Finance

New York Gov. Andrew Cuomo announcing updates on the spread of the coronavirus during a news conference at the state Capitol. Albany, New York, March 15, 2020. Photo credit: Hans Pennink / Shutterstock.com, licensed. QUEENS VILLAGE, NY…

The penalties, based on patients who stayed in the hospitals anytime between mid-2017 and 2019, before the pandemic, are not related to covid-19. They were levied under a program created by the Affordable Care Act that uses the threat of…

Last week, Tesla bought $1.5 billion worth of Bitcoin and, further, that it was aiming to allow customers to use the cryptocurrency to buy its cars. Bitcoin, already the hottest investment of the past two years, leapt an additional 14% to…

Tom Cotton (R-AR) and Senators Mitt Romney (R-UT) have announced a separate bill that would not only increase minimum wage, but contain extra provisions barring employers from hiring illegal immigrant workers as well, reports say.…

Herb Washington made headlines as a champion sprinter, helped win a World Series and went down in the record books by building the largest Black-owned McDonald’s franchise operation in the U.St. Herb is shown in a 2002 feature story with…

WASHINGTON, D.C. - According to reports, the federal budget deficit in the current fiscal year is expected to hit $2.3 trillion, or 10.3 percent of gross domestic product (GDP). This will cause the government’s debt to exceed the size…

NEW YORK, NY - Personal finance advisor, radio show host, author, and businessman Dave Ramsey raised some eyebrows during a recent Fox News interview when he stated that individuals who are relying on stimulus checks from the…

Robert L. Bixby is executive director of The Concord Coalition, a nonpartisan organization that encourages fiscal responsibility in Washington and helps educate the public about the federal budget and the need to protect our children and…

Wall Street's big bets against GameStop went sour when Reddit traders bet on the company's success instead. Now, billions of dollars are on the line. Editorial credit: Hanson-Leung / Shutterstock.com, licensed. COLUMBIA, MO - Taking…

Rep. Alexandria Ocasio-Cortez (D-NY) has been an especially outspoken proponent of student loan forgiveness, and recently said during an Instagram Q&A that if Biden needs to have a fire lit under his feet to get it done, than she was…

Business magnate, industrial designer and engineer, Elon Musk, said conventional finance people are on the verge of broadly accepting cryptocurrency, and said he wished he had invested in it sooner. Editorial credit: John Smith Williams /…

WASHINGTON, D.C. - A new paper jointly released by The Concord Coalition and the Global Aging Institute (GAI) identifies five goals that should be high priorities for policymakers as we confront the long-term challenges created by the…

Rep. Ilhan Omar (D-MN) takes to the stage and waves to the crowd at the 2019 Youth Climate Strike in Washington D.C., March 15, 2019. Editorial credit: Paris Malone / Shutterstock.com, licensed. WASHINGTON, D.C. According to reports,…

To date, approximately 16 million people have relocated from urban areas to other places of the country, with New York City considered the number one place to get away from in terms of high cost of living and taxes. Photo credit…

If a small business has to pay double its government mandated payroll tax, they'll either not hire a worker, operate with less, raise their prices, or go out of business. All negative outcomes. Photo credit ShutterStock.com, licensed. …

WASHINGTON, D.C. - On Thursday, President-Elect Joe Biden unveiled a $1.9 Trillion care proposal to help combat the economic effects of the ongoing COVID-19 pandemic, and among the provisions in that package – such as…

WASHINGTON, DC - The IMF will remain committed to help members secure a durable exit from the COVID-19 crisis, minimize its long-term scarring, and build forward a stronger, fairer, and greener economy spokesman Gerry Rice told…

The reasoning for the drop, according to experts, is based on a strong dollar and political uncertainty surrounding the United States and the possible impeachment of President Donald Trump by Congress this week. Photo credit…

There is a reason pro athletes and actors have agents – because they get more money and better terms when they hire someone to negotiate for them. Likewise, you simply won’t get as much value for your business trying to sell it…

According to the Democrats, we need to “punish” those who have accumulated financial independence by over taxing them to make up for the governments malfeasance in running their financial affairs. Editorial credit: Michael Candelori /…

A Nasdaq headquarters on Times Square, New York City. Market Site is epicenter for Nasdaq and it is located on New York City`s Times Square. New York City, May 27 2017, Editorial credit: Goran Vrhovac / Shutterstock.com, licensed. BOCA…

As Sir Winston Churchill once said, “You Don't Make the Poor Rich by Making the Rich Poor”. Words that must take precedence in the halls of government, or we will be seeing more cities and states going bankrupt. Photo credit…

Due to robust increases in median housing prices and required changes to FHA’s floor and ceiling limits, which are tied to the Federal Housing Finance Agency (FHFA)’s increase in the conventional mortgage loan limit for 2021, the maximum…

Andrea LaRew’s employer does not offer a traditional health plan, but it does provide $100 a month to pay for a plan she purchases on her own. That money comes under an individual coverage health reimbursement arrangement, established…

When Sam Bloechl was diagnosed with stage 4 non-Hodgkin’s lymphoma, he and his wife, Megan Bloechl, learned his insurance plan wouldn’t pay for treatment. Instead of a comprehensive plan that complied with the ACA, he had purchased a…

WASHINGTON, D.C. - The IMF announced today in a press briefing that a small team from the Argentine Economy Ministry is planning a visit to Washington this week and that the discussions between the IMF and the Argentinian authorities…

Andrew Schenker (left) stands with his daughter, Kaily Schenker; wife, Lauren Cooper; and son, Julian Schenker. Andrew received a letter saying he was at risk of losing financial assistance for the bronze-level plan he shares with his wife…

Nevada tenants have reported they continue to be evicted from their residences despite having government-funded rental assistance pending, but not yet approved and delivered. While federal residential eviction moratoriums would…

State lawmakers had voted in 2019 to increase New York Governor Andrew Cuomo’s then-salary of $200,000 to $250,000 by 2021 by way of $25,000 annual increments; he has already received his 2020 raise, currently putting his take-home pay at…