Black founders of startup companies in the U.S. raised 0.48% — or less than half of 1% — of all venture dollars allocated in 2023, according to Crunchbase. The share of funding has been falling since 2021. Over the past year, startups seeking funding have faced significant headwinds as higher interest rates have made risky investments
Personal finance
Anna Bizon | Gallo Images Roots Rf Collection | Getty Images President Joe Biden took to social media ahead of the Super Bowl on Sunday to take a jab at snack companies that are giving consumers less food for their money. The phenomenon called shrinkflation — where consumer products become smaller in quantity, size or
US President Joe Biden arrives to board Air Force One at Joint Base Andrews in Maryland, on August 15, 2023. Andrew Caballero-Reynolds | AFP | Getty Images It’s never been a better time to get rid of your student debt. Although President Joe Biden’s plans to cancel up to $400 billion in student debt for
Ivory Johnson, Sr., and Catherine Johnson Courtesy Ivory Johnson Dementia, according to the Mayo Clinic, is an umbrella term used to describe a group of symptoms affecting memory, thinking and social abilities and is caused most often by Alzheimer’s disease. Alzheimer’s affects 1 in 9 Americans age 65 and older — an estimated 6.7 million
Colin Anderson Productions Pty Ltd | Digitalvision | Getty Images Money can’t buy love. But a lot of it can get you matchmaker Barbie Adler. Adler, founder of the elite matchmaking company Selective Search, boasts that 1 in 3 of her clients fall for the first person they’re paired with. “It’s really quick,” Adler said.
Some say money is the root of all evil; it can also be the secret to a happy marriage. Co-mingling accounts may lead to less frequent fights about money, according to a report by LendingTree. Of those who have at least a joint account, only 12% said financial issues caused problems with their partner, compared to
Wand_prapan | Istock | Getty Images There’s no debate that Social Security’s funds — which are projected to become insolvent in the next decade — need fixing. But a new research proposal published by the Center for Retirement Research at Boston College by experts at the opposite ends of the political spectrum has sparked considerable
Sturti | E+ | Getty Images Leaks aren’t just a problem for pipes. Billions of dollars a year drip from the U.S. retirement system when investors cash out their 401(k) plan accounts, potentially crippling their odds of growing an adequate nest egg. The issue largely affects job switchers — especially those with small accounts —
Halfpoint Images | Moment | Getty Images Consumers no longer have to wait to file their annual tax returns to get a tax break for the purchase of a new electric vehicle. At the start of 2024, the federal “new clean vehicle” tax credit became available as a point-of-sale discount — worth up to $7,500
Travis Kelce of the Kansas City Chiefs, left, and George Kittle of the San Francisco 49ers stand on stage during Super Bowl LVIII Opening Night at Allegiant Stadium on February 5 Las Vegas. Chris Unger | Getty Images Sport | Getty Images Sunday’s Super Bowl LVIII between the San Francisco 49ers and Kansas City Chiefs
JGI/Jamie Grill | Blend Images | Getty Images Millennials’ retirement prospects seem rockier than those of older generations of Americans. That’s largely a function of long-term policy changes — like a later age for full Social Security benefits and a shift to 401(k)-type plans — longer average lifespans and a bigger student debt burden relative
Justin Paget | Digitalvision | Getty Images If you were fully remote or a hybrid worker in 2023, you may be curious about the home office deduction for your tax return. While fully remote work is now less common, hybrid positions represented 13.1% of U.S. job postings in December, and nearly 20% of all applicants
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