Anadolu Agency | Anadolu Agency | Getty Images The $2.04 billion Powerball jackpot has a winner — well, two, if you count Uncle Sam. A single ticket sold in California matched all six numbers pulled in the delayed drawing, which was held Tuesday instead of Monday night due to one state needing additional time to
Personal finance
New laws are making it easier than ever to know how much a given job pays. Pay transparency legislation is gaining momentum in cities and states across the country, from New York City to California and Washington state. Being armed with information about the salary range for a position you’re interested in can be the
Mark Ralston | Afp | Getty Images Whoever is the next jackpot winner in Powerball will be looking at the largest lottery prize ever awarded. The tax bill will also be pretty impressive. After no one hit all six numbers drawn Saturday, the Powerball jackpot headed higher. For Monday night’s drawing, it’s now an estimated
courtneyk | E+ | Getty Images After a rough year for the stock market, investors may not expect to receive a surprise tax bill from year-end actively managed mutual fund payouts, experts say. When a fund manager sells underlying assets at a profit without losses to offset it, those gains are passed along to investors.
Halfpoint Images | Moment | Getty Images It’s open enrollment season, the time each year when millions of American workers and retirees must choose a health plan, whether new or existing. But picking health insurance can be a dizzying venture. Health plans have many moving parts — which may not come into focus at first
Gift buying and gift returning typically go hand in hand. On average, retailers expect about 18%, or $158 billion, of merchandise sold during the holiday shopping season to be returned, according to the National Retail Federation’s most recent data. For 2021 overall, the return rate was about 16.6% of total U.S. retail sales, or $761
Getty Images As Americans head to the polls, several key personal finance issues are weighing on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point interest rate increase to fight inflation, triggering further stock market losses. Meanwhile, recession fears are growing, with 84% of Americans worrying how a
In this article UAL AAL TSLA NFLX SHOP-CA LYFT Follow your favorite stocksCREATE FREE ACCOUNT Wanan Yossingkum | Istock | Getty Images The labor market is still strong, but layoffs are picking up. This year Peloton, Netflix, Shopify, Lyft, and, most recently, Twitter, all announced significant staff reductions. Meanwhile, executive outplacement firm Challenger, Gray &
Supreme Court nominee and U.S. Court of Appeals Judge Amy Coney Barrett on Capitol Hill in Washington, October 21, 2020. Ken Cedeno | Reuters The Supreme Court on Friday rejected a second request to block the Biden administration’s student loan debt relief program. Justice Amy Coney Barrett denied an emergency application to block the program
dowell | Moment | Getty Images As the year-end approaches, you may be looking for ways to lower your 2022 tax bill — and certain tax-saving moves have rules you must follow in order to qualify. One option, adding money to your pretax individual retirement account, may be attractive if you make too much for
Despite growing economic uncertainty, employers are still waging a war for talent, and employees are coming out ahead. Now, more businesses are expanding their benefit offerings with free college programs to attract and retain workers. Most recently, Fidelity Investments said it will offer fully funded undergraduate degrees to 18,000 employees, including entry-level customer service phone representatives.
Tim Boyle | Bloomberg | Getty Images Although prices for new cars are moderating a bit, financing a vehicle purchase hasn’t been getting any cheaper. With the Federal Reserve’s latest interest rate hike — the sixth this year — auto loans are poised to become even more expensive. The Fed’s move has a ripple effect,