Apr 5, 2023

Your tax refund may shrink this year

Scott Olson/Getty Images

Blame it on dried-up pandemic tax credits. Plus, a tearful goodbye between neighbors marks a new (business) beginning.

Segments From this episode

Banks in Turmoil

People have moved billions from bank accounts to money market funds. What are those?

by Sabri Ben-Achour

Apr 5, 2023

This type of mutual fund invests in short-term, low-risk debt. Currently they're earning higher interest than savings accounts.

Depositors have been moving cash into money market mutual funds in search of higher interest income as well as safety because of the shaky condition of some banks.

courtneyk/Getty Images

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"Due diligence" is part of the vernacular. But what does it really mean?

by Matt Levin

Apr 5, 2023

Recent scandals involving FTX and Frank leave some wondering if enough research was done on the startups, and who was supposed to do it.

JPMorgan recently bought the financial planning startup Frank for about $175 million but says its owner lied about its number of users.

Spencer Platt/Getty Images

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The class of 2023 is graduating into a challenging job market

by Reema Khrais and Sarah Leeson

Apr 5, 2023

The jobless rate for young workers has jumped since late 2021 and loan repayment is back on the table. Soon-to-be grads are scrambling.

New grads are entering a tougher hiring environment than last year's class. "There are jobs," says Wall Street Journal reporter Lindsay Ellis, but "it is a longer journey than many soon-to-be college grads would like."

Spencer Platt/Getty Images

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Adventures in Housing

How one neighbor’s move helped another’s business dream come true

by Maria Hollenhorst

Apr 5, 2023

When Bonnie Rough’s beloved next-door neighbors moved away, they created space for her to launch a short-term rental business.

Bonnie Rough, a writer and urban farmer, with an armful of Stuttgarter onions she grew in summer 2020.

Courtesy Bonnie Rough

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Your tax refund may be smaller this year

by Samantha Fields

Apr 5, 2023

Pandemic tax credits have dried up, like the temporary expansion of the child tax credit and the earned income tax credit.

Without pandemic-era expanded tax credits, low- and middle-income families will likely see lower tax returns.

Chip Somodevilla/Getty Images

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Fast food menu hacks are taking over TikTok

by Kristin Schwab

Apr 5, 2023

They create both chaos and money-making opportunities for businesses.

The rise of social media and digital ordering has spawned a slew of menu hacks and complex orders.

Nicolas Asfouri/AFP via Getty Images

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The team

Nancy Farghalli Executive Producer

Daisy Palacios Senior Producer

Maria Hollenhorst Producer

Sean McHenry Associate Producer

Andie Corban Associate Producer

Richard Cunningham Associate Producer

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