US inmates got coronavirus relief checks, and IRS wants them back
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
The legislation authorizing the payments during the pandemic doesn’t specifically exclude jail or prison inmates, and the IRS has refused to say exactly what legal authority it has to retrieve the money.
Only 47% of Americans are losing sleep over money despite pandemic: Study
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
For the 47 percent who are worried about money issues currently, 23 percent said their cause of stress revolved around everyday expenses, which Bankrate noted was down from the 32 percent who said the same last year.
IRS grants additional relief to retirement savers required to take plan distributions
Individuals can roll distributed funds back into a plan through August, according to IRS.
Individuals can roll distributed funds back into a plan through August, according to IRS.
Financial expert Suze Orman's advice to help you through the economic crisis
Financial expert Suze Orman offers advice for the economic crisis brought on by the COVID-19 pandemic.
Financial expert Suze Orman offers advice for the economic crisis brought on by the COVID-19 pandemic.
US new home sales rise surprisingly strong 16.6% in May
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
Sales of new homes rose a surprisingly strong 16.6% in May suggesting that the reopening of major parts of the country were giving a boost to the housing market.
Not tying the knot due to COVID-19? Here's why not getting married could have severe financial ramifications
Financial experts warn that many couples could be making a big mistake by not tying the knot.
Financial experts warn that many couples could be making a big mistake by not tying the knot.
Understanding bankruptcy and other options before you file
Here's what you need to know before filing for bankruptcy and other options you may have if you're one of the millions suffering financially due to the pandemic.
Here's what you need to know before filing for bankruptcy and other options you may have if you're one of the millions suffering financially due to the pandemic.
Buyers told vehicles bought at eastside warehouse were salvaged, police say they were stolen
Police tell men the trucks they bought were stolen not salvaged as they were told by the seller who has disappeared.
Police tell men the trucks they bought were stolen not salvaged as they were told by the seller who has disappeared.
How you can find out if you’re still owed money from the 2017 Equifax data breach
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
Millions of Americans’ financial information was compromised in an Equifax data breach in 2017.
IRS permits more Americans to tap retirement accounts without penalty
IRS permits more Americans to tap retirement accounts without penalty.
IRS permits more Americans to tap retirement accounts without penalty.
Where to find Father's Day deals
One of the best gifts you can give is just having fun together. So we rounded up places you can take Dad for free this Father's Day.
One of the best gifts you can give is just having fun together. So we rounded up places you can take Dad for free this Father's Day.
Target raising minimum wage to $15 an hour starting July 5, offer one-time $200 bonus to front-line workers
Target is permanently increasing its minimum wage to $15 an hour beginning July 5.
Target is permanently increasing its minimum wage to $15 an hour beginning July 5.
Fed Chairman Jerome Powell warns that long downturn would mean severe damage
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
“The longer the downturn lasts, the greater the potential for longer-term damage from permanent job loss and business closures,” Powell said. “Long periods of unemployment can erode workers’ skills and hurt their job prospects.”
Bar owner says bartenders opted for unemployment pay over work
Despite high unemployment numbers across the country, business owners in Houston say they are having a hard time filling open job positions because unemployment pays them more.
Despite high unemployment numbers across the country, business owners in Houston say they are having a hard time filling open job positions because unemployment pays them more.
Extra $600 in unemployment benefits ends next month, what happens then?
Lawmakers are at odds over additional aid for the tens of millions of Americans who are still unemployed.
Lawmakers are at odds over additional aid for the tens of millions of Americans who are still unemployed.
Legal help on how to fight illegal evictions
We've been hearing harrowing stories from people being locked out of their homes, or their power turned off, after losing their jobs during the shutdown. But that's not legal and state law says may let you collect money in damages from your landlord.
We've been hearing harrowing stories from people being locked out of their homes, or their power turned off, after losing their jobs during the shutdown. But that's not legal and state law says may let you collect money in damages from your landlord.
A second coronavirus payment may be coming. Here's your share
Earlier this week, Treasury Secretary Steven Mnuchin suggested the Trump administration was considering sending Americans another round of stimulus checks to offset the financial pain caused by the coronavirus pandemic and the related economic lockdown.
Earlier this week, Treasury Secretary Steven Mnuchin suggested the Trump administration was considering sending Americans another round of stimulus checks to offset the financial pain caused by the coronavirus pandemic and the related economic lockdown.
1.5 million more laid-off workers seek unemployment benefits
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
About 1.5 million laid-off workers applied for U.S. unemployment benefits last week, evidence that many Americans are still losing their jobs even as the economy appears to be slowly recovering with more businesses partially reopening.
US unemployment drops unexpectedly to 13.3% amid outbreak
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
The U.S. unemployment rate fell unexpectedly in May to 13.3% — still on par with what the nation witnessed during the Great Depression — as states loosened their coronavirus lockdowns and businesses began recalling workers.
Wall Street's rally zooms higher after surprise gain in jobs
The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.
The report gives credence to the building optimism among stock investors that the economy can recover relatively quickly from its current hole.