Personal Finance News

personal-finance / Thu, May 26, 2022 11:32 AM

Average long-term mortgage rates fall; 30-year loan at 5.1%

Average long-term U.S. mortgage rates fell this week for the second week in a row, though interest rates on the key 30-year home loan remain at...

personal-finance / Thu, May 26, 2022 8:29 AM

US economy shrank by 1.5% in Q1 but consumers kept spending

The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government...

personal-finance / Thu, May 26, 2022 7:16 AM

As CEO pay grows even bigger, so does its complexity

Within the eight- and even nine-figure sums trumpeted for CEOs each year, just a small portion is actual cash

personal-finance / Wed, May 25, 2022 2:20 PM

Fed officials signal rates may head to 'restrictive' levels

Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the...

personal-finance / Wed, May 25, 2022 9:41 AM

Russia says it will pay foreign debt in rubles after US ban

Russia says it will pay dollar-denominated foreign debt in rubles, a move that is likely to be seen by foreign investors as a default

personal-finance / Wed, May 25, 2022 7:39 AM

This refreshing airline amenity is making a comeback

Many airlines, including Southwest Airlines and Delta Air Lines, have resumed full beverage, alcohol and in-flight meal services since cutting...

personal-finance / Wed, May 25, 2022 1:38 AM

US to end Russia's ability to pay international investors

The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default...

personal-finance / Tue, May 24, 2022 6:27 PM

UCLA to pay record of nearly $700M in doctor abuse lawsuits

The University of California system has agreed to pay $375 million to more than 300 women who said they were sexually abused by a longtime UCLA...

personal-finance / Tue, May 24, 2022 6:20 PM

Best Buy lowers outlook as Q1 results show inflation's bite

Best Buy Co. has posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits

personal-finance / Tue, May 24, 2022 5:41 PM

ExxonMobil loses bid to nix climate change lawsuit

Massachusetts’ highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading...

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