Personal finance

1010 WINS Newsroom
May 18, 2020 - 10:35 am
HONOLULU (AP) — Hawaii’s largest public pension fund suffered its worst quarterly loss in more than 17 years because of the economic impact of the coronavirus. The state Employees’ Retirement System investments fell 9.5%, The Honolulu Star-Advertiser reported Sunday. The fund’s assets, which...
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This April 16, 2020 photo shows a real estate company sign marking a home for sale in Harmony, Pa. Long-term U.S. mortgage rates were mixed this week, continuing to hover near all-time lows. Mortgage buyer Freddie Mac reports that the average rate on the benchmark 30-year home loan edged up to 3.26% from 3.23% last week, which was the lowest level since Freddie started tracking rates in 1971. (AP Photo/Keith Srakocic)
1010 WINS Newsroom
May 14, 2020 - 3:43 pm
WASHINGTON (AP) — Long-term U.S. mortgage rates were mostly steady this week, hovering near all-time lows. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year home loan edged up to 3.28% from 3.26% last week. A year ago, the rate stood at 4.07%. The average...
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FILE - In this Nov. 25, 2019, file photo a sign for TD Ameritrade is shown on an office window for the brokerage in New York. The lure of snapping up stocks at bargain prices has been too strong to pass up for many people, even as uncertainty over the coronavirus pandemic clouds the market and global economic outlook. Stuck at home, but armed with online trading apps, individual investors helped drive the historic comeback for stocks since late March 2020. (AP Photo/Mark Lennihan, File)
1010 WINS Newsroom
May 14, 2020 - 1:06 pm
LOS ANGELES (AP) — The lure of snapping up stocks at bargain prices has been too strong to pass up for many people, even as uncertainty over the coronavirus pandemic clouds the market and global economic outlook. Stuck at home, but armed with online trading apps, individual investors helped drive...
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Becky Richards keeps an eye out for customers at a recently-reopened Starbucks, Wednesday, May 13, 2020, in Freeport, Maine. Business has been slow at the coffee shop as most of it's neighboring retail stores remain closed during the coronavirus pandemic. (AP Photo/Robert F. Bukaty)
1010 WINS Newsroom
May 13, 2020 - 2:55 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to national and global response, the work place and the spread of the virus. ________________________ TRAVEL & LEISURE: Boeing said this week that it's...
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FILE - This Aug. 11, 2019 file photo shows credit cards in New Orleans. U.S. consumer borrowing fell in March for the first time in more than eight years, with the category covering credit cards dropping by the largest amount in over three decades, the Federal Reserve reported Thursday, May 7, 2020. (AP Photo/Jenny Kane, file)
1010 WINS Newsroom
May 12, 2020 - 2:32 pm
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices. And excluding the normally volatile categories of food and energy...
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FILE - This April 13, 2014, file photo shows the Internal Revenue Service (IRS) headquarters building in Washington. The Treasury Department and the IRS are urging taxpayers who want to get their economic impact payments directly deposited to their bank accounts to enter their information online by Wednesday, May 11, 2020. The IRS said that people should use the “Get My Payment” tool on the IRS website by noon on Wednesday to provide their direct deposit information. (AP Photo/J. David Ake, File)
1010 WINS Newsroom
May 11, 2020 - 5:30 pm
The Treasury Department and the IRS are urging taxpayers who want to get their economic impact payments directly deposited to their bank accounts to enter their information online by Wednesday. The government has sent out about 130 million payments in the first four weeks of the program by both...
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In this photo issued by 10 Downing Street on Sunday, May 10, 2020, Britain's Prime Minister Boris Johnson delivers an address on lifting the country's lockdown amid the coronavirus pandemic. Johnson announced a modest easing of the country’s coronavirus lockdown and outlined his government’s road map for further lifting restrictions in the coming months. In a televised address to the nation, Johnson said people in Britain who can’t work from home, such as those in construction or manufacturing jobs, “should be actively encouraged to go to work” this week. (Andrew Parsons/10 Downing Street via AP)
1010 WINS Newsroom
May 11, 2020 - 1:09 pm
LONDON (AP) — The British government performed an about-face on masks Monday, telling people to cover their mouth and nose in shops, buses and subway trains. The change came as part of what Prime Minister Boris Johnson called the ”first careful measures” to lift a nationwide lockdown imposed seven...
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FILE - In this May 7, 2020, file photo President Donald Trump listens during a meeting about the coronavirus response in the Oval Office of the White House in Washington. Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday, May 12. (AP Photo/Evan Vucci, File)
1010 WINS Newsroom
May 10, 2020 - 10:02 am
WASHINGTON (AP) — President Donald Trump is hoping to persuade a Supreme Court with two of his appointees to keep his tax and other financial records from being turned over to lawmakers and a New York district attorney. The justices are hearing arguments by telephone Tuesday in a pivotal legal...
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In this April 23, 2020, file photo, President Donald Trump's name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak, in San Antonio. President Donald Trump, Treasury Secretary Steven Mnuchin and now the IRS are urging people who received coronavirus relief payments for a deceased taxpayer to return the money to the government. But legal experts say there is no law requiring people do that. (AP Photo/Eric Gay, File)
1010 WINS Newsroom
May 07, 2020 - 8:41 pm
President Donald Trump, Treasury Secretary Steven Mnuchin — and now the IRS — are urging people who received coronavirus relief payments for a deceased taxpayer to return the money to the government. But legal experts say there is no law requiring people do that. Some of the more than 130 million...
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FILE - In this Nov. 15, 2019, file photo an Uber office is seen in Secaucus, N.J. Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic. (AP Photo/Seth Wenig, File)
1010 WINS Newsroom
May 07, 2020 - 7:53 pm
NEW YORK (AP) — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain. The ride-hailing giant said Thursday it is offloading...
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