Personal finance

Bill Clark | CQ-Roll Call, Inc. | Getty Images Millions poised to lose benefits A lag would be consequential for millions of Americans poised to lose their benefits the last weekend in December, when temporary programs enacted by the CARES Act will expire. Federal eviction protections also end after December. A bipartisan group of moderate

AscentXmedia | iStock | Getty Images When it comes to managing money, most everybody has doubts as to whether they’re doing it right. So you may breathe a sigh of relief to know that no one is crazy, according to Morgan Housel, author of the book “The Psychology of Money.” That goes for both the

It appears that lawmakers on both sides of the aisle are in favor of extending the student loan forbearance. Al Drago/Bloomberg via Getty Images Student loan borrowers may not have to worry about their monthly bills until at least May of next year. In a summary of bipartisan legislation circulated on Wednesday that could become

In this unusual holiday season, many consumers have said they plan to spend less than they did last year due to the Covid-19 crisis. Not all plan to be frugal. Here are answers to some financial questions I received from CNBC viewers about holiday budgeting and keeping your finances straight going into the New Year. 

Roger Ferguson sees a bright light ahead for investors, but only at the end of a dark tunnel. Ferguson, 69, is president and chief executive officer of TIAA. He is the former vice chairman of the Board of Governors of the U.S. Federal Reserve System. He also represented the Federal Reserve on several international policy

U.S. Senator Bernie Sanders speaks at a protest calling for the Republican Senate to delay the confirmation of Supreme Court Justice Nominee Amy Coney Barrett at the U.S. Capitol on October 22, 2020 in Washington, DC. (Photo by Jemal Countess/Getty Images for Care In Action) Jemal Countess | Getty Images Entertainment | Getty Images The

Signs lay on the ground after people gathered outside of an apartment complex with the intention to stop the alleged eviction of one of the tenants in Mount Rainier, MD, U.S., August 10, 2020. Leah Millis | Reuters One of the main ways that state and local governments have tried to slow the spread of

Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. While the economic recovery has brought back jobs since the lowest point of the Covid-19 crisis, millions of Americans remain unemployed. John Sommers II The U.S. is weeks

Hero Images | Hero Images | Getty Images Personal finance experts go by many names – coaches, advisors, planners, therapists and more. For some, these names signal different types of education and regulatory oversight. For others, they may just be a brand, making it important for people seeking financial help to know the difference. “The

U.S. Senator Josh Hawley (R-MO) attends a confirmation hearing of Judge Amy Coney Barrett on Capitol Hill in Washington, D.C., October 12, 2020. Susan Walsh | Pool | Reuters As questions loom on Capitol Hill over whether or not there will be second stimulus checks , one senator is introducing a bill to make those

A person wearing a protective mask walks past a store for lease in San Francisco, Calif., on Dec. 8, 2020. David Paul Morris/Bloomberg via Getty Images Worsening outlook Together, initial claims are at their highest point since mid-September. “[The] rebound signals things aren’t just stagnating, they’re worsening,” Daniel Zhao, an economist at Glassdoor, a job

Scott Heins | Getty Images News | Getty Images The next stimulus package may include relief for renters struggling in the pandemic. In a summary of the bipartisan legislation circulated on Wednesday, lawmakers included a national eviction moratorium until February, 2021, and $25 billion in rental assistance for tenants who’ve fallen behind. Those funds would

Image Source | DigitalVision | Getty Images As Capitol Hill lawmakers continue to work on the next round of coronavirus relief, a big question remains: Will there be a second round of $1,200 stimulus checks? Based on one new plan, lawmakers for and against those checks could split the difference and send $600 one-time payments

Al Drago | Bloomberg | Getty Images A bipartisan Senate relief package would pay a $300 weekly boost to unemployment benefits for 16 weeks and extend jobless aid for millions of workers set to lose benefits at year’s end, according to a summary of the legislation issued Wednesday. The $908 billion bill, the Bipartisan Emergency

Woman holds vials labelled “COVID-19 Coronavirus Vaccine” over dry ice in this illustration taken, December 5, 2020. Dado Ruvic | Illustration | Reuters “I can’t produce enough for the masses,” Johnny T. Stine wrote on Facebook in May, “but in 18 months, when the virus is long gone, everyone will have access to the vaccine

Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | Getty Images The Covid-19 pandemic has prompted some advocates to call for providing Americans with guaranteed monthly income to help them get back on their

Student enter PS 15 Roberto Clemente School in New York, U.S., on Tuesday, Sep. 29, 2020. Jeenah Moon | Bloomberg | Getty Images As the coronavirus pandemic continues to disrupt schooling across the country, students are falling behind — and none more than Black and Hispanics, a report by McKinsey & Company found. That will

Frederick Bass | fStop | Getty Images $180 billion The relief package allocates $180 billion for “additional unemployment insurance,” according to a framework outlining cost elements. It’s the second-largest pot of money available, placing only behind $288 billion in support for small businesses, including funds for the Paycheck Protection Program. The bill would also offer

U.S. Senate Democratic Leader Chuck Schumer (D-NY) takes questions during a news conference on Capitol Hill in Washington, December 1, 2020. Kevin Lamarque | Reuters Sen. Minority Leader Chuck Schumer continues to put pressure on President-elect Joe Biden to to forgive up to $50,000 in student debt per borrower on the first day of his

Vasily Pindyurin | fStop | Getty Images Cyber criminals steal billions of dollars a year from financial firms. Financial advisors – and their clients – are at risk as attacks increase and grow more complex, according to security experts. “Advisors have one thing the bad actors want, and that’s money,” said Brian Edelman, chief executive