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Amid increasing partisan tensions, Treasury Secretary Janet Yellen said the department has started taking “additional extraordinary measures” to address the debt ceiling, which, if not raised or suspended, could lead to a federal government shutdown this fall. By Yaёl Bizouati-Kennedy See: Treasury Secretary Yellen Expects ‘Several More Months’ of Inflation Before DeclineFind: Your Age and Social Security Benefit Cuts — Here’s What You Can Expect The debt ceiling limits the total amount of money the United States government is authorized to borrow to meet its existing legal obligations, including Social Security and Medicare benefits, military salaries, interest on the national debt, tax refunds and other payments....

Cryptocurrencies, also known as digital currencies, have been all the rage over the last couple of years. Coins like bitcoin have skyrocketed in recent years, and financial institutions are starting to get on board. Two of the largest and most popular coins are ethereum and bitcoin. This article explores and compares both currencies and will help you understand the pros and cons of each so you can determine which one might be right for you....

Picking up a side gig can be a great way to make some more money and give some breathing room to your budget, particularly during inflationary times. But one thing that many workers overlook when it comes to their side gig income is the taxes they may have to pay. By John Csiszar Powerball Jackpot: Best and Worst States for Winners Check Out: 9 Costco Brand Items That Aren’t Worth the Money...

Inflation isn’t just hard on our wallets, it’s hard on our minds. By Nicole Spector According to new research from MyEListing.com, which analyzed the U.S Census Household Pulse Survey on the level of stress caused by inflation in the last two months (as of September), 47% of the country is very stressed about price increases, 28% is moderately stressed and 19% is a little stressed. Only 6% of the country is not stressed at all....

The IRS announced this week that it was going to make available a certain new amount of resources online to taxpayers. Through the launch of an improved identity verification and sign-on process, more people will be able to securely access and use IRS online tools and applications. By Georgina Tzanetos See: 401(k) Update: IRS announces COLA Increases & More For Retirement PlansFind: Social Security Schedule: When the First COLA Checks Will Arrive in January 2022...

The FBI says that more scammers are using deepfake technology to apply for remote tech jobs as of late. In a June 28 announcement via their Internet Crime Complaint Center (IC3), the FBI indicates that more companies have been reporting people using altered video, images or recordings to look like someone else when applying for jobs. By Josephine Nesbit See: 22 Side Gigs That Can Make You Richer Than a Full-Time Job Find: 8 Remote Jobs That Pay at Least $20 Per Hour...

Right now, you are the sole owner of your bank accounts. However, you’re thinking about opening a joint bank account with someone else. By Jennifer Taylor About Joint Bank Accounts Picking a Bank As a financially responsible person, you want to learn as much as possible about joint accounts before making a decision. Use this guide to help answer your questions about a shared bank account, so you can decide if opening one is the right move for you....

A bipartisan bill has been introduced to protect seniors enrolling in Medicare Part B after COBRA coverage expiration from potential coverage gaps and late enrollment penalties. By Yaёl Bizouati-Kennedy Social Security Schedule: When October 2022 Benefits Will Be SentDiscover: Can I Draw Social Security at 62 and Still Work Full Time? U.S. Representatives Lloyd Smucker (R-Penn.), Kurt Schrader (D-Ore.), Gus Bilirakis (R-Fla.), Mike Thompson (D-Calif.), Tim Walberg (R-Mich.), and Mikie Sherrill (D-N....

The Supplemental Nutrition Assistance Program, previously known as food stamps, is a nationwide federal program administered by individual state agencies. In the state of Mississippi, SNAP is administered by the Mississippi Department of Human Services. By Josephine Nesbit See: SNAP Benefits Available in Your State in 2022Explore: 10 Things Most Americans Don’t Know About SNAP SNAP provides monthly benefits to eligible low-income families and individuals. SNAP benefits are loaded onto an Electronic Benefits Transfer (EBT) card each month, which can be used just like a credit or debit card at the point of sale....

Most of America’s Bitcoin miners are based in New York, Kentucky, Georgia and Texas, according to new data. According to Foundry USA, 19.9% of bitcoin’s U.S. hashrate — the collective computing power of miners — is in New York. Meanwhile, 18.7% is in Kentucky, 17.3% is in Georgia, and 14% is in Texas. All in all, the U.S. represents the biggest mining pool in North America and the fifth-largest globally....

Food delivery from our favorite restaurants became a way of life during the height of the pandemic and remained one of the better things about a challenging year. But this perk may be going away as a result of labor shortages and a return to on-site dining, the Wall Street Journal reported. By Dawn Allcot In order to keep up with more profitable sales from dine-in customers, many restaurants are shutting down delivery and online sales during peak periods, such as evenings and weekends, or at times when the location is short staffed....

One of the perks of hitting the half-century mark is that you suddenly enter the world of senior discounts — without really being a senior. Even better, people who turn 50 are typically in their peak earning years, which means discounts arrive just as you are raking in the most income. By Vance Cariaga See: The Best Cities With Great Weather To Retire on $3,000 a MonthFind: 10 Reasons You Should Claim Social Security Early...

If you’re in the market for a car and your credit history is shaky or worse, you’ll see plenty of dealerships with signs proclaiming “no credit, no problem,” “buy here, pay here,” “no credit check,” or “we welcome bad credit.” By Andrew Lisa Learn: Surprising Things You Can Buy With Food StampsSee Why: This Credit Score Mistake Could Be Costing Millions of Americans It’s no secret that traditional lenders like banks, credit unions and the financing arms of car dealerships charge higher interest rates to low-credit borrowers....

2020 was a great year for IPOs, despite the economic upheaval brought about by the pandemic. However, things started looking even better in 2021, allowing IPOs to surge. By Scott Jeffries About Starlink What Starlink Provides How Starlink Makes Money How It Stands Out How To Buy Starlink, currently being operated by SpaceX, it’s still not available to the public. However, Gwynne Shotwell, President of SpaceX, said last year that Starlink could potentially present an initial public offering....

The most popular majors aren’t always the most lucrative. This doesn’t mean they’re not worth pursuing, but it might be a surprise to some how much the starting salaries are for the fields students are most likely to choose. By Sam DiSalvo Business and Management Nursing Psychology Biology Engineering Education Communications Accounting Finance Criminal Justice Here are the most popular bachelor’s degrees, according to Niche, and how much someone just starting out can expect to bring home on average....

As fears of a recession grow and layoffs and hiring freezes becoming more prevalent across every sector of the economy, it’s no wonder many Americans might worry about losing their jobs. By Yaёl Bizouati-Kennedy Explore: Giving Inflation ‘Time To Be Flexible’ Is in Everyone’s Best Interest — Why Recession Is WorseLooking To Diversify in a Bear Market? Consider These 6 Alternative Investments Inflation and volatile markets have triggered a slew of layoffs at several companies....

US Bank Altitude Go Visa Signature Card Overview By Daria Uhlig Overview Key Features How It Stands Out Comparable Options How To Apply Who It’s Best For Final Take Rewards 4.7 Pros There’s no annual fee. $1,000 in purchases within the first 90 days earn 20,000 bonus points worth $200. Dining out, restaurant delivery and takeout earn 4x points. There are no foreign transaction fees on purchases you make outside the U....

There has been a surge in cryptocurrency donation campaigns for Ukraine since the start of the invasion, with funds raised totaling more than $135.7 million dollars between February 22 and March 28 alone, a new report by blockchain intelligence company TRM Labs found. The company identified some fundraising campaigns using new approaches to raise funds, but also dozens of scams. By Yaёl Bizouati-Kennedy See: Airbnb Waiving Fees for Rentals Booked To Support Ukraine, but Are There Risks To Donating This Way?...

Thirty percent of workers under 40 believe they can live on just 60% of their pre-retirement income, according to the recent Goldman Sachs Retirement Survey & Insights Report. GenX had a somewhat more realistic view of their post-retirement needs, saying they expected to need roughly 80% of their current salary to live. Even so, workers across generations cited “leaving a steady paycheck” as their biggest concern about retirement. By Dawn Allcot See: What a Comfortable Retirement Will Cost You in Each State Find: Jaw-Dropping Stats About the State of Retirement in America...

By Christian Long Virgin Galactic Blue Origin SpaceX Russia While the road to these milestones was marked by several missteps, including government lawsuits, misguided expectations and a few failed launches, the year set several new high-water marks that will likely change our perception of space from now on. Here’s a look at how the Big Three of space tourism each fared this year. More From Your Money: Choose a high-interest saving, checking, CD, or investing account from our list of top banks to start saving today....