Cavan Images | Cavan | Getty Images “Financial sextortion,” a type of cybercrime that targets teens and tweens, is on the rise. Reports of financially motivated sextortion involving minors increased at least 20% from October 2022 to March 2023 relative to the same six-month period the prior year, the FBI said in January. “Sextortion is
Personal finance
U.S. President Joe Biden speaks to United Auto Workers members at the UAW’s Community Action Program legislative conference in Washington, D.C., on Jan. 24, 2024. Leah Millis | Reuters The Biden administration announced on Wednesday that it will try to deliver student loan forgiveness to borrowers experiencing financial hardship. After the Supreme Court struck down
Travelcouples | Moment | Getty Images Jan. 30 is National Plan for Vacation Day — and travelers mapping out their next excursion have a few reliable money-saving hacks at their disposal. Total travel costs — including airfare, hotels, rental cars, dining out and entertainment — are down an average 2% in the past year, according
Maskot | Digitalvision | Getty Images Workers are sour on the job market — but that pessimism may be somewhat misplaced. The Glassdoor Employee Confidence Index in January fell to its lowest level since 2016, when the career site began tracking the metric, it said Monday. The index measures how workers feel about their employer’s
Fotostorm | E+ | Getty Images Millions of American workers are paying for early access to their paychecks. In some cases, it can come with a steep price. So-called “earned wage access” programs, which operate either directly to the consumer or through employers, let workers tap a portion of their wages before payday, often for
By many measures, Generation Z is doing well. Compared with their parents at this age, young adults are more likely to have a college degree and work full time — particularly women, who are not only achieving increasing levels of education but also earning more. However, Gen Z adults are also less likely to own a
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at the UK Global Investment Summit at Hampton Court Palace in London, UK, on Monday, Nov. 27, 2023. Chris Ratcliffe | Bloomberg | Getty Images When filing tax returns this season, low- to middle-income families may have money coming back to them, thanks to the
Ascentxmedia | E+ | Getty Images High inflation has prompted even well-to-do Americans to rethink their spending habits. But one group — affluent millennials — are more likely to lie or exaggerate their finances to appear financially successful, according to a recent survey from Wells Fargo. That goes for 34% of affluent millennials versus just
U.S. Treasury Secretary Janet Yellen speaks at the International Brotherhood of Electrical Workers 357 union hall in Las Vegas on Aug. 14, 2023. Ronda Churchill | Bloomberg | Getty Images With the opening of tax season only days away, the IRS has unveiled a plan to simplify the millions of complicated notices sent to taxpayers
In this article INTU Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images As the opening of tax season approaches, the Federal Trade Commission has cracked down on “deceptive advertising” from Intuit, maker of tax filing software TurboTax. The FTC on Monday upheld a September ruling that found Intuit violated federal
People walk through the Financial District by the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. Spencer Platt | Getty Images The S&P 500 stock index climbed to a new all-time high on Monday. A bull market — by two definitions
D3sign | Moment | Getty Images Federal student loan bills resumed in the fall after a pause of more than three years. Borrowers should monitor how that financial change affects their credit, experts say. Here’s what to know. On-ramp period should protect your credit Generally, failing to make timely payments on debts, including your student