Personal Finance

David Marcus, Head of Calibra at Facebook, testifies about Facebook’s proposed digital currency called Libra, during a Senate Banking, House and Urban Affairs Committee hearing on Capitol Hill in Washington, DC, July 16, 2019. Saul Loeb | AFP | Getty Images Lawmakers interrogated David Marcus, Facebook’s cryptocurrency chief, asking how the company will educate the
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A bipartisan bill that cleared the House last week would let first-time homebuyers pay a bit less at closing if they go through homeownership counseling. Called the Housing Financial Literacy Act, the measure would apply to first-time homebuyers who take out a mortgage backed by the Federal Housing Administration. Borrowers who go through the counseling
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It’s become one of the biggest shopping events of the year, yet some discounts are better than others. The 48-hour Amazon Prime Day extravaganza kicks off July 15, with more than 1 million deals for members, including intermittent “lightning deals.” For example, the Toshiba HD 43-inch Fire TV Edition Smart TV is now $179.99, a $120
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For identity thieves, kids are the perfect mark. While adults make prime targets for their account balances, a child’s information, particularly their Social Security number, has even more value to scammers because it is a “clean slate” for opening new lines of credit before someone catches on, according to the Identity Theft Resource Center. More
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The name Beyond Meat has been on investors’ lips since the company’s successful May initial public offering. But one investor in Beyond Meat, non-profit financial services firm ImpactAssets, bet on the company six years ago, long before the company became a household name. And that investment has helped boost the firm’s charitable assets. ImpactAssets’ initial
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Planning to reinvest those pesky required withdrawals from your individual retirement account or 401(k) plan because you don’t need the money? Under the Secure Act, a bill pending in Congress right now that aims to improve the nation’s retirement savings, you’d have to start taking withdrawals from your IRA (and most other retirement accounts) at
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