Personal Finance

FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. On Tuesday, Nov. 26, the Commerce Department reports on sales of new homes in October. (AP Photo/Steven Senne, File)
November 26, 2019 - 9:22 am
WASHINGTON (AP) — Sales of new homes dipped slightly in October compared with September but remain well above levels of a year ago, with lower mortgage rates helping spur a rebound in purchases. The annual rate of single-family new-home sales slipped 0.7% last month to a seasonally adjusted 733,000...
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FILE - In this Nov. 9, 2019, file photo a woman looks through holiday wreathes on sale at a retail store during in Pembroke Pines, Fla. On Tuesday, Nov. 26, the Conference Board reports on U.S. consumer confidence for November. (AP Photo/Brynn Anderson, File)
November 26, 2019 - 9:17 am
WASHINGTON (AP) — U.S. consumer confidence declined slightly for a fourth consecutive month, but it remains elevated with the holiday shopping season ramping up. The Conference Board said Tuesday that its consumer confidence index ticked down to 125.5 in November from October’s 126.1 reading...
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FILE - This July 14, 2010, file photo, shows a Charles Schwab office in Oakland, Calif. Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by disruption in the online brokerage industry. The tie-up announced Monday, Nov. 25, 2019, would create a company so big, however, that it may draw sharp scrutiny from antitrust regulators.(AP Photo/Paul Sakuma, File)
November 25, 2019 - 1:54 pm
NEW YORK (AP) — Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A...
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FILE - In this March 23, 2015 file photo, California Supreme Court Chief Justice Tani Cantil-Sakauye delivers her State of the Judiciary address before a joint session of the Legislature at the Capitol in Sacramento, Calif. California's Supreme Court rejected a state law that would have required President Donald Trump to disclose his tax returns to appear as a candidate in the state's primary election next spring. The justices on Thursday said the law that would have required tax returns for all presidential and gubernatorial candidates to appear on the primary ballot was unconstitutional. A federal judge had temporarily blocked the state law in response to a different lawsuit. (AP Photo/Rich Pedroncelli, File)
November 21, 2019 - 7:36 pm
LOS ANGELES (AP) — President Donald Trump does not have to disclose his tax returns to appear as a candidate on California’s primary ballot next spring, the state Supreme Court ruled unanimously Thursday. The law, the first of its kind in the nation and aimed squarely at Trump, violates a...
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President Donald Trump speaks during a National Medal of Arts and National Humanities Medal ceremony in the East Room of the White House, Thursday, Nov. 21, 2019, in Washington. (AP Photo/Alex Brandon)
November 21, 2019 - 6:32 pm
WASHINGTON (AP) — House Democrats and Manhattan’s top prosecutor told the Supreme Court Thursday that President Donald Trump’s arguments to shield his tax returns and financial records are weak, and not deserving of the justices’ intervention. The Democrats said they should be allowed to enforce...
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FILE - In this Nov. 8, 2018 file photo, the U.S. Medicare Handbook is photographed in Washington. Medicare’s new prescription drug plan finder has a glitch that can steer unwitting seniors to coverage that costs much more than they need to pay. (AP Photo/Pablo Martinez Monsivais)
November 21, 2019 - 4:06 pm
WASHINGTON (AP) — Medicare’s revamped prescription plan finder can steer unwitting seniors to coverage that costs much more than they need to pay, according to people who help with sign-ups as well as program experts. Serving some 60 million Medicare recipients, the plan finder is the most commonly...
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FILE - In this Nov. 21, 2013, file photo, with the Empire State building in the background, the Macy's logo is illuminated on the front of the department store in New York. Macy's Inc. (M) on Thursday, Nov. 21, 2019, reported fiscal third-quarter net income of $2 million. The Cincinnati-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. (AP Photo/Mark Lennihan, File)
November 21, 2019 - 4:04 pm
NEW YORK (AP) — There’s more trouble for the nation’s malls heading into the crucial holiday shopping season. A slew of mall-based clothing retailers delivered weak third-quarter earnings reports in recent days, the latest indication of shoppers’ increasing shift online and away from traditional...
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FILE - This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. WeWork is slashing nearly 20% of its work force in the wake of its failed stock market debut. The shared-office company said it has laid off 2,400 of its approximately 12,500 employees to “create a more efficient organization.” (AP Photo/Mary Altaffer, File)
November 21, 2019 - 1:45 pm
NEW YORK (AP) — WeWork is slashing nearly 20% of its workforce, embarking on a painful restructuring of its money-losing operation that doomed its stock market debut and left the office-sharing company on the brink of bankruptcy. WeWork said it has laid off 2,400 of its approximately 12,500...
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November 19, 2019 - 7:33 am
WASHINGTON (AP) — U.S. home building jumped 3.8% in October, a positive sign for the overall economy as developers anticipate steady demand. The Commerce Department said Tuesday that housing starts reached a seasonally adjusted annual rate of 1.31 million. Starts for single-family houses were up 2...
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President Donald Trump leaves the Oval Office as he walks to Marine One on the South Lawn of the White House in Washington, Thursday, Nov. 14, 2019, for a short trip to Andrews Air Force Base, Md., and then on to Bossier City, La., for a campaign rally. (AP Photo/Patrick Semansky)
November 14, 2019 - 4:14 pm
WASHINGTON (AP) — President Donald Trump is asking the Supreme Court to block a subpoena for his tax returns, in a test of the president’s ability to defy investigations. The filing Thursday sets the stage for a high court showdown over the tax returns Trump has refused to release, unlike every...
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