Personal finance

President Joe Biden signs an executive order during an event in the State Dining Room of the White House on Jan. 21, 2021. Alex Wong | Getty Images News | Getty Images President Joe Biden ordered federal labor officials on Friday to clarify when unemployed workers can refuse a job offer and continue to collect

Until the coronavirus crisis, nothing had been able to slow the pace of annual college tuition increases. Year after year, college costs edged higher, rising 3% to 5%, on average — outpacing inflation and family income. However, in the midst of the pandemic, schools are under pressure to keep these increases in check. Several institutions said

Hermione Granger | Moment | Getty Images In the last few weeks, bitcoin has been on a wild ride, surging to record highs and then wiping hundreds of billions of dollars from the cryptocurrency market days later. The volatility shows why curious investors should pause before putting money into the cryptocurrency. Bitcoin had an epic

People line up in their cars to receive food assistance in Groveland, Florida, near Orlando, on Dec. 9, 2020. Paul Hennessy/NurPhoto via Getty Images ‘Totally egregious’ U.S. Labor Department data issued Thursday provides the first glimpse of how delays from Congress and the president affected benefits. More than 1.7 million people dropped off Pandemic Unemployment

Trevor Williams | DigitalVision | Getty Images As some stocks have climbed to record highs, you may have been tempted to double down on a favorite pick, like Tesla or the latest initial public offering. But at least one money expert is sounding the alarm that some investors may be overexposed to individual stocks. Christine

(L-R) Doug Emhoff, U.S. Vice President-elect Kamala Harris, Jill Biden and President-elect Joe Biden wave as they arrive on the East Front of the U.S. Capitol for the inauguration on January 20, 2021 in Washington. Joe Raedle | Getty Images President Joe Biden on Wednesday is expected to extend the federal ban on evictions through

Lev Radin/Pacific Press/LightRocket via Getty Images The state would raise the top tax rate to 10.86%, up from 8.82%, Cuomo said. That would yield a top rate of 14.7% for the wealthiest New York City residents in combined taxes. “[It] would be the highest income tax in the nation,” Cuomo said. This is a developing

DEA / M. BORCHI | De Agostini | Getty Images Waiving PUA overpayments “It’s up to the states,” said Andrew Stettner, a senior fellow at the Century Foundation. “I am hoping [they] will seek to follow the idea that there are a lot of mistakes made with PUA.” Most states do waive overpayments made through

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

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

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 —

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

Angela Weiss | AFP | Getty Images Yet again, the Mega Millions jackpot has catapulted higher. The top prize is now a staggering $850 million — the third-largest in lottery history — following no ticket matching all numbers drawn Friday night. Then there’s Powerball: Its jackpot is an estimated $640 million for Saturday night’s drawing. 

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

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 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 late

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 The incoming Biden administration will push Congress to expand food benefits for Americans struggling because of coronavirus until at least September 2021 or until

President-elect Joe Biden puts on a mask after receiving his second dose of the Pfizer/BioNTech COVID-19 vaccination at ChristianaCare Christiana Hospital on January 11, 2021 in Newark, Delaware. Alex Wong | Getty Images Senior officials of the incoming Biden administration say the president-elect still supports forgiving $10,000 in student debt per borrower although there’s no

Marcos Elihu Castillo Ramirez | iStock | Getty Images You might have heard that if your 2021 Medicare Advantage Plan isn’t a good fit, you can do something about it. During a window of opportunity that opened Jan. 1 and closes March 31, Advantage enrollees can drop their plan and return to basic Medicare (Part

Andy Beshear, governor of Kentucky Scotty Perry/Bloomberg via Getty Images Kentucky is sending $400 checks to thousands of unemployed workers in the state who didn’t qualify for an earlier round of relief authorized by President Donald Trump. Other workers whose jobless benefits have been significantly delayed will get $1,000 one-time payments. Gov. Andy Beshear signed

Getty Images 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