You Searched For "pandemic relief" and got 20 results
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4 mins read
A key phase in Biden's new student-loan forgiveness plan has wrapped up, bringing borrowers one step closer to relief. But pushback is brewing.
The public comment period for Biden's new student-loan forgiveness plan is over, meaning implementa…
Ayelet Sheffey
7 mins read
Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy
Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …
Juliana Kaplan
3 mins read
2 St. Louis residents are suing the city's basic-income program in an attempt to halt what they call 'unconstitutional' $500 monthly payments to low-income families
St. Louis is giving low-income families $500 monthly, but a lawsuit aims to block the guaranteed-ba…
Allie Kelly,Noah Sheidlower
3 mins read
South Africa's cash giveaway plan is not universal basic income, experts say
A South African program would pay too little money to too few people to qualify as universal basic …
Theron Mohamed
2 mins read
Thousands of student-loan borrowers got their debt wiped through a new repayment reform. 11 GOP states just filed a lawsuit to block that relief.
A group of GOP attorneys general filed a lawsuit to block Biden's SAVE income-driven repayment plan…
Ayelet Sheffey
5 mins read
We're on track for a soft economic landing, but it still feels like the economy stinks
After a scary few months of economic data that had investors fearing a recession and stagflation, t…
Dan DeFrancesco
3 mins read
New Mexico experimented with a basic income program that gave $500 a month to immigrant families. They used the money to pay rent and secure jobs.
New Mexico gave households with mixed citizenship status $500 a month for a year. Participants saw …
Allie Kelly
5 mins read
The economy's gone from strength to strength after the pandemic but no one quite knows why, or what comes next
The US economy just keeps defying doomsayers' warnings of a stock-market crash and recession. Here'…
Theron Mohamed
3 mins read
A year after a single mom stopped getting $500 a month through Chicago's basic income program, she's still holding down an apartment and making ends meet: 'It was every single thing that I prayed for.'
Chicago announced plans to relaunch its basic income program. A past participant shares how $500 a …
Allie Kelly
3 mins read
The Fed's first big move of 2024 isn't an interest rate cut but that relief could come soon
The Federal Reserve continued its pause on interest rate hikes on Wednesday, leaving the door open …
Ayelet Sheffey
4 mins read
Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down
Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning…
Ayelet Sheffey,Madison Hoff
2 mins read
It's time for the Fed to cut interest rates and bring relief to Americans who 'cannot afford to pay rent,' Elizabeth Warren says
Sen. Elizabeth Warren joined three of her colleagues in pushing for the Federal Reserve to "reverse…
Ayelet Sheffey
4 mins read
A boomer sold all of her belongings, retired early, and moved to Turkey and her expenses are so low that she's able to live 'totally' on her Social Security
"You don't need millions to retire," Debra Crockett said. She found out she could live comfortably …
Ayelet Sheffey
2 mins read
Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership
The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, mor…
Theron Mohamed
3 mins read
A Gen X mom makes $25,000 at Applebee's and can only afford one meal a day. She's one of many Americans who live paycheck to paycheck but don't qualify for government help.
Cherie Tobias, 48, can't afford groceries but doesn't qualify for government assistance.
Allie Kelly
3 mins read
The Fed's last big decision of 2023 could set Americans up for some relief next year
The Federal Reserve is expected to continue its pause on interest rate hikes this week as Americans…
Ayelet Sheffey,Madison Hoff
4 mins read
A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India
Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but rather, a…
Ayelet Sheffey
2 mins read
Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000
A new Gallup survey found that 71% of student-loan borrowers have put off key life events, includin…
Ayelet Sheffey
6 mins read
America's big cities are about to run out of money
Cities like Denver, Boston, New York, and San Francisco are facing budget crunches as tax revenues …
Emily Stewart
2 mins read
99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says
Within months, all but the top 1% of consumers will likely be doing worse than they were before COV…