Money

Biden Spending $4.5 Billion to Help Lower Home Heating Costs

Biden Spending $4.5 Billion to Help Lower Home Heating Costs

FINANCE | By Matthew Daly | Nov 3, 2022

The Biden administration said Wednesday it is making $4.5 billion available through a low-income home energy assistance program to help with heating costs heading into a brutal winter.

Powerball Prize up to $1.5 Billion, 3rd-largest Ever in U.S.

Powerball Prize up to $1.5 Billion, 3rd-largest Ever in U.S.

FINANCE | By Scott McFetridge | Nov 3, 2022

The prize has grown even larger to $1.5 billion ahead of the next drawing Saturday night. That is the third-largest lottery prize in U.S. history.

Political Spat over Climate Risks in Investments Gets Hotter

Political Spat over Climate Risks in Investments Gets Hotter

FINANCE | By Steve Karnowsky and Stanley Choe | Nov 2, 2022

The political fight is only getting fiercer over whether it's financially wise or "woke" folly to consider a company's impact on climate change, workers' rights and other issues when making investments.

The Gross Margin In Bitcoin — Explanation

The Gross Margin In Bitcoin — Explanation

FINANCE | Nov 1, 2022

The first thing to know about Bitcoin is that it has two parts: The Bitcoin protocol and the currency.

Powerball Prize Soars to $1.2B after no Winners Found Monday

Powerball Prize Soars to $1.2B after no Winners Found Monday

FINANCE | By Margery A. Beck | Nov 1, 2022

The lack of a winner means the next drawing Wednesday night will be for a massive $1.2 billion jackpot.

Powerball Grand Prize Climbs to $1B Without a Jackpot Winner

Powerball Grand Prize Climbs to $1B Without a Jackpot Winner

FINANCE | Oct 31, 2022

The Powerball jackpot keeps getting larger because players keep losing.

Does Obtaining Credit Cards Negatively Impact Your Credit?

Does Obtaining Credit Cards Negatively Impact Your Credit?

FINANCE | Oct 28, 2022

Many consumers are scared their credit scores might get damaged if they apply for a new credit card. Is it true?

8 Times You're Using the Wrong Credit Card

8 Times You're Using the Wrong Credit Card

FINANCE | By Jae Bratton, NerdWallet | Oct 27, 2022

While there may not be one best card for you — the average American has about three cards — there are many times a card can be wrong for a specific situation.

With Americans Feeling Pinched, Biden Targets 'Junk Fees'

With Americans Feeling Pinched, Biden Targets 'Junk Fees'

FINANCE | By Ken Sweet | Oct 27, 2022

With time running out before the election, President Joe Biden highlighted his administration's push to crack down on so-called junk fees that banks and other companies charge their customers.

Low-wage Workers Bear Financial Brunt of Denied Abortions

Low-wage Workers Bear Financial Brunt of Denied Abortions

FINANCE | By Anne D'Innocenzio and Alexandra Olson | Oct 27, 2022

For those struggling to make ends meet, finances are inevitably part of the decision of whether to go forward with a pregnancy. Now many of them will be thrust into a circumstance they can't afford.

Millennial Money: 7 Credit Card Moves to Stretch your Budget

Millennial Money: 7 Credit Card Moves to Stretch your Budget

FINANCE | By Melissa Lambarena, NerdWallet | Oct 26, 2022

As prices on goods and services soar, every bit of value squeezed from credit cards helps. Consider these seven tips to free up money for other goals.

Migrants Feel Inflation's Squeeze Twice — at Home and Abroad

Migrants Feel Inflation's Squeeze Twice — at Home and Abroad

FINANCE | By Aya Batrawy, Trisha Ahmed, Claudia Torrens, and Menelaos Hadjicostis | Oct 24, 2022

Inflation is global - but it's affecting people equally. For migrants with relatives relying on money they send back, higher prices are pinching families twice: at home and abroad.

Post-election Rally Unlikely Amid Fed Rate Outlook

Post-election Rally Unlikely Amid Fed Rate Outlook

FINANCE | By Alex Veiga | Oct 21, 2022

Whether the market can emerge from its deep slump after the election is likely to hinge on the Federal Reserve's efforts to cool inflation by aggressively raising interest rates.

Some Risks Too Big: Insurers Withdraw from Fossil Projects

Some Risks Too Big: Insurers Withdraw from Fossil Projects

FINANCE | Oct 19, 2022

Insurance companies that have long said they'll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners.

USDA Announces $1 Billion Debt Relief for 36,000 Farmers

USDA Announces $1 Billion Debt Relief for 36,000 Farmers

FINANCE | By David Pitt | Oct 19, 2022

The federal government announced Tuesday a program that will provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure.

Student Loan Forgiveness Application Website Goes Live

Student Loan Forgiveness Application Website Goes Live

FINANCE | By Collin Binkley and Seung Min Kim | Oct 18, 2022

President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program and announced that 8 million borrowers had already applied for loan relief.

Bitcoin's Future in Personal Finances

Bitcoin's Future in Personal Finances

FINANCE | Oct 17, 2022

Today, Bitcoin is serving millions of people across the world. What does the future look like for Bitcoin regarding personal finances?

Can You Achieve a Bitcoin Lifestyle?

Can You Achieve a Bitcoin Lifestyle?

FINANCE | Oct 17, 2022

Even if you don't have any experience in Bitcoin investment, you can still find help through the various available Bitcoin trading platforms.

Understanding Bitcoin in the Modern Financial Ecosystem

Understanding Bitcoin in the Modern Financial Ecosystem

FINANCE | Oct 17, 2022

Bitcoin has surpassed anyone's imagination regarding growth and popularity. Today, significant amounts of money have moved from the traditional financial system to Bitcoin and other cryptocurrencies.

8.7% Hike to Social Security Checks Won't Cut It, Some Fear

8.7% Hike to Social Security Checks Won't Cut It, Some Fear

FINANCE | By Amanda Seitz, Trisha Ahmed, Claire Savage, and Hannah Schoenbaum | Oct 14, 2022

The Social Security Administration announced Thursday that Social Security benefits will rise 8.7% in 2023. That amounts to about $140 a month on average.

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