Personal finance

For Washington Wizards professional basketball player Spencer Dinwiddie, investing in cryptocurrency is a layup. “I look at it as the birth of a new asset class,” Dinwiddie told CNBC’s Kelly Evans during Wednesday’s Your Money event. “How many times in history does that happen?” He went on to say that cryptocurrencies are a place where

A Social Security Administration office in San Francisco. Getty Images If you plan properly, you may be able to boost your Social Security retirement benefits. And newly redesigned benefit statements from the Social Security Administration may help you do exactly that. That goes for workers of all ages who contribute to the program — from

During the Covid pandemic, home prices have shot up nearly nationwide while household income fell. As a result, homeownership became out of reach for many would-be buyers. However, affordability was a growing problem well before 2020 and the start of the pandemic. In the last decade, the median home price rose roughly 30% and incomes

Douglas Sacha | Moment | Getty Images Thousands of Americans living abroad received stimulus checks during the Covid-19 pandemic, according to federal data. While that may sound incongruous with the notion of “stimulus” for the U.S. economy, lawmakers generally had a sound rationale for sending funds overseas, according to tax policy experts. “They are casting

skynesher | E+ | Getty Images It’s no secret that there is a gender pay gap in the U.S. Women earned just 84% of what men made in 2020, according to the Pew Research Center. Consequently, it would take female workers an extra 42 days to make the same income men did that year. Now,

MoMo Productions | DigitalVision | Getty Images Scammers are using the child tax credit to try to steal from unsuspecting Americans, according to the Federal Trade Commission. Often, these criminals perpetuate a type of “government impersonator” scam. They contact people by phone, text, e-mail and social media, pretending to be IRS agents and directing victims

sturti | E+ | Getty Images If you hope to land a new job, you’ll want to make sure your resume catches the eyes of recruiters. The first thing you should do is shift your mindset, said certified professional career coach Matt Glodz, founder of Chicago-based executive resume writing firm Resume Pilots. “Stop thinking so

Pedestrians carrying shopping bags wait to cross a street in the SoHo neighborhood of New York on Oct. 24, 2021. Bloomberg | Bloomberg | Getty Images Most Americans say they don’t intend to spend more than last year this holiday season – yet that doesn’t mean they won’t go into debt. A survey from CreditCards.com

Rep. Josh Gottheimer (D-NJ) (C) and Rep. Tom Reed (R-NY) (3rd R), co-chairs of the bipartisan Problem Solvers Caucus, hold a news conference with fellow members of Congress to highlight the need for bipartisan, bicameral COVID-19 relief legislation outside the U.S. Capitol on December 03, 2020 in Washington, DC. Chip Somodevilla | Getty Images House

MoMo Productions | Getty Images When the Covid-19 pandemic first erupted last year, Janel Abrahami quit a job she had been in for less than a year — without anything else lined up. To many, such a move may sound risky. The decision left Abrahami, who lives in the New York metro area, searching for

katleho Seisa More employees will have access to retirement savings through Betterment’s 401(k) plans, thanks to rapid growth the online wealth advisor has seen in that part of its business. The company’s 401(k) business, Betterment for Business, has seen seen a 370% increase in year-over-year retirement plan adoption. In 10 of the states that are

Amid the ongoing pandemic, many high schoolers are rethinking their future plans, and whether that will still include college. A recent survey of high school students found that the likelihood of attending a four-year school sank more than 20% in the last year and a half — down to 48%, from 71%, according to ECMC

peakSTOCK | iStock | Getty Images If Democratic lawmakers get their way, Medicare will start covering hearing services for the first time in the program’s history. The coverage, which would take effect in 2023, is included in Democrats’ proposed $1.85 trillion spending bill, dubbed the Build Back Better Act and aimed partly at strengthening the

MoMo Productions | DigitalVision | Getty Images Workers may funnel more money into 401(k) plans next year, according to the latest cost-of-living adjustment from the IRS.  The employee contribution limit for 401(k) plans is increasing to $20,500 in 2022, up from $19,500, and catch-up deposits for savers 50 and older will still be $6,500. The new amounts

New York, Chelsea apartments seen from the High Line park. pidjoe | iStock | Getty Images Months after the national ban on evictions expired, a number of states and cities have either kept in place or implemented their own policies to try to keep families in their homes. Despite heavy opposition by landlords, advocates say

skynesher | E+ | Getty Images Inflation is coming for your Thanksgiving feast. In September, the consumer price index — a basket of goods — rose 5.4% from a year ago, nearly hitting a 30-year high, according to data from the U.S. Bureau of Labor statistics. And under those headline numbers, food costs rose 4.6%,

Families, parents and caregivers call on Congress to include paid family and medical leave in the Build Back Better legislative package during an all-day Nov. 2, 2021 vigil in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Democrats and advocates for paid family leave were handed a victory in the fight for

dusanpetkovic | iStock | Getty Images Improvements to Medicare’s coverage could be on the horizon for the health insurance program’s 63.3 million beneficiaries. Under the latest version of congressional Democrats’ $1.75 trillion spending bill, the federal government would be permitted to negotiate the price of certain drugs with pharmaceutical companies, a move expected to result

Gov. Mike DeWine, Republican of Ohio, on the campaign trail in 2018. DeWine just signed mandatory personal finance education for high schoolers into state law. Kirk Irwin | Getty Images News | Getty Images Ohio Gov. Mike DeWine has signed a bill mandating all high-schoolers in the state take a half-credit, standalone personal finance course

andreswd | E+ | Getty Images Inflation keeps rising and doesn’t look like it will be coming down anytime soon. Consumer prices jumped in September, a 5.4% increase from September — nearly hitting a 30-year high. That means you’re paying more for energy and housing costs, as well as groceries and other goods. With the