Finance

By Shawn Donnan, Ann Choi, Hannah Levitt, and Christopher Cannon March 11, 2022 Nationwide, only 47% of Black homeowners who completed a refinance application with Wells Fargo in 2020 were approved, compared with 72% of White homeowners, according to a Bloomberg News analysis of federal mortgage data. JPMorgan Chase & Co., the largest U.S. bank by assets,…

Read More Black Mortgage Applicants with Almost Highest Income Approved at Same Rate as White Applicants with Lowest Income

56% Among U.S. workers who quit a job in 2021, the share who say they are now earning more money in their current job. Pew Research Center The majority of workers who quit a job in 2021 cite low pay, no opportunities for advancement, feeling disrespected  Majorities of workers who quit a job in 2021 say low…

Read More Job Exodus

I went to the grocery store Saturday and discovered that the in-store ground beef had gone from $5.49 to $6.79 per pound in about 2 weeks. Bananas are about $0.20 more per pound. Tomatoes were $1.29 more per pound. Gasoline was $3.70 per gallon today. Which prices are going up the most? Why? “Higher costs…

Read More Rising Prices are Everywhere

Honoring Black History Month: Oprah, Rihanna, Serena Williams, and more, are among some of the richest, self-made Black women in the world

Wed, February 23, 2022, 11:00 AM For every $1 the average white man in America earns, the average Black woman earns near $.69, according to the U.S. Census Bureau. In honor of Black History Month, we took a look at some of the richest self-made Black women in the world, who are changing the finance…

Honoring Black History Month: Oprah, Rihanna, Serena Williams, and more, are among some of the richest, self-made Black women in the world" class="entry-more-link">Read More Honoring Black History Month: Oprah, Rihanna, Serena Williams, and more, are among some of the richest, self-made Black women in the world

Driving for pay? The type of driving you do has a dramatic impact on how much you earn, according to a new analysis from Gridwise. Indeed, the best driving gigs in any given city can pay almost twice as much as the most-poorly paid, a Gridwise analysis found. Here’s which driving categories pay the most and…

Read More Driving apps that pay the most

The most important dates to remember for filing your tax return with the IRS

After significantly postponing income tax deadlines for the past two years because of the ongoing pandemic, the deadline for most taxpayers to submit a federal tax return this year is Monday, April 18, 2022.  Of the 41 states that collect income tax, most are adhering to the April 18 deadline, though there are some exceptions. Check with…

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Here’s your guide to what can and cannot be deducted on annual tax returns. By Mia Taylor January 19, 2022 At a time when legions of Americans are suddenly working from home and may remain doing so for the indefinite future, this question has likely never been more important: Can you write off your home office? The…

Read More Can You Write Off Your Home Office?

Find hidden treasure in old 401(k) plans by Patricia Amend, AARP, February 9, 2022 How would you like to score your share of $1.35 trillion? As of May 2021, that’s how much money was in some 24 million 401(k) accounts left behind at previous employers, according to a study by Capitalize, a company that helps Americans…

Read More 5 Steps for Tracking Down Lost Money