Social Security funds are on track to run short by 2032, which would mean a reduction in benefits. Here’s how four hypothetical households rely on the program in retirement.
A court ruling found that the I.R.S. shouldn’t have charged penalties and interest during the pandemic. But the government may appeal the decision.
Many Americans bought their first houses when mortgage rates dipped to record lows. Some are ready to move but feel locked in by their low rates.
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to come, our columnist says.
The I.R.S. estimates that 940,000 people who didn’t file their returns for that year are due back money. The deadline for filing to get it is May 17.
Prediction markets say former President Donald J. Trump has a good chance of winning. So far, the stock market is fine with that.
The surge in offerings is a response to the pandemic, which revealed glaring income inequality, as well as inflation and the resumption of student loan payments, an expert said.
Devastated at the height of the pandemic, cruise lines have become top performers.
Three years of relief from payments on $1.6 trillion in student debt allowed for other borrowing and spending — and will shift into reverse.
A host of issues face the markets, beyond the prospect of a possible default on U.S. debt. Hedge your bets and ride it out, our columnist says.
The forms were originally due in the early days of the pandemic. The I.R.S. estimates that 1.5 million people are owed money, but they must file by July 17.
The rule on price disclosure was written before widespread use of the internet. Regulators are considering an update.
The country’s work force is smaller than it was before the pandemic, sapping economic potential. The government is going to try luring more people off the sidelines.
The pandemic gave consumers an excuse to spend more to make up for lost time. Those who went overboard are trying to reverse course.
In Nuremberg, the stalls are open without Covid restrictions, and big crowds are returning to sip mulled wine and socialize. But amid economic uncertainty, visitors are spending less.
Up to 20 are using some of their budget surpluses to help taxpayers deal with high inflation. But some economists worry that the payments could fuel inflation.
Relaxed rules during the pandemic let workers carry over more of the pretax money, which must be spent on health costs or forfeited, but they’re expiring.
But to be eligible for the relief, taxpayers have to file the returns by Sept. 30. The agency says the average refund will be $750.
Inflation is expected to remain high later this year even as the economy slows and layoffs rise. Already, signs of financial stress are surfacing.