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Showing
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Americans ramped up spending during the holidays despite some financial anxiety and higher costs
12/26/2023 11:06am • NEW YORK (AP) — Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to the latest measure. Holiday sales from the beginning of November through Christmas Eve cl
Millennial Money: 4 things that could impact your credit in 2024
12/26/2023 07:00am • Credit is top of mind for many folks going into 2024. Nearly 4 in 5 Americans (79%) say they are trying to improve their credit, according to a recent survey from NerdWallet. Getting ahead of surprises will go a long way in protecting your credit. Here are four things to look out for that could impa
How to Back Out of a Financial Commitment
12/25/2023 07:00pm • When it comes to money, prioritizing your own financial security is paramount. That means when funds are tight, you might have to make some difficult decisions on where to cut back -- which might include backing out of a financial commitment you've made. Maybe you promised a friend you'd lend them s
Sunday's Transactions
12/24/2023 10:31pm • BASEBALL Major League Baseball National League NEW YORK METS — Agreed to terms with RHP Chad Smith on a minor league contract with an invitation to major league spring training. BASKETBALL National Basketball Association MINNESOTA TIMBERWOLVES — Recalled Fs Leonard Miller and Josh Minott from th
Pentagon, states begin new push to help LGBTQ veterans kicked out of military
12/24/2023 01:27pm • For former Navy sailor Annie Reyes, seeing the words on paper still stings: "Reason for discharge: homosexual conduct." ABC News "We were in Bahrain in the middle of the ocean, and they're like, 'This is the perfect time to kick someone out for being gay,'" Reyes, 40, said of her 2009 dismiss
Hawaii announces first recipients of student loan payment program for health care workers
12/23/2023 05:45pm • HONOLULU (AP) — The state has announced the first recipients of a program aimed at helping medical professionals pay off student
loans
in exchange for a two-year commitment to provide care in Hawaii. Gov. Josh Green on Friday thanked state lawmakers for providing $30 million to fund the program. A
Tunisians vote in local elections on Sunday to fill a new chamber as economy flatlines
12/23/2023 03:32am • TUNIS, Tunisia (AP) — Butter and milk shortages. Political party boycotts. Ongoing prosecutions of the president’s critics. This is the environment in which Tunisians will head to the polls on Sunday for the country's first local elections since President Kais Saied wrote a new constitution that
Friday's Transactions
12/22/2023 10:31pm • BASEBALL Major League Baseball American League DETROIT TIGERS — Agreed to terms with RHP Shelby Miller on a one-year contract with and option in 2025. Designated C Donny Sands for assignment. LOS ANGELES ANGELS — Claimed 1B Alfonso Rivas off waivers from Cleveland. National League ARIZONA DIAMON
Federal Reserve's favored inflation gauge tumbles in November as prices continue to ease
12/22/2023 11:19am • WASHINGTON (AP) — The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that Americans should benefit from reduced interest rates and get relief from painful price shocks in 2024. Friday's report from the Commerce Department showed that U.S.
High-income households in Northern Virginia can now qualify for a state housing loan
12/22/2023 09:53am • Virginia's housing finance authority is adding a new program to serve higher income levels with housing
loans
in Northern Virginia. Households that make more than $228,000 a year can now qualify for first-time homebuying assistance in Alexandria, Arlington and other counties or cities near the Di
Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7%
12/21/2023 01:03pm • LOS ANGELES (AP) — Homebuilders are stepping up construction of single-family homes following a steady decline in mortgage rates and broad expectations among economists that home loan borrowing costs will ease further next year. Builders broke ground on single-family homes in November at a seasona
Down again: Average long-term US mortgage rate falls to 6.67%, lowest level since June
12/21/2023 12:11pm • LOS ANGELES (AP) — Home loan financing costs eased again this week, pulling the average long-term U.S. mortgage rate down to a six-month low. The average rate on a 30-year mortgage dropped to 6.67% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.27%.
Is Refinancing a Mortgage Expensive?
12/20/2023 07:00pm • Refinancing a mortgage means getting a new loan to replace your current mortgage, which could lower your monthly payment or your interest rate. But lenders will charge you fees to refinance, just as they did when you got your initial loan. Here's what you need to know if you're considering whether a
Justice Department sues Texas developer accused of luring Hispanic homebuyers into predatory
loans
12/20/2023 06:38pm • WASHINGTON (AP) — The Justice Department filed its first predatory mortgage lending case Wednesday against a Texas developer accused of luring tens of thousands of Hispanic homebuyers into “bait and switch” sales through platforms like TikTok. The lawsuit focuses on a massive development north
From AI and inflation to Elon Musk and Taylor Swift, the business stories that dominated 2023
12/20/2023 05:57pm • The tide turned against inflation. Artificial intelligence went mainstream — for good or ill. Labor unions capitalized on their growing might to win more generous pay and benefits. Elon Musk renamed and rebranded the social media platform Twitter, removed guardrails against phony or obscene posts
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