Half of NYC households do not make enough money to cover basic needs: Report
Income inadequacy has grown significantly in the city since the last report in 2021 when only 36 percent of working-age households struggled to make ends meet.
Income inadequacy has grown significantly in the city since the last report in 2021 when only 36 percent of working-age households struggled to make ends meet.
US workers now expect almost a $76,000 salary to start a new job, data shows
Meanwhile, American women expect far less than men when it comes to salary in a new job offer, according to the new Federal Reserve data.
Meanwhile, American women expect far less than men when it comes to salary in a new job offer, according to the new Federal Reserve data.
America's retirement preparedness score drops: Fidelity
The average American has a 78% chance of covering estimated retirement expenses in a down market, according to Fidelity's 2023 Retirement Savings Assessment. Here’s what you need to know.
The average American has a 78% chance of covering estimated retirement expenses in a down market, according to Fidelity's 2023 Retirement Savings Assessment. Here’s what you need to know.
Negative car equity is rising: Here's how you can avoid owing more than your car is worth
The average negative equity value of auto trade-ins was $5,341 in the fourth quarter of 2022, up 29% from the previous year, according to Edmunds.
The average negative equity value of auto trade-ins was $5,341 in the fourth quarter of 2022, up 29% from the previous year, according to Edmunds.
IRS looking to create electronic free-file tax return system for US taxpayers
The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system for all.
The IRS has been tasked with looking into how to create a government-operated electronic free-file tax return system for all.
The best time to sell your home is this week, data reveals
According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.
According to the research, the week of April 16-22 offers higher-than-average prices and a lower-than-average time on the market, while also offering a higher-than-average number of buyers.
More women earning as much as husbands, but still do more at home, study finds
In U.S. marriages where spouses earn the same income, husbands were still found to spend more time on leisure, while wives spend more time on caregiving and chores, according to Pew Research.
In U.S. marriages where spouses earn the same income, husbands were still found to spend more time on leisure, while wives spend more time on caregiving and chores, according to Pew Research.
Inflation and rising costs pushes Americans to make risky financial choices: Survey
High inflation and interest rates pushed 35% of Americans to drain cash from emergency savings and 26% have skipped or are considering becoming delinquent on their credit cards, a recent survey from Achieve said.
High inflation and interest rates pushed 35% of Americans to drain cash from emergency savings and 26% have skipped or are considering becoming delinquent on their credit cards, a recent survey from Achieve said.
IRS extends tax deadlines for storm victims in these 7 states
Individuals, households and businesses in disaster areas as designated by FEMA qualify for the tax relief.
Individuals, households and businesses in disaster areas as designated by FEMA qualify for the tax relief.
Tax Day Is April 18: Haven't filed yet? Here's what to know
The deadline to file your taxes is Tuesday, which is just around the corner.
The deadline to file your taxes is Tuesday, which is just around the corner.
SALT Deductibility Act aims to bring relief to high-tax NYC homeowners
Homeowners in high tax states like New York may soon be able to breathe a sigh of relief as legislation has been filed in Congress to lift the cap placed on the State and Local Tax deductions known as SALT.
Homeowners in high tax states like New York may soon be able to breathe a sigh of relief as legislation has been filed in Congress to lift the cap placed on the State and Local Tax deductions known as SALT.
How to get a hardship loan
If you’re unemployed, a hardship loan can help you stay afloat financially. Learn how these loans work and where to get one.
If you’re unemployed, a hardship loan can help you stay afloat financially. Learn how these loans work and where to get one.
Gas prices pump higher as the cost of oil rises: AAA
Gas prices increased by nine cents to $3.64 per gallon as oil prices rise. And although gas prices have dropped year-over-year, Americans have been facing high inflation in 2023.
Gas prices increased by nine cents to $3.64 per gallon as oil prices rise. And although gas prices have dropped year-over-year, Americans have been facing high inflation in 2023.
US retail sales fall amid high inflation, rising rates
The decline in sales adds to other recent evidence that the economy is cooling as consumers grapple with higher interest rates and the impact of a year-long bout of elevated inflation.
The decline in sales adds to other recent evidence that the economy is cooling as consumers grapple with higher interest rates and the impact of a year-long bout of elevated inflation.
Senior Fed official sees need for more interest rate increases
Last month, inflation slowed as food and gas prices fell, but excluding those volatile categories, “core” prices kept rising and are 5.6% higher than a year ago.
Last month, inflation slowed as food and gas prices fell, but excluding those volatile categories, “core” prices kept rising and are 5.6% higher than a year ago.
Many Americans plan to use their tax refunds to build savings in 2023, survey says
Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.
Americans challenged by inflation and rising costs plan to save less than $5,000 in 2023 and many are relying on tax refunds to make ends meet, a recent TaxAct survey said.
Criminals target elderly New Yorkers in ATM scam: NYPD
Authorities say the thieves will distract a victim at an ATM, stealing the victim's ATM card and replacing it with a fake.
Authorities say the thieves will distract a victim at an ATM, stealing the victim's ATM card and replacing it with a fake.
Medicare beneficiaries would need more than $300,000 for healthcare costs in retirement: EBRI
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
Medicare beneficiaries in retirement would need to have saved anywhere from $96,000 to $383,000 to cover most of their healthcare needs, according to EBRI. The organization found that in general, Medicare Advantage enrollees have lower savings targets. But these private industry plans have their pros and cons.
You missed the tax deadline. Now what?
The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.
The tax deadline is a little over a week away, but if you miss it, don’t worry, the IRS has options to avoid paying fees and penalties.
Mega Millions numbers selected for Friday’s $414M jackpot
The Mega Millions jackpot continues to grow after no ticket matched all six numbers drawn Friday night.
The Mega Millions jackpot continues to grow after no ticket matched all six numbers drawn Friday night.