Ohio Gov. Mike DeWine said Thursday that the state would end its participation in federal unemployment programs June 26. Justin Merriman | Getty Images News | Getty Images More than a dozen states are withdrawing from pandemic-era unemployment programs — forgoing billions of dollars in federal funds that would otherwise flow to out-of-work residents. Here’s
Personal finance
Brian Kemp, governor of Georgia. Elijah Nouvelage | Bloomberg | Getty Images More than 1 million Americans will lose unemployment benefits early as a result of states’ decisions to cut off federal aid to workers. By Thursday morning, at least 15 states, all led by Republican governors, had announced they would end their participation in
In this article IRSA3-AR FatCamera | E+ | Getty Images There are only a few days left for individuals to file their 2020 tax returns without risking a penalty from the IRS. This year, the deadline for tax returns is Monday, May 17. In March, the IRS pushed back the date for individual returns due
Scott Olson | Getty Images If you’re lucky — as in really, really lucky — that $2 Mega Millions ticket you’re holding could be worth $430 million by Saturday. That’s the face value of the jackpot heading into Friday night’s drawing. Yet whether you’d choose to receive the prize as an annuity spread over three
In this article TVAG-FF Axel Hefer, CEO of Trivago Trivago It’s been said there’s no gain without pain and that what doesn’t kill you makes you stronger. Online travel search firm Trivago seem to have taken the sentiment to heart amid an ongoing pandemic that’s put its industry through the wringer for some 14 months.
Sophie Evanoff, owner of Vanille Patisserie in Chicago, is having a hard time finding workers. Source: Sophie Evanoff She managed to keep her bakery business afloat during the pandemic, but now Sophie Evanoff, owner of Vanille Patisserie in Chicago, can’t keep up with demand. The culprit: her inability to find workers. “It is to the
Brian Kemp, governor of Georgia. Elijah Nouvelage | Bloomberg | Getty Images More than 1 million Americans will lose unemployment benefits early as a result of states’ decisions to cut off federal aid to workers. By Thursday morning, at least 14 states, all led by Republican governors, had announced they would end their participation in
Jose Luis Pelaez Inc | DigitalVision | Getty Images New York City has joined a short but growing list of jurisdictions aiming to get workers into a retirement plan. Mayor Bill de Blasio signed a bill into law this week that will require most employers not offering a workplace plan to automatically enroll their workers
From gas and groceries to computers, cars and clothing, Americans are already paying more for everyday expenses. As the economy reopens in the wake of the coronavirus pandemic, consumers are putting their stimulus checks, enhanced unemployment benefits and stashed cash to work. Yet all that spending — coupled with supply chain setbacks — is
kate_sept2004 | E+ | Getty Images A new batch of $1,400 stimulus checks has been issued to Americans, bringing the total number of payments sent to about 165 million, or $388 billion. This marks the ninth set of payments since the $1,400 stimulus checks were authorized by Congress in March. The checks are for up
A bartender and patron at a San Francisco bar on May 6, 2021. David Paul Morris | Bloomberg | Getty Images Californians could see an extra financial boost after Gov. Gavin Newsom unveiled a proposal to send new stimulus checks and renter assistance to residents. The $100 billion comeback plan announced Monday by Newsom, a
Luis Alvarez | DigitalVision | Getty Images The April jobs report has ignited controversy over what some see as competing interests: unemployment benefits and returning to work. But there’s a way to get both — including the extra $300 a week. “The $300 is what will attract people back to work,” Susan Houseman, research director
Justin Mackey, his wife, Cassie, and their three young children: Camdyn, 14, Connor, 7, and Charlie, 3. While Justin Mackey worked to rebuild his locksmith business, the 38-year-old was relying on getting a $420-a-week unemployment check for another four months. That money was a fraction of what he brought home before the pandemic shut down
As the economy reopens in the wake of the coronavirus crisis, more Americans expect inflation to increase over the next few years. Overall, the expectation is that the inflation rate would be up to 3.4% one year from now — its highest level since September 2013 — and at 3.1% three years from now, according
Marko Geber | DigitalVision | Getty Images Americans will be able to stash away more money in health savings accounts next year. Individuals with self-only coverage will be able to save up to $3,650 in an HSA in 2022, the IRS announced Monday. Those with family coverage will be able to save $7,300. More from
Gov. Asa Hutchinson said Arkansas will end enhanced unemployment benefits June 26. Andrew Harrer/Bloomberg via Getty Images Tensions are flaring over a $300 supplement to weekly unemployment benefits. A weaker-than-expected April jobs report has led to outcry in some circles that the payments are fueling a labor shortage. The extra aid offers an incentive for
fizkes | iStock | Getty Images Outstanding student loan debt in the U.S. has climbed to $1.7 trillion, a balance that is not evenly distributed among college graduates. Certain groups are far more burdened than others. President Joe Biden is now considering whether or not to reduce or eliminate those burdens by forgiving student debt.
Mary Ann Sergeant Source: Kara Sergeant After a year of grappling with the pandemic, many baby boomers have made changes to their retirement plans. Mary Ann Sergeant, 65, spent more than 15 years working as a pharmacy technician at Anna Jaques Hospital in Newburyport, Massachusetts. She wasn’t planning to retire from the community hospital for
bymuratdeniz | iStock | Getty Images If you haven’t filed your 2020 tax return, the clock is ticking. The deadline for 2020 returns is Monday, May 17. In March, the IRS pushed back the date for individual returns due to the coronavirus pandemic, giving most Americans an extra month to file. Even with the additional
In this article PFE Once children over age 12 are eligible for Pfizer’s Covid vaccine, the question of whether they will have to get it before going back to school in the fall will remain. “Like everything with Covid, this is going to be a school district by school district decision,” said Sharon Masling, a