73 percent of Americans still haven’t bounced back financially from the COVID-19 pandemic
Americans struggle to meet basic costs, with 73% reporting they haven't yet recovered financially from the fallout of COVID-19.
Child tax credit expansion part of bipartisan $78B deal proposed in Congress
In a bipartisan effort, senior Congress lawmakers have unveiled a $78 billion tax deal aimed at expanding child tax credits and providing tax breaks for businesses.
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The 2024 tax season gets officially underway at the end of January and some taxpayers could see tax penalties waived, the IRS said.
This is the best time to give money to your kids, according to ‘Die with Zero’ author Bill Perkins
"Die With Zero" author Bill Perkins weighs in on sharing money with your kids while maintaining a comfortable lifestyle.
The world could get its first trillionaire within 10 years
By contrast, Oxfam says nearly 5 billion people have been made poorer since the pandemic, with many of the world's developing nations unable to provide the financial support that richer nations could during lockdowns.
Major bank announces elimination of 20,000 jobs after losses
Citigroup announced a net loss of $1.8 billion in the fourth quarter.
Gas prices stay low at the start of the new year: AAA
Gas prices fell slightly at the start of 2024 even as insurance premiums continue to rise.
New Kentucky bill could exempt diapers from state's sales tax
For weary parents rolling up their sleeves for diaper duty, a bill in Kentucky would deliver tax relief when purchasing a necessity that adds up to a big expense.
Student loan forgiveness: Some Americans will get loans canceled in February — here's who qualifies
The Biden administration will start canceling student loans for some borrowers next month as part of a new repayment plan that's taking effect ahead of schedule. Here's who is eligible.
Atlanta Fed president on inflation, slashing interest rates: ‘It’s not done ‘til it’s done’
The president of the Federal Reserve Bank of Atlanta told FOX 5 that he has reason to feel cautiously optimistic about the local economy heading into 2024.
Marietta City Schools to extend Kemp's retention bonus to all eligible staff
Marietta City Schools announced an extension to Gov. Kemp's retention bonus for educators. It's expected to cost the district hundreds of thousands of dollars.
Nearly 70 percent of Americans are reviewing their insurance policy, looking for lower rates: Trusted Choice
70% of Americans are reviewing their policies to save money as homeowners and auto insurance rates skyrocket.
Got student loan debt? Here’s how to get up to $2500 tax deduction
According to the IRS, you may be able to deduct a portion of student loan interest from your taxable income — up to $2,500. Find out if you qualify.
New FAFSA reveal comes with complications, delays
The Department of Education began its soft launch of the overhauled 2024-25 Free Application for Federal Student Aid (FAFSA). The 2024-2025 FAFSA form expands eligibility for federal student aid, including Pell Grants, and provides a streamlined user experience.
When will the IRS start accepting tax returns in 2024? When you can file, other things to know
Americans can soon begin filing their 2023 tax returns. Here are some changes to know as taxpayers begin the process.
$44.5 million in federal funding going toward rural communities to improve higher education access
Due to fewer students in rural communities attending college, the Biden-Harris administration plans to send $44.5 million in funding to 22 rural institutions.
Seniors say 2024 Social Security payment increase not enough to keep up with inflation: survey
As seniors deal with rising inflation, some consider rejoining the workforce to deal with rising costs.
Major supermarket chain alerts customers to information breach after discovering skimmer devices
The breach involved the discovery of skimmer devices on PIN pads, potentially compromising customer payment card information. The tampered PIN pads were found between November 3 and November 9.
More Americans are racking up credit card debt
A new report shows that nearly half of Americans have carried credit card debt for more than a year.
Congressional leaders announce agreement on spending levels
Congressional leaders have reached an agreement on topline spending levels for the current fiscal year that could help avoid a partial government shutdown later this month.