Food Network star and restaurateur Guy Fieri has more on his mind these days than navigating his own restaurant business out of the Covid pandemic. He’s trying to help revitalize the industry itself. Next month, he’ll give out $300,000 in grants to aspiring restaurant entrepreneurs and existing owners. “I’ve been very blessed,” said Fieri, who
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FatCamera | E+ | Getty Images Working families who struggle to pay for child care may get some relief from 2021 changes to flexible spending accounts. The American Rescue Plan, President Joe Biden‘s $1.9 trillion stimulus package, boosted child-care assistance through temporary changes to dependent-care FSAs. The law increased 2021 dependent-care FSA limits to $10,500
Kim Churches Courtesy of American Association of University Women It’s a statistic that prompts a double-take: Women owe two-thirds of the country’s $1.7 trillion outstanding student loan balance. On average, women borrow more than $31,000 to finance their education. Black women take out more than $41,000. Men, meanwhile, borrow around $29,000. But those differences are
Chris Ratcliffe/Bloomberg via Getty Images Crypto investors may be shell-shocked by a recent plunge in prices. But that sell-off has a silver lining: It opens the door to a money-saving tax strategy. Popular cryptocurrencies like bitcoin and ethereum shed more than half their value in volatile trading over the past month or so. A bitcoin
In this article BCH.CB= Dado Ruvic | Reuters Bitcoin‘s trademark rollercoaster ride is back — and doesn’t look to be letting up anytime soon. On Monday, bitcoin rebounded and traded up roughly 14% near the 38,000 level after slumping to less than $32,000 on Sunday. The choppy movement comes just days after bitcoin plunged 30%,
Martin Barraud | Getty Images If you’re retired and worried about how inflation could hit your wallet, there may be strategies you can employ to minimize the impact. One option could be to invest in Treasury inflation-protected securities, or TIPS. Like typical Treasury bonds, they are issued and backed by the U.S. government — which
fstop123 | E+ | Getty Images It’s a sure bet that no one — regardless of age — enjoys handing over any of their income to the IRS. In retirement, though, doing so can feel like even more of a sting. Assuming you’ve left work earnings entirely behind you, any amount owed to Uncle Sam
In this article FIS Although the pandemic isn’t over, many retirement savings accounts are back to pre-Covid highs. Retirement account balances, which took a sharp nosedive almost exactly one year ago when the coronavirus outbreak caused economic shockwaves, have now bounced back entirely, according to the latest data from Fidelity Investments, the nation’s largest provider
Residential buildings in the East Village neighborhood of Manhattan in New York City. James Andrews | iStock | Getty Images The Treasury Department announced on Friday that it’s disbursed more than $6 billion to states to help renters and landlords struggling because of the coronavirus pandemic. Between the last two major stimulus packages, Congress has
PeopleImages | E+ | Getty Images Prices are picking up faster than usual, and the threat more investors are talking about is inflation. Inflation presents challenges for investors in a number of ways, experts say. Most simply, as the cost of living goes up, your returns don’t go as far. That’s a particularly vexing problem