nortonrsx | iStock | Getty Images Not all debt is the same. So how should you decide which to repay first? Amid the coronavirus pandemic last year and ensuing economic recession, debt grew for many Americans. In 2020, consumer debt ballooned to a new high of $14.88 trillion, a 6% increase from the previous year,
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Charlie Eaton Courtesy: Charlie Eaton The odds of student loan forgiveness happening have never been greater, experts say. Yet a number of large obstacles stand in the way, some practical and others ideological. Does the president have the authority to cancel the debt? Officials at the U.S. Department of Education and the U.S. Department of
In this article IRSA3-AR Samuel Corum/Bloomberg via Getty Images Jeff Lavigne plans to use a tax refund this year for long-delayed medical help. Yet his refund, almost $2,700, has been in limbo since mid-March, when Lavigne filed his tax return, records show. The IRS flagged the return for potential identity theft — as it did
kate_sept2004 | E+ | Getty Images Before you take out a mortgage or car loan, check your credit report. It may have a mistake that could cost you. It’s not as uncommon as you may think. More than one-third, or 34%, of Americans found at least one error on their credit report, according to a
The beach at Wildwood, New Jersey, on the Jersey Shore on May 27, 2021. Spencer Platt | Getty Images Certified public accountants have a message for New Jersey-based clients: It’s time to move to a lower-cost state. That’s according to a recent survey from the New Jersey Society of CPAs, which found that 70% of
Icicles hang off the State Highway 195 sign on Feb. 18, 2021 in Killeen, Texas. Joe Raedle | Getty Images The threat of climate change is shifting some older Americans’ retirement plans. Extreme weather such as hurricanes, flooding, freezing temperatures and wildfires has prompted some to rethink where they will spend their golden years. “Clients
NASA There’s a new potential risk investors need to watch out for, and it’s out of this world. Exchange-traded fund provider ProcureAM this week submitted a regulatory filing with the SEC citing a new unprecedented risk: unidentified aerial phenomena. ProcureAM — which provides a space-themed ETF that trades under the ticker symbol UFO — added
Women would be among the biggest winners of student loan forgivness. Ines Fraile | iStock | Getty Images Certain critics of student loan forgiveness have argued that the policy would largely benefit the relatively well-off, pointing out that college degrees lead to higher earnings. However, new research finds that the biggest benefits of cancelling student
Jack Taylor | Getty Images News | Getty Images Cryptocurrency is known for volatility and some experts say crashes tend to happen on weekends. “This has been a phenomenon in crypto for several years,” said Stephen McKeon, associate professor of finance at the University of Oregon in Eugene, Oregon, and partner at Collab+Currency, a cryptocurrency-focused
Image Source | DigitalVision | Getty Images More than 2.3 million new stimulus checks have been sent, representing over $4.2 billion in payments to Americans, the government announced on Wednesday. In total, more than 169 million payments worth about $395 billion have been issued since Congress passed the American Rescue Plan Act in March. That