Personal finance

Adam Hester America is a resilient nation. Americans are optimistic, innovative, forward-looking and compassionate. And when a crisis occurs, America’s best qualities shine through and burn brightly. We are in the midst of an unprecedented health crisis that has caused a momentous disruption to our nation’s and the world’s economy as businesses have been ordered

One conundrum that some investors face is how to capture the safety of bonds while trying to get in on riskier stock-like returns. Enter convertible bonds. These hybrid investments are corporate-issued bonds that pay interest — generally higher than U.S. Treasury rates but lower than those on regular corporate bonds. After a predetermined length of

miodrag ignjatovic Younger Americans are eager to eat and drink out in public again. They will, however, likely shy away in large numbers from festivals, sports venues and international trips for a while once conoravirus lockdowns are lifted across the U.S., perhaps preferring to shop online from home while waiting to see how vaccine trials

Deborah Harrison | Photographer’s Choice RF | Getty Images If you’re behind on your debts, your coronavirus stimulus check could be taken from you. Some states are fighting back to prevent that from happening. This week, Ohio Attorney General David Yost warned creditors that those one-time government checks are protected by state law from garnishment.

NoDerog | iStock | Getty Images Millions of Americans received stimulus checks from the U.S. government this week to help stave off the negative economic effects of the coronavirus. But many people are still asking: Where is my money? If you haven’t received your payment yet, take heart: Millions more Americans are slated to receive

Empty desks and chairs in a high key cafeteria room with no people during corona virus pandemic. Giulio Fornasar Samantha Costanza was furloughed in March by her company, which designs merchandise for Broadway shows, all of which are now closed due to the coronavirus pandemic.  “I had not heard of the term ‘furlough’ before, and assumed

andresr/Getty Images This week was supposed to include Tax Day, when personal income taxes are traditionally due. Instead, it marked a different big milestone: the beginning of the coronavirus stimulus payments. Now, Congress has updated its timeline on when subsequent rounds of payments can be expected. Here’s the latest, according to the House Ways and

Secretary of the Treasury Steven Mnuchin speaks with President Donald J. Trump and members of the coronavirus task force during a briefing in response to the COVID-19 coronavirus pandemic on Thursday, April 02, 2020 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images) The Washington Post Veterans and their family members will

The seal of the Internal Revenue Service (IRS) hangs on a podium during an IRS Criminal Investigation 100th year anniversary event at the agency’s headquarters in Washington, D.C., U.S., on Monday, July 1, 2019. Photographer: Andrew Harrer/Bloomberg via Getty Images Bloomberg An unlikely group counts itself among the recipients of the coronavirus stimulus checks: the

Don’t count on being able to get emergency cash from your 401(k) account, even if a new law says you can. While the recently passed CARES Act included provisions to make it easier to access your retirement money penalty free for coronavirus-related reasons, it’s up to employers whether to implement the legislative changes. And at

Wondering where your coronavirus stimulus payment is? The delay could be due to a glitch related to your tax preparation service. A new report from The Washington Post on Thursday estimates that millions of Americans could still be waiting to see their stimulus money if they previously filed their taxes with companies like TurboTax, H&R

A view of new York State Department of labor office in Flushing Queens during coronavirus pandemic on April 12, 2020. More than 10% american workers have applied for unemployment benefits as of April 11, 2020. (Photo by John Nacion/NurPhoto via Getty Images) NurPhoto Americans are filing for unemployment benefits in record numbers, and scammers are

Blank Social Security checks are run through a printer at the U.S. Treasury printing facility February 11, 2005 in Philadelphia, Pennsylvania. William Thomas Cain | Getty Images If you’re receiving Supplemental Security Income benefits, you will get your coronavirus stimulus payment automatically, the government said on Wednesday. The payments will come the same way you

Damir Khabirov | iStock | Getty Images Some Americans who are eagerly awaiting their coronavirus stimulus payments may be in for an unwelcome surprise: less money than they had expected. News that $1,200 payments are coming to individuals and $2,400 for couples has made headlines since Congress passed the CARES Act in March. Dependents are

JGI/Jamie Grill Millions of Americans are slated to get payments of up to $1,200 per person from the government this week, and now there’s a way to track your money. On Wednesday, the Treasury Department and IRS launched a new free web app called “Get My Payment” that allows taxpayers to find the status of

urfinguss | Getty Images A fight could be brewing over your coronavirus stimulus check. Your opponent could be your very own bank. If you have outstanding debts, your stimulus payments could be reduced or taken by creditors or debt collectors, in what 25 state attorneys general called a “legislative oversight” in a letter sent to

Yuka Ioroi, co-owner of Cassava restaurant on Balboa Street in San Francisco manages take-out orders on April 8, 2020. San Francisco Chronicle/Hearst Newspapers via Getty Images Nearly 7.5 million small businesses are at risk of closing their doors permanently over the next several months if the coronavirus pandemic persists, according to a survey. Around two-thirds

Ahmad Alsheikh, 18, was admitted to the Harvard class of 2024. Source: Ahmad Alsheikh For Ahmad Alsheikh, 18, gaining acceptance to Harvard’s Class of 2024 was a lifetime in the making.  Alsheikh and his family came to the U.S. from Syria, seeking asylum from that country’s civil war. Yet in starting school as a high school

Sam Edwards | Getty Images Retiring at 65 was already becoming a fading tradition before Covid-19 sank the world’s economy. Now, that traditional retirement age could fall further by the wayside as workers pick up the pieces once the economy gets going again. A survey from Allianz Life Insurance Company finds that half of Americans

Getty Images If you’d planned on making a payment to the IRS on April 15 and now want to reschedule due to the coronavirus pandemic, you’re running out of time. In March, the IRS and Treasury Department announced it would give taxpayers until July 15 to file their 2019 income tax returns and make any necessary payments.