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MARCH 21, 2024 The IRS said it will focus on the wealthiest individuals and organizations this year. Mphillips007/Getty Images Tax filing season can be a stressful time for many Americans. Between the challenge of having to navigate countless forms and compling all of the correct information, filing season can become overwhelming. The looming threat of an audit can ratchet up the stress of tax season even...
MARCH 21, 2024 U.S. Treasury Secretary Janet Yellen testifies before a Senate Finance Committee hearing on the 2025 budget on Capitol Hill in Washington, U.S., March 21, 2024. Republican senators questioned Treasury Secretary Janet Yellen about provisions of the Trump administration's Tax Cuts and Jobs Act which if allowed to expire, they alleged, could raise taxes for some Americans. Yellen...
MARCH 21, 2024 Pence Executive Privilege. A White House valet who was with former president Donald Trump on the day Congress certified his 2020 election loss to Joe Biden told the House January 6 select committee that Mr. Trump threatened then-vice president Mike Pence’s future political viability in a phone call just before Mr Pence was to preside over a joint...
MARCH 16, 2024 Person looking out a window. - Getty Images Social Security benefits are vital to the finances of tens of millions of U.S. seniors. In fact, more than 40% of baby boomers say their monthly checks will be their primary source of retirement income, according to a 2023 report from the Transamerica Center for Retirement Studies. When it comes to...
MARCH 16, 2024 U.S. Senate Minority Leader Mitch McConnell at the U.S. Capitol on March 12, 2024. On Tuesday, the little-known Judicial Conference of the United States — the policymaking arm of the federal judiciary — made some unusual headlines by announcing a new effort to make it harder for plaintiffs in certain lawsuits challenging state or federal policies to hand-pick...
MARCH 15, 2024 National Association of Realtors building on Michigan Avenue in Chicago on Sept. 20, 2023. - Antonio Perez—Chicago Tribune/Tribune News Service/Getty Images Americans pay roughly $100 billion in real estate commissions each year, but that burden is about to be lightened considerably. The National Association of Realtors, one of the country’s largest industry associations, reached a settlement Friday morning...
MARCH 14, 2024 Have you ever wondered what happens to your old refrigerator once you're ready to part ways? Turns out, recycling refrigerators is no easy task. Whirlpool Corporation, manufacturer of home appliances, is working on a way to make refrigerators more sustainable. The Wall Street Journal interviewed Pam Klyn, the Executive Vice President of Corporate Relations & Sustainability for Whirlpool,...
MARCH 14, 2024 Retired federal judge J. Michael Luttig issued a searing rebuke of the Supreme Court’s unanimous decision that Colorado could not disqualify former President Trump from the ballot under the 14th Amendment’s insurrection ban, preserving his ability to seek a second term. In a piece published in The Atlantic on Thursday, Luttig, a longtime conservative jurist on the 4th U.S....
MARCH 14, 2024 Federal Reserve Chairman Jerome Powell prepares to testify before the Senate Banking, Housing and Urban Affairs Committee on March, 7 2024.  The U.S. Federal Reserve will likely cut interest rates by a cumulative 0.75 percentage points to 1 point in 2024, investment strategists said Wednesday. The Fed will likely achieve a so-called "soft landing" as it navigates...
MARCH 12, 2024 Republican presidential candidate and former President Donald Trump at a campaign rally in Rochester, New Hampshire on January 21, 2024 . Former President Donald Trump took aim at President Joe Biden over inflation during a call-in appearance on CNBC's "Squawk Box" on Monday. "People are going through hell," due to rising prices, Trump said, with energy and food costs...