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Sony's initative comes amid mounting pressure on the record industry to be more transparent about the way it distributes money, particularly from streaming services.


He credited the work of state and local leaders with paving the way for this week’s step by Congress.


Weiss says behavioral issues such as a lack of impulse control are at the root of many financial problems. That's why he suggests you "hack your mind and not your money." In other words, look for ways to put your money out of sight and out of mind to avoid spending it impulsively. One of the easiest ways to do that is by maximizing contributions to a workplace retirement plan, like a 401(k). Contributions are automatically deducted from paychecks so you never see the money, and many employers will match a percentage of employee contributions. As a bonus, employee deposits may be eligible for a tax deduction.


What exactly is passive income? As The Motley Fool explains, passive income is “money that you earn with little to no effort.” The site also warns that passive income usually requires time and money upfront. The IRS might have special tax rules for passive income earnings.

Data collected by the Indiana Department of Workforce Development shows that while the labor participation rate with 16-19 year-olds is up from 2020, it’s only at 42%, which is lower than pre-pandemic levels in 2019.