Even as cases of coronavirus rise, restoring in-person education is a top priority for the Biden administration. On his first full day in office, President Joe Biden will use his executive powers to direct the Departments of Education and Health and Human Services to collect national data on school closures and provide guidance on reopening. The executive order,
Personal finance
Hermione Granger | Moment | Getty Images In the last few weeks, bitcoin has been on a wild ride, surging to record highs and then wiping hundreds of billions of dollars from the cryptocurrency market days later. The volatility shows why curious investors should pause before putting money into the cryptocurrency. Bitcoin had an epic
US President-Elect Joe Biden speaks at Major Joseph R. “Beau” Biden III National Guard /Reserve Center in New Castle Airport on January 19, 2021, in New Castle, Delaware, before departing for Washington, DC. Jim Watson | AFP | Getty Images President Joe Biden on Wednesday plans to extend the payment pause on federal student loans
President Joe Biden delivers his inaugural address on the West Front of the U.S. Capitol on January 20, 2021 in Washington, DC. During today’s inauguration ceremony Joe Biden becomes the 46th president of the United States. Alex Wong | Getty Images President Joe Biden on Wednesday is expected to extend the federal ban on evictions
Trevor Williams | DigitalVision | Getty Images As some stocks have climbed to record highs, you may have been tempted to double down on a favorite pick, like Tesla or the latest initial public offering. But at least one money expert is sounding the alarm that some investors may be overexposed to individual stocks. Christine
DEA / M. BORCHI | De Agostini | Getty Images Waiving PUA overpayments “It’s up to the states,” said Andrew Stettner, a senior fellow at the Century Foundation. “I am hoping [they] will seek to follow the idea that there are a lot of mistakes made with PUA.” Most states do waive overpayments made through
Lev Radin/Pacific Press/LightRocket via Getty Images The state would raise the top tax rate to 10.86%, up from 8.82%, Cuomo said. That would yield a top rate of 14.7% for the wealthiest New York City residents in combined taxes. “[It] would be the highest income tax in the nation,” Cuomo said. This is a developing
In his first days in office, President-elect Joe Biden plans to sign an executive order to reopen schools. However, it’s not just a matter of federal funding. Vaccinating teachers remains one of the biggest hurdles to returning kids to classrooms. As Covid-19 cases spike across the country, the Centers for Disease Control and Prevention have prioritized
Once president-elect Joe Biden is inaugurated on Jan. 20, free college could finally become a reality. “With the makeup of this Congress, I am very optimistic that this will be on the agenda,” said Morley Winograd, president and CEO of the Campaign for Free College Tuition. “The only person more passionate about this is first lady Jill Biden.” On the
Jernessa Jones, 39, and her son Kyan Blair, 5, at graduation. Jones graduated with her master’s degree in business administration at the same time Blair graduated from preschool. Jernessa Jones’ next financial goal is twofold – to buy a house and begin to build generational wealth for her 5-year-old son, Kyan Blair. In the last
U.S. Vice President-elect Kamala Harris (L) looks on as U.S. President-elect Joe Biden (R) delivers remarks on January 08, 2021 in Wilmington, Delaware. Chip Somodevilla | Getty Images News | Getty Images The federal minimum wage is poised to get its first update in more than a decade. President-elect Joe Biden on Thursday said he
U.S. President-elect Joe Biden speaks as he lays out his plan for combating the coronavirus and jump-starting the nation’s economy at the Queen theater January 14, 2021 in Wilmington, Delaware. Alex Wong | Getty Images The incoming Biden administration will push Congress to expand food benefits for Americans struggling because of coronavirus until at least
Angela Weiss | AFP | Getty Images Yet again, the Mega Millions jackpot has catapulted higher. The top prize is now a staggering $850 million — the third-largest in lottery history — following no ticket matching all numbers drawn Friday night. Then there’s Powerball: Its jackpot is an estimated $640 million for Saturday night’s drawing.
FatCamera | E+ | Getty Images President-elect Joe Biden has a plan to help fix what he calls the immediate and acute child-care crisis in America. He unveiled his proposal on Thursday, as part of his sweeping $1.9 trillion coronavirus rescue package. “If left unaddressed, many child care providers will close — some permanently —
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden made a case for sending stimulus payments to all Americans who are eligible – including those who have kept their jobs
The Internal Revenue Service (IRS) building in Washington, D.C. Getty Images The IRS is delaying the start of the 2020 tax filing season to Feb. 12, according to an announcement from the agency. On that date, the IRS will start accepting and processing last year’s tax returns. Normally, the agency opens tax season in late
U.S. President-elect Joe Biden jokingly thanks voters for Georgia certifying his victory three times as he campaigns on behalf of Democratic U.S. Senate candidates from Georgia Jon Ossoff and Raphael Warnock, ahead of their January 5 run-off elections, during a drive-in campaign rally in Atlanta, Georgia, January 4, 2021. Jonathan Ernst | Reuters The push
US President-elect Joe Biden delivers remarks on the public health and economic crises at The Queen theater in Wilmington, Delaware on January 14, 2021. Jim Watson | AFP | Getty Images President-elect Joe Biden called on Congress to pass a range of protections and financial relief for Americans at risk of losing their homes because
Marcos Elihu Castillo Ramirez | iStock | Getty Images You might have heard that if your 2021 Medicare Advantage Plan isn’t a good fit, you can do something about it. During a window of opportunity that opened Jan. 1 and closes March 31, Advantage enrollees can drop their plan and return to basic Medicare (Part
Andy Beshear, governor of Kentucky Scotty Perry/Bloomberg via Getty Images Kentucky is sending $400 checks to thousands of unemployed workers in the state who didn’t qualify for an earlier round of relief authorized by President Donald Trump. Other workers whose jobless benefits have been significantly delayed will get $1,000 one-time payments. Gov. Andy Beshear signed