Tag: Finance News
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Grocery Tax Holiday In Tennessee From August 1 To October 31, 2023
Grocery Tax Holiday has started, and most groceries in Tennessee are exempt from sales tax. The Grocery Holiday is a part of the Tennessee Works Tax Act The law was passed this year and created a Grocery holiday across the state. It approved over $400 million in federal tax cuts. The experts expect a…
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Oil Benchmarks Reach Critical Levels Amid OPEC+ Production Cut Speculations and Supply Constraints
The OPEC+ Joint Ministerial Monitoring Committee meeting, scheduled for this Friday, is expected to announce an extension in oil benchmarks, which could help maintain crude oil prices at these improved levels. Oil Benchmarks, WTI crude oil, and Brent crude oil are holding steady at crucial levels last witnessed in mid-April due to the anticipated production…
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Unmanageable Debt Crisis Plagues Graduate Students
While undergraduate degrees continue to prove financially beneficial for most individuals, new research highlights that many graduate programs are leaving students burdened with more unmanageable debt than they can handle, especially when their incomes fail to cover the balance. Amid the ongoing debate on addressing the student debt crisis in the United States, a concerning…
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Millions Of Students Could Avail The Student Loan Forgiveness Debt Relief: What You Should Know Is This
The Department of Education said more student loan borrowers can avail of the Student Loan Forgiveness Debt Relief through the Income-Driven Repayment (IDR) account adjustment. More Student Can Avail The Student Loan Forgiveness Debt Relief More student loan borrowers will experience the Student Loan Forgiveness Debt Relief after the Department of Education said students…
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Lawmakers In West Virginia Plan To Allow Individuals And Small Businesses To Save Vehicle Tax
West Virginia Lawmakers and Governor Justice approved the highest tax cut in West Virginia history. The new plan of the lawmakers will allow people and small businesses to save $750 million annually on their vehicle taxes. The lawmakers predict that the vehicle tax break will save taxpayers Lawmakers allow West Virginians to receive a…
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Florida SNAP Benefits: August Distribution Begins Tomorrow
The distribution will continue throughout the month, helping those in need access food and groceries. Starting tomorrow, recipients of the Florida SNAP Benefits will receive their monthly payments for August The distribution of food stamps, a vital form of assistance, takes place from the 1st to the 28th of each month in the Sunshine State.…
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Bidenomics 101: Is Economy Under Biden Administration Really Progressing?
The White House has spent much of the summer setting out its economic argument in speeches, appearances, and memos, all in preparation for Biden’s reelection effort in 2024. According to the president, Bidenomics 101 is about building the economy “from the middle out and bottom up” rather than top down. It is set in contrast to…
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New SAVE Student Loan Repayment Plan Launched By The Biden Administration. Here’s How To Enroll In SAVE
The Biden administration launched a beta application for its new student loan repayment plan, providing borrowers an early opportunity to join the program. The SAVE plan is an income-driven repayment program or IDR, that ties a borrower’s monthly payment to their income, lessening their financial load. However, IDRs have had several significant drawbacks, such as enabling interest…
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Student Loan Repayment Plan Now Open for Enrollment Ahead of Payment Resumption
This initiative comes as a replacement after the U.S. Supreme Court rejected Biden’s earlier proposal for student loan forgiveness in June. The Biden Administration has introduced a new income-driven student loan repayment plan known as the SAVE Plan According to CNN’s report via ABC 11, the student loan repayment plan has the potential to significantly…