Many of the nation’s top companies, including Amazon, Goldman Sachs, Ford, Google and Walmart, are calling on the new administration to address climate change and come up with long-term solutions in response to concerns from investors, customers, communities and employees. In a letter to President-elect Joe Biden and the new Congress, 42 corporations urged the government
Personal finance
The U.S. Capitol dome is reflected on an ambulance at sunset in Washington, November 10, 2020. Erin Scott | Reuters Talks of a new coronavirus stimulus bill are happening on Capitol Hill. As lawmakers renew their efforts to come to a compromise — including two new bipartisan and GOP packages — some question whether it
The U.S. Capitol in Washington, D.C. Stefani Reynolds/Bloomberg via Getty Images Senate Majority Leader Mitch McConnell, R-KY, talks with reporters following the weekly Republican Senate conference meeting at the U.S. Capitol Dec. 1. The Senate GOP leaders were asked about the chances of Congress passing another coronavirus relief bill along with must-pass government funding legislation.
Overdraft fees are at all-time highs amid the pandemic. Ivan-balvan | iStock | Getty Images When the coronavirus pandemic brought American life to a halt in mid-March, Erin Madden was furloughed from her job as a bartender at Hollywood Burbank Airport in California. Difficulty finding new work and a delay in her unemployment benefits caused
Jacalyn Shirley, with two of her three kids, is struggling to stay afloat during the pandemic. Jacalyn Shirley Single mom Jacalyn Shirley feels like she is constantly treading water. When the coronavirus pandemic hit in the spring, the 36-year-old was suddenly faced with three children at home and virtual schooling. Then in May, she lost
Getty Images Millions of student loan borrowers have just one month left to figure out how they’re going to resume monthly payments on their education debt while the coronavirus pandemic is still crushing the economy. Monthly payments for most federal student loans have been on pause since March, when the CARES Act gave 42 million
SDI Productions | E+ | Getty Images Some taxpayers are just now receiving a scary letter from the IRS: a warning that the federal taxman will seize their state income tax refund. As recently as this fall, the IRS has issued a so-called “notice of intent to levy” to taxpayers with an outstanding balance. The
Holiday shopping doesn’t need to break the bank. More shoppers are expected to choose online shopping this holiday season amid the Covid-19 pandemic. But other dangers lurk online, and most shoppers are not aware that they could be putting their personal financial data at risk. A majority of shoppers — 59% — said they plan
Oliver Rossi When Kaitlin Stupka, 31, her husband and two children moved in with her parents in October 2019, the plan was to stay for six months while they built their dream house in the Dallas-Forth Worth area of Texas. Then the coronavirus pandemic hit. Now, it’s likely the length of their stay will triple,
shapecharge | E+ | Getty Images With the number of deaths from the coronavirus continuing to mount, your own mortality may be more on your mind than usual. In fact, The Covid-19 pandemic has produced a rise in estate planning, according to certified financial planner Stacy Francis, president and CEO of Francis Financial. Pandemic or
More than 40 million Americans have student loan debt, and outstanding student loans nationwide total more than $1.5 trillion. Soon, the government’s pause on federal student loan payments will expire, leaving millions of borrowers grappling with how they’ll pay what they owe in 2021. But Brandon Leake, a 28-year-old husband and father, figured out a
Halfpoint Images | Moment | Getty Images As news of several effective Covid-19 vaccines offers some light at the end of the tunnel that is 2020, will a beleaguered travel and tourism industry — one of the hardest hit by the pandemic — soon begin to recover? Possibly, say sources, but they caution that travel
Bill Clark | CQ-Roll Call, Inc. | Getty Images “If we are going to get another round of stimulus, I can’t imagine that won’t be included in it,” said Michael Strain, director of economic policy studies at right-leaning think tank American Enterprise Institute, of a new weekly subsidy. Strain added, however, that he thinks “it’s
Demonstrators display signs calling for an end to evictions and foreclosures during a rally at Boston Housing Court outside the Edward W. Brooke Courthouse on Oct. 29, 2020. David L. Ryan/The Boston Globe via Getty Images Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds, raising alarm
Customers of mobile savings app Beam, some of whom complained that they had been unable to access their deposits for months, say they are finally getting their money back. The troubles, however, are far from over for the San Francisco-based startup behind the app. The Federal Trade Commission is seeking a court order against alleged
‘Tis the season to shore up your savings. In the days leading up to Black Friday, financial experts caution against overspending, particularly amid an economic crisis due to the coronavirus pandemic — and consumers are listening. One campaign, called “In the Black Friday,” spearheaded by the National Financial Educators Council, encourages consumers to avoid debt
Lisa Lickers, her husband and their blended family before the arrival of their baby. Source: Lisa Lickers Navigating the terrain of a blended family’s financial life is tricky enough in normal times. Add a pandemic into the mix, and things can get downright exhausting. “Stressful financial situations bring to the surface underlying family dynamics,” said
President-elect Joe Biden and Vice President-elect Kamala Harris at transition Covid-19 advisory board briefing on Nov. 9, 2020 in Wilmington, Delaware. Photo by Joe Raedle | Getty Images Student loan forgiveness is looking more like a possibility under President-elect Joe Biden, but an unintended consequence may emerge unless Washington intervenes: a tax on loan forgiveness.
Cars line-up as the Los Angeles Regional Food Bank distributes food outside a church in Los Angeles on Nov. 19, 2020. Mike Blake | Reuters Ahead of the Thanksgiving holiday, a temporary drive-through to distribute food to those in need was set up near Lancaster, California, north of Los Angeles, on Tuesday. At least 2,000
Capitol Building in Washington, D.C. DEA / M. BORCHI | De Agostini | Getty Images Nearly 14 million American workers are collecting unemployment benefits through programs that will lapse at the end of the year without congressional action. Expiring aid would leave many without income at a time when protections for renters, homeowners and student