6 reasons why Americans aren’t returning to work

A “Now Hiring” sign outside a store on Aug. 16, 2021 in Arlington, Virginia. OLIVIER DOULIERY | AFP | Getty Images On the surface, conditions may seem ripe for a boom in the U.S. labor market. There are still 5 million fewer jobs than before the pandemic but job openings are near record highs. And … Read more

First bitcoin futures exchange-traded fund starts trading Tuesday. What to know before adding it to your portfolio

Bitcoin on display. Chesnot | Getty Images The first U.S. bitcoin futures exchange-traded fund will launch on Tuesday, a milestone for the cryptocurrency industry, and others may soon follow. The long-awaited ProShares ETF will offer exposure to bitcoin futures contracts — agreements to buy or sell the asset later for an agreed-upon price — rather … Read more

Covid-related scams have bilked Americans out of $586 million

boonchai wedmakawand | Moment | Getty Images Consumers have lost $586 million to fraud linked to the Covid-19 pandemic, according to data from the Federal Trade Commission. Americans filed more than 269,000 fraud complaints from the beginning of 2020 to Oct. 14, 2021, according to most recent federal data. (Consumers cited Covid, stimulus or related … Read more

Social Security beneficiaries will soon see the biggest jump in monthly checks in 40 years. How to prepare

VALERIE MACON | AFP | Getty Images People who collect Social Security are about to see bigger checks. The cost-of-living adjustment in 2022 will be 5.9%, the Social Security Administration said Wednesday. The bump, which will help beneficiaries keep up with rising costs due to inflation, is the largest increase in about 40 years. The … Read more

Social Security cost-of-living adjustment will be 5.9% in 2022

The Social Security cost-of-living adjustment will be 5.9% in 2022, the Social Security Administration announced on Wednesday. The 5.9% COLA will be the biggest boost to Social Security beneficiaries’ checks in about 40 years. In 2021, the Social Security COLA was 1.3%. More than 64 million Social Security beneficiaries will see the increases in their … Read more

Want to get away from it all? Try the 10 most ‘underrated’ national parks

McBride Inlet in Alaska’s Glacier Bay National Park, which ParkSleepFly rated as America’s most underrated national park. Andrew Peacock | Stone | Getty Images Ever since Covid-19 first made social distancing a thing, Americans looking to escape lockdown boredom and work-from-home isolation have sought out open spaces at the country’s 63 national parks — and … Read more

Medicare open enrollment starts soon. Here’s why you should pay attention

Female doctor working with senior patient in a modern office clinic / hospital momcilog | E+ | Getty Images Sure, there are probably more entertaining things to do than review your Medicare coverage. Nevertheless, it’s about that time of year. Open enrollment, which starts Oct. 15 and runs through Dec. 7, is when you can … Read more

How much do I need to retire? Top financial advisors weigh in

There are a few simple rules of thumb, such as saving 10 times your income by retirement age, although experts recommend using a retirement calculator to get a more accurate picture of your retirement number. Still, the old rules may no longer apply. “There’s not necessarily a one-size-fits-all solution,” said Christopher Schreiner, a certified financial planner and chief … Read more

September jobs report hints at unemployment benefits’ muted role in pandemic labor market

A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Joe Raedle | Getty Images The September jobs report issued Friday offered yet more evidence that pandemic-era unemployment benefits didn’t hold back the labor market in a significant way. Job growth — 194,000 new payrolls — … Read more

Paid family leave could become law. Families share how it could change things for them

FatCamera | E+ | Getty Images A sweeping new legislative proposal on Capitol Hill could give Congress a rare opportunity to address an issue that has long been on the backburner – paid family leave. Today, only some workers have access to paid time off to care for their loved ones or their own medical … Read more