People receive food at a distribution site during the coronavirus pandemic. Spencer Platt | Getty Images News | Getty Images Alaska and New Jersey Delays in $300 unemployment Delays are largely attributable to sluggish state administration, which has been hampered by antiquated, decades-old technology and an elevated level of jobless claims. More than 25 million
Personal finance
Chadwick Boseman attends the 91st Annual Academy Awards on Feb. 24, 2019. Jeff Kravitz | FilmMagic, Inc | Getty Images When “Black Panther” star Chad Boseman died almost two months ago after a four-year battle with colon cancer, he didn’t have a will. Now, the fate of at least part of the 43-year-old actor’s estate
Daniel Balakov | E+ | Getty Images With billions of dollars flowing into sustainable investing strategies, it’s safe to say it’s no longer a fad. Investors are pouring cash into funds that use environmental, social and governance criteria to screen the companies they invest in. Even passive investors are jumping in: There were 534 sustainable
Mario Gabelli Scott Mlyn | CNBC Investor Mario Gabelli struck a positive note on Tuesday on the U.S. economy even as coronavirus cases in the country are on the rise. More than 8 million coronavirus cases have been confirmed in the U.S. alone, according to data from Johns Hopkins University. A CNBC analysis also found
Paul Bradbury | OJO Images | Getty Images As more Americans push for diversity, equality and inclusion in the world around them, financial advisors are finding ways to adapt. The Black Lives Matter movement and nationwide protests have changed the dynamic, yet many financial firms are still dominated by White males. In 2019, 77.7% of
A customer shows purchased tickets for the Powerball lottery at a lotto store in San Bernardino County, California, January 9, 2016. Gene Blevins | Reuters If you’re one of those people who only buys a lottery ticket when the jackpot climbs into the stratosphere, you could be waiting a while. The Mega Millions jackpot for
Washington lawmakers are hard at work to see if they can come to a compromise this week to finalize the next coronavirus stimulus relief package. The numbers continue to be a sticking point House Democrats recently passed a $2.2 trillion updated HEROES Act. The White House has offered $1.8 trillion in aid, though the administration
Getty Images, Drazen_ This year may be like no other, but if you’re an employee who receives equity compensation, you can’t ignore the importance of year-end financial planning to get the most out of that benefit. The end of the year is a great time to review what you’ve received or vested during the year.
Trying to move but weighing a potential pay cut? It still might be worth it. The coronavirus pandemic has spurred many people to reconsider their living situations and trade big cities for the suburbs as companies say employees can work remotely on a permanent basis. In some cases, those moves come with a catch. Companies
As if getting in to a top college wasn’t hard enough, Covid-19 adds a new challenge. Amid the coronavirus pandemic, many would-be freshmen have decided to postpone college rather than start their education online. As a result, colleges and universities are well below their enrollment numbers for the 2020-2021 academic year, a report shows. Overall,
Morsa Images | DigitalVision | Getty Images Chances are, you aren’t seriously thinking about how to pay for long-term care when you are older. Most people only think about it at two points in their lives: when their parents need it or when they start to get much older and realize they need to have
In mid-September, the envelope finally arrived. As Erin Madden opened it and pulled out the debit card with her unemployment benefits on it, all she could think about was the half a year she’d waited for this moment. She had come to feel it would never happen. “I almost didn’t believe that it had finally
Rep. Peter DeFazio, D-Ore. Sarah Silbiger | CQ-Roll Call Group | Getty Images Americans are hurting financially amid the Covid-19 pandemic, and that includes the nation’s seniors. Now, two House Democratic lawmakers are hoping to help retirees with a bill to increase next year’s Social Security cost-of-living adjustment. Rep. Peter DeFazio, D-Ore., is introducing a
Working mothers are being disportionately affected by the coronavirus pandemic — and experts fear it could have a significant impact on their financial future. From job losses to career downsizing, women are feeling the hit. When it comes to promotions, they are also being left behind: 34% of men working remotely with children at home
Trump and Biden would approach the student loan crisis very differently. Jim Watson | AFP | Getty Images Whether Donald Trump or Joe Biden wins the presidency may have a significant impact on the country’s 42 million student loan borrowers. Student loans have outpaced credit card and auto debt as a burden to Americans, and
Courtney Keating | Getty Images Even homeowners with poor credit scores may be able to take advantage of mortgage refinancing options to ease their financial burden amid the coronavirus pandemic. The housing market is one of the only parts of the economy that’s seen a solid rebound during the Covid-19 crisis, thanks in part to
izusek | E+ | Getty Images The Social Security Administration announced this week that the cost-of-living adjustment for benefits in 2021 will be 1.3%. For the average retirement benefit, that amounts to just a $20 increase per month. Now, two Congressional Democrats — Reps. Peter DeFazio, D-Ore., and John Larson, D-Conn. — plan to propose
Prisoners are getting a second chance at receiving the $1,200 stimulus checks the government sent this spring. Judge Phyllis J. Hamilton of the U.S. District Court for the Northern District of California recently ruled that the government should not withhold those checks from people solely because they are incarcerated. There are roughly 1.5 million incarcerated
Amazon Prime Day, which was originally slated for July but postponed due to the pandemic, is turning into one of the biggest shopping events of the year. In fact, even I had to get in on the 48-hour extravaganza before it ends at 3 a.m. ET Thursday. Not surprisingly, Amazon devices, such as the Ring
shapecharge | E+ | Getty Images Life insurance is enjoying something of a renaissance as a result of the coronavirus pandemic. Consumers, especially younger adults, have been buying insurance in elevated numbers since the spring, when thousands of Americans began getting ill and dying from Covid-19. That result is logical, experts said, given the core