Once president-elect Joe Biden is inaugurated on Jan. 20, free college could finally become a reality. “With the makeup of this Congress, I am very optimistic that this will be on the agenda,” said Morley Winograd, president and CEO of the Campaign for Free College Tuition. “The only person more passionate about this is first lady Jill Biden.” On the
Personal Finance
Jernessa Jones, 39, and her son Kyan Blair, 5, at graduation. Jones graduated with her master’s degree in business administration at the same time Blair graduated from preschool. Jernessa Jones’ next financial goal is twofold – to buy a house and begin to build generational wealth for her 5-year-old son, Kyan Blair. In the last
Andrea Herrera, president of Amazing Edibles Gourmet Catering and founder of Boxperience Angela Garbot For Andrea Herrera, founder of Amazing Edibles Catering in Chicago, the pandemic has tested her ability to adapt on the fly amid falling revenues. Since last March, the firm shifted from catering weddings and corporate events to providing first-responder meals and
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden made a case for sending stimulus payments to all Americans who are eligible – including those who have kept their jobs
Tax season is swiftly approaching, and after the roller coaster of 2020, this might be the year to get extra help filing your return. The coronavirus pandemic saw many changes to the tax code that could impact filers who generally would have had a straightforward return, potentially complicating your return. “For the average taxpayer, if
FatCamera | E+ | Getty Images President-elect Joe Biden has a plan to help fix what he calls the immediate and acute child-care crisis in America. He unveiled his proposal on Thursday, as part of his sweeping $1.9 trillion coronavirus rescue package. “If left unaddressed, many child care providers will close — some permanently —
Never have Americans saved so much money and earned so little on it. For those stashing cash, the average savings account rate is down to just 0.05%, or even less, at some of the largest retail banks, according to the Federal Deposit Insurance Corp. Rates have fallen significantly since the Federal Reserve cut its benchmark rate to
The Internal Revenue Service (IRS) building in Washington, D.C. Getty Images The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement Friday from the agency. On that date, the IRS will start accepting and processing last year’s tax returns. Normally, the agency opens tax season in
Jovita Carranza, administrator of the U.S. Small Business Administration, testifies at a Senate Small Business and Entrepreneurship Committee hearing on June 10, 2020 in Washington. Al Drago-Pool/Getty Images) Second EIDL grants That may confuse business owners, since the $900 billion Covid relief package passed last month allows some companies to get a second EIDL grant.
U.S. President-elect Joe Biden speaks as he lays out his plan for combating the coronavirus and jump-starting the nation’s economy at the Queen theater January 14, 2021 in Wilmington, Delaware. Alex Wong | Getty Images The incoming Biden administration will push Congress to expand food benefits for Americans struggling because of coronavirus until at least
U.S. Vice President-elect Kamala Harris (L) looks on as U.S. President-elect Joe Biden (R) delivers remarks on January 08, 2021 in Wilmington, Delaware. Chip Somodevilla | Getty Images News | Getty Images The federal minimum wage is poised to get its first update in more than a decade. President-elect Joe Biden on Thursday said he
For many Americans, a top resolution for 2021 is to save more money, a familiar goal from prior years. Achieving that this year, however, may be much more difficult and may have to be done a bit differently, especially when it comes to saving for retirement. Nearly four out of 10 people said they’ll be
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden called on Congress to pass a range of protections and financial relief for Americans at risk of losing their homes because
U.S. President-elect Joe Biden at a drive-in rally in Atlanta on Jan. 4, 2021. Jonathan Ernst | Reuters The push for $2,000 stimulus checks just got stronger. President-elect Joe Biden unveiled his stimulus plan in a speech on Thursday night that includes sending additional $1,400 payments to Americans following the $600 second stimulus checks that
Charday Penn | E+ | Getty Images Small-business owners and side-gig hustlers are facing a major tax deadline. Filers who pay estimated taxes every quarter, including independent contractors and partners in business entities, owe their final payment of 2020 on Jan. 15. Generally, the other deadlines for quarterly taxpayers are April 15, June 15, and
Alistair Berg | DigitalVision | Getty Images Many jobless workers are about to find out they could owe federal and state taxes on their 2020 unemployment income. The news might be particularly unexpected for independent contractors and self-employed people who normally aren’t eligible for state benefits, but may have received Pandemic Unemployment Assistance through the
vgajic | E+ | Getty Images People of color are paying more than twice the amount in banking fees than White Americans, a Bankrate survey found. When asked about fees such as ATM, overdraft and routine service charges, Black adults report shelling out an average of $12 a month for checking accounts at banks or
It’s a new year, and for many, that means tackling financial resolutions head on. Luckily, there are a wealth of free or low-cost tools at the disposal of anyone with a smartphone, including Robinhood, Stash, Mint and more for budgeting, saving, investing or even a combination of financial goals. “Financial technologies are here to make
Massimo Giachetti | iStock Editorial | Getty Images An aide for the incoming Biden administration said last week the president-elect will extend the payment pause and interest waiver for student loan borrowers beyond this month, when it was set to expire. That means the 42 million Americans with federal student loans will have more time
Hundreds of jobless people wait outside the Kentucky Career Center for help with their unemployment claims on June 19 in Frankfort, Kentucky. John Sommers II/Getty Images As President-elect Joe Biden prepares to take office on Jan. 20, one of his first priorities is getting $2,000 stimulus checks approved. A third round of higher payments looked
Sen. Ron Wyden, D-OR Sarah Silbiger | Getty Images News | Getty Images “My starting point here is going to be my legislation that would reinstate the full $600 weekly and tie additional weeks of benefits and the program for gig workers to economic conditions,” according to a statement from Wyden’s office. “There’s so much
StefaNikolic | E+ | Getty Images Holders of cryptocurrency have more than price volatility to worry about this year. The taxman wants to know about your trading activity. Bitcoin hit fresh highs during the weekend, creeping toward $42,000 on Jan. 8. However, its value tanked on Monday amid a sell-off in cryptocurrencies, and bitcoin’s value
The U.S. Department of Labor headquarters in Washington. Al Drago/Bloomberg via Getty Images Automatic benefits Many workers will get the aid automatically, according to communications from federal and state labor departments. For example, workers don’t need to apply or take additional action to get the $300-a-week enhancement. States will include the stipend in individuals’ typical
Vladimir Vladimirov | E+ | Getty Images The holidays are over, and now the bills are rolling in. While it may have seemed like a good idea at the time, your spending may now feel like a weight dragging you down. “The holidays are about family and I think nothing gets people to spend more
Taking a trip? Not likely right now. With tourism at a near standstill, making a long-term commitment to an annual vacation spot may have seemed like a better idea before a global pandemic restricted travel and caused a sudden spike in unemployment, leaving many Americans with less disposable income. Now some owners of timeshares, who
Rachel Bozarth and her family have frozen their spending on non-essential items for the month of January. Source: Rachel Bozarth Rachael Bozarth is taking some drastic measures to attack her debt. The 32-year old mother of five has pledged to freeze all of her non-essential spending for the month of January. “I need to retrain
Drew Angerer | Getty Images News | Getty Images No, you didn’t hit the $520 million Mega Millions jackpot. The lottery game’s top prize has climbed to a whopping $600 million for Tuesday night’s drawing, following no ticket matching all six numbers drawn Friday night. The amount marks the 8th-largest jackpot in lottery history. And
U.S. President-elect Joe Biden campaigns for Democratic U.S. Senate candidates Jon Ossoff and Raphael Warnock at a rally ahead of runoff elections in Atlanta, Georgia, January 4, 2021. Jonathan Ernst | Reuters President-elect Joe Biden will ask Congress to immediately cancel $10,000 in student debt for all borrowers and to extend the payment pause that’s
Fertnig | E+ | Getty Images If you don’t receive your second stimulus check in your bank account or the mail, the good news is you can claim the money when you file your tax return this spring. But beware: That doesn’t necessarily mean you will automatically get the full $600 or other funds you
Jersey City, New Jersey. Dong Wenjie | Moment | Getty Images Whether they were tired of the chilly winters or the high income taxes, a lot of residents fled New Jersey, New York and Illinois in 2020. New Jersey was the top “outbound” state last year, according to an analysis of 2020 moving data by
- 1
- 2
- 3
- …
- 107
- Next Page »