Personal Finance

Mary Roberts has been working five jobs since August to stay afloat after the coronavirus pandemic decimated the cruise industry, where she was a director and choreographer. Mary Roberts Mary Roberts is not immune to the hustle as an artist. But the coronavirus pandemic has presented a challenge like she’s never seen before. Roberts, 39,
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Jeanne Flynn, 34, has accumulated thousands in credit card debt while waiting for unemployment benefits to arrive in New Jersey. Jeanne Flynn Jeanne Flynn used to worry about money. But never like this. Flynn, 34, lost her restaurant job in March as the coronavirus pandemic raged. Months of waiting for unemployment benefits and little savings
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The Internal Revenue Service (IRS) headquarters in Washington, D.C. Janhvi Bhojwani | CNBC Entrepreneurs who took a forgivable loan this year can’t write off certain expenses on their taxes if they expect the debt will be forgiven, according to the IRS and Treasury Department. The two agencies issued guidance Wednesday on the Paycheck Protection Program
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The Federal Trade Commission Building in Washington D.C. Ashley Stringer | CNBC The Federal Trade Commission has filed a civil complaint alleging “unfair or deceptive acts” by Beam Financial, a San Francisco start-up behind a savings app that purported to offer above-market interest rates on federally insured deposits. As CNBC first reported in October, dozens
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GYRO PHOTOGRAPHY | amana images | Getty Images Growing rapidly within the socially responsible investing landscape is the world of so-called impact investing, which deploys your money more directly toward solving societal problems. Largely executed through direct investing platforms, this approach addresses specific problems, such as alleviating poverty in certain communities or reducing pollution. These
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Aviation workers hold a protest organized by the Association of Flight Attendants outside the U.S. Capitol in Washington, D.C., on Sept. 9, 2020. Saul Loeb | AFP | Getty Images Washington lawmakers have worked to come to an agreement on the next coronavirus relief package for months. Post-election, those talks could get shaken up by
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Volunteers distribute food to the needy in Orlando, Fla. Paul Hennessy/NurPhoto via Getty Images Continuing claims Continuing claims for unemployment benefits are the best available proxy for the total number of people receiving jobless aid. Claims have fallen by more than 10 million since the early summer. There were around 21 million continuing claims through
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President-elect Joe Biden delivers remarks in Wilmington, Delaware, on Nov. 9, 2020. Angela Weiss | AFP | Getty Images President-elect Joe Biden ran on a platform that included proposals to shore up Social Security benefits while extending the program’s solvency. How his administration and the next Congress take shape will help determine just how many
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MoMo Productions Families of color were already trailing their White peers in retirement savings. Then the coronavirus pandemic hit, adding a further hurdle to retirement planning for minorities in the U.S. More than 60% of Hispanic households are at risk of being unable to maintain their current standard of living in retirement, along with 54%
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shapecharge | E+ | Getty Images Medicare beneficiaries who pay extra for coverage due to higher income should be aware that those monthly surcharges are creeping up for 2021. With the standard premium for Part B (which covers outpatient care) now set at $148.50 next year, those so-called income-related monthly adjustment amounts, or IRMAAs, will
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