Personal Finance

Robert F. Smith, left, laughs with David Thomas, center, and actress Angela Bassett at Morehouse College on Sunday, May 19, 2019, in Atlanta. Smith, a billionaire technology investor and philanthropist, said he will provide grants to wipe out the student debt of the entire graduating class at Morehouse College - an estimated $40 million. Smith, this year's commencement speaker, made the announcement Sunday morning while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. (Bo Emerson/Atlanta Journal-Constitution via AP)
May 19, 2019 - 4:49 pm
A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans __ estimated at up to $40 million. Robert F. Smith, this year's commencement speaker, made the announcement while...
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In this May 16, 2019, photo, House Speaker Nancy Pelosi of Calif., speaks at the Capitol in Washington. Democrats in the House are poised to approve sweeping anti-discrimination legislation that would extend civil rights protections to LGBT people by prohibiting discrimination based on sexual orientation or gender identity. Dubbed the Equality Act, the bill is a top priority of Pelosi, who said it will bring the nation “closer to equal liberty and justice for all.’’ (AP Photo/J. Scott Applewhite)
May 17, 2019 - 12:07 pm
WASHINGTON (AP) — Democrats in the House approved sweeping anti-discrimination legislation Friday that would extend civil rights protections to LGBT people by prohibiting discrimination based on sexual orientation or gender identity. The protections would extend to employment, housing, loan...
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FILE - In this Jan. 4, 2019, photo a sign is displayed outside a house for sale in Pittsburgh's Lawrenceville neighborhood. On Thursday, May 16, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic, File)
May 16, 2019 - 11:04 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell slightly this week, marking a third straight week of declines as a continued inducement to purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage eased to 4.07%...
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Treasury Secretary Steve Mnuchin testifies about the budget during a Financial Services and General Government subcommittee hearing, Wednesday May 15, 2019, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
May 15, 2019 - 10:53 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin said Wednesday that it's up to the courts to referee his dispute with House Democrats demanding access to President Donald Trump's tax returns. Mnuchin told a Senate panel that the fight between the administration and the House Ways and Means...
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FILE - In this May 3, 2017, file photo Education Secretary Betsy DeVos speaks during a school choice event in the Roosevelt Room of the White House in Washington. Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within a few years. (AP Photo/Evan Vucci, File)
May 14, 2019 - 5:42 pm
Education advocates say a Trump administration plan to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students and could trigger a budgeting crisis within just a few years. The plan aims to redirect $1.9 billion from a Pell Grant surplus to jumpstart...
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In a May 10, 2018 photo, Sergeant at Arms Leta Edwards stands in the foreground as Democratic senators talk among themselves on the Senate floor on after the Senate failed to reach a quorum for the fourth straight day because of a Republican boycott in Salem, Ore. Republican senators began their walkout on Tuesday, May 7, 2019, to protest an education-funding bill that imposes a tax on some businesses. (AP Photo/Andrew Selsky)
May 13, 2019 - 7:51 pm
SALEM, Ore. (AP) — The sergeant-at-arms of the Oregon Senate had a new regular duty in recent days: Searching the state Capitol for Republican senators who had been staying away and brought the legislative body's business to a halt. The tactic by the minority Republicans is rare in Oregon, but has...
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FILE- In a June 23, 2015, file photo, traffic heads north along the Lodge freeway in Detroit. Michigan, the state with the highest car insurance premiums in the country, is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. The Republican-led Legislature is pushing to save people money by making mandatory unlimited medical coverage optional, but Democratic Gov. Gretchen Whitmer opposes dueling bills that have cleared the House and Seante. (AP Photo/Carlos Osorio, File)
May 11, 2019 - 9:12 am
LANSING, Mich. (AP) — The state with the highest car insurance premiums in the country is on the verge of a political showdown over long-running efforts to cut rates by reining in generous medical benefits. Michigan is among a dozen "no-fault" states where drivers must buy personal injury...
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House Ways and Means Committee Chairman Richard Neal, D-Mass., is joined at right by Rep. Tom Reed, R-N.Y., at a hearing on taxpayer noncompliance on Capitol Hill in Washington, Thursday, May 9, 2019. Neal issued subpoenas for six years of President Donald Trump's tax returns on Friday. (AP Photo/J. Scott Applewhite)
May 11, 2019 - 5:23 am
WASHINGTON (AP) — A top House Democrat has issued subpoenas for six years of President Donald Trump's tax returns, giving Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig a deadline of next Friday to deliver them. Ways and Means Committee Chairman Richard Neal, D-Mass., issued...
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FILE- This Dec. 3, 2018, file photo shows homes leveled by the Camp Fire line the Ridgewood Mobile Home Park retirement community in Paradise, Calif. Insurance claims for California's deadly November 2018 wildfires have topped $12 billion. That makes them the most expensive series of fires in state history. The number released Wednesday May 8, 2019 by Insurance Commissioner Ricardo Lara covers the fire that destroyed the Northern California town of Paradise and two Southern California fires. Most of the damages relate to the Paradise fire, which killed 85 people and destroyed nearly 19,000 buildings. (AP Photo/Noah Berger, File)
May 08, 2019 - 6:35 pm
SACRAMENTO, Calif. (AP) — Insurance claims have topped $12 billion for the November wildfires in California, making them the most expensive in state history. The figure released Wednesday by Insurance Commissioner Ricardo Lara covers the fire that largely destroyed the town of Paradise and two...
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FILE - In this March 13, 2019, file phtooHealth and Human Services Secretary Alex Azar testifies before a House Appropriations subcommittee on Capitol Hill in Washington. Azar says drugmakers will soon have to reveal prices of their prescription medicines in those ever-present TV ads. The Trump administration will issue final regulations on May 8 requiring drug companies to disclose list prices of medications costing more than $35 for a month’s supply. Azar tells The Associated Press if drugmakers are scared to put prices in ads that means they should lower those prices. (AP Photo/Susan Walsh, File)
May 08, 2019 - 2:28 pm
WASHINGTON (AP) — TV pitches for prescription drugs will soon include the price, giving consumers more information upfront as they make medication choices at a time when new drugs can carry anxiety-inducing prices. Health and Human Services Secretary Alex Azar said Wednesday the Trump...
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