Financial

FILE - In this July 12, 2019, file photo Jake Summers puts concrete bags in front of a business in the French Quarter in New Orleans, ahead of Tropical Storm Barry. With earthquakes in California and Hurricane Barry striking states along the Gulf of Mexico and in the Midwest, small business owners should look at their insurance policies and determine how well covered they’d be in the event of a natural disaster. (AP Photo/David J. Phillip, File)
July 22, 2019 - 10:24 am
NEW YORK (AP) — With earthquakes in California and Hurricane Barry striking states along the Gulf of Mexico and in the Midwest, small business owners should look at their insurance policies and determine how well covered they'd be in the event of a natural disaster. Damage from tornadoes and the...
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FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
July 22, 2019 - 9:11 am
As a spokesperson for the insurance industry, Loretta Worters often gives tips to homeowners on preventing water damage. Some of her knowledge comes from personal experience. Worters says she had owned a home in Bellmore, New York, for only a month when she noticed the clothes washer in the...
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July 20, 2019 - 5:31 pm
WASHINGTON (AP) — A Trump administration official says tech company executives are due to meet Monday at the White House with the president's chief economic adviser, Larry Kudlow. The official says participants will discuss "economic matters" and talks could touch on Huawei. The White House...
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FILE - In this May 16, 2018, file photo, the J.C. Penney logo is seen hanging outside the Manhattan Mall in New York. J.C. Penney, looking to soothe rattled investors, said Friday, July 19, 2019, it hasn’t hired any advisers to prepare for an in-court restructuring or bankruptcy. (AP Photo/Mary Altaffer, File)
July 19, 2019 - 7:05 pm
NEW YORK (AP) — J.C. Penney, looking to soothe rattled investors, said Friday it hasn't hired any advisers to prepare for an in-court restructuring or bankruptcy. The company's statement came after a report said Penney was hiring experts to help restructure its debt. Reuters reported Thursday that...
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July 19, 2019 - 8:44 am
NEW YORK (AP) — American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards. The New York company said it earned a profit of $1.76 billion, or $2.07 a share. That's up from...
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FILE - This Oct. 4, 2016, file photo shows a mockup of an American Express Platinum Card provided by the company, in New York. American Express reports earnings Friday, July 19, 2019. (AP Photo/Patrick Sison, File)
July 19, 2019 - 8:01 am
NEW YORK (AP) — American Express is reporting a profit hike of more than 8% from the second-quarter. The company on Friday posted net income of $1.76 billion, or $2.07. That's a 2-cent beat on Wall Street projections, according to a survey by Zacks Investment Research. Revenue of $10.84 billion...
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Democratic presidential candidate and South Bend, Ind. Mayor Pete Buttigieg speaks at the 2019 Essence Festival at the Ernest N. Morial Convention Center on Sunday, July 7, 2019, in New Orleans. (Photo by Amy Harris/Invision/AP)
July 18, 2019 - 2:38 pm
WASHINGTON (AP) — A-list celebrities seem to be opening their hearts — or at least their wallets — to Pete Buttigieg. The South Bend, Indiana, mayor was a virtual unknown months ago. But he used breakout town hall performances, viral moments and his biography as a millennial, gay military veteran...
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FILE - In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. Union Pacific Corp. reports earnings Thursday, July 18, 2019. (AP Photo/Nati Harnik, File)
July 18, 2019 - 1:33 pm
OMAHA, Neb. (AP) — Union Pacific Corp. delivered 4% more profit in the second quarter even though it hauled less freight because it cut its expenses by 7%. The Omaha, Nebraska-based railroad said Thursday it earned $1.57 billion, or $2.22 per share, in the quarter. That's up from $1.51 billion, or...
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FILE - This June 13, 2019, file photo shows a new home is for sale in Mechanicsville, Va. On Thursday, July 18, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Steve Helber, File)
July 18, 2019 - 1:29 pm
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week after three weeks of holding steady, tipped higher by expectations that the Federal Reserve could reduce interest rates soon. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage increased to 3.81...
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This July 12, 2019, photo shows the UnitedHealthcare headquarters in Minneapolis. UnitedHealthcare Inc. reports earnings Thursday, July 18, 2019. (AP Photo/Jim Mone)
July 18, 2019 - 10:58 am
UnitedHealth raised profit expectations for the year after second-quarter earnings climbed almost 13%, and the nation's largest health insurer continued expanding beyond its core business and into care delivery. A nearly 12% jump in revenue from the company's pharmacy benefit management operation...
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