Money

The IRS and the Treasury Department say Americans will start receiving their economic impact checks in the next three weeks. The payments are part of the $2.2 trillion rescue package signed into law last week by President Donald Trump aimed at combating the economic ravages of the coronavirus outbreak. Most people don’t need to do anything to […]

WASHINGTON (AP) — The Senate late Wednesday passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic. LIKE US ON FACEBOOK. FOLLOW US ON INSTAGRAM & TWITTER. SUBSCRIBE TO OUR YOUTUBE. The unanimous vote came despite misgivings on both sides about whether it goes too far or not […]

With everything going on presently, including people losing their jobs because businesses, like restaurants for instance, have been forced to close to quell the spread of the coronavirus, many are thinking about how to hold onto their money and how they will pay their bills during such an uncertain time. Any other concerns, at this point, […]

SACRAMENTO, Calif. (AP) — Five of the nation’s largest banks have agreed to temporarily suspend residential mortgage payments for people affected by the coronavirus, California Gov. Gavin Newsom said Wednesday. LIKE US ON FACEBOOK. FOLLOW US ON INSTAGRAM & TWITTER. SUBSCRIBE TO OUR YOUTUBE. The announcement came as Newsom provided yet another grim statistic about the economic devastation from the […]

WASHINGTON (AP) — Senate Majority Leader Mitch McConnell unveiled a sweeping economic rescue plan Thursday to pump $1,200 direct checks to taxpayers, $300 billion for small businesses to keep idled workers on payroll and $208 billion in loans to airlines and other industries. LIKE US ON FACEBOOK. FOLLOW US ON INSTAGRAM & TWITTER. SUBSCRIBE TO OUR YOUTUBE. It’s the initial […]

WASHINGTON (AP) — By a sweeping bipartisan tally, the Senate on Wednesday sent President Donald Trump a $100 billion-plus bill to boost testing for the coronavirus and guarantee paid sick leave for millions of workers hit by it. But lawmakers and the White House had already turned their focus to the administration’s far bigger $1 […]

Millions of Americans holed up at home against the coronavirus Monday, with many of them thrown out of work until further notice, as authorities tightened the epic clampdown and the list of businesses forced to close across the U.S. extended to restaurants, bars, gyms and casinos. LIKE US ON FACEBOOK. FOLLOW US ON INSTAGRAM & TWITTER. SUBSCRIBE TO OUR YOUTUBE. […]

NEW YORK (AP) — The deepening coronavirus crisis sent stocks into another alarming slide Thursday, extending a sell-off that has wiped out most of the big run-up on Wall Street since President Donald Trump’s inauguration. LIKE US ON FACEBOOK. FOLLOW US ON INSTAGRAM & TWITTER. SUBSCRIBE TO OUR YOUTUBE. The Dow Jones Industrial Average plummeted more than 2,250 points, or […]

Stocks took their worst one-day beating on Wall Street since the global financial crisis of 2008 as a collapse in oil prices Monday combined with mounting alarm over what the coronavirus could do to the world economy. The staggering losses, including a 7.8% tumble in the Dow Jones Industrial Average, immediately raised fears that a […]

Akon has finalized an agreement for the establishment of his own city in Senegal, called Akon City. The singer/entrepreneur shared a photo on Instagram from the deal-finalizing moment, and he captioned the image, “looking forward to hosting you there in the future” — see the pic below. SIGN UP FOR OUR NEWSLETTER:  We previously reported… last […]

Check the calendar. No, this isn’t a dream. It really is December, and Christmas Day is staring you straight in the face. And if you celebrate Hanukkah, it’s coming even sooner. Where did the holiday season go? Well, no time to reminisce now. It’s down to the wire, but there are still methods to save money on […]

As the TJMS comes to an end, so does Mellody Hobson’s Money Mondays column. Today’s column will be the last. Many thanks to Mellody for helping our listeners over the years make their very best financial decisions with her tips, pointers and advice. Here are 5 of her top tips that should help you live […]