What the federal funds rate means to you The federal funds rate, which is set by the central bank, is the interest rate at which banks borrow and lend to one another overnight. Although that’s n...
Tag: Coronavirus: Personal Finance
These states poised to pass personal finance education laws this year
Lee Jimenez, a teacher at Indian Hill Elementary School in Cincinnati, Ohio, discusses credit cards and methods of payments with his 3rd grade class using online financial education curriculum SmartPa...
Struggling small businesses hope more Covid relief is on the way
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the ...
Americans are ready to travel as their omicron fears fade
Göreme, in the Cappadocia region of central Turkey. Westend61 | Westend61 | Getty Images Americans’ enthusiasm for travel has rebounded to levels unseen since the broad rollout of Covid-19 vacci...
Here’s how to make sure a Covid test you buy online isn’t fake
Hache | E+ | Getty Images New Covid cases are rising fast and at-home rapid tests are in high demand. But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out o...
How to insure your trip amid airline cancellations
NicolasMcComber | E+ | Getty Images Air travel continues to be disrupted this week by the national surge in Covid infections, and many worried Americans may be wondering whether or how to ensure — and...
Americans overspent during the holidays, increasing credit card debt
By many measures, 2021 saw a record-spending holiday season despite ongoing supply chain problems, inflation and a new Covid-19 variant. Holiday sales are on track to grow as much as 11.5% over 2020, ...
10 things that will be more expensive in 2022
One thing is for sure: 2022 is going to cost you. Between inflation and ongoing supply chain issues, prices are rising on consumer goods nearly across the board. “I really don’t think ther...