Changes to FICO credit score calculations could make it harder to get a loan: report
FICO, the most widely-used credit score in the United States, is changing the way it calculates consumers' scores and that could make it more difficult for some Americans to get a loan.
25 states raising the minimum wage come Jan. 1, 2020
More than 20 states will be raising the minimum wage to as much as $15 an hour come Jan. 1, 2020.
Signed ‘Harry Potter’ book bought for a penny to be auctioned off for as much as $2,700
A first-edition "Harry Potter and the Chamber of Secrets" book that was signed by J.K. Rowling and purchased for only a penny could be auctioned off for as much as $2,700.
61 percent of Americans dread the holidays because of spending, survey suggests
Most Americans dread the holidays due to spending, according to a new survey.
To be happy in DC, you need an annual salary of $183,000: survey
If you want to know how much money you need to make to be happy living in the District, the simple answer is “a lot.”
Husbands stress more if their wives earn 50 percent or more of household income: study
A recent study found that married men stress out more when their wives earn 50 percent or more of the household income.
Report: DC is the worst state at managing money, Maryland falls in second place
According to a new report, these are best and worst states at managing money.
Some college graduates would give up coffee, shave head, spend week in jail to erase student loan debt, survey finds
A majority of college graduates with student loans said they would shave their head if the debt could be erased, according to a new survey, and some others said they would consider giving up coffee and even spending a week in jail.
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.
Capital One technical issue prevents customers from accessing direct deposits, accounts
The company confirmed the issue in a tweet, stating that it was working to resolve the issue.
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.
Millennials will need to save at least 40 percent of their paychecks for retirement, financial expert says
Millennials who want to live off even half of their final salaries in retirement will need to save 40 percent of their paychecks over the next 30 years, according to an economics expert.
PayPal suspends donation account linked to Ku Klux Klan
A PayPal account linked to the Ku Klux Klan was suspended by the fundraising company after a screenshot of the page gained traction on Twitter.
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 ‘Friends’ superfan could earn $1,000 just to binge 25 hours of hit show
Telecommunications company Frontier is offering one lucky superfan a “dream job” to binge 25 hours of "Friends" and earn $1,000 in honor of the upcoming 25-year anniversary.
Dollar General offers 8 weeks maternity leave, adoption assistance
Dollar General announced Thursday it will offer new parental leave and adoption assistance benefits to all eligible full- and part-time employees.
Pizza Hut hiring 14,000 new delivery drivers
Looking for some extra dough this summer? Pizza Hut is hiring 14,000 new delivery drivers for both full and part-time positions.
Tax Day 2016 Freebies
This year, most of us get three extra days to file our federal income tax. Since Emancipation Day falls on April 15, Tax Day 2016 has been pushed back to April 18, except if you live in Massachusetts and Maine where you’ll be celebrating Patriots’ Day that Monday; you have until Tuesday, April 19 to file.
The IRS will never call to verify your tax return
The IRS is getting new reports of people calling and pretending they are verifying your tax return information over the phone. The scam artist then gets personal information like Social Security numbers, as well as bank and credit card account numbers.