Personal finance

Empty streets in downtown Portland, Oregon, on April 22, 2020. Moriah Ratner/Bloomberg via Getty Images This is not going away anytime soon. From grocery shopping to working remotely to homeschooling kids, nearly everything in life is different. Almost all Americans are anxious about money, according to a survey from National Endowment for Financial Education. “We

The private student loan market has been growing for a decade, and now, amid an economy on near lock-down from the coronavirus pandemic,  borrowers find themselves with few relief options. That’s one of the takeaways from a new report by the Student Borrower Protection Center, a nonprofit started last year by Seth Frotman, former assistant

Valerie Riley, owner of LifeSquire, a company with 22 employees based in Oklahoma City, got $140,000 in loan funding through the second round of the Paycheck Protection Program. Valerie Riley A forgivable loan program that re-opened for small businesses this week has proven much less chaotic than the initial round, according to some business owners

Helen H. Richardson | Denver Post | Getty Images If you own a home and you’re looking for some emergency funding, you may be running out of opportunities. Home equity lines of credit allow you to borrow against the equity you’ve accumulated in your home, be it for a surprise cash need or a home

NoDerog | E+ | Getty Images Millions of families are counting on government stimulus payments to get some financial relief amid the coronavirus pandemic. However, some are opening their bank accounts to find an unwelcome surprise: payments that exclude their qualifying children. Many complaints are coming from one particular group: individuals who are receiving government

SDI Productions Now more than ever, it may pay for students to negotiate with colleges for more money towards tuition. The coronavirus pandemic has left many American families facing financial hardship. However, colleges are also concerned about their fall enrollment, which is likely to drop. Most have already extended decision day for incoming freshmen to

Peathegee Inc Homeowners in New Jersey are getting a little bit of breathing room on their property taxes. Gov. Phil Murphy signed an executive order permitting municipalities to shift the property tax payment deadline from May 1 to June 1. The Garden State is home to the highest levies on property in the nation, with

Ariel Investments co-CEO and president Mellody Hobson speaks at the 2017 Fortune Most Powerful Women Summit in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Investment expert Mellody Hobson is a firm believer in teaching kids about investing. She’d like it taught at every school in America — even at a young

Esra Demir styles the hair of customer Ken Menendez at Salon Loft in Atlanta, Georgia on April 24, 2020. Governor Brian Kemp has eased restrictions allowing some businesses such as hair and nail salons to reopen today in the US state of Georgia after a four-week lockdown to stop the spread of the coronavirus. (Photo

The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero in response to the economic shock from the coronavirus crisis. “The most significant responsibility of the Fed now is to make sure that credit markets continue to function,” said Greg McBride, chief financial analyst at Bankrate.com. “Without functioning credit markets, there will be no economic

mediamasmedia The stock market is acting strangely these days, with headlines about market rallies next to ones about historic unemployment figures and companies filing for bankruptcy.  You can’t figure it out. But you may be wondering if you should take advantage of the upswing and pull some money out of the market. After all, before this recent rally,

Getty Images If you received a stimulus check for a deceased relative, you should think twice before spending that money. Treasury Secretary Steve Mnuchin told The Wall Street Journal that he expects families who receive those checks to return the money. “You’re not supposed to keep that payment,” Mnuchin told the paper. “We’re checking the

Local residents line up outside the food pantry Bed Stuy Campaign Against Hunger to receive free food during the COVID-19 pandemic on April 23, 2020 in the Bedford-Stuyvesant neighborhood of Brooklyn, New York. Due to increased levels of unemployment, the lines at the daily food pantry have been getting longer. (Photo by Andrew Lichtenstein/Corbis via

Image Source | Getty Images When it comes to coronavirus stimulus checks, many say $1,200 isn’t enough. Millions of those one-time payments are still on their way to Americans. The coronavirus shutdown, however, could have economic effects for months. Now, political leaders are turning to proposals for putting more income in Americans’ hands. “Others have

As the death toll and confirmed cases of Covid-19 rises, online companies and lawyers say they’ve seen a sharp rise in people of all ages seeking estate-planning services over the last few weeks. FatCamera States’ financial troubles in the wake of the coronavirus pandemic could come home to haunt investors  – right in Mom and

Annie Nova Annie Nova | CNBC I was raised by a single mother who had no time for the kitchen, and although I wanted to be different, I wasn’t. I became dependent on Grubhub, and the tiny oven in my Manhattan apartment could go months unused.  Since I never had a teacher, cooking intimidated me.

Ziga Plahutar If you’ve had trouble accessing the Get My Payment tool to check on the status of your coronavirus stimulus payment, you may want to try again. The IRS announced on Sunday it had made “significant enhancements” to the web portal, which first went live on April 15. The changes are aimed at creating what

Pedestrians walk through Harvard Yard on the closed Harvard University campus in Cambridge, Massachusetts, U.S., on Monday, April 20, 2020. Adam Glanzam | Bloomberg | Getty Images “Many schools are tuition-dependent,” said Robert Franek, editor in chief of The Princeton Review and author of “The Best 385 Colleges.” “That really does change their financial make up

Father-daughter team Steve and Leah Kim model the masks their New York City alterations business, Master Tailor, started making when the coronavirus hit. When New York City largely shut down last month due to the spread of Covid-19, it was a devastating blow for some businesses. That included the Master Tailor, an alteration shop on

PhotoAlto/Dinoco Greco American teens are worried about the financial impact of the coronavirus pandemic on their family — and on their future. According to a survey by Junior Achievement, 57% of teenagers said they were concerned about how Covid-19 will affect their life after high school. Of the high school juniors and seniors polled, 27%