The Shriver Corps, named after Sargent Shriver, who founded the Peace Corps, will train volunteers to help poor Americans.
IRS commissioner John Koskinen appeared before the House Oversight and Government Reform Committee on the loss of former Treasury official Lois Lerner’s emails and crash of her hard drive. Meanwhile, the federal gasoline tax could be phased and leave the Highway Trust Fundthe House Ways and Means Committee plans to vote on indexing the $1,000 child tax credit.
Credit cards often charge a foreign transaction fee. But some credit cards from Chase, American Express, BankAmericard, Capital One, and others waive it, saving overseas travelers up to 3 percent on purchases.
Everyone has a unique approach to personal finance with different goals, lifestyles, and incomes. NerdWallet asks everyday people how they handle personal finance, and speak with a 22-year-old magazine editor in this installment of 'How Do You Do Money?'
Bank of America was ordered by the Consumer Financial Protection Bureau to refund $727 million to consumers who were deceived by the bank's marketing of credit card payment protection programs, along with other fines. This makes Bank of America the fifth major credit card issuer to be fined for such behavior.
Social-impact bonds offer investors a more direct connection between the dollars they invest and the impact they have on a social problem.