Study suggests money can buy happiness — perhaps more than previously thought

The Wharton School study found there was no dollar value at which money stopped mattering to a person’s well-being, contrary to influential research that found happiness plateaued around $75,000 a year.

Detroit public transit fares resume March 15

The Detroit Department of Transportation has resumed collecting bus fares and selling Dart passes to people. The city has put permanent barriers on public transit to keep drivers safe.

IRS warns anew of 2021 tax scammers: 'very active and very creative'

By stealing client data and tax preparers' identities, the scammers can file fraudulent tax returns for refunds, the IRS said.

CEO defends Robinhood at House committee hearing over GameStop saga

The House Financial Services Committee is holding a hearing Thursday following January’s GameStop saga during which shares soared 1,600% before falling back to Earth.

AOC pushes back after Biden dismisses progressives' plan to cancel $50,000 in student loan debt

Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt, saying the president's arguments against acting unilaterally on the matter "just don't hold water."

Biden extends mortgage relief, ban on home foreclosures through June 2021

Certain mortgage protections that were put in place amid the pandemic, and were set to expire next month, have been extended through June.

Stimulus benefits and your 2020 taxes: What to know

Tax season is right around the corner and many filers may have some different questions about their returns on the heels of an unprecedented year.

New bill would overturn Michigan lottery rule, allow winners to collect money anonymously

A state House Representative wants to make it legal for lottery winners to claim their cash prizes anonymously. Michigan is among a handful of states that requires the disclosure of one's personal identity.

2021 tax filing season fast facts

Tax season officially began on Friday and it is shaping up to be another hectic year for taxpayers, preparers and the IRS.

Did you get the right stimulus check amount? Why you need to know before filing your tax return

Americans who have not received their coronavirus stimulus check payments, or who received the incorrect amount, have an opportunity to claim the missing money now that the 2020 tax season is officially underway.

Pandemic vices are putting more consumers in debt: 'It's 100% instant gratification'

Alcohol, cigarettes, adult entertainment and lottery tickets are just some of the items 70% of Americans are splurging on during the pandemic, a new survey from financial services company MagnifyMoney suggests.