Youngest members of boomer generation face increasing financial dangers, uncertainty around retirement
Some of the youngest baby boomers are facing increasing financial uncertainty, especially due to lingering fallout from the 2008 recession, per a new report.
Increased rental rates causing widespread evictions
Rent increases are causing difficulty for people trying to keep up with payments
Bipartisan oversight committee duo teams up to force presidents, close family to disclose finances
A bipartisan bill supported by Reps. James Comer, R-Ohio, and Katie Porter, D-Calif., would compel presidents to offer years of tax filings and force family members to be similarly transparent about their finances.
New IRS crackdown on 'high-income' tax cheats owing hundreds of millions
The IRS has announced a large scale crackdown on high earning tax cheats who owe the agency hundreds of millions of dollars in unpaid taxes.
TikTokers explain how to save money and live better with 'no-spend January' viral trend: Report
The TikTok trend "no-spend January," has gone viral on the platform and features users giving advice on how to start the year off right and save money.
Biden administration to forgive nearly $5B in additional student loan debt
The Biden administration says it is forgiving an additional $4.8 billion in student loan debt relief, impacting more than 80,000 borrowers.
Private jet operator Wheels Up warns of 'substantial doubt' over its survival despite cash from Delta
Private jet operator Wheels Up received a cash infusion from investor Delta Air Lines Wednesday after warning of "substantial doubt" about continuing operations.
Here’s what happens at the IRS after you file your taxes
Tax pros report that this tax season most clients are getting refunds for e-filed returns in five to 14 days. For those filing on paper, refunds can take four weeks or more.
S&P 500 could sink another 22%, Morgan Stanley warns
Morgan Stanley analysts have warned the U.S. stock market could plunge by another 22% this year because investors are underestimating corporate earnings.
Most businesses expect 2023 recession: JPMorgan survey
A majority of small and midsize businesses in the U.S. told JP Morgan Chase in a recent survey they expect a recession this year as inflation continues to rage.
Snap to lay off 20% of its workforce: report
Snap, Inc. is reportedly planning to lay off 20% of its 6,400-plus employees starting Wednesday after warning earlier this year that it would slow hiring.
Inflation hits rural towns: 'Groceries, utilities, gas, we’re seeing it everywhere'
Inflation is hitting the U.S. at a level unseen in decades, and both cities and small towns are feeling it.
Inside a year at Peloton: from pandemic winner to HBO punchline
A dust-up over the reboot of HBO’s "Sex and the City" capped a tumultuous year for Peloton Interactive Inc., which saw its market value tumble as the company’s leaders struggled to gauge demand for its web-connected bikes.
'Pandora Papers': Leaked files reveal financial secrets of politicians, billionaires, celebrities
Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century, according to a review of nearly 12 million files obtained from 14 firms located around the world.
Application period opens for FEMA’s COVID-19 funeral assistance program
As part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 and the American Rescue Plan Act of 2021, the agency is able to provide assistance for funeral expenses incurred after Jan. 20.