IRS delays new tax-reporting rule on Venmo, PayPal payments over $600
The controversial reporting rule on payments over $600 will not go into effect this year.
The controversial reporting rule on payments over $600 will not go into effect this year.
Here's how much pay Americans say they'd need to start a new job
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
Senate passes $1.7T spending bill to fund government, aid Ukraine
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.
Treasury department delays electric vehicle tax credit changes
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
The Treasury Department has pushed the issuance of guidance for new electric vehicle tax credit rules from January to March as it continues to develop them.
Attorney: FTX founder Bankman-Fried agrees to extradition to US
A court hearing was stopped earlier in the day when his attorneys said it was premature for him to stand before the court.
A court hearing was stopped earlier in the day when his attorneys said it was premature for him to stand before the court.
Senate passes bill to fund government through Dec. 23, heads to Biden's desk
The Senate has passed legislation to fund the government for an additional week as lawmakers race to finish work on a full-year spending package before they head home for the holidays and a new Congress is sworn in.
The Senate has passed legislation to fund the government for an additional week as lawmakers race to finish work on a full-year spending package before they head home for the holidays and a new Congress is sworn in.
How Federal Reserve’s series of rate hikes could affect your finances
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
As interest rates increase, many economists say they fear a recession could happen — and with it, job losses that may cause hardship for households already badly impacted by inflation.
Buffalo Bills' Josh Allen helps Americans clear $10M of consumer debt
The consumer debt being forgiven translates to an average of $3,847 for 2,600 people.
The consumer debt being forgiven translates to an average of $3,847 for 2,600 people.
Nearly half of US workers hope to get promoted, a raise in 2023, survey shows
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
According to the survey, which polled 1,000 full-time U.S. employees in December, the majority of respondents (60%) felt somewhat valued or not at all valued at work.
US lawmakers announce 'framework' on bill to avoid government shutdown
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Congress faces a midnight Friday deadline to pass a spending bill to prevent a partial government shutdown.
Fed raises key interest rate by half a point, signals more to come
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
The latest move will further heighten the costs of many consumer and business loans and increases the risk of a recession.
How much should tipped workers make? Michigan court mulls minimum wage ruling
How much the minimum wage increases next year in Michigan hinges on a Court of Appeals decision. Depending on what the court rules, a big wage hike could be coming for tipped workers.
How much the minimum wage increases next year in Michigan hinges on a Court of Appeals decision. Depending on what the court rules, a big wage hike could be coming for tipped workers.
US alleges Bankman-Fried defrauded FTX cryptocurrency customers, investors
Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.
Samuel Bankman-Fried, 30, was arrested Monday in the Bahamas at the request of the U.S. government, which charged him with eight criminal violations.
US inflation slowed to 7.1% over past 12 months
This is the fifth straight month with a slowdown.
This is the fifth straight month with a slowdown.
GoFundMe reveals most generous states, cities in 2022
Do you live in a generous state or city? Here’s what GoFundMe says.
Do you live in a generous state or city? Here’s what GoFundMe says.
IRS outlines what you need to know to prepare for tax filing in 2023
The deadline to file your taxes is April 18, 2023, and the IRS is sharing updated information to help get you ready.
The deadline to file your taxes is April 18, 2023, and the IRS is sharing updated information to help get you ready.
Bankruptcy and student loans: why it's easier now to wipe out that debt
If you're struggling to pay bills and are considering bankruptcy, the Biden Administration has made it easier to get bankruptcy relief from your student loan debts.
If you're struggling to pay bills and are considering bankruptcy, the Biden Administration has made it easier to get bankruptcy relief from your student loan debts.
These US states are raising minimum wage in 2023, with 4 above $15
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
More than 20 states are raising their minimum wage next year, some adjusting for inflation and others to build their way up to the called-for $15 an hour.
Still missing your tax refund? The IRS will soon pay you 7% interest
Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.
Taxpayers still waiting to receive their 2021 tax refund will soon be paid 7% interest on the money by the IRS – but the money is taxable.
How much Michigan's minimum wage will increase on Jan. 1, 2023 - and why it could be more
Minimum wage workers in Michigan will see a raise in a couple of weeks - but it could go even higher in February.
Minimum wage workers in Michigan will see a raise in a couple of weeks - but it could go even higher in February.