Americans have $21B in unused gift cards and store credits
Although gift cards have topped holiday wish lists in recent years, half of U.S. adults currently have unredeemed gift cards or store credits that are estimated to be valued at $21 billion in untouched money, according to a new survey released on Tuesday from personal finance resource Bankrate. This whopping 10-figure number even includes airline redemption vouchers.
Growing number of Americans spend 30 percent or more of income on rent, Harvard report claims
A new study claimed that 20.8 million American renters spent 30 percent of their income on housing expenses such as rent and utilities in 2018
Your 401(k) may not be safe: More cybercriminals are targeting retirement accounts
Bank accounts are getting harder to hack, so cybercriminals are increasingly targeting retirement accounts, such as 401(k), and experts warn that there's no guarantee you'll get reimbursed after a hack.
Social Security changes in 2020
A new year often brings slight changes to some of America's most popular programs, and Social Security is no exception.
IRS releases updated income tax brackets for 2020
The IRS on Wednesday released the updated tax brackets for the 2020 filing season, which have been modified to keep pace with inflation.
The Good Word: Jason Howell, American University professor and author of ‘Joy of Financial Planning’
Certified Financial Planner Jason Howell joins Tisha Lewis on The Good Word podcast. Howell is the author of “Joy of Financial Planning” and a professor at American University.
Fed cuts rates a 3rd time this year but signals likely pause
The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it hinted that it won't likely cut again this year.
IRS warns of dangerous new email impersonation scam
The Internal Revenue Service and its Security Summit partners warned taxpayers Thursday of a new scam being perpetrated through emails purporting to be communications from the IRS.
Chase Bank forgives all outstanding credit card debt for Canadian customers
Canadians who owed money on their credit cards with Chase Bank have a little less debt on their plate after the company recently forgave all outstanding balances as it exited the Canadian credit card market.
One of Northern Virginia’s most popular zip codes feeling the impact of Amazon’s newest planned headquarters
One of Northern Virginia’s most popular zip codes continues to be high in demand when it comes to housing.