Personal finance

FILE- In this May 20, 2015 file photo, Midtown Manhattan, including the Empire State Building, center, are seen from the observatory at One World Trade Center in New York. The Trump administration announced new rules Thursday, Aug. 23, 2018, aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. (AP Photo/Mark Lennihan, File)
August 23, 2018 - 9:14 pm
WASHINGTON (AP) — The Trump administration has laid down rules aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. The action under the new Republican tax law pits the government against high-tax, heavily Democratic states in an...
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In this Tuesday, Aug. 21, 2018, photo, a home has been sold sign in Melrose, Mass. On Thursday, Aug. 23, Freddie Mac reports on the week’s average U.S. mortgage rates. (AP Photo/Elise Amendola, File)
August 23, 2018 - 11:18 am
WASHINGTON (AP) — Long-term U.S. mortgage rates fell this week for the third consecutive week, yet they remain significantly higher than a year ago. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages ticked down to 4.51 percent from 4.53 percent last week. A year ago...
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This courtroom sketch shows Paul Manafort listening to U.S. District court Judge T.S. Ellis III at federal court in Alexandria, Va., Tuesday, Aug. 21, 2018. Manafort, the longtime political operative who for months led Donald Trump's winning presidential campaign, was found guilty of eight financial crimes in the first trial victory of the special counsel investigation into the president's associates. A judge declared a mistrial on 10 other counts the jury could not agree on. (Dana Verkouteren via AP)
August 22, 2018 - 12:04 pm
ALEXANDRIA, Va. (AP) — Paul Manafort, the longtime political operative who for months led Donald Trump's successful presidential campaign, was found guilty of eight financial crimes in the first trial victory of the special counsel investigation into the president's associates. A judge declared a...
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In this Tuesday, Aug. 21, 2018 photo, a home has a sold sign in North Reading, Mass. On Wednesday, Aug. 22, the National Association of Realtors reports on sales of existing homes in July. (AP Photo/Elise Amendola)
August 22, 2018 - 11:10 am
WASHINGTON (AP) — U.S. sales of existing homes slipped for the fourth consecutive month, declining 0.7 percent in July to the slowest pace in more than two years as the real estate market shows signs of cooling. The National Association of Realtors said Wednesday that homes sold last month at a...
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President Donald Trump steps off Air Force One as he arrives Tuesday, Aug. 21, 2018, at Andrews Air Force Base, Md. (AP Photo/Alex Brandon)
August 22, 2018 - 12:31 am
WASHINGTON (AP) — His name is Donald John Trump, but federal prosecutors have a simpler moniker for the 45th president: Individual 1. Dry legalese and generic aliases could do nothing to tone down the tale of the scheme to protect Trump outlined in court documents Tuesday. The criminal campaign...
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This NASA satellite imagery shows Hurricane Lane in the Central Pacific Ocean southeast of the Hawaiian Islands Tuesday, Aug. 21, 2018. South Point on the Big Island of Hawaii is outlined at top left. Hawaii residents rushed to grocery stores Tuesday to stock up on bottled water, ramen and toilet paper as they faced the threat of heavy rain, flash flooding and high surf from the powerful and erratic hurricane expected to churn close to the islands or directly over them. The National Weather Service issued a hurricane watch for Hawaii, Maui and other smaller islands, meaning tropical storm-force winds, excessive rain and large swells could arrive starting Wednesday. (NASA via AP)
August 21, 2018 - 9:44 pm
HONOLULU (AP) — Hawaii residents rushed to grocery stores Tuesday to stock up on bottled water, ramen and toilet paper as they faced the threat of heavy rain, flash flooding and high surf from a powerful and erratic hurricane expected to churn close to the islands or directly over them. The...
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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 - 7:52 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 Trump directed him to arrange the payment of hush money to porn star Stormy Daniels and a former Playboy model to influence the...
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Turkey's President Recep Tayyip Erdogan, as he shakes hands with Qatar's Emir Sheikh Tamim bin Hamad Al Thani prior to their talks at the Presidential Palace in Ankara, Turkey, Wednesday, Aug. 15, 2018. Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal _ a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis. (Presidential Press Service via AP, Pool)
August 16, 2018 - 7:56 pm
ANKARA, Turkey (AP) — The latest on Turkey's currency crisis (all times local): 2:55 a.m. President Donald Trump is calling on jailed pastor Andrew Brunson to serve as a "great patriot hostage" while he's being held in Turkey. Tweeting on Thursday, Trump says: "Turkey has taken advantage of the...
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People walk past a Turkish flag on a mosque compound in Istanbul, Wednesday, Aug. 15, 2018. The Turkish government’s framing of its problems as an epic battle for sovereignty against outside enemies, particularly U.S. President Donald Trump, resonates among core supporters. (AP Photo/Lefteris Pitarakis)
August 16, 2018 - 11:19 am
ANKARA, Turkey (AP) — Turkey's finance chief tried to reassure thousands of international investors on a conference call Thursday, in which he pledged to fix the economic troubles that have seen the country spiral into a currency crisis. The national currency recovered somewhat from record lows hit...
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People change money at a currency exchange shop in Istanbul, Wednesday, Aug. 15, 2018. The Turkish lira currency has nosedived in value in the past week over concerns about Turkey's President Recep Tayyip Erdogan's economic policies and after the United States slapped sanctions on Turkey angered by the continued detention of an American pastor. (AP Photo/Lefteris Pitarakis)
August 15, 2018 - 12:17 pm
ANKARA, Turkey (AP) — Turkey said Wednesday it is increasing tariffs on some U.S. products like cars, alcohol, and coal — a move that is unlikely to have much economic impact but highlights the deteriorating relations with the U.S. in a feud that has already helped trigger a currency crisis . The...
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