Powerball jackpot winning ticket worth $731.1 Million sold in Maryland

A single Powerball ticket sold in Maryland is the winner of an estimated $731.1 million jackpot, the first to get the top prize in months.

Plan to cancel up to $50K in student loan debt could come with tax bomb

If you have student loans, you may be faced with a big tax bill at the end of the year if the Biden administration adopts Schumer’s call for $50,000 in student loan forgiveness.

Wall Street stocks rally to records on Inauguration Day 2021

U.S. stocks are rallying to records Wednesday on encouraging earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.

Still no second stimulus check? Here's how to get your money

Some who are still waiting for the money to arrive will need to file a tax return in order to receive the money.

'American Rescue Plan': Here's what's in Biden's COVID-19 relief plan

President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.

IRS delays start of 2021 tax filing season to Feb. 12

The Internal Revenue Service will delay the start of tax filing season until Feb. 12, 2021, which pushes the date when the tax agency will begin accepting and processing 2020 tax year returns.

$15 an hour minimum wage: Biden pushes for urgent increase amid COVID-19 pandemic

During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.

Jobless claims jump to 965,000 as COVID-19 pandemic takes toll

The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.

Biden eyes child tax credit expansion among stimulus measures: Report

President-elect Joe Biden is imminently expected to outline his plans for additional stimulus measures as the U.S. battles surging COVID-19 cases.

IRS and Treasury to stop sending stimulus checks this week

Legislation providing for the $600 payments, which was approved by lawmakers at the end of last month, stipulated that the departments needed to issue all payments by Friday.

$750M: Mega Millions jackpot rises to its 2nd highest ever; Powerball drawing Wednesday

The Powerball and Mega Millions lotteries each draw new numbers twice a week at 11 p.m. ET. Powerball numbers are drawn on Wednesdays and Saturdays while Mega Millions numbers are chosen on Tuesdays and Fridays.

Taxes on unemployment money coming due soon, surprising many

Many California jobseekers are confused about withholding taxes on their unemployment checks, and many more report that they simply can’t afford to put aside any money when they don’t have enough to begin with.

Schumer pledges quick delivery of $2,000 stimulus checks: 'We will get that done'

Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.

Second stimulus checks are arriving — here's how to prepare

For many, debt may not be a top priority with the upcoming stimulus package, but here’s what to consider if it is for you.