US economy showed 5.7% growth last year, rebounding from 2020 recession
The American economy bounced back last year with resilience from 2020′s brief but devastating coronavirus recession.
The American economy bounced back last year with resilience from 2020′s brief but devastating coronavirus recession.
How Fed interest rate hikes could impact mortgages, car loans, card rates
Will mortgage rates go up? How about car loans? Credit cards? How about those nearly invisible rates on bank CDs — any chance of getting a few dollars more?
Will mortgage rates go up? How about car loans? Credit cards? How about those nearly invisible rates on bank CDs — any chance of getting a few dollars more?
Federal Reserve plans to raise interest rates as soon as March
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.
The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.
Cryptocurrency and taxes: IRS has watchful eye as trading increases, what to know
For this who traded cryptocurrency for the first time last year: take your tax prep seriously, professionals warn.
For this who traded cryptocurrency for the first time last year: take your tax prep seriously, professionals warn.
Plaid settlement: Venmo, Robinhood, other money app users may be eligible for payout
Plaid’s technology connects bank accounts to financial apps like Venmo — and users could be entitled to some money after a big class-action lawsuit was just settled.
Plaid’s technology connects bank accounts to financial apps like Venmo — and users could be entitled to some money after a big class-action lawsuit was just settled.
Cryptocurrency prices collapse, wiping out billions of dollars
Cryptocurrency prices took a precipitous drop this past week, having their value as much as halved as investors lost billions of dollars. Analysts say there's more ain in the future as well.
Cryptocurrency prices took a precipitous drop this past week, having their value as much as halved as investors lost billions of dollars. Analysts say there's more ain in the future as well.
Michigan woman collects $3M lottery prize after checking spam folder
Laura Spears, 55, said she saw the e-mail that she had won the prize while looking for a missing e-mail in her spam folder.
Laura Spears, 55, said she saw the e-mail that she had won the prize while looking for a missing e-mail in her spam folder.
IRS: Tax-filing season begins on Monday
Tax filing season begins Monday and the IRS is advising you to file as soon as possible.
Tax filing season begins Monday and the IRS is advising you to file as soon as possible.
IRS to start requiring facial recognition scans to access tax returns
Privacy advocates warn the practice is invasive
Privacy advocates warn the practice is invasive
Unemployment claims climb to 286,000, the most since October
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.
Child tax credit: How families can get the rest of their money in 2022
Although the IRS paid out the last monthly installment of the expanded child tax credit in December, millions of parents should be on the lookout for a letter from the agency that will help them collect the remaining half of the money when they file their 2021 tax returns.
Although the IRS paid out the last monthly installment of the expanded child tax credit in December, millions of parents should be on the lookout for a letter from the agency that will help them collect the remaining half of the money when they file their 2021 tax returns.
Gas prices in U.S. could hit $4 this year
The United States is in a lull period now but high prices return sometimes this spring, with some areas seeing $4 per gallon.
The United States is in a lull period now but high prices return sometimes this spring, with some areas seeing $4 per gallon.
555.55-carat black diamond from outer space unveiled
Sotheby's will soon auction off a 555.55-carat black diamond, which could sell for more than $6 million. The huge diamond most likely came from outer space.
Sotheby's will soon auction off a 555.55-carat black diamond, which could sell for more than $6 million. The huge diamond most likely came from outer space.
New York's pandemic-era eviction moratorium expires
Advocates and landlords don’t expect a flood of evictions right away, as the state still provides some eviction protection, but advocates say the state is setting the ground for a homelessness crisis.
Advocates and landlords don’t expect a flood of evictions right away, as the state still provides some eviction protection, but advocates say the state is setting the ground for a homelessness crisis.
Monthly child tax credit to stop this weekend: What families should know
Millions of families who received a monthly payment from the IRS through the expanded child tax credit are facing their first month since July without cash from the federal program, even as inflation soars to the highest level in a generation.
Millions of families who received a monthly payment from the IRS through the expanded child tax credit are facing their first month since July without cash from the federal program, even as inflation soars to the highest level in a generation.
Retail sales drop 1.9% in December following early holiday rush
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Americans sharply cut their spending in December after a burst of early spending in the fall that helped bolster the holiday season.
Spider-Man comic book page sells for record $3.36M at auction
A single page of artwork from a Spider-Man comic book sold at auction for a record $3.36 million.
A single page of artwork from a Spider-Man comic book sold at auction for a record $3.36 million.
Navient cancels $1.7 billion in student loans following settlement
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.
Navient, a major student loan servicing company, has settled allegations of abusive lending practices for $1.85 billion.
US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.
The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.
Inflation surges in December to highest rate since 1982
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.
Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.