On June 11, the Congressional Fintech Task Force held a hearing examining FedAccounts and a digital dollar as ways of expanding financial inclusion in the United States. Particularly in the aftermath of greatly delayed $1200 stimulus payments directly to U.S. citizens, the digital dollar has gotten much more attention. ARead More →
There is now a price tag on the tweet that ravaged the NBA’s business in China: hundreds of millions of dollars. Houston Rockets general manager’s Daryl Morey tweet in October supporting the protesters in Hong Kong enraged the Beijing government and resulted in an extraordinary standoff between the world’s mostRead More →
The Earned Income Tax Credit is designed to act as a cash infusion to low-income families. In fact, some experts have called it “one of the largest and most studied antipoverty programs in the United States.” And yet, far too many taxpayers aren’t aware of the credit, according to aRead More →
The Democratic-led House of Representatives on Friday voted 247-159 in favor of a bill that aims to crack down on “forever chemicals” that have been linked to a range of health problems. The PFAS Action Act, which targets per- and polyfluoroalkyl substances, could exact a toll on chemical giants likeRead More →
TGIF, MarketWatchers. Don’t miss these top stories: Personal Finance Here’s what you can do to help people who are homeless this holiday season (and what NOT to do) A global ‘Sleep Out’ on Saturday will raise awareness and funds to combat homelessness. There’s been a disturbing rise in cellphone injuriesRead More →
The Federal Reserve has never been more famous than it is today. It drew praise, and ire, for its handling of the financial crisis a decade ago, and the extraordinary measures it took subsequently to stimulate the U.S. economy have made it an important driver of financial markets. Meanwhile, PresidentRead More →
You’ve just paid off almost a quarter-million dollars in student loans after 10 years of hard work and personal tragedy. What are you gonna do next? Dance it out in a metallic purple jumpsuit, of course. That’s what Caitlin Boston, 35, is beginning to going viral for, after posting aRead More →
You’ve just paid off almost a quarter-million dollars in student loans after 10 years of hard work and personal tragedy. What are you gonna do next? Dance it out in a metallic purple jumpsuit, of course. That’s what Caitlin Boston, 35, is beginning to going viral for, after posting aRead More →
High-end sofas, tapestries, a mini-bar disguised as a desk and, of course, weepy parents: Jess Olsen routinely saw all of those (and more) in dorms on move-in day at Oregon State University. “Every year, you would see people show up with small U-Hauls and multiple cars full of stuff,” sheRead More →
Patty Angeles got the deal of a lifetime when she went shopping two years ago for secondhand furniture for her new apartment. The 25-year-old from Austin, Texas picked up almost-new shelves — and a fiancé. “We tell people we met on an app,” Angeles told MarketWatch. That’s true, but notRead More →
Happy Friday, MarketWatchers. Check out these top stories as we head into the weekend. Personal Finance 21 states to DeVos: Stop blocking our efforts to crack down on student-loan companies In a letter, nearly two dozen attorneys general argue a policy quietly implemented by the Department of Education is ‘harmingRead More →
Dear Moneyist, A friend of mine is getting married this summer. Over the past few years he has occasionally borrowed money and has been paying it back in small amounts regularly, but he still owes an amount in the low four figures. At this rate, it will be a fewRead More →
