Title IRS Updates Child Tax Credit, Parents Can Claim Up To $2,200

A Child Tax Credit form sits beside cash and a calculator

Parents and families filing federal tax returns may have several tax credits available, and IRS guidance now points to a higher Child Tax Credit amount for eligible taxpayers. Eligible parents may claim up to $2,200 per qualifying child for the 2025 tax year. IRS Tax Tip 2026-17, dated March 3, 2026, lists the updated amount … Read more

June 2026 Jobs Report Shows Hiring Slowed To 57,000 New Jobs Added, As Labor Force Shrinks

June 2026 Jobs Report

The U.S. labor market slowed in June, with employers adding only 57,000 jobs, according to the Bureau of Labor Statistics Employment Situation report released Thursday morning. The headline looks mixed at first. Payroll growth was weak, but the unemployment rate fell from 4.3% to 4.2%. The cleaner reading is more cautious. Hiring slowed, prior months … Read more

Divorce After 65 Has Nearly Tripled Since 1990, and Baby Boomers Are Rewriting Retirement

Gold wedding rings rest on divorce papers

Divorce in America has changed. Overall, divorce has declined in recent decades, but divorce among older adults has moved in the opposite direction. Gray divorce means divorce involving adults aged 50 and older. Its growth now affects retirement, housing, estate plans, inheritance, and financial security. Baby Boomers are central to the trend. Their late-life divorces … Read more

Haitian Temporary Protected Status Ruling Puts Health Care Jobs At Risk

A Supreme Court ruling on Temporary Protected Status has turned an immigration case into a workforce problem for hospitals, nursing homes, home care agencies, employers, and families who rely on daily care. The ruling allows the Trump administration to move forward with ending Temporary Protected Status, known as TPS, for Haitians and Syrians. For Haitian … Read more

New Student Loan Limits Start As Court Fight Changes Which Graduate Programs Get Higher Limits

New Student Loan Caps

New federal student loan rules begin July 1, 2026, and the biggest practical change is simple. Many graduate students will no longer be able to borrow federal loans up to the full cost of attendance. The change matters most for students entering expensive graduate and professional programs. It also matters for parents using Parent PLUS … Read more