Everything is bigger in Texas, including the tax refunds. Residents in Midland, Texas, received the most money back from Uncle Sam when they filed their 2018 tax returns: an average refund check of $3,800, according to MagnifyMoney.com. The personal finance site analyzed 2018 tax filing data from the IRS, focusing on 157 metropolitan areas in
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mediamasmedia The stock market is acting strangely these days, with headlines about market rallies next to ones about historic unemployment figures and companies filing for bankruptcy. You can’t figure it out. But you may be wondering if you should take advantage of the upswing and pull some money out of the market. After all, before this recent rally,
The Federal Reserve said Wednesday it would keep its benchmark interest rate near zero in response to the economic shock from the coronavirus crisis. “The most significant responsibility of the Fed now is to make sure that credit markets continue to function,” said Greg McBride, chief financial analyst at Bankrate.com. “Without functioning credit markets, there will be no economic
States facing revenues in sharp decline amid the coronavirus pandemic have tough choices ahead – and you might be shelling out more in state and local taxes as a result. State and local governments were left out of the $484 billion coronavirus relief bill that President Donald Trump signed into law last week. “Our costs
Image Source | Getty Images When it comes to coronavirus stimulus checks, many say $1,200 isn’t enough. Millions of those one-time payments are still on their way to Americans. The coronavirus shutdown, however, could have economic effects for months. Now, political leaders are turning to proposals for putting more income in Americans’ hands. “Others have
Local residents line up outside the food pantry Bed Stuy Campaign Against Hunger to receive free food during the COVID-19 pandemic on April 23, 2020 in the Bedford-Stuyvesant neighborhood of Brooklyn, New York. Due to increased levels of unemployment, the lines at the daily food pantry have been getting longer. (Photo by Andrew Lichtenstein/Corbis via
Pedestrians walk through Harvard Yard on the closed Harvard University campus in Cambridge, Massachusetts, U.S., on Monday, April 20, 2020. Adam Glanzam | Bloomberg | Getty Images “Many schools are tuition-dependent,” said Robert Franek, editor in chief of The Princeton Review and author of “The Best 385 Colleges.” “That really does change their financial make up
Annie Nova Annie Nova | CNBC I was raised by a single mother who had no time for the kitchen, and although I wanted to be different, I wasn’t. I became dependent on Grubhub, and the tiny oven in my Manhattan apartment could go months unused. Since I never had a teacher, cooking intimidated me.
Ziga Plahutar If you’ve had trouble accessing the Get My Payment tool to check on the status of your coronavirus stimulus payment, you may want to try again. The IRS announced on Sunday it had made “significant enhancements” to the web portal, which first went live on April 15. The changes are aimed at creating what
Phynart Studio In the Before Time, you had your pick of side gigs. That was before the coronavirus pandemic changed just about everything, including (possibly) your salary. If you’re looking for extra cash either to supplement or replace lost income, you might want to consider side jobs that help you avoid contact with potential customers.