6 things to know about the new Child Tax Credit
When the American Rescue Plan became law in March, the focus was on immediate relief that came in the form of $1,400 stimulus checks and supplemental federal unemployment benefits of...
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The state of the US economy halfway into 2021
Midyear is the perfect time to catch our collective breath and take stock of where the economy is — and could be heading. Welcome to Intermission 2021. Economy (PM Images/Getty...
Memes, SPACs and NFTs: Financial buzzwords and what’s in store for the rest of the year
The first quarter of 2021 was a crash course in financial buzzwords. What's in store for the rest of the year? Meme stock Meme is defined as "an amusing or...
‘Shecession’: Women work more, earn less
A year of COVID-19 has devastated the US labor market. Despite recouping more than half of the 22 million jobs that vanished during the past twelve months—and a better-than-expected February...
Are stimulus checks taxable? 5 things to keep in mind when filling out your 2020 income taxes
Tax filing season for calendar year 2020 opened February 12, a few weeks later than usual. Unlike last year, when the deadline to file and pay any tax owed was...
Jill On Money: Is irrational exuberance back?
Nearly 25 years ago, then Federal Reserve Chairman Alan Greenspan asked, "How do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and...
Jill On Money: Should the government help home buyers now?
After President Biden signed executive orders addressing the pandemic itself and its financial fallout, he is reportedly looking at other ways to boost the economy and help Americans. One idea...
Jill On Money: Biden stimulus could make 2021 even stronger
Days before his inauguration, President-Elect Biden outlined a $1.9 trillion stimulus proposal. The "American Rescue Plan" is a starting point for negotiations with Congress, but the plan would include $350...
Jill On Money: Why did stocks rise amid all the chaos in Washington?
In a five-day period that saw the Senate flip to Democrats, chaos on Capitol Hill after a scary insurrection, discussions of a second impeachment of President Donald Trump or invocation...
Why emergency savings is the financial resolution you should be prioritizing in 2021
As we attempt to put the dumpster fire of the year known as 2020 in the rear view mirror, it's time for the annual ritual of making — and more...