IRS warns of tax refund email scam targeting college students and staff

The IRS issued a warning this week about an ongoing tax refund phishing scam targeting students and staff at colleges and universities who have a “.edu” email address.

Student loan payment pause extended to borrowers who have defaulted on private loans

The federal government has extended a pause on student loan payments to more than 1 million people who have defaulted on loans held by private lenders, aiding thousands who were at risk of having tax returns seized to pay the debts.

Stimulus checks: 21 Senate Democrats urge Biden to put recurring direct payments in infrastructure plan

A group of Democratic senators is urging President Joe Biden to extend rescue measures for Americans — including recurring direct payments and extended jobless benefits — in his “Build Back Better” legislation.

Student loan forgiveness: Department of Education cancels debt for more than 40,000 with disabilities

The U.S. Education Department is temporarily relaxing the rules of a student loan forgiveness program that's meant to help people with disabilities but that critics say carries overly burdensome rules.

Disney Plus increases subscription price for first time in US

In its first price hike since its debut, Disney Plus is upping the cost of its monthly subscription service, which surpassed 100 million subscribers this month.

Unemployment claims fall to 684,000, fewest since start of pandemic

The number of people seeking unemployment benefits fell sharply last week to 684,000, the fewest since the pandemic erupted a year ago and a sign the economy is improving.

Man recovers $1M lottery ticket after losing it in parking lot

A man couldn't believe his luck when he looked down and saw he matched every number on a million-dollar ticket. His luck quickly changed when that ticket vanished.

Stimulus checks: IRS says next batch of payments will be disbursed in coming days

Officials from the IRS and U.S. Treasury said Monday the next batch of COVID-19 stimulus payments will start hitting bank accounts later this week. Mailed checks will start going out as well.

IRS will delay tax filing deadline until May 17

The IRS began sending out a new round of $1,400 checks to qualifying households over the weekend, in the midst of the current, truncated tax season that opened on Feb. 12.

IRS agrees to protect some stimulus checks from debt reductions

The IRS has agreed to not seize some Americans' stimulus check to offset outstanding federal tax debts, according to an agency watchdog.

Biden reportedly planning first major tax hike since 1993 in next economic package

The next spending initiative — which is expected to be even bigger, costing as much as $4 trillion — won't rely on just government debt as a funding source.

$1,400 stimulus checks could hit bank accounts as soon as this weekend, White House says

White House Press secretary Jen Psaki said most Americans can expect to start seeing direct deposits from the recent COVID-19 relief package as early as this weekend. 

Layoffs ease as unemployment claims drop to 712,000

The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.

How will the COVID-19 relief bill benefit Americans? Financial planner weighs in

By now, you’ve heard that under President Joe Biden's American Rescue Plan adults earning less than $80,000 a year will soon receive a $1,400 stimulus check.