Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. While the economic recovery has brought back jobs since the lowest point of the Covid-19 crisis, millions of Americans remain unemployed. John Sommers II The U.S. is weeks
Personal finance
The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images Even amid a pandemic, many popular companies have gone public, giving investors an opportunity to purchase their stock. But getting in early might not be the best strategy.
Hero Images | Hero Images | Getty Images Personal finance experts go by many names – coaches, advisors, planners, therapists and more. For some, these names signal different types of education and regulatory oversight. For others, they may just be a brand, making it important for people seeking financial help to know the difference. “The
U.S. Senator Josh Hawley (R-MO) attends a confirmation hearing of Judge Amy Coney Barrett on Capitol Hill in Washington, D.C., October 12, 2020. Susan Walsh | Pool | Reuters As questions loom on Capitol Hill over whether or not there will be second stimulus checks, one senator is introducing a bill to make those payments
Marc Romanelli | Tetra images | Getty Images Maria Rangel came to Los Angeles from Colombia five years ago with her infant son and $500, hoping to realize the American dream. And, she did. ”We had not much and now we have a home,” said Rangel, who bought a condo two years ago. The 35-year-old
Al Drago | Bloomberg | Getty Images A bipartisan Senate relief package would pay a $300 weekly boost to unemployment benefits for 16 weeks and extend jobless aid for millions of workers set to lose benefits at year’s end, according to a summary of the legislation issued Wednesday. The $908 billion bill, the Bipartisan Emergency
It appears that lawmakers on both sides of the aisle are in favor of extending the student loan forbearance. Al Drago/Bloomberg via Getty Images Student loan borrowers may not have to worry about their monthly bills until at least May of next year. In a summary of bipartisan legislation circulated on Wednesday that could become
Senate Minority Leader Chuck Schumer, Democrat of New York, holds a press briefing on Capitol Hill in Washington, DC, on November 6, 2020. Nicholas Kamm | AFP | Getty Images Senate Minority Leader Chuck Schumer, D-N.Y., has called on President-elect Joe Biden to forgive up to $50,000 for student loan borrowers. “Ahead of the new
Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | Getty Images The Covid-19 pandemic has prompted some advocates to call for providing Americans with guaranteed monthly income to help them get back on their
Getty Images It’s no secret that credit card debt is a burden. But knocking down those balances may be easier or harder, depending on where you live. Research from CreditCards.com takes a look at the total credit card balances in each state and how long they would take to pay off based on the median
U.S. Senate Democratic Leader Chuck Schumer (D-NY) takes questions during a news conference on Capitol Hill in Washington, December 1, 2020. Kevin Lamarque | Reuters Sen. Minority Leader Chuck Schumer continues to put pressure on President-elect Joe Biden to to forgive up to $50,000 in student debt per borrower on the first day of his
Tenants in the Harlem neighborhood of New York City hold a demonstration to call attention to their rent strike during the Covid-19 pandemic Andrew Lichtenstein | Corbis News | Getty Images Come January, life will get a bit tougher for those already struggling amid the coronavirus pandemic. Unless more aid comes from the government, several
If Senate Majority Leader Mitch McConnell, R-Ky., has his way, parents will have a lot more flexibility when it comes to covering the extra expenses that have gone hand in hand with distance learning. McConnell’s proposal for pandemic relief would allow parents of K-12 students at public or private schools to use 529 college savings funds
Caíque de Abreu | E+ | Getty Images As many newlyweds discover, there’s a lot of sharing that goes on in a marriage. Including your taxes. If you tied the knot this year (or plan to do so in December), it may be worthwhile checking out what your new status will mean for your 2020
Trevor Williams What goes up must come down and then usually goes back up again, at least in the case of the U.S. stock market. The market has been on a roller-coaster ride this year amid the coronavirus pandemic. The S&P 500 started the year strong, breaking the record for the longest-ever bull market. Then,
For close to a decade, the Honeycutts lived in the brick house with white shudders on Patterson Street in China Grove, North Carolina. Vicki Honeycutt and her husband, James, a disabled Gulf War veteran, loved to sit out on the front porch, drinking Pepsis or sweet tea. Vicki’s favorite space in the three-bedroom house was
Halfpoint Images | Moment | Getty Images Millions of people who were eligible for $1,200 stimulus checks still may not have received their money. Now, the Government Accountability Office and a few Democratic members of Congress are calling for the IRS and Treasury Department to step up their efforts to get the relief to those
US Secretary of Education Betsy DeVos attends the “Getting America’s Children Safely Back to School” event in the State Room of the white House in Washington, DC, on August 12, 2020. NICHOLAS KAMM/AFP via Getty Images U.S. Department of Education Secretary Betsy DeVos announced on Friday that the payment pause and interest waiver for student
A significant percentage of corporate chief financial officers are making 2021 spending and hiring plans around vaccine optimism, but the current case surge in the U.S. and Europe is making a dent in confidence. Robyn Beck | AFP | Getty Images Millions of Americans are still hoping for a second round of stimulus checks to
Michelle Lujan Grisham, the governor of New Mexico Toya Sarno Jordan | Getty Images News | Getty Images Some states and cities are forging ahead to provide relief to residents financially scarred by the Covid crisis, as negotiations for a federal rescue package continue on Capitol Hill. Alaska, Colorado, Maryland, New Mexico and New York