Nicolas Economou/NurPhoto via Getty Images More than 1 in 10 Americans invested in cryptocurrency over the past year, according to a survey published by the University of Chicago, a sign of the popularity of digital currencies like bitcoin and ethereum. Specifically, 13% bought or traded crypto in the past 12 months — by comparison, 24%
Personal finance
Even before the pandemic, Eden Schiano, 19, had concerns about her first year of college. Schiano suffered from anorexia in high school and was uncertain how the fall of 2020 would go as a freshman at Virginia Commonwealth University. Being mostly isolated in her dorm quickly took a toll. “I was in my dorm room,
Hispanolistic It looks like the combination of stimulus checks and at least two expanded tax credits will be a boon to most U.S. households. Between cash hitting bank accounts — in the form of stimulus payments and advance child tax credits — and the expanded earned income tax credit, the value is an average of
When it comes to getting into investing, keeping it simple is key, according to investing legend Charles Ellis. In fact, he equates it to parenting teenage children. “Every parent of teenage children realizes at some point or another, less is better,” Ellis told CNBC contributor Jenny Harrington in an interview for CNBC Pro. (Harrington is
A job seeker fills out an application form during a restaurant and hospitality career fair in Torrance, California, on June 23, 2021. Eric Thayer/Bloomberg via Getty Images State withdrawals from pandemic-era unemployment programs aren’t speeding up the job recovery, according to a new analysis. Twenty-five states have ended their participation in at least some of
kali9 | E+ | Getty Images Ah, summertime. It’s the perfect time to think about taxes. No, seriously. Some activities and pursuits that are more common during this season also may be things that impact your taxes, the IRS noted recently. And the sooner you evaluate how these endeavors will figure into your tax return
martin-dm | E+ | Getty Images When Covid-19 hit early last year and most travel ground to halt worldwide, would-be vacationers scrambled to get refunds from hotels, airlines, cruise lines and other travel suppliers — or to file travel insurance claims for canceled trips. They often hit a wall on both fronts. Suppliers struggled, or
A rally to prevent Massachusetts evictions in front of Boston Housing Court on Oct. 15, 2020. MediaNews Group/Boston Herald via Getty Images | MediaNews Group | Getty Images Biden administration officials urged states and cities on Wednesday to move quickly to get federal assistance out to the millions of households that are behind on rent
LPETTET | iStock | Getty Images About 2.2 million more stimulus checks have gone out over the last six weeks, the government said Wednesday. The latest batch brings the total number of payments disbursed to more than 171 million, with an aggregate value of $400 billion, according to the announcement from the IRS, Treasury Department
andresr/Getty Images As demand surges for sustainable funds, it may be difficult for some consumers to identify what to add to their portfolios. Securities and Exchange Commission Chairman Gary Gensler shifted his focus to environmental, social and governance investing, known as ESG, in a recent statement. His team will explore climate- and workplace-related metrics, along
In this article BCH.CB= TSLA Chris Ratcliffe/Bloomberg via Getty Images Bitcoin is falling, again. The popular cryptocurrency slumped as much as 5% Tuesday, falling below the key $30,000 level for the first time since June 22, according to data from CoinMarketCap. Other cryptocurrencies were also dragged lower. Ether slid as much as 6%, while XRP
Witthaya Prasongsin | Moment | Getty Images “Buying the dip” is an investment thesis often touted by stock traders and financial advisors to juice returns. The thinking is: When a stock index like the S&P 500 falls in value, it’s a good time to buy since shares can be bought at a discount. Investors then
In the wake of the pandemic, many families are taking a hard look at college and whether it is worth the high cost. Tuition and fees plus room and board for a four-year private college averaged $50,770 in the 2020-21 school year; at four-year, in-state public colleges, it was $22,180, according to the College Board, which tracks trends
In early July, the U.S. Education Department under President Joe Biden canceled nearly $56 million in student loan debt for some 1,800 borrowers, bringing the administration’s total to about $1.5 billion erased. While a win for many borrowers, it isn’t a sign that broad-based student loan debt forgiveness will necessarily come anytime soon, experts say.
Sam Edwards | Getty Images When it comes to planning for retirement, it’s important to consider how taxes could gnaw away at your nest egg once you reach your golden years. Assuming you’ve left work earnings behind you, any amount owed to the IRS will come out of your retirement savings or income. So the
The LEGO NINJAGO World section of LEGOLAND Florida Resort in Winter Haven, Florida. LEGOLAND/Merlin Entertainments Theme parks are set for a big rebound this summer as much of the country starts to exit Covid restrictions. And many of the high-tech, low-touch solutions parks implemented during the pandemic to enable limited reopenings are here to stay
Image Source | Getty Images There’s some good news for those looking to get married on a budget: City and town halls are back in the nuptials business. Wedding bells will be ringing again, for example, at the New York City Marriage Bureau. Mayor Bill de Blasio announced Thursday that the city will again book
Alistair Berg | DigitalVision | Getty Images If you’re among the workers who plan to continue working remotely, you may want to evaluate your 2021 tax situation. While many states offered a pandemic-related reprieve that generally resulted in no tax filing obligation for remote workers who worked temporarily in their state, the leniency was for
bymuratdeniz | iStock | Getty Images Intuit, the company behind popular tax filing software TurboTax, announced that it will no longer participate in the IRS Free File program, which helps millions of Americans submit tax returns at no cost. “With the Free File program surpassing its founding goals of e-file and free tax preparation, and
Alexi Rosenfeld | Getty Images Sasha Demskie received a welcome deposit in her bank account this week: a $250 payment from the government as part of the new monthly child tax credit payments. The money will go to pay basic bills, said Demskie, 46, of Conway, Arkansas, who lost her job in April while she