Audrey Saracco / EyeEm Capitol Hill lawmakers have been deadlocked on a new stimulus package. But another issue — sweeping changes to the U.S. Postal Service — now has both parties clashing again. The crux of the argument: whether changes that would improve the balance sheet of the country’s mail service would deny Americans’ their
Personal finance
Newport Beach, California, comes in at No. 2 in Hotwire’s 2020 list of “itty bitty city” destinations for quick nearby summer getaways. Westend61/Getty Images Summer is nearly over, and the Covid-19 pandemic shows no sign of abating. Many Americans, who put their vacation plans on hold, are thinking about when they might get away. Shorter
KLH49 | E+ | Getty Images An emergency can be practically anything. Conventional examples usually include an unexpected car expense or pet bill — not a global pandemic and months of job loss. “The pandemic exposed the widening gap between the financially secure and insecure,” said Dawn Goldbacher, vice president of business development at Prudential.
“I really liked the job,” Alridge, 37, said. “I was able to put away a lot of money over the last two years; we were saving to buy an apartment.” Source: Matthew Aldridge When Matthew Aldrige was furloughed in March from his job as a server at La Pizza & La Pasta, an Italian restaurant
Robert Federico waited more than four months for his unemployment benefits to arrive. In the end, the payout was more than $23,000. But he endured financial hardship in the interim. Robert Federico Robert Federico’s situation was bleak — dire, even, by his telling. In March, the 52-year-old lost his job at a New York design
Some Americans may still be recovering from the disappointment they felt after receiving stimulus checks for less than anticipated. One particular cohort that may have received reduced checks: those who were due $500 payments for children under age 17. The U.S. government rushed out $1,200 stimulus checks to Americans this spring after Congress passed the
President Donald Trump in the Cabinet Room of the White House on Aug. 3. Doug Mills-Pool/Getty Images) President Donald Trump is “ready to send” more coronavirus stimulus money. But it remains unclear if that is enough to move stalled Congressional negotiations forward so that Americans can see more money in their pockets. On Friday, Trump
Depending on your health coverage, you could see a rebate from your insurer in the coming months. While such paybacks are issued yearly, the 2020 aggregate amount is anticipated to be $2 billion — about twice what it was last year, said Karen Pollitz, a senior fellow with the Kaiser Family Foundation. “Insurer profitability has
President Donald Trump in the Cabinet Room of the White House on Aug. 3. Doug Mills-Pool/Getty Images) President Donald Trump signed a measure on Saturday to boost unemployment pay by up to $400 a week. That could help millions of jobless Americans pay their bills at a time when job prospects are slim and prior relief —
Saul Loeb | AFP | Getty Images Congress is at an impasse when it comes to how to help millions of Americans recover from the economic fallout of the coronavirus pandemic. Now, a report from Democrats on the Joint Economic Committee of Congress shows that one group — workers age 55 and older — are
Geber86 | E+ | Getty Images Whether you’re hiding from the pandemic at your beach house or your cabin in the woods, the taxman is on your trail. It’s been five months since the coronavirus hit the U.S. and forced millions of people to hunker down indoors. The pandemic has nudged some individuals to flee
The Small Business Administration opened the forgiveness portal for its Paycheck Protection Program loans this week, but companies may want to think twice before rushing in. The CARES Act made these PPP loans available to cash-strapped small businesses starting on April 3. Since then, more than 5 million loans have been approved, accounting for $525
Chip Somodevilla | Getty Images Capitol Hill has come to a standstill following heated discussions last week on what to include in the next coronavirus stimulus package. One thing they did seem to agree on was another set of $1,200 checks to Americans, similar to the payments that went out this spring. While Treasury Secretary
RichLegg | E+ | Getty Images Racial and economic inequities have long existed in America’s school systems, and it’s about to get worse, experts warn. With coronavirus cases still high around the country, half of U.S. elementary and high school students will attend school only virtually this fall, according to a study by Burbio, which
Alaina Lattin and her family Alaina Lattin was served an eviction notice last month at her home in Conroe, Texas. “It was a very loud banging,” Lattin, 32, said. “They just kept screaming, ‘Leasing office! Leasing office!'” Now, the single mother is worried that she and her four children will become homeless. Lattin is one
President Donald Trump speaks at an Aug. 10 White House news conference. Alex Wong | Getty Images News | Getty Images An extra $400 Trump’s executive order was one of four measures signed on Saturday to address jobless benefits, evictions, student loans and payroll taxes. Top Democratic lawmakers and White House officials have struggled to
seksan Mongkhonkhamsao Americans should be wary of fraud as Washington lawmakers debate the contours of another round of potential financial relief, according to an alert issued Tuesday by the Federal Trade Commission. Consumers should be cautious of solicitations asking them to pay for access to certain financial assistance, like stimulus checks and job opportunities, according
A Social Security Administration office in San Francisco. Getty Images President Donald Trump’s executive order calling for a payroll tax holiday is prompting many to ask: What does that mean for the future of Social Security? Whether the president’s move ultimately will hurt the program depends on who you ask. Payroll taxes are taken from
A banner against renters eviction reading no job, no rent is displayed on a controlled rent building in Washington, DC on August 9, 2020. (Photo by Eric BARADAT / AFP) (Photo by ERIC BARADAT/AFP via Getty Images) ERIC BARADAT | AFP | Getty Images The executive action President Donald Trump took on Saturday doesn’t give
Parents are forming learning pods for their children to supplement virtual learning this fall. Source: Outschool The latest education trend has parents reaching into their wallets to help supplement or replace their children’s virtual education this fall. So-called “learning pods” or “pandemic pods” are popping up all over the country. They are small, in-person groups