personal-finance

Rebecca Moretti3/27/24

Nearly 1M Americans could miss out on tax refunds

Tax season is upon us — ICYMI: the federal deadline to file is April 15 — and the average refund so far this year is $3.1K — almost enough to cover a month of rent in Manhattan.

But as Americans receive their 2023 refunds from Uncle Sam, there are still 940K refunds from 2020 that have gone unclaimed, and are about to expire.

Even master procrastinators might wanna get a move on this: the IRS said taxpayers may be leaving $1B+ on the table.

If the people who haven't yet claimed their refunds don't submit their returns by May 17, they'll never be able to get the $$ they're owed.

Their unclaimed refund will go to the US Treasury. Womp.

The IRS has 940,000 unclaimed tax refunds from 2020 that are about to expire. Is one of them yours?

The IRS has 940,000 unclaimed tax refunds from 2020 that are about to expire. Is one of them yours?

Even master procrastinators might wanna get a move on this: the IRS said taxpayers may be leaving $1B+ on the table.

If the people who haven't yet claimed their refunds don't submit their returns by May 17, they'll never be able to get the $$ they're owed.

Their unclaimed refund will go to the US Treasury. Womp.

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Claire Yubin Oh

Almost three-quarters of US workers think now’s a bad time to find a quality job

The latest Gallup workplace survey points to a workforce that is struggling but largely stuck.

Frustrated man working from home at laptop

personal-finance

Claire Yubin Oh3/27/26

Wall Street bonuses hit a new record last year, edging toward $250,000 average

2025 was a pretty good year for US stocks... and new data suggests it was an even better one for workers on Wall Street itself.

In a year that saw pretax profits on the Street rise more than 30% to a record $65 billion, dealmakers, traders, and wealth managers raked in ~$246,900 in bonuses on average — an all-time high — per a new report from New York State Comptroller Tom DiNapoli published on Thursday.

Wall street bonuses chart — Sherwood News

According to DiNapoli, last year’s record $49.2 billion bonus pool (estimated using income tax data without including stock options or other deferred compensation) reflects Wall Street’s “strong performance for much of last year, despite all of the ongoing domestic and international upheavals.”

With New York’s acceptance law coming into effect, could cold hard cash stage a comeback?

Though digital payments are now the norm, most US adults remain opposed to the idea of a cashless society.

Crumpled One Dollar Notes Isolated on Blue Background

Inherited homes made up almost 1 in 5 property transfers in California last year

The 18% home inheritance figure was double the rate across the rest of the country.

A Craftsman style home surrounded by palm trees

Standing desk advantage

Americans are spending more of the workday sitting — the jobs driving the trend often come with more money

Software developers sit nearly all day and make six figures. Fast-food workers are on their feet almost nonstop, and earn about $30,000 a year.

Hyunsoo Rim2/11/26

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