A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images Long-term unemployment fell significantly in January, continuing a downward trajectory from its pandemic-era peak after having plateaued in recent months. The number of Americans out of work for at least six
Personal finance
courtneyk | E+ | Getty Images The IRS has warned about “challenges” this tax season, and a slew of automated notices are already causing distress for filers. Some taxpayers who sent last year’s return and paid their balance have received a CP80 notice saying they may lose their credit for payment if they don’t file
Chile requires visitors furnish proof of insurance coverage for Covid-19 and related conditions. Pictured, capital city Santiago. Oleh_Slobodeniuk | E+ | Getty Images Are you planning a trip abroad? You may need to buy travel insurance to visit your destination country. Many countries had insurance requirements even before the pandemic. But about a dozen more
Getty Images The roughly 50 million American consumers who either don’t have credit history or have a limited record are in luck. In recent years, many financial services companies have come out with programs to establish and build credit for those who have struggled to access the traditional banking system. There are even ways
damircudic | E+ | Getty Images The Covid-19 pandemic has led to a decline in U.S pregnancies and prompted a number of women to opt out of the workforce. Now, a bipartisan proposal in Congress aims to alleviate the hurdles pregnant women face so that they can stay in their jobs. On Wednesday, Sens. Bob
Even cupid is coming out of quarantine. Valentine’s Day spending is expected to reach $23.9 billion in 2022, the second-highest year on record, according to the National Retail Federation. On average, Americans will spend $175.41 on candy, cards, flowers and other romantic gifts, up from $164.76 in 2021. Those in a relationship will shell out
Tetra Images | Tetra images | Getty Images This tax season, millions of American families who received advance child tax credit payments are calculating what they got in order to submit their 2021 returns. Some may be worried that they were sent more money than they were owed in the monthly payments from July to
designer491 | iStock | Getty Images By the looks of it, state-run retirement programs for private-sector employees are generally working as intended. Those with no access to a 401(k) plan or similar workplace option have collectively saved more than $400 million in individual retirement accounts through such programs. To date, there are three states that
Kwangmoozaa | iStock | Getty Images Student loan payments have been on pause for nearly two years. Come May, they’re scheduled to resume. Many of the tens of millions of borrowers will find themselves in a different financial situation then they were in March 2020, and a different payment plan may make more sense for
pixelfit | E+ | Getty Images Women earned just 84% of what men made in 2020, according to the Pew Research Center. And that difference — dubbed the gender wage gap — has stayed consistent for about 15 years. The discrepancy is often attributed to education, occupation and experience. However, research from economists at the
bymuratdeniz | iStock | Getty Images Starting in December, the IRS began sending families who received the child tax credit letters to reconcile the benefit on their 2021 tax returns. For some, those forms, called a Letter 6419, contained incorrect information. That could be an issue for families when they file their 2021 taxes. That’s
A woman shovels her car out of the snow during a major snowstorm on Jan. 29, 2022 in Stony Brook, New York. Andrew Theodorakis | Getty Images After a few months of winter and two major snowstorms pounding much of the eastern U.S. in January, many Americans may be realizing they’re in for elevated heating
Jamie Grill | Getty Images In a competitive job market, equity compensation such as stock options — the chance to buy stock in the company that employs you at a specific price — can be an incentive to sign on and stick around. It can also be nerve-wracking when these assets underperform. “Part of the
More than 45 million Americans collectively owe over $1.7 trillion in student debt. Economists say this mounting total worsens generational inequality, slows economic growth and exacerbates racial disparities. On a micro-economic level, borrowers also face serious consequences in their day-to-day lives. According to CNBC + Acorn’s recently released Invest in You Student Loan Survey conducted
U.S. President Joe Biden returns to the White House on Jan. 24th, 2022. Alex Wong | Getty Images News | Getty Images More than a year into his first term, Loren Ewing is disappointed that President Joe Biden hasn’t moved to forgive student debt. She remembers his vow on the campaign trail to deliver “immediate
Kate Quick, 43, said that her student loan debt causes stress and anxiety for her and her family. Courtesy: Kate Quick When Kate Quick, 43, finished her master of fine arts degree at the University of Alaska Fairbanks 22 years ago, she had taken out about $30,000 in loans. Now, she owes nearly $48,000, even
Anna Mascall pictured in front of the Easton, Pa., home she recently purchased. “To be able to say I own a home, I kind of did the American dream,” she said. Courtesy: Anna Lee Mascall After years of renting, Anna Mascall, 30, decided she wanted to buy her own home. Then the Covid-19 pandemic hit,
US President Joe Biden speaks during a meeting with private sector CEOs in the State Dining Room of the White House in Washington, DC, on January 26, 2022. Nicholas Kamm | AFP | Getty Images The Biden administration has said that student loan payments will finally restart in May. Many people aren’t taking that message
urbazon | E+ | Getty Images An inflation gauge closely watched by the Federal Reserve has reached a record high. The core Personal Consumption Expenditures Price Index climbed 4.9% from a year ago in December. The index measures the prices people pay in the U.S. for goods and services, excluding food and energy, which tend
Getty Images Nearly one-third of undergraduates borrow money from the federal government to pay for college. That’s about 43 million Americans who owe a staggering total of nearly $1.6 trillion in outstanding student loans. A new survey found that 54% of federal student loan borrowers said taking on that debt was not worth it. Overall,