Stolen property, income from illegal activities must be reported on taxes, IRS says
If you made a profit through drug dealing, bribes or stolen property, the IRS says you have to list it on your income taxes.
If you made a profit through drug dealing, bribes or stolen property, the IRS says you have to list it on your income taxes.
US home prices surged nearly 19% in October as market continues to boom
U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.
U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.
Year-end tax tips: Ways to prepare, maximize refund, and more
2021 is coming to an end, which means it’s almost time to file your taxes. Here are some expert tips on ways to prepare and possibly maximize your refund.
2021 is coming to an end, which means it’s almost time to file your taxes. Here are some expert tips on ways to prepare and possibly maximize your refund.
Powerball jackpot climbs to $416 million ahead of Monday's drawing
The $416 million Powerball Jackpot, the game’s second most valuable grand prize of the year, is up for grabs again Monday night.
The $416 million Powerball Jackpot, the game’s second most valuable grand prize of the year, is up for grabs again Monday night.
Zelle scam: Police renew warning about money transfer app
Police have another warning about the ways scammers are using money transfer apps to target victims and their bank accounts.
Police have another warning about the ways scammers are using money transfer apps to target victims and their bank accounts.
US debt ceiling: Congress sends Biden $2.5T increase, avoiding default
Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.
Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.
Hobby Lobby raises minimum wage to $18.50 an hour
Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.
Hobby Lobby workers will be getting a raise to ring in the new year. The craft store chain announced it will raise its minimum full-time hourly wage to $18.50, effective January 1, 2022.
US jobless claims hit lowest level in 52 years amid seasonal volatility
U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.
U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.
Debt ceiling: House passes bill paving way for increase ahead of deadline
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.
North Carolina man mistakenly buys 2 identical lottery tickets, wins both $25K a year prizes
A North Carolina man made the mistake of his life after accidentally buying two identical lottery tickets. He won big — twice.
A North Carolina man made the mistake of his life after accidentally buying two identical lottery tickets. He won big — twice.
November jobs report: US employers added a sluggish 210,000 jobs
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
U.S. employers slowed the pace of their hiring in November, adding 210,000 jobs, as the economy contends with inflation and shortages.
US unemployment claims rise by 28,000, but still low at 222,000
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
U.S. unemployment claims climbed by 28,000 last week to 222,000, even though the U.S. job market has been rebounding from the coronavirus recession.
Powell says Federal Reserve may accelerate pullback in economic support
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Chair Jerome Powell said that the Federal Reserve will consider acting more quickly to dial back its ultra-low-interest rate policies to counter higher inflation.
Democrats push Biden to cancel student loans after House passes Build Back Better
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Progressive lawmakers are calling on President Biden to cancel student loan debt as some Americans have qualified for forgiveness under borrower defense, total and permanent disability (TPD) discharges and a limited PSLF waiver.
Restaurants charging added fees in attempt to rebound from COVID-19 pandemic
Restaurants in the DMV and across the country are still trying to recover from the impact of the COVID-19 pandemic and some are adding an extra fee onto customers' bills to try and make up for it.
Restaurants in the DMV and across the country are still trying to recover from the impact of the COVID-19 pandemic and some are adding an extra fee onto customers' bills to try and make up for it.
Federal Reserve: Omicron variant could make supply chain backlog, inflation worse
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring.
Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring.
Biden to discuss plans to alleviate supply chain woes, inflation ahead of holidays
Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.
Rising inflation is leading to price increases for millions around the world, forcing people to choose between digging deeper into their pockets or tightening their belts.
Retired housekeeper wins $50K in scratch-off lottery for 3rd time
A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.
A 61-year-old Maryland woman has won $50,000 in scratch-off lotteries for the third time since 2018. And the winning tickets all came from the same store.
Dollar Tree doubles down on pricing items over $1
Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.
Dollar Tree will charge $1.25 for the majority of its products across all of its locations nationwide by the end of April.
The risks of using buy now, pay later to finance holiday shopping on Black Friday
Buy now, pay later apps let you break up larger purchases into a short-term repayment schedule. But there are a few things you should know before you use them to finance holiday shopping.
Buy now, pay later apps let you break up larger purchases into a short-term repayment schedule. But there are a few things you should know before you use them to finance holiday shopping.