Masked visitors view art at El Museo del Barrio’s Estamos Bien exhibit. The museo has reopened but at limited capacity. Michael Palma Mir When the Paycheck Protection Program ran out of funding the first week of May – weeks ahead of its May 31 deadline – it was a huge surprise to the staff of
Personal Finance
Morsa Images | E+ | Getty Images The U.S. stock market is back in choppy waters. On Wednesday, all three major U.S. indices — the Dow, S&P 500 and Nasdaq — slid on fears that rising inflation will lead to higher prices and boost interest rates, capping off a three-day losing streak in the market.
In this article TVAG-FF Axel Hefer, CEO of Trivago Trivago It’s been said there’s no gain without pain and that what doesn’t kill you makes you stronger. Online travel search firm Trivago seem to have taken the sentiment to heart amid an ongoing pandemic that’s put its industry through the wringer for some 14 months.
In this article IRSA3-AR FatCamera | E+ | Getty Images There are only a few days left for individuals to file their 2020 tax returns without risking a penalty from the IRS. This year, the deadline for tax returns is Monday, May 17. In March, the IRS pushed back the date for individual returns due
Scott Olson | Getty Images If you’re lucky — as in really, really lucky — that $2 Mega Millions ticket you’re holding could be worth $430 million by Saturday. That’s the face value of the jackpot heading into Friday night’s drawing. Yet whether you’d choose to receive the prize as an annuity spread over three
Shirley Chung prepares a dish at the Michael Muller’s HEAVEN, presented by The Art of Elysium, event on Jan. 5, 2019 in Los Angeles. Phillip Faraone | Getty Images Entertainment | Getty Images When the pandemic hit, chef and reality TV star Shirley Chung quickly pivoted her restaurant business to manage through the crisis. Dealing
Sophie Evanoff, owner of Vanille Patisserie in Chicago, is having a hard time finding workers. Source: Sophie Evanoff She managed to keep her bakery business afloat during the pandemic, but now Sophie Evanoff, owner of Vanille Patisserie in Chicago, can’t keep up with demand. The culprit: her inability to find workers. “It is to the
Jose Luis Pelaez Inc | DigitalVision | Getty Images New York City has joined a short but growing list of jurisdictions aiming to get workers into a retirement plan. Mayor Bill de Blasio signed a bill into law this week that will require most employers not offering a workplace plan to automatically enroll their workers
kate_sept2004 | E+ | Getty Images A new batch of $1,400 stimulus checks has been issued to Americans, bringing the total number of payments sent to about 165 million, or $388 billion. This marks the ninth set of payments since the $1,400 stimulus checks were authorized by Congress in March. The checks are for up
Luis Alvarez | DigitalVision | Getty Images The April jobs report has ignited controversy over what some see as competing interests: unemployment benefits and returning to work. But there’s a way to get both — including the extra $300 a week. “The $300 is what will attract people back to work,” Susan Houseman, research director
Justin Mackey, his wife, Cassie, and their three young children: Camdyn, 14, Connor, 7, and Charlie, 3. While Justin Mackey worked to rebuild his locksmith business, the 38-year-old was relying on getting a $420-a-week unemployment check for another four months. That money was a fraction of what he brought home before the pandemic shut down
Gov. Asa Hutchinson said Arkansas will end enhanced unemployment benefits June 26. Andrew Harrer/Bloomberg via Getty Images Tensions are flaring over a $300 supplement to weekly unemployment benefits. A weaker-than-expected April jobs report has led to outcry in some circles that the payments are fueling a labor shortage. The extra aid offers an incentive for
Marko Geber | DigitalVision | Getty Images Americans will be able to stash away more money in health savings accounts next year. Individuals with self-only coverage will be able to save up to $3,650 in an HSA in 2022, the IRS announced Monday. Those with family coverage will be able to save $7,300. More from
bymuratdeniz | iStock | Getty Images If you haven’t filed your 2020 tax return, the clock is ticking. The deadline for 2020 returns is Monday, May 17. In March, the IRS pushed back the date for individual returns due to the coronavirus pandemic, giving most Americans an extra month to file. Even with the additional
Mary Ann Sergeant Source: Kara Sergeant After a year of grappling with the pandemic, many baby boomers have made changes to their retirement plans. Mary Ann Sergeant, 65, spent more than 15 years working as a pharmacy technician at Anna Jaques Hospital in Newburyport, Massachusetts. She wasn’t planning to retire from the community hospital for
Hiring was a huge letdown in April, but teenagers looking for summer gigs may be in luck. The Covid pandemic, of course, hit this group especially hard. Last summer, the unemployment rate for 16-to-24 year olds was 18.5%, about twice as high as the year before. (July is typically when youth employment peaks.) Now, heading into the
VCG | Visual China Group | Getty Images Maybe you’ve seen one too many headlines about the explosive rise in value of dogecoin, or heard one too many stories about someone making a life-changing profit off the cryptocurrency, and now you’re ready to get in. You might be thinking, so what if the coin started
Flood waters stream down the road in Muhlenberg Township, Pennsylvania, after a major storm last August. Ben Hasty | MediaNews Group | Getty Images Continuing climate change and soaring lumber costs are two things you may need to consider when it comes to your homeowners insurance. Whether you live in an area prone to hurricanes,
Samuel Corum/Bloomberg via Getty Images At least 7 million people likely qualify for tax refunds on unemployment benefits received last year, a new report suggests. The American Rescue Plan, which President Joe Biden signed in March, waived federal tax on up to $10,200 of jobless benefits, per person, collected in 2020. Taxpayers qualify if their
urbazon | E+ | Getty Images For some would-be homeowners, coming up with the cash to buy a house can be tricky. Depending on your situation, a Roth individual retirement account could help. In a nutshell, up to $10,000 in Roth IRA earnings can be withdrawn — free of both taxes and penalty — for
Students wearing protective masks raise their hands in a classroom as a teacher gives a lesson remotely at a public charter school in Provo, Utah, U.S., on Thursday, Aug. 20, 2020. George Frey | Bloomberg via Getty Images It’s a question many a personal finance educator has asked: What’s the best way to engage my
Montana Gov. Greg Gianforte, a Republican, is ending participation in federal unemployment programs June 27. William Campbell | Corbis News | Getty Images Montana is ending its expansion of unemployment benefits — including a $300 weekly increase in aid — more than two months early. Some fear that other states will take similar measures before
Unemployment applications are seen as City of Hialeah employees hand them out to people in front of the John F. Kennedy Library on April 08, 2020 in Hialeah, Florida. Joe Raedle/Getty Images Workers asked to repay unemployment benefits issued during the Covid pandemic may be getting a refund. However, it may take states up to
Scott Olson | Getty Images There’s a chance someone holding a Mega Millions ticket is about to become one of the wealthier people in the U.S. The jackpot for Tuesday night’s drawing is $345 million (lump sum cash option: $234.6 million). While you may be daydreaming about what you’d buy with the money if you’re
Austin Hossfeld and his wife, Hayley. Photo: Austin Hossfeld Every day, Austin Hossfeld types the same words into Google: “Biden” and “student loans.” “A lot of the times, it’s the same articles,” Austin, 26, said. “I re-read them. “At night, I talk to my wife about it.” Like so many other Americans, the Carroll, Ohio,
Kelvin Murray | Getty Images It’s no secret that the Covid-19 pandemic has hurt workers of all ages. Yet when it comes to older workers — those ages 50 to 62 and up — some may have fared worse than they did during the Great Recession, according to recent research from the Center for Retirement
Image Source | Getty Images The wealthiest Americans may soon face a slew of tax hikes. President Joe Biden wants to raise taxes on single filers likely with income over $452,700 and couples earning more than $509,300. But the plan may wind up penalizing some higher-earning married couples. The marriage penalty “It’s not the first
PeopleImages | E+ | Getty Images If you are in the market for a new house, you may be overlooking one key to your success: your credit score. That three-digit number has a direct impact on your ability to get a mortgage and what interest rate you will pay. Mortgage rates are at two-month lows,
With money at the root of a lot of relationship issues, it’s no surprise that most people won’t swipe right on a date with bad credit. More than one-third, or 38%, of adults would reconsider a romantic relationship because of the other person’s debt, a 12% jump from a year ago, according to a recent study
Tyler Marks, his wife, Maranda, and their daughter, Layla, 3, and two sons, Hayden, 7, and Atticus,1. Courtesy: Marks family His name is Tyler Marks. But he showed up on the gray screen during his eviction hearing as Call-in User_3. Unemployed for most of the pandemic, Marks couldn’t afford to buy a laptop or computer
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