Refinance vs. loan modification: Which is better?

Consider these things as you decide whether to change the terms of your loan via a refinance or loan modification.

Layoffs remain elevated as 898,000 seek unemployment aid

The government will issue its latest snapshot Thursday of the level of layoffs in the United States, which remain elevated seven months after the viral pandemic erupted and after the expiration of federal unemployment aid for millions of Americans.

Is student loan forbearance right for me?

If you have federal student loans, you qualify for automatic forbearance through January 2021. But is this the right option for you?

Social Security checks will increase 1.3% in 2021

Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.

Amid COVID, many businesses in precarious spot as 2020 ends

But the fourth quarter of 2020 looks precarious for many businesses as the coronavirus outbreak maintains its grip on the economy.

1 in 5 Americans could be out of money by Election Day

More than 20% of Americans have less than three weeks of financial runway before their account balances hit zero, according to a new report from Credit Karma.

NYC indoor dining concerns
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Indoor dining has reopened in NYC, but many business owners say strict capacity rules makes it difficult to make money.

Layoffs continue as 840,000 seek unemployment aid

The government will provide its latest picture Thursday of the pace of layoffs in the United States, which have remained high since the viral pandemic erupted in March while federal aid for the jobless has lapsed.

IRS reaching out to millions who have not claimed $1,200 stimulus check

The head of the IRS, on the defensive over millions of Americans in danger of missing coronavirus relief payments, says the agency is reaching out to low-income and homeless people, military personnel and veterans and those with limited English to notify them they may be eligible.

Democrats call for Congress to rein in, break up Google, Amazon, Facebook, Apple

Democratic lawmakers are calling for Congress to rein in Big Tech, possibly forcing Facebook, Google, Amazon and Apple to sever their dominant platforms from their other lines of business and imposing new uniformity on the terms they offer users.

Geneva votes to increase minimum wage to $25, believed to be highest in the world

Geneva voted for the minimum wage to be increased to $25, making it the highest minimum wage in the world, according to the Geneva Trade Union Action Community.