Tag: Finance News
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Student Loan Repayment to Resume After Debt Ceiling Deal, Says Kevin McCarthy
McCarthy stated that the pause on loan payments will end 60 days after President Biden signs the bill. Kevin McCarthy, the House Speaker, announced that if the debt ceiling deal is approved, student loan repayments will recommence after a three-year deferment period According to McCarthy, the resumption of student loan repayment will contribute $5 billion…
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Hyundai and Kia Settle Class-Action Lawsuit Over Car Theft Concerns
Hyundai Motor America and Kia America, Inc. have reached an agreement to settle a class-action lawsuit involving certain Hyundai and Kia vehicles equipped with key ignition systems. The settlement, announced on May 18, 2023, aims to address the concerns of owners affected by car theft incidents It is important to note that this agreement does…
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Thousands Of Mississippians Will Loose Their Jobs If The Government Defaults.
Debt Defaulting Is Just Days Away From The Federal Government And Mississippi Will Be The Most Affected State Wherein Tens Of Thousands Of Its Citizens Will Lose Their Job. The Federal Government Was Unable To Pay Its Existing Debt Because It Did Not Raise Its Borrowing Limit. Tax Default Impending As the Federal Government…
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Loan Payment Will Start In Fall: Student Loan
Biden Student Loan Forgiveness Plan Hit Another Rock As House Republican Passed Another Resolution To Nullify Its Stoppage And Reverse The Pause. Expert Said That The Borrowers Should Start Paying By Fall. Student Loan Payments to Resume. President Joe Biden’s Student loan pause has hit a wall as House Republican passes a resolution…
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New Yorkers Should Have A Better Access To Utility Payment Lawmakers Says.
Lawmakers Proposed To Enroll Eligible Households In Utility Companies’ Energy Assistance Programs. This Is For Those Who Are Eligible But Did Not Receive Any Assistance And Also To Have Better Access In Times Of Need. Utility Assistance Program Proposed Automatic Enrollment Legislation led by state Sen. Kevin Parker and Assemblymember Michaelle Solages, proposed…
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$150 tax rebate per person approved by Alabama lawmakers.
On Thursday, Lawmakers Approved A One-Time Payment Of Tax Rebates Of $150 To Single People And $300 To Married Couples. Senators Voted 27-4 And Representatives Voted 103-0 For The Compromise Amount One-time Payment for income tax filers. Legislators agreed to a late compromise agreement of one-time payment tax rebates amounting to $150 for singles…
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Tax Break Promoted By DeSantis
Gov. Ron Desantis Request For Tax Breaks Was Not Approved Instead An Alternative Of His Request Will Benefit Business Owner And Customers. $1.3 Billion Tax Breaks Was Slashed That Would Come From The Consumers. Tax proposal that would benefit business and shoppers On February 1, Governor Ron DeSantis passed a tax and budget proposal…
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National Fraud Scheme: Unwanted COVID-19 Test Kits Arriving At Medicare Recipients’ Mailboxes
Medicare recipients are receiving COVID-19 test kits even though no one requested them. The arrival of COVID-19 test kits across the country is believed to be a national fraud scheme. There is Alleged National Fraud Scheme involving Medicare COVID-19 Test kits ABC11 Troubleshooter investigated first the Medicare fraud scheme on the first days of…
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Utah Achieves Largest Consumer Protection Settlement in History with Response Marketing Group for False Real Estate Training Claims
Response Marketing Group, LLC and its principals have been ordered by the court to pay $15 million and are prohibited from selling money-making opportunities. Utah’s largest consumer protection lawsuit settlement has been achieved through a collaboration between the FTC and the Utah Attorney General’s Office The lawsuit alleges that Response Marketing deceived customers by making…
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Social Security Faces Financial Challenges, Prompts Potential Changes to Secure Program’s Future
One major issue is the inadequacy of annual cost-of-living adjustments (COLAs) in keeping up with inflation. Social Security, the crucial program supporting millions of seniors, is facing financial challenges that could lead to benefit cuts Despite being based on inflation data, COLAs have failed to maintain the purchasing power of Social Security recipients over the…