Ting Shen/Bloomberg via Getty Images The Consumer Financial Protection Bureau announced an interim rule on Monday that will allow tenants to sue debt collectors who violate the national ban on evictions. Attorneys for landlords and other debt collectors who wrongly evict tenants could also face federal and state prosecution, the bureau said. In addition, these
Personal finance
urbazon | E+ | Getty Images If you haven’t received your $1,400 stimulus check, you may still be eligible for the money. About 159 million stimulus payments have been sent since Congress authorized a third round of stimulus checks in March. Those payments total more than $376 billion. They include up to $1,400 per adult,
Halfpoint Images | Moment | Getty Images Millions of Americans have received some form of financial support from the government to help them get through the Covid-19 pandemic. The coronavirus has prompted the federal government to send three sets of stimulus checks, increase federal unemployment benefits and extend the duration and eligibility of those benefits,
The government’s stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit. Mark Chilton | iStock | Getty Images Phyllis Wintter has had student debt for more than 30 years. At 67, she still owes around $48,000. Now she hopes that change could be coming, and that
People wait in line at a food distribution site in the South Bronx on March 10, 2021 in New York. Spencer Platt | Getty Images News | Getty Images It’s been about a year since millions of Americans filed for unemployment benefits in the early days of the Covid pandemic. That anniversary seems to
Getty Images With the end of tax-filing season swiftly approaching, people who worked in multiple states last year due to Covid may be wondering — where do I owe taxes? The answer might not be simple. Between March 2020 and October 2020, nearly 9 million Americans relocated, according to research from the National Association of
Ty Wright | Bloomberg | Getty Images It’s a challenging time to be a car buyer. High consumer demand coupled with a manufacturing shortage of microchips — key parts needed for today’s autos to operate — have pinched new-car inventory at dealerships across the country. And with drivers seeking affordable options for hitting the open
As financial literacy advocates push for more personal finance education in schools, students are also joining the cause. Only 21 states require personal finance coursework to graduate high school, with just a handful mandating a stand-alone class, according to the Council for Economic Education. Yet research shows that those who have some financial education typically
Matthew Turner (on the right) and his husband, Gerard. Photo: Matthew Turner Since Matthew Turner was laid off in October, he estimates he’s applied to close to 600 jobs, with no luck. Nearly as difficult has been his hunt for rental assistance. Turner’s contacted many local organizations in North Carolina where he lives, but has
MoMo Productions Parents may soon start getting monthly payments from the IRS, due to a recent change to the child tax credit. IRS Commissioner Charles Rettig said Tuesday that the agency was on track to start issuing that aid in July. Here’s what taxpayers need to know about the tax credit and income stream. Child
In this article PWC Pekic | E+ | Getty Images There’s a shift happening in corporate America. The coronavirus pandemic, which resulted in mass layoffs and reduced salaries and work hours, has left millions of people financially stressed. Employers are starting to respond. “The role of employers has really evolved,” said Julia Lamm, a New
Bernie Madoff exits federal court March 10, 2009, in New York. Mario Tama | Getty Images News | Getty Images Bernie Madoff was perhaps the starkest reminder that financial advisors can go rogue — and, when they do, people stand to lose a lot of money. Fortunately, there are steps investors can take to limit
Signs calling for more relief, a second Paycheck Protection Program and more as part of a campaign by Goldman Sachs supporting small businesses near the U.S. Capitol on Jan. 5, 2021. BRENDAN SMIALOWSKI | AFP | Getty Images Stimulus checks have injected about $850 billion in financial support to Americans over the past year. Now,
. recep-bg | E+ | Getty Images Almost a year after college graduation, 45% of the class of 2020 are still looking for work, according to a survey from career website Monster. New graduates will join them in May. While the economy has improved since last year, the employment outlook is still far from pre-pandemic
Senate Finance Committee Chairman Ron Wyden, D-Ore., speaks at a Senate Finance Committee hearing at the U.S. Capitol on Feb. 25, 2021. Tasos Katopodis | Getty Images News | Getty Images A Senate bill introduced Wednesday would broadly reform the U.S. unemployment system, seeking to plug gaps in the safety net for jobless Americans in
LaylaBird Many taxpayers get a refund from the IRS. Not all are created equal. Some taxpayers receive significantly higher refunds after filing their returns, according to an analysis of IRS data done by LendingTree. In 2018, the latest available data, the average refund across the board was about $3,660, according to the study. However, taxpayers
College students searching for summer gigs are in for a shock. 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. Roughly 47% of young people were employed in July 2020, down from 56% a year
kate_sept2004 | E+ | Getty Images There’s good news for American families. The IRS plans to begin sending monthly payments from the new $3,000 child tax credit in July, Commissioner Charles Rettig said Tuesday during a hearing with the Senate Finance Committee. The new and significantly expanded child tax credit was included in the $1.9 trillion
Alex Wong | Getty Images News | Getty Images While the latest stimulus package and a new massive infrastructure bill are the main topics of conversation in Washington of late, President Joe Biden continues to be under mounting pressure to take action on student loan forgiveness, too. Sen. Elizabeth Warren, D-Mass., held a hearing on
If you were waitlisted at your dream college, join the club. The hardest application cycle to date left more students in limbo than ever before. In addition to the number of gap-year students who already accounted for as much as a quarter of next year’s freshman class, schools were “test optional” for the first time