Signage is seen at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020. Andrew Kelly | Reuters The U.S. Department of Justice on Wednesday announced criminal char...
Tag: Social issues
What we learned from Biden, Harris tax returns, according to experts
President Joe Biden and Vice President Kamala Harris after Biden signed H.R. 55, the “Emmett Till Antilynching Act,” in Washingtonon March 29, 2022. Samuel Corum | Bloomberg | Getty Images...
How to choose a health insurance plan that saves money
Most Americans struggle to figure out which health insurance plan will save them money. It is a process that can be confusing, time-consuming and costly. A study of almost 24,000 employees at a major ...
New York City Companies Prepare to Put Pay Ranges on Job Listings
New York City employers are hustling to figure out what to do about impending salary-disclosure rules, while hoping for a delay. A sweeping pay-disclosure law requiring nearly all companies operating ...
Here’s why health savings accounts may contribute to inequality
The Good Brigade | Digitalvision | Getty Images A popular way to save for out-of-pocket medical expenses might be contributing to health-care inequality, new research suggests. Health savings accounts...
How companies like Amazon, Nike and FedEx avoid paying federal taxes
The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax. In fact, at least 55 of the largest corporations in America paid...
40% of job switchers already looking for new positions, survey finds
Cecilie_arcurs | E+ | Getty Images Two of every 5 workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. The...
There’s a growing interest in wealth taxes on the super-rich
Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing on Feb. 23, 2021. Greg Nash | Pool | Reuters Americans increasingly favor a wealth tax on the ultra-rich. But despit...
NFL warned to address gender harassment or face investigation
Roger Goodell Catalina Fragoso | USA TODAY Sports | Reuters Attorneys general of six states warned the National Football League on Wednesday to take “swift action” in responding to recent ...
Homebuilders turn to mixed-use districts, master-planned communities
Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed ...
Here’s what every woman needs to know about investing
Thomas Barwick | Getty Images Despite setbacks during the pandemic, the financial influence of women in the U.S. only stands to grow in the coming years. To that point, as more and more women embrace ...
Getting a divorce? Here’s how to tackle those money issues
Peter Dazeley | The Image Bank | Getty Images When dealing with a divorce, it can be hard to focus on your future finances. However, it’s crucial to face up to them sooner rather than later. ...
Many Americans face big tax bills on 2021 unemployment benefits
A Miami-Dade County job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images Many Americans who collected unemployment benefits in 2021 may be on the hook for big bills this ...
Marriott, Hilton, Hyatt and other hotels crack down on human trafficking
Human trafficking generates about $150 billion a year globally in illegal profits, according to the International Labour Organization, and poses a complicated challenge for major hotel chains. In 2020...
Is the Housing Market Going to Crash? With Rising Mortgage Rates and Sky-high Home Prices, First-Time Buyers Are Being Locked Out
When Kellie Stofko and her fiancé, Liam McRae, started house hunting last August, it was with the vision of trading their 800-square-foot Atlanta apartment for a roomier home of their own in time for ...
Last chance for some retirees to avoid a 50% RMD penalty is April 1
If you turned age 72 during the second half of 2021, the deadline for your first annual required withdrawal from retirement accounts is April 1. In many cases, it’s the last chance to avoid a he...
Consumers have saved more than $100 billion in health savings accounts
Morsa Images | Digitalvision | Getty Images Health savings accounts eclipsed $100 billion by the end of January, according to Devenir, an HSA investment consultant, as more consumers use the tax-advan...
Biden’s budget proposes tax hike on married filers over $450,000
President Joe Biden introduces his budget request for fiscal year 2023 on March 28, 2022 in Washington. Anna Moneymaker | Getty Images President Joe Biden released his 2023 federal budget request on M...
Biden discusses proposed tax on ultra-rich and defense spending in 2023 budget
[The stream is slated to start at 2:45 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is scheduled to unveil his 2023 federal budget on Monday aft...
Almost 645,000 people hadn’t gotten third stimulus checks by last fall
Irinascreativephoto | E+ | Getty Images Almost 645,000 people who were eligible for the third round of stimulus checks hadn’t gotten their payments as of mid-September, according to a U.S. Depar...
Why don’t kids get Covid badly? Scientists are starting to understand
A child reacts while receiving a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine at Smoketown Family Wellness Center in Louisville, Kentucky, U.S., November 8, 2021. Jon Cherry | Re...
Great Resignation continues, as 44% of workers seek a new job
Thianchai Sitthikongsak | Moment | Getty Images Almost half of employees are looking for a new job or plan to soon, according to a survey, suggesting the pandemic-era phenomenon known as the Great Res...
Foreclosures have jumped 70%. Here’s what that says about the housing market
The foreclosure uptick indicates that the economic — and especially employment recovery — is not complete, an expert says. Getty Images Foreclosures are up, and that’s something potential homebuyers a...
Why high gas prices fall harder on lower earners
High gasoline prices are impacting all American drivers — but low-income households bear the brunt of it. That’s because low earners funnel a bigger share of their budgets to transportation cost...
Disney creatives vent frustration to CEO Chapek over ‘Don’t Say Gay’ bill response
Bob Chapek, Disney CEO at the Boston College Chief Executives Club, November 15, 2021. Charles Krupa | AP Senior leaders across Disney’s creative studios have expressed their frustration to CEO ...
Coalition aims to end gender pay gap for pre-IPO companies by 2027
A jabot collar is seen placed on the Fearless Girl statue outside of the New York Stock Exchange (NYSE) in honor of recently passed Associate Justice of the Supreme Court of the United States Ruth Bad...
Work at a small employer? You likely pay high 401(k) fees
Yongyuan | E+ | Getty Images Workers who save in a 401(k) plan offered by a small business pay fees that are twice as high as those paid by employees who work at the largest companies in the U.S. The ...
Eligible taxpayers can claim earned income tax credit in these states
Valeriy_G | iStock | Getty Images Flush with cash, more than two dozen states enacted tax breaks in 2021, including earned income tax credits, or EITCs, a boon for low to moderate earners. Generally,...
Warren Buffett Runs Berkshire Hathaway Like It’s the 1960s.
In some important respects, CEO Warren Buffett runs Berkshire Hathaway like it’s the 1960s, when he took control of the company. CEO and board pay remain at 1960s levels. Top executives are paid entir...
One-third of job switchers took a pay cut for better work-life balance
Ricardo Mojana | Getty Images As the Great Resignation continues, employees are rethinking salaries, work-life balance and flexibility in their new careers. Some are willing to take a pay cut in excha...
Inflation isn’t likely to crush retirees for these expenses, report finds
High gas prices at stations in Garden Grove, California, on Monday, March 7, 2022. Jeff Gritchen | Medianews Group | Getty Images Inflation has continued to increase amid the Russia-Ukraine conflict a...
Federal Reserve may cause recession from fewer Bond Asset Purchases
Members of the Federal Reserve are debating how quickly to reduce the central bank’s portfolio of bonds, without starting a recession. Heading into the second quarter of 2022, the balance of Fed...