Personal finance

Richard Behar Courtesy: Lizzie Cohen You probably haven’t heard Bernie Madoff’s name in awhile, but that doesn’t mean the infamous fraudster’s story is over, or the pain he inflicted. Irving Picard, an 83-old court-appointed trustee, still spends his days trying to claw back money from the those who benefitted from Madoff’s Ponzi scheme, and to
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We Are | Digitalvision | Getty Images Federal student loan payments are on pause for millions of borrowers while the Biden administration defends its new relief program in court. Here’s what to know. Who doesn’t have to make payments? The U.S. Department of Education is placing federal student loan borrowers enrolled in the Biden administration’s
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US Vice President and Democratic Presidential candidate Kamala Harris delivers keynote speech at Zeta Phi Beta Sorority, Inc.’s Grand Boulé event at the Indiana Convention Center in Indianapolis, Indiana, on July 24, 2024.  Brendan Smialowski | AFP | Getty Images Financial experts describe Vice President Kamala Harris’ investment style in one word: Boring. For a
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Martin-dm | E+ | Getty Images The IRS has finalized rules on required withdrawals for certain inherited individual retirement accounts and other plans. But heirs could owe more taxes later by only taking minimums now, experts say. In final regulations last week, the agency confirmed most non-spouse beneficiaries have 10 years after the original owner’s
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Republican presidential nominee and former U.S. President Donald Trump applauds on Day 2 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 16, 2024. Elizabeth Frantz | Reuters As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan
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Travelers wait in line at a Delta Airlines counter at Ronald Reagan National Airport in Arlington, Virginia, on July 19, 2024. Airlines around the world experienced disruption on an unprecedented scale after a widespread global computer outage grounded planes and created chaos at airports. Ting Shen/Bloomberg via Getty Images Major airlines like United, Delta and
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