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Denitsa is a former Yahoo Money personal finance reporter covering debt management, student loans and job trends. Previously, she interned for Bloomberg News reporting on agriculture, commodities, and companies, and has worked and trained in newsrooms across the U.S., U.K., Belgium, and Russia.
Yahoo MoneyLow-wage workers see ‘huge reversal in power’ when it comes to wages
Hit hardest by the pandemic in the beginning, low-wage workers are now reaping the biggest gains in their paychecks.
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Older workers are 'unretiring' after leaving the workforce during the pandemic
More than 2.6% of retired workers returned to work in October, the highest since April 2020, according to an analysis by Indeed.
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Tax brackets and standard deduction to increase for 2022 tax year due to higher inflation
The IRS announced annual inflation adjustments for the 2022 tax year, including the standard deduction and tax brackets.
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Americans are feeling lousy about their finances even though they're doing fine
While several indicators show that Americans’ finances remain in good shape nearly two years into the pandemic, many folks aren’t feeling secure.
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Here's why some unemployed workers aren't looking for a new job
The biggest factor keeping workers from getting jobs remains the pandemic itself. But rising wages could be what ultimately brings them back.
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IRS sends 430,000 additional tax refunds over unemployment benefits
The IRS this week sent 430,000 tax refunds — averaging about $1,189 — to filers who paid too much in taxes for their 2020 unemployment benefits.
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The Great Blue-Collar Resignation: Low-wage workers lead labor turmoil
Blue-collar workers are leading the Great Resignation and are the ones refusing to go back to work.
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Democrats unveil billionaire’s tax on unrealized capital gains
Taxpayers with more than $1 billion in assets or more than $100 million in annual income for three straight years would pay taxes on unrealized capital gains.
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The Child Tax Credit payments are missing some of the most vulnerable families
More than 3 in 10 eligible low-income families haven’t received their August Child Tax Credit payment a month after they were supposed to.
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IRS sends $15 billion in fourth round of Child Tax Credit payments
The Internal Revenue Service sent the fourth set of monthly Child Tax Credit payments worth $15 billion to 36 million families.
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More Americans are single and faring worse financially than those with partners
Not only has the number of single adults in the U.S. ballooned since 1990, so has the gulf in economic fortunes between individuals who live with a spouse or partner and those living alone.
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Workers quit their jobs at a record-high rate at the end of the summer
Nearly 4.3 million workers voluntarily left their jobs in August, according to the Labor Department, equating to a quits rate of 2.9%.
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Democrats’ tax plan makes ‘baby steps’ toward racial wealth equity
By lifting up families at the bottom through tax credits and taxing affluent households more, Democrats can help narrow the racial wealth gap.
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Workers give up pay to stay remote — but don't always take a financial hit
Pay cuts for remote employees aren't packing as much of a sting financially as first feared for some workers.
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Stronger estate tax would hit more inheritances under Democrats' plan
Democratic lawmakers want to tax estates worth $5.85 million or more — reverting back to the same exemption amount as in 2017.
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Looming tax hikes are giving rich Americans 'heartburn' as they try to mitigate the hit
Wealthy Americans are scrambling to find the best way to minimize the hit from tax hikes in the Democrats’ infrastructure plan moving through Congress.
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Child care in the US is a 'broken market,' Treasury report finds
The average American family with at least one child under age 5 uses 13% of their income to pay for child care, or nearly double what's considered affordable.
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No state extends unemployment benefits despite calls from Biden
No state has extended the pandemic unemployment programs that expired earlier this month despite the call from the Biden administration to use leftover stimulus funds to do so.
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IRS sends $15 billion in third round of Child Tax Credit payments
The Internal Revenue Service sent the third set of monthly Child Tax Credit payments to 35 million families — worth $15 billion — this week.
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AOC plans to introduce bill extending pandemic unemployment benefits
Rep. Alexandria Ocasio-Cortez (D-NY) will introduce legislation extending all federal pandemic unemployment programs through February 2022.