In October 2018, an anonymous woman in South Carolina won the $1.6 billion Mega Millions jackpot. Lottery prizes have been on the rise since the two major lottery organizations, Mega Millions and Powerball, struck a deal to cross-sell tickets in each others’ member states in 2010. But lotteries go back much further — in colonial
Personal finance
John Wildgoose | Getty Images College degrees can actually widen the gender wage gap. Women with a bachelor’s degree earn 74 cents for every dollar a man with a bachelor degree makes, according to a new analysis by the U.S. Census Bureau. Among workers without a degree, in comparison, women make 78 cents for every
The Securities and Exchange Commission on Wednesday adopted a new regulation that calls for brokers to act in the best interest of their clients when making investment recommendations. In a 3-to-1 vote, commissioners approved the Regulation Best Interest, along with other regulatory actions intended to enhance disclosures and clarify certain advisors’ existing responsibility to put
Parenting involves a lot of sacrifice, particularly when it comes to paying for college. Because the price tag on higher education has been increasing significantly for decades, it’s harder than ever to afford. Still, 56% are willing to go into debt to put their kids through school, according to a new report by Country Financial.
Tek Image | Science Photo Library | Getty Images Morgan Stanley is starting a new program that will let clients donate money to find treatments and cures for diseases. The program, called Morgan Stanley GIFT Cures, began today in tandem with a two-day conference the financial services firm is hosting. All donations made to Morgan
Most people would love to compare paychecks, if only it were more socially acceptable. To pull the curtain back on who is making what and where, personal finance site GoBankingRates determined the average income in every state and the District of Columbia based on data from the U.S. Census Bureau’s 2017 American Community Survey. The
This image made from video aired on “Jeopardy!” on Wednesday, April 17, 2019, and provided by Jeopardy Productions, Inc. shows James Holzhauer. Jeopardy Productions, Inc. | AP “Jeopardy” champion and professional sports bettor James Holzhauer lost in his 33rd episode of the TV game show, which aired on Monday, finishing $58,484 short of the all-time
Photo by Gary Burchell via Getty Images Moving back in with your parents after college is not a new concept. But around age 28, it starts to get old. That’s when the situation begins to get embarrassing, according to a new survey from TD Ameritrade. That goes for all of the generations surveyed, including young
Caiaimage/Tom Merton | Caiaimage | Getty Images The people you know — and what they know about you — can be the key to landing a job, advancing in the workplace, and getting paid what you are worth. Talking about your pay in the workplace is sometimes seen as taboo, but not always. There are
A bill aimed at boosting retirement savings could also grant some tax relief to college students. Last week, the House of Representatives passed the Secure Act with support from both Republicans and Democrats. The proposed legislation, which will go before the Senate, includes a range of provisions to help workers boost their retirement savings. Major
One in 4 adults will become disabled at some point before reaching retirement age, according to the Social Security Administration. Yet few people prepare for the possibility that any one ailment could cause them to miss work for an extended period of time. A total of 20.1 million adults of employment age report a work
Starting Friday, New York City commuters in a hurry will get a break as the U.S. takes a big step toward embracing contactless payments. On May 31, some New York City subways and buses will enable riders to tap a contactless bank card or their mobile wallet at some turnstiles to pay fares, according to
WASHINGTON, DC – Rep. John Larson (D-Conn.) speaks during an event to introduce legislation called the Social Security 2100 Act. which would increase increase benefits and strengthen the fund, during a news conference on Capitol Hill January 30, 2019 in Washington, DC. (Photo by Mark Wilson/Getty Images) Mark Wilson | Getty Images News | Getty
Uber driver Sonam Lama. Annie Nova | CNBC AT 3 A.M., SONAM LAMA’S ALARM goes off. In his house in Queens, New York, while his wife and baby son sleep, he pulls on his clothes and makes coffee. Then he turns on his Uber app and waits. On this morning, a warm but windy Tuesday
You don’t need a million dollars to live a luxurious retirement if you’re willing to leave the United States. “Most people assume that a high-flying existence like that is the purview of the rich and famous alone,” said Jennifer Stevens, the executive editor of International Living. They’re wrong, Stevens said. The website for expatriates is
As the nation’s heartland endures heavy rainfall, catastrophic flooding and deadly tornadoes, homeowners elsewhere shouldn’t assume they are out of harm’s way. Now is the time to evaluate any risk for potential summer storm damage. The Atlantic hurricane season runs from June 1 through Nov. 30. And although the National Oceanic and Atmospheric Administration predicts
The Internal Revenue Services offices in Washington, D.C. Adam Jeffery | CNBC Call your accountant and bring out last year’s tax return: The Internal Revenue Service has released a draft of its new tax withholding form. The new Form W-4 is expected to be in use for 2020, and is currently open for comments from
Samantha Suckno and Jason Ortiz bought their first home in Rockaway, NJ. Source: Samantha Suckno Samantha Suckno says knew she wanted to start to build a life with her soon-to-be husband in a home they owned. So she and her fiance, Jason Ortiz, came up with a plan: move into a rental property together, pay
Sally Toro didn’t get serious about saving for retirement till late in the game. Now she is on track to retire at 60. Source: Sara Toro In your 50s, and even older, you might find yourself thinking of retirement with a mixture of excitement and dread. A new chapter’s coming — but not so deep
Kena Betancur | Getty Images New Jersey, it seems, is the last place where people want to spend their golden years. Almost 67% of all New Jersey moves were outbound last year, according to a survey from United Van Lines. The relocation company polled 26,998 of its customers who moved last year, through Nov. 30,