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Money

News related to money, savings and the economy.

State Farm ceasing new applications in California for property insurance, other policies

State Farm ceasing new applications in California for property insurance, other policies

The State Farm General Insurance Company will no longer accept new applications for property insurance and other policies in California, citing "historic" increases in construction costs and inflation, the company said Friday. 

May 27, 2023 11:47am PDT
San Francisco’s Market Street Old Navy to close, company says

San Francisco’s Market Street Old Navy to close, company says

The iconic Old Navy store on Market Street in downtown San Francisco will shutter its doors on July 1 after nearly 30 years in operation, a spokesperson for Gap Inc., Old Navy’s parent company, announced on Friday.

May 27, 2023 8:28am PDT
Southern accents could cost job seekers a 20% wage penalty, study finds

Southern accents could cost job seekers a 20% wage penalty, study finds

Another recent study says job applicants with Southern accents are the fourth most likely to change how they talk.

May 27, 2023 8:04am PDT
Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid

Debt ceiling talks 'closer to an agreement,' stuck on work requirements for food aid

The US could default on its debt obligations by June 5 if lawmakers don't act in time.

May 27, 2023 7:17am PDT
New college graduates worried about job prospects with shaky market

New college graduates worried about job prospects with shaky market

Companies in a national survey say they still expect to hire about 4% more college graduates in 2023 compared to 2022, but they are less optimistic about the pace of hiring than they were late last year.

May 26, 2023 6:48pm PDT
San Jose officials try to save neglected historic church while owner on house arrest

San Jose officials try to save neglected historic church while owner on house arrest

The city of San Jose is preparing to fine a developer a $1,000 a day for neglecting a historic downtown church. If the church is not sold to someone else soon, city officials said they may take ownership.

May 26, 2023 6:18pm PDT
10 lighthouses being given away, sold at auction by US government

10 lighthouses being given away, sold at auction by US government

Ten lighthouses that for generations have stood like sentinels along America’s shorelines protecting mariners from peril and guiding them to safety are being given away at no cost or sold at auction by the federal government.

May 26, 2023 1:33pm PDT
Supreme Court rules in favor of 94-year-old woman who got nothing when Hennepin County took her condo

Supreme Court rules in favor of 94-year-old woman who got nothing when Hennepin County took her condo

A unanimous Supreme Court on Thursday gave a 94-year-old Minneapolis woman a new chance to recoup some money after the county kept the entire $40,000 when it sold her condominium over a small unpaid tax bill.

May 25, 2023 8:46am PDT
Debt ceiling talks stuck, sides 'far apart' as June 1 deadline nears

Debt ceiling talks stuck, sides 'far apart' as June 1 deadline nears

A defiant House Speaker Kevin McCarthy says the debt ceiling standoff is “not my fault" after he sent Republican negotiators to the White House to finish out debt limit talks.

May 24, 2023 6:02pm PDT
DoorDash accused in lawsuit of charging iPhone users more for delivery

DoorDash accused in lawsuit of charging iPhone users more for delivery

The lawsuit claims iPhone users are charged extra fees on top of their food delivery bill.

May 24, 2023 1:38pm PDT
Netflix to charge extra $7.99 a month for users outside US subscribers' households

Netflix to charge extra $7.99 a month for users outside US subscribers' households

Netflix has outlined how it intends to crack down on the rampant sharing of account passwords in the U.S. It's an attempt to reel in more subscribers to its video streaming service amid a slowdown in growth.

May 23, 2023 2:53pm PDT
Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting

Debt ceiling: No agreement yet, but Biden, McCarthy say they're optimistic after meeting

President Joe Biden and House Speaker Kevin McCarthy say they and their lead negotiators have had a productive meeting at the White House on the impasse over the government's debt ceiling.

May 22, 2023 6:25pm PDT
Venmo for teens: Social payment app officially available for those 13 and up

Venmo for teens: Social payment app officially available for those 13 and up

Although many already use it, teens are now officially allowed to open a Venmo account with their parent's permission.

May 22, 2023 6:42am PDT
Debt ceiling explained: Why it's a struggle, how the impasse could end

Debt ceiling explained: Why it's a struggle, how the impasse could end

Negotiations are continuing over raising the nation's debt ceiling and mere days before the government could reach a “hard deadline” and run out of cash to pay its bills.

May 22, 2023 4:40am PDT
Taylor Swift ticket snafu leads Massachusetts dad to spend $21,000 for last-minute seats

Taylor Swift ticket snafu leads Massachusetts dad to spend $21,000 for last-minute seats

Tickets for Swift’s Eras Tour have been notoriously hard to get.

May 21, 2023 7:22am PDT
Government forcing Navy retirees to pay back up to $70K after system glitch

Government forcing Navy retirees to pay back up to $70K after system glitch

Navy retirees could owe anywhere from $35 to $75,000 as a result of the system glitch.

May 20, 2023 10:34am PDT
California veterans push for exemption on military retirement pay

California veterans push for exemption on military retirement pay

A group of veterans and supporters are urging the California Assembly to take up a bill that would impact military retirement pay.

May 17, 2023 6:30pm PDT
Today's mortgage rates rise, but 15-year terms hold firm as lowest rate | May 17, 2023

Today's mortgage rates rise, but 15-year terms hold firm as lowest rate | May 17, 2023

Check out the mortgage rates for May 17, 2023, which are mixed from yesterday.

May 17, 2023 9:47am PDT
Texas parents charge 19-year-old daughter rent; reveal criticism and support

Texas parents charge 19-year-old daughter rent; reveal criticism and support

People are sounding off on TikTok as parents charging their children rent has become a topic of discussion. Check out how one family navigated their adult daughter living at home.

May 17, 2023 4:10am PDT
Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week

Debt ceiling: Biden cuts short upcoming trip; McCarthy says deal possibly by end of week

The U.S. Treasury is warning that the U.S. could run out of cash to keep paying the nation’s bills as soon as June 1 if there is no agreement.

May 16, 2023 3:33pm PDT
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