Personal Finance

Remote schooling remains a struggle for many families. Yet there is still a real risk in returning to the classroom. As of a recent tally, 87% of institutions have combined in-person and virtual learning in response to the public health crisis, according to a report by the Institute of International Education that was based on data collected

Online shopping is surging in the pandemic. martin-dm | E+ | Getty Images The other night, I was feeling a little more tired and burned out than usual. I smelled the candle on my desk to see if I could pick up its scent. What if I was coming down with Covid-19? I got a

miodrag ignjatovic Taking steps to sort out your finances, including increasing your financial knowledge, can help alleviate money stress in times of uncertainty. Financial stress is nothing new for many Americans, and the coronavirus pandemic has exacerbated anxiety for a lot of people. As many as 84% said in September that the Covid-19 crisis is

U.S. President Donald Trump waves upon return to the White House from Walter Reed National Military Medical Center on October 05, 2020 in Washington, DC. Win McNamee | Getty Images News | Getty Images Millions of Americans have been waiting for Congress to pass another stimulus package that would deliver them financial relief during one

Democratic presidential nominee and former vice president Joe Biden speaks at a campaign stop in Miami on Oct. 5, 2020. Roberto Schmidt | AFP | Getty Images Taxes could rise for the wealthiest households  in a Joe Biden presidency. However, you might want to think twice before making any dramatic moves. Indeed, Biden’s tax plan

Kirby Hamilton | Getty Images For some small-business owners, watching their larger peers file for bankruptcy may do little to ease fears about their own financial solvency. With the coronavirus pandemic continuing to take a toll on the economy, Ruby Tuesday has become the latest large restaurant chain to seek protection under the U.S. bankruptcy code.

U.S. President Donald Trump walks to Marine One on the South Lawn of the White House on October 1, 2020 in Washington, DC. Drew Angerer | Getty Images It appears unemployed workers won’t get another boost in their weekly benefits any time soon, after President Donald Trump pulled officials out of negotiations on a fifth

The cost of a virtual health visit has changed for some people with insurance, even as the coronavirus pandemic rages. That means you may have to pay more to Zoom with your doctor. At the beginning of October, many major insurance companies, including Anthem and UnitedHealth, shifted their policies for telehealth, meaning that cost-sharing for

miodrag ignjatovic The recent disappearance of a financial advisor — and possibly client money — may serve as a cautionary tale for investors. Christopher Burns, owner of Dynamic Money in Atlanta, was reported missing by his wife on Sept. 25 after she couldn’t reach him, according to a Gwinnett County, Georgia, police report. His wife

Images By Tang Ming Tung If you typically don’t file tax returns and haven’t yet received a $1,200 stimulus check, you now have five more weeks to submit your information to the IRS in order to get your money. The IRS announced on Monday that it has extended the deadline for non-filers to Saturday, Nov.

Melissa Bradley founded 1863 Ventures to help women and people of color jump start their businesses. Source: Melissa Bradley Melissa Bradley’s mission to help women and people of color build their businesses stems from the hardships she faced as a young entrepreneur. The 52-year-old, co-founder of the mentorship tech platform Ureeka and a Georgetown University

Getty Images You’ve heard of buyer’s remorse when it comes to things people buy. But you may not know that people can experience those same regrets because of the way they choose to pay for their purchases. One frequent culprit: retail credit cards. Purchases made with those accounts will likely end up costing consumers more

Erin McClellan, owner and lead designer of Sprigs Floral Designs in San Luis Obispo, Calif. Blake Andrews | Slotography In 15 years of running a business, this year has proven to be the most difficult for Erin McClellan, owner of Sprigs Floral Designs in San Luis Obispo, California. And it turns out 2020 had one

Justin Sullivan | Getty Images With 74-year-old President Donald Trump testing positive for Covid-19, Medicare beneficiaries may be reminded of their own vulnerability. For the 62.7 million people enrolled in Medicare —  the majority of whom are age 65 or older —  the coronavirus generally poses a greater health risk. While Congress and regulators have

AJ Watt | Getty Images If you’re worried about Covid-19 and want to virtually check in with your doctor following news of President Donald Trump’s positive test, there’s good news: Many major insurance companies are still waiving fees for such visits. Telehealth, or doctor visits done by video or telephone, have surged in popularity amid

kali9 | E+ | Getty Images If you’re retired and are thinking about downsizing or relocating, and it involves buying a home, you might want to look into how you would finance it. You may discover that qualifying for a mortgage is different from the last time you bought a house. Not only have lenders

A man fills out paperwork while waiting for his number to be called at an unemployment event in Tulsa, Oklahoma on July 15, 2020. Nick Oxford for The Washington Post | Getty Images Washington lawmakers say they are still optimistic that a coronavirus stimulus deal can go through. But if both political parties do not

A woman, of Lexington, waits in a line outside a temporary unemployment office established by the Kentucky Labor Cabinet at the State Capitol Annex in Frankfort, Kentucky, U.S. June 17, 2020. Bryan Woolston | Reuters As workers who were brought back to their jobs after furloughs and layoffs due to the Covid-19 crisis face additional

Speaker of the House Nancy Pelosi, D-Calif., speaks during her weekly news conference in the Capitol in Washington on Thursday, Sept. 24, 2020. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images As House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin try to hash out another coronavirus relief package, distressed business owners continue to

Tom Brenner | Reuters House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are still working on a compromise  stimulus bill to help Americans cope with the coronavirus crisis. In an interview with Fox Business host Lou Dobbs on Wednesday, Mnuchin said second $1,200 stimulus checks that are “similar” to the first payments will be

silvana magnaghi | Moment | Getty Images Tens of thousands of job cuts have been announced this week as a result of the ongoing coronavirus pandemic. With 28,000 employees expected to be laid off at Disney and 7,000 to 9,000 jobs cut at Royal Dutch Shell by the end of 2022, job losses are mounting

In the wake of the coronavirus crisis, many American families are under severe financial strain. Meanwhile, others are also facing a $40,000 college tuition bill. Nearly 40% of parents who didn’t plan to apply for federal aid, now will as a result of the pandemic, according to a recent survey by Discover Student Loans. Roughly

Joe Biden speaks at the National Constitution Center in Philadelphia on Sept. 20, 2020, to make a statement on the nomination for replacement of recently deceased Supreme Court Justice Ruth Bader Ginsburg. Roberto Schmidt | AFP | Getty Images Residents in high-tax states who lost out on a substantial write-off are in good company. Democratic

Getty Images The big question over whether Congress will pass another coronavirus stimulus bill is, will they or won’t they? From jobs to savings to retirement plans, the coronavirus pandemic has upended many Americans’ financial lives. Millions of Americans, facing serious financial hardship, are hoping for more relief, including expanded federal unemployment benefits and a

U.S. President Donald Trump speaks to reporters during a news conference inside the James S. Brady Briefing Room at the White House September 27, 2020 in Washington, U.S. Ken Cedeno | Reuters Apparently, losing millions of dollars can work in your favor – if you’re President Donald Trump and can hire a team of professionals

If you are thinking of switching colleges, the coronavirus crisis could give you a leg up. With a number of undergraduates sitting this semester out, and many international students unable to enter the U.S., some colleges and universities are well below their enrollment numbers for the 2020-2021 academic year. “This has proven to be a

Jose Luis Pelaez Inc | DigitalVision | Getty Images Oct.1 is around the corner.  And even though millions of Americans are living without a steady paycheck amid the pandemic, the bills are still due. Making the situation worse is that fact that Congress hasn’t been able to reach a deal on another stimulus package, leaving

Emergency Rescue Service (SAMU) nurse Belisa Marcelino checks the lungs of Maria Geralda da Silva, 84, who is experiencing breathing difficulty and others symptoms of the coronavirus disease (COVID-19), as preparation is made to transfer the patient to a hospital amid the outbreak, in Sao Paulo, Brazil. Amanda Perobelli | Reuters You may have heard

The possibility of more campus closures has sparked a sudden interest in withdrawing from college before it’s too late. “All of us are counting down to the tuition deadline,” said Carla Voight, 20, a junior at the University of Michigan in Ann Arbor, referring to the last day students are eligible for some reimbursement if

SDI Productions | E+ | Getty Images Financial aid packages for next year might be woefully short for college students whose parents have lost their jobs amid the Covid-19 downturn. Students can begin applying for financial aid as early as Oct. 1. That’s the first day they can fill out the Free Application for Federal