Since 2010, the average cost of a house has risen by 20%. These price increases have made it increasingly difficult for young people to be able to purchase a home.
by Nailah HerbertA report released in early 2021 indicated that the money in the Social Security Trust Funds is expected to run out by 2034.
by Viviana VazquezFederal law mandates that a person is entitled to receive a free credit report from each of the three national reporting agencies, Equifax, Experian, and TransUnion, every 12 months. However, due to the COVID-19 pandemic, you can now get reports per week.
by Sheena AllenAugust is National Black Business Month, and the celebration and notoriety of the month have increased over the past few years. However, despite the increased buzz, the COVID-19 pandemic has made living conditions increasingly difficult for everyone, especially those who own Black-businesses.
by Nailah HerbertThe Biden Administration recently let the federal COVID assistance programs expire, leaving seven (7) million Americans without a source of income. Here’s what happened and how it has affected the people involved.
by Viviana VazquezOn August 1, 2021, the eviction moratorium expired, causing uncertainty for millions of households and tenants who had been protected from eviction processes under federal law during the COVID-19 pandemic.
by Sheena AllenIt can be challenging to maintain a healthy work-life balance when working from home. On the other hand, many workers have taken advantage of their company’s work from home policy to travel, start a side hustle or even work two full-time jobs at once.
by Viviana VazquezMany travel bans are now being lifted, and some countries are allowing international travel with some restrictions and requirements. However, spending tons of money to travel isn’t necessary. Numerous resources are available to help you save your coins as you get ready to start traveling the world.
by Matin VarshochiInflation is when the price for the same amount of goods (i.e., groceries) or services (i.e., getting a haircut) increases. Inflation affects everything involving the economy from food and clothing to employment wages and interest rates.
by CapWayPresident Joe Biden announced that unemployed Americans would no longer be eligible for unemployment benefits if they turn down a suitable job. Many believe President Biden's announcement is in response to many employers complaining of hiring struggles.
by CapWayParents who qualify for a stimulus check are eligible to receive an extra $1,400 if they give birth anytime during 2021, according to the new COVID-19 relief bill, which Congress passed on March 10, 2021.
by CapWayOne of the direst effects has been the financial impact that has resulted from job layoffs and mandated quarantines. The closing of bank branches across the United States reflects the economic impact many have had to endure.
by CapWayPresident Joe Biden signed the latest Covid Relief bill on Thursday, March 11, 2021. The $1.9 trillion package includes up to $1,400 in direct stimulus aid, additional weekly unemployment supplements of $300.
by Viviana VazquezA Presidential Memoranda was issued on January 20, 2021, which extended the pause on federal student loan payments and collections, keeping the interest rate at 0%. More than 42 million federal student loan borrowers will have student loan debt relief until September 30, 2021.
by CapWay