying their federal tax bills for 90 days as part of an emergency relief plan amid the coronavirus pandemic. Some questions and answers about the delay and its potential impact on the U.S...
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FILE - This Dec. 5, 2019, photo shows the Detroit skyline. Detroit Charter Commission Vice Chair Nicole Small said the city, with one of the nation’s largest African American-majorities, has been hit particularly hard by foreclosures since the height of the mortgage crisis in 2008. Small said homeowners need relief beyond what’s being offered in the midst of the coronavirus pandemic. (AP Photo/Carlos Osorio, File)
March 20, 2020 - 5:04 pm
NEW YORK (AP) — On the day after the coronavirus outbreak was declared a global pandemic, Joe Ferguson was given a batch of court-ordered evictions to carry out in his job as constable in Tucson, Arizona. He knocked on doors in the majority Hispanic community of South Tucson, told residents to...
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FILE - In this March 27, 2019, file photo Veterans Affairs Secretary Robert Wilkie, left, speaks with Veterans Health Administration Executive in Charge, Dr. Richard Stone, second from left, before a House Appropriations subcommittee hearing on Capitol Hill in Washington. The Department of Veterans Affairs is bracing for a potential surge of 1 million veterans infected by coronavirus and at the same time is preparing for the possibility it may have to absorb overflow civilian patients if private hospitals are overrun by the pandemic. (AP Photo/Andrew Harnik, File)
March 19, 2020 - 12:57 pm
WASHINGTON (AP) — The Department of Veterans Affairs is bracing for a potential surge of 1 million veterans infected by coronavirus and at the same time is preparing for the possibility it may have to absorb overflow civilian patients if private hospitals are overrun by the pandemic. Based on a “...
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FILE - This June 13, 2019, file photo shows a new home is for sale in Mechanicsville, Va. On Thursday, March 12, 2020, U.S. long-term mortgage rates were mixed this week after hitting all-time lows last week amid anxiety over risks to the economy from the deepening coronavirus crisis. (AP Photo/Steve Helber, File)
March 19, 2020 - 10:51 am
WASHINGTON (AP) — U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation to the economy from the coronavirus pandemic. Home loan rates had hit all-time lows two weeks ago. Mortgage buyer Freddie Mac reported Thursday that the average rate on...
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FILE - In this Feb. 5, 2018, file photo, the seal of the Board of Governors of the U.S, Federal Reserve System lies embedded in the floor at the Marriner S. Eccles Federal Reserve Board Building in Washington. The Federal Reserve announced late Wednesday, March 18, 2020, that it will establish an emergency lending facility to help unclog a short-term credit market that has been disrupted by the coronavirus outbreak. The Fed said it will lend money to banks that purchase financial assets from money market mutual funds, including short-term IOUs known as commercial paper. (AP Photo/Andrew Harnik, File)
March 19, 2020 - 8:11 am
Washington (AP) — The Federal Reserve has established currency swaps with nine central banks overseas to support dollar lending in global markets that are under pressure from the impact of the virus outbreak. Under the swap lines, the Fed exchanges dollars for an equal amount of foreign currency...
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