House passes $78 billion tax bill expanding the child tax credit, its fate in the Senate remains to be seen
The child tax deduction expansion would make more of the credit refundable, helping millions of families.
The child tax deduction expansion would make more of the credit refundable, helping millions of families.
Most parents of adult kids are giving them financial help, study shows
“Among parents who say they helped their children financially in the past year, 36% say doing so has hurt their personal financial situation at least some," Pew writes.
“Among parents who say they helped their children financially in the past year, 36% say doing so has hurt their personal financial situation at least some," Pew writes.
Your tax refund could be bigger this year – here's why
Americans might get a fatter tax refund this year. Here's why.
Americans might get a fatter tax refund this year. Here's why.
US buys more from Mexico than China; 1st time in over 2 decades
U.S.-China relations have deteriorated in recent years, thus leading a way for Mexico to take China’s place as a leading importer for U.S. commerce.
U.S.-China relations have deteriorated in recent years, thus leading a way for Mexico to take China’s place as a leading importer for U.S. commerce.
How attacks in the Red Sea are cramping global trade; what it means for retailers
The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany.
The cost to ship a standard 40-foot container from China to northern Europe has jumped from $1,500 to $4,000, according to the Kiel Institute for the World Economy in Germany.
2023 was the hottest year on record, driving up utility costs and homeowners insurance prices
Inflation and climate change lend to higher homeowners insurance rates, causing some homeowners to consider moving.
Inflation and climate change lend to higher homeowners insurance rates, causing some homeowners to consider moving.
FAFSA inflation fix scheduled for mid-March, delays award notification until spring
The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.
The Department of Education said an inflation fix to FAFSA won’t come until mid-March, further delaying financial aid award notifications.
12 states qualify for the IRS Direct File pilot program: Is yours one of them?
On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.
On top of a new IRS tax filing system, an adjustment to the child tax credit may qualify families for higher credits.
'I'm speechless': Viral TikTok raises $400K for DC homeless man with alleged violent past
A TikTok video of a college student interning in D.C. and buying a homeless man tea is going viral. The young lady created a GoFundMe for him that has now raised more than $400,000.
A TikTok video of a college student interning in D.C. and buying a homeless man tea is going viral. The young lady created a GoFundMe for him that has now raised more than $400,000.
Social inflation causing insurance rates to jump, no end in sight for rising premiums in 2024
Insurance rates are rising for customers as insurers struggle to deal with claim payouts.
Insurance rates are rising for customers as insurers struggle to deal with claim payouts.
Bread market expected to skyrocket, make big gains by 2027
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
A research firm predicts that the global bread market will gain $118.37 billion in value by 2027.
Great wealth transfer is underway in US — to women
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
A McKinsey & Company study released in 2020 found women are set to control much of the unprecedented $30 trillion in assets held by baby boomers by the end of the decade.
Federal Reserve on track to cut rates this year: What it means for you
Experts have begun forecasting when interest rates may start easing from the strictest levels in two decades. Here’s what they’re saying and what it means for everyday Americans.
Experts have begun forecasting when interest rates may start easing from the strictest levels in two decades. Here’s what they’re saying and what it means for everyday Americans.
Connecticut will be first state to cancel medical debt for all eligible residents
Connecticut Gov. Ned Lamont says the medical debt relief should go into effect by June.
Connecticut Gov. Ned Lamont says the medical debt relief should go into effect by June.
U.S. heads toward slow recovery with 353,000 jobs added in January
Employment grew by 353,000 in January while unemployment stayed at 3.7%.
Employment grew by 353,000 in January while unemployment stayed at 3.7%.
Gas prices increase in synch with oil costs and growing demand
A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.
A spike in demand as winter weather thawed and higher oil prices pushed gas prices up this week.
Borrowers meet challenges as student loans resume and servicers struggle to handle new payments
The Biden-Harris administration is withholding payments from services characterized by long wait times and inaccurate loan bills.
The Biden-Harris administration is withholding payments from services characterized by long wait times and inaccurate loan bills.
House approves Child Tax Credit expansion; here's what that means for you
The Child Tax Credit, in part, would boost the amount of credit as a tax refund, providing financial relief to millions of families.
The Child Tax Credit, in part, would boost the amount of credit as a tax refund, providing financial relief to millions of families.
US home prices hit a new record high in November
US home prices rise again in November as inventory shortage persists
US home prices rise again in November as inventory shortage persists
Many consumers carrying a credit balance know it's a bad idea: survey
Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.
Americans know better than to carry a balance, but many struggle with growing credit card debt, a recent survey said.