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Money
US Stock Market Stumbles Amid Middle East Violence, Oil Price Surge
The US stock market took a hit due to escalating Middle East tensions and rising oil prices, causing sector downturns and raising concerns.
Tensions in the Middle East have been on the rise, primarily due to the ongoing conflict and…
Child Tax Credit Outlook 2024: What Can Families Expect Next Year?
As 2024 nears, American families are keen to know how the Child Tax Credit (CTC) will affect their finances next year.
The Child Tax Credit has undergone significant changes in recent years, particularly in 2021, with the American Rescue…
Stimulus Check Upadate: $5,000 Payments Headed to Eligible Americans
Recent news of $5,000 Stimulus check payouts has been making its way around government circles, and eligible Citizens are eagerly anticipating significant financial help.
This proposed stimulus package, aiming to provide much-needed…
Powerball Bonanza: $1.55 Billion Jackpot Climbs, Californian Claims Million-Dollar Prize
The Powerball jackpot has skyrocketed once more, reaching an astonishing estimated sum of $1.55 billion after the recent drawing held on Saturday.
The outcome produced several fortunate individuals who clinched $1 million prizes,…
Labour’s Private School Tax: Assessing Impact on Children’s Opportunities
The Labour Party has proposed a Private School Tax, aiming to address socioeconomic disparities in education.
The proposal has sparked widespread debate, with proponents asserting that it could level the playing field and critics…
Social Security’s COLA : Reasons It’s Expected to Lag Behind the 8.7% Rise in 2023
The eagerly anticipated Cost of Living Adjustment (COLA) for Social Security benefits in 2023 is projected to fall short of the substantial 8.7% rise seen in other sectors of the economy.
Several factors contribute to this expected lag,…
Former IRS Contractor Accused in Trump Tax Data Leak Plans Guilty Plea
A former contractor for the IRS accused of leaking tax data related to former President Donald Trump has indicated plans to enter a guilty plea in the coming days.
This development follows a high-profile incident that raised serious…
US Treasury Department Rolls Out $7,500 Electric Vehicle Tax Credit as Point-of-Sale Rebate Starting…
In January, the US Treasury Department will introduce a $7,500 point-of-sale rebate to boost electric vehicle (EV) adoption and cut carbon emissions.
This initiative is aimed at incentivizing more Americans to opt for cleaner and…