Personal finance

Ryanjlane | E+ | Getty Images The IRS plans to issue automatic “special payments” of up to $1,400 to 1 million taxpayers starting later this month, the agency announced last week. The payments will go to individuals who did not claim the 2021 Recovery Rebate Credit on their tax returns for that year and who

Sdi Productions | E+ | Getty Images The U.S. job market has undergone a dramatic transformation in recent years, from one characterized by record levels of employee turnover to one in which there is little churn. In short, the “great resignation” of 2021 and 2022 has morphed into what some labor economists call the “great

Mariah Carey performs “All I Want for Christmas Is You” at the 2023 Billboard Music Awards.  Gilbert Flores | Penske Media | Getty Images “I don’t want a lot for Christmas / There is just one thing I need / An answer to just one question / An estimate of Mariah Carey’s song royalties, please?”

Credit card rewards can go a long way toward attracting new customers and encouraging existing borrowers to spend. But whether they’re earning cash back, points or miles, most consumers end up leaving some reward dollars on the table. Now the Consumer Financial Protection Bureau is cracking down on some issuers’ “bait-and-switch” rewards programs. The consumer

U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington, DC, U.S. December 10, 2024.  Kevin Lamarque | Reuters The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service. The relief is a result of fixes

Professionalstudioimages | E+ | Getty Images President-elect Donald Trump has been vocal about potentially raising tariffs on imported goods, which experts say could bump up car prices. Trump has talked about implementing an additional 10% tariff on Chinese imported goods, as well as adding tariffs of 25% on all products from Mexico and Canada. On

A few years ago, Wes Bellamy, 38, took stock of his investment accounts in preparation to buy a home in Charlottesville, Virginia. It was then that he noticed significant gains in his 401(k). Although Bellamy, who is the chair of the political science department at Virginia State University, had been saving diligently for nearly a

Richard Stephen | Istock | Getty Images As Congress scrambles to avoid a government shutdown, the Senate is also poised to consider another bill that would increase Social Security benefits for some public workers. But the bill, the Social Security Fairness Act, may undergo changes if some Senators’ efforts to add amendments are successful. Per

Drs Producoes | E+ | Getty Images The average 401(k) savings rate, including employee deferrals and company contributions, continued to climb in 2023, a new industry survey reported. In 2023, the average combined savings rate was 12.7%, up from 12.1% in 2022, with employees deferring 7.8% of pay and companies adding 4.9%, according to the

In this article NNI Follow your favorite stocksCREATE FREE ACCOUNT Chair Elizabeth Warren, D-Mass., conducts the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth hearing titled Promoting Competition, Growth, and Privacy Protection in the Technology Sector, in Dirksen Building on Tuesday, December 7, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images A

The US Capitol building in Washington, DC, on November 24, 2024.  Daniel Slim | Afp | Getty Images The Senate is getting closer to a final vote on a bill that would increase Social Security benefits for an estimated 3 million people. The chamber voted Wednesday to let consideration of the bill — the Social

Filadendron | E+ | Getty Images High interest rates aren’t deterring many shoppers from store credit cards. When asked to choose between a store card or a buy now, pay later plan, 58% of surveyed shoppers prefer store cards, according to a new report by LendingTree. The remaining 42% picked BNPL loans. The site polled