Personal finance

Robert F. Smith, left, laughs with David Thomas, center, and actress Angela Bassett at Morehouse College on Sunday, May 19, 2019, in Atlanta. Smith, a billionaire technology investor and philanthropist, said he will provide grants to wipe out the student debt of the entire graduating class at Morehouse College - an estimated $40 million. Smith, this year's commencement speaker, made the announcement Sunday morning while addressing nearly 400 graduating seniors of the all-male historically black college in Atlanta. (Bo Emerson/Atlanta Journal-Constitution via AP)
May 19, 2019 - 10:40 pm
A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans __ estimated at up to $40 million. Robert F. Smith, this year's commencement speaker, made the announcement while...
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FILE - In this April 1, 2019 file photo, attorney Michael Avenatti arrives at federal court in Santa Ana, Calif. An indictment filed against Avenatti, Wednesday, April 10, alleges he stole millions of dollars from clients, didn’t pay his taxes, committed bank fraud and lied in bankruptcy proceedings. (AP Photo/Jae C. Hong)
April 11, 2019 - 7:01 pm
LOS ANGELES (AP) — Federal prosecutors painted a picture of attorney Michael Avenatti on Thursday as a scheming operator who stole millions of dollars from clients, cheated on his taxes, lied to investigators and tried to hide money from debtors in bankruptcy proceedings. A 36-count indictment...
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FILE - In this Oct. 24, 2018, file photo, media, at left, record people entering the KC Mart in Simpsonville, S.C., after it was announced the winning Mega Millions lottery ticket was purchased at the store. The South Carolina lottery says a single winner has stepped forward to claim the $1.5 billion Jackpot from a drawing last October. A lottery commission statement says the person submitting the claim for what was the second-largest lottery in U.S. history has chosen to remain anonymous. (AP Photo/Jeffrey Collins, File)
March 04, 2019 - 6:28 pm
The mystery is over. Partly. Lottery officials on Monday announced that a South Carolina resident had stepped forward to claim the $1.5 billion Mega Millions jackpot from last October — the largest jackpot payout to a single winner in U.S. history — but elected to remain anonymous. A lottery...
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In this Thursday, Jan. 3, 2019, photo a realtor sign marks a home for sale in Franklin Park, Pa. On Thursday, Jan. 17, 2019, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Keith Srakocic)
January 17, 2019 - 9:54 am
WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week, after falling for six straight weeks to reach their lowest levels in nine months. Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, fixed-rate mortgage was unchanged from last week at 4.45 percent. Rates...
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FILE- In this Aug. 19, 2015, file photo the Internal Revenue Service Building in Washington. The prolonged government shutdown couldn’t come at a worse time for the Internal Revenue Service. The tax filing season is opening soon. And for taxpayers, payments for those who owe Uncle Sam likely will still be due April 15, but people due refunds could see a delay if the partial shutdown persists. (AP Photo/Andrew Harnik, File)
January 07, 2019 - 7:59 pm
WASHINGTON (AP) — Taxpayers who are owed refunds will be paid on time, despite the government shutdown that has closed many federal agencies, a Trump administration official said Monday as concern mounted over the risk that the payments could be delayed. The acting director of the White House...
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Annette Gray, left, from Valley Stream, N.Y., buys lottery tickets Friday Oct. 19, 2018, in New York. The estimated jackpot for Friday's Mega Millions drawing has soared to $1 billion. Gray said it's about "a dollar and a dream, but I spent ten today". (AP Photo/Bebeto Matthews)
October 22, 2018 - 7:08 am
CHICAGO (AP) — With the Mega Millions lottery jackpot at a record $1.6 billion, people are snapping up tickets across the U.S. The Powerball jackpot also has climbed. It's up to an estimated $620 million for Wednesday's drawing. That would make it the fifth-largest jackpot in U.S. history. But much...
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FILE- In this Aug. 30, 2018, file photo a sale signs stand outside a home on the market in Denver. On Friday, Oct. 19, the National Association of Realtors reports on sales of existing homes in September. (AP Photo/David Zalubowski, File)
October 19, 2018 - 9:20 am
WASHINGTON (AP) — U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4 percent last month, the biggest drop in 2 ½ years, to a seasonally...
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The Mega Millions jackpot is displayed at the Corner Market, Wednesday, Oct. 17, 2018, in Lyndhurst, Ohio. The lottery jackpot is now up to $900 million. The next drawing will be Friday. The estimated jackpot for that drawing would be the second-largest lottery prize in U.S. history. (AP Photo/Tony Dejak)
October 18, 2018 - 10:28 am
DES MOINES, Iowa (AP) — Despite the terrible odds — one in 302.5 million for those keeping score at home — someone will eventually match all six numbers and win the Mega Millions jackpot, now at $900 million. It could happen as soon as Friday night, when the next drawing is held, leaving most of us...
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FILE - In this Feb. 11, 2005 file photo, trays of printed social security checks wait to be mailed from the U.S. Treasury's Financial Management services facility in Philadelphia. Tens of millions of Social Security beneficiaries and other retirees can expect an increase in benefits next year as inflation edges higher. The government announced a cost-of-living adjustment of 2.8 percent on Thursday. That would mean an extra $39 a month for the average retired worker. (AP Photo/Bradley C. Bower, File)
October 11, 2018 - 12:28 pm
WASHINGTON (AP) — Tens of millions of Social Security recipients and other retirees will get a 2.8 percent boost in benefits next year as inflation edges higher. It's the biggest increase most retired baby boomers have gotten. Following a stretch of low inflation, the cost-of-living adjustment, or...
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Michael Cohen, former personal lawyer to President Donald Trump, leaves his apartment building, in New York, Tuesday, Aug. 21, 2018. Cohen could be charged before the end of the month with bank fraud in his dealings with the taxi industry and with committing other financial crimes, multiple people familiar with the federal probe said Monday. (AP Photo/Richard Drew)
August 21, 2018 - 5:40 pm
NEW YORK (AP) — Michael Cohen, President Donald Trump's former personal lawyer and "fixer," pleaded guilty Tuesday to campaign-finance violations and other charges, saying he and Trump arranged the payment of hush money to porn star Stormy Daniels and a former Playboy model to influence the...
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