Andy Beshear, governor of Kentucky Scotty Perry/Bloomberg via Getty Images Kentucky is sending $400 checks to thousands of unemployed workers in the state who didn’t qualify for an earlier round of relief authorized by President Donald Trump. Other workers whose jobless benefits have been significantly delayed will get $1,000 one-time payments. Gov. Andy Beshear signed
Personal finance
Allen J. Schaben | Los Angeles Times | Getty Images The Mega Millions jackpot just won’t quit. With no ticket matching all six numbers drawn Tuesday night, the top prize has shot up to $750 million. The amount — which exceeds the entire economic activity of some small nations — marks the fifth-largest jackpot in
Massimo Giachetti | iStock Editorial | Getty Images An aide for the incoming Biden administration said last week the president-elect will extend the payment pause and interest waiver for student loan borrowers beyond this month, when it was set to expire. That means the 42 million Americans with federal student loans will have more time
Hundreds of jobless people wait outside the Kentucky Career Center for help with their unemployment claims on June 19 in Frankfort, Kentucky. John Sommers II/Getty Images As President-elect Joe Biden prepares to take office on Jan. 20, one of his first priorities is getting $2,000 stimulus checks approved. A third round of higher payments looked
An illustration of bitcoin on Euro banknotes. Nicolas Economou | NurPhoto via Getty Images Bitcoin has been on a wild streak lately, showcasing why curious investors should pause before putting money into the cryptocurrency. The asset hit a record high of $41,973 on Friday, according to data from Coin Metrics, but on Monday plummeted about
The U.S. Department of Labor headquarters in Washington. Al Drago/Bloomberg via Getty Images Automatic benefits Many workers will get the aid automatically, according to communications from federal and state labor departments. For example, workers don’t need to apply or take additional action to get the $300-a-week enhancement. States will include the stipend in individuals’ typical
StefaNikolic | E+ | Getty Images Holders of cryptocurrency have more than price volatility to worry about this year. The taxman wants to know about your trading activity. Bitcoin hit fresh highs during the weekend, creeping toward $42,000 on Jan. 8. However, its value tanked on Monday amid a sell-off in cryptocurrencies, and bitcoin’s value
LeBron James of the Los Angeles Lakers at a game against the LA Clippers at ESPN Wide World Of Sports Complex on July 30, 2020 in Lake Buena Vista, Florida. Mike Ehrmann | Getty Images In a search for revenue, state tax departments have set their sights on a tempting target: professional athletes. “If you’re
Rachel Bozarth and her family have frozen their spending on non-essential items for the month of January. Source: Rachel Bozarth Rachael Bozarth is taking some drastic measures to attack her debt. The 32-year old mother of five has pledged to freeze all of her non-essential spending for the month of January. “I need to retrain
Taking a trip? Not likely right now. With tourism at a near standstill, making a long-term commitment to an annual vacation spot may have seemed like a better idea before a global pandemic restricted travel and caused a sudden spike in unemployment, leaving many Americans with less disposable income. Now some owners of timeshares, who
The latest round of $600 stimulus checks is on the way. Meanwhile, many have already arrived for millions of Americans. But for people who recently changed their bank account information, that payment might not come at all. The IRS and U.S. Treasury Department began issuing the second economic impact payments through direct deposit and mailing
Getty Images Between the nation’s two largest lottery jackpots, there’s close to $1 billion up for grabs. Mega Millions’ top prize was revised upward on Thursday to $510 million due to strong ticket sales. The next drawing is Friday at 11 p.m. Eastern Time. For Powerball, the jackpot is $470 million, with the next drawing
Drew Angerer | Getty Images News | Getty Images No, you didn’t hit the $520 million Mega Millions jackpot. The lottery game’s top prize has climbed to a whopping $600 million for Tuesday night’s drawing, following no ticket matching all six numbers drawn Friday night. The amount marks the 8th-largest jackpot in lottery history. And
Jersey City, New Jersey. Dong Wenjie | Moment | Getty Images Whether they were tired of the chilly winters or the high income taxes, a lot of residents fled New Jersey, New York and Illinois in 2020. New Jersey was the top “outbound” state last year, according to an analysis of 2020 moving data by
Bloomberg | Bloomberg | Getty Images With Democrats in control of the White House and Congress, student debt forgiveness stands a better shot of becoming a reality for millions of Americans. Still, there are obstacles. Will cancelling the debt be a priority for the young Biden administration, which comes in amid dueling and unprecedented health
Fertnig | E+ | Getty Images If you don’t receive your second stimulus check in your bank account or the mail, the good news is you can claim the money when you file your tax return this spring. But beware: That doesn’t necessarily mean you will automatically get the full $600 or other funds you
In the stimulus package signed into law last month, the national ban on evictions was extended through January and a $25 billion pot of money was established for renters struggling amid the health and economic crisis. That money will help to keep many of the 14 million Americans who are behind on their rent in
Getty Images Millions of second stimulus checks are being deployed to help Americans who are struggling amid the coronavirus pandemic. Even so, some may be asking, “Where is my money?” A new set of payments was authorized by Congress with the latest $900 billion coronavirus relief package. This time, the checks will be up to
SDI Productions | E+ | Getty Images If your stimulus payment came in below what you expected, you may get a second shot at claiming the money when you file your 2020 tax return. In the waning days of 2020, the federal government began sending out its second round of stimulus checks to millions of
President-elect Joe Biden (C) along with Democratic candidates for the U.S. Senate Jon Ossoff (L) and Rev. Raphael Warnock (R) greet supporters during a campaign rally the day before their runoff election in the parking lot of Centerparc Stadium in Atlanta. Chip Somodevilla | Getty Images A $15 federal minimum wage edged closer after Tuesday’s