Supplemental Security Income, a federal program meant to be a financial floor for people unable to work, hasn’t kept pace with inflation. Many recipients are homeless, unable to save for an apartment. Created at: September 15, 2022 at 10:01AM
High rents outpace federal disability payments, leaving many homeless
Professionals beware: That new LinkedIn connection request may be part of a scam
A new online scam involving LinkedIn is duping professionals into investing in cryptocurrencies, and then scammers steal their money. Created at: September 14, 2022 at 09:30PM
How a Texas court decision threatens Affordable Care Act protections
The ACA has required health insurers to provide many medical screenings and other preventive services with no out-of-pocket cost to health plan members. But a recent court decision could upend that. Created at: September 14, 2022 at 10:00AM
How ESG investing got tangled up in America’s culture wars
Amid Republican attacks, investors focused on environmental, social and governance (ESG) issues say they are just trying understand emerging risks and opportunities. Created at: September 12, 2022 at 10:00AM
“Zero-down payment” loans claim to close the racial homeownership gap. Here’s what you need to know
Vanessa Perry, nonresident fellow at the Urban Institute Housing Finance Policy Center, talks to NPR’s Ayesha Rascoe about new “zero-down” mortgages for first-time Black and Hispanic homebuyers. Created at: September 11, 2022 at 01:02PM
You may get an IRS refund if you filed your taxes late during the pandemic
The IRS is refunding penalties it charged taxpayers for filing their 2019 and 2020 tax returns late, as a form of COVID-19 relief. The refunds don’t apply to penalties for failing to pay your taxes. Created at: September 10, 2022 at 04:30PM
Adjustable rate mortgages can be cheaper but risky. Here’s what you need to know
With mortgage rates up sharply, many more homebuyers are turning to adjustable rate loans. These can be more affordable, at least at first. But they come with a big risk. Is it worth it? Created at: September 10, 2022 at 10:00AM
Borrowers in 7 states may be taxed on their student loan cancelation
Seven states have tax policies on the books that could require them to treat student loans canceled by the federal government as taxable income. Created at: September 9, 2022 at 10:00AM
A Florida woman touted as ‘Mother Theresa’ ran a $196 million Ponzi scheme, feds say
Federal prosecutors say Johanna Garcia’s company wasn’t a funding miracle for small businesses but a lucrative Ponzi scheme whose co-conspirators spent millions of dollars on luxury items. Created at: September 6, 2022 at 06:25PM
Credit Karma will pay $3 million to users targeted with false preapproved offers
Almost one-third of Credit Karma users who applied for preapproved credit card offers were turned down, despite the assurance they were qualified, wasting their time and harming their credit score. Created at: September 6, 2022 at 05:05PM