Tag: Finance News
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Student Loan Forgiveness Program to Forgive $39 Billion in Debt for Longtime Borrowers
The Student Loan Forgiveness comes as a result of the Education Department‘s income-driven repayment (IDR) account adjustment. On July 14, a significant step was taken in the Student Loan Forgiveness program as 804,000 longtime student loan borrowers received the news that their remaining debt of $39 billion would be forgiven Consequently, many borrowers are now…
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Fed Raises Interest Rates for the 11th Time Since March 2022 Amidst Inflation Concerns
Experts suggest that the Fed’s approach may now follow a pattern of “Pause, hike, pause,” indicating further rate adjustments may be on the horizon. Fed Raises Interest Rates, marking the 11th increase since March 2022 Bill Adams expects a modest quarter percentage point rise in the federal funds rate, bringing it to a target range…
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IRS will stop its unannounced visit to homes and businesses: “It is the right thing to do, at the right time”, says IRS Commissioner
In an effort to protect the safety of its employees and combat con artists posing as IRS agents, the Internal Revenue Service announced on Monday that it is stopping its decades-old practice of making unannounced visits to homes and businesses. Revenue officials will no longer make unannounced visits to taxpayers’ homes and businesses, “except in a…
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The Job Salaries Rising Above US Inflation In 2023
These job types have seen a healthy rise in pay overpass US inflation in 2023. This handful of work types has risen beyond the rate of US inflation Registered Nurse is the first job that rose above US Inflation The salary of nurses rose above US Inflation, and they were granted a 5pc pay…
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Pop Star Shakira To Face Trial After Failing To Pay Almost $15 Million In Taxes In Spain
Pop star Shakira will face trial for tax evasion allegations in Spain after failing to pay almost $15 million in taxes. Pop Star Shakira Accused of Tax Evasion After Failing to Pay Almost $15 Million in Taxes in Spain Pop star Shakira was accused of tax evasion after failing to pay almost $15 million in…
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Loans For Bad Credit: How Small Businesses Can Face Their Credit Challenges To Achieve Goals
How can small businesses face credit challenges to achieve goals using loans for bad credit? Loans for Bad Credit Will Provide Funding Options for Small Businesses with Low Credit Scores With the increasing financial challenges, even small businesses are struggling with low credit scores and looking for loans for bad credit to help with their…
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Anti-Business Measures in California: Push for New Regulations and Costs Puts Job Creators at Risk
The Anti-business bills, dubbed “job killers” by the California Chamber of Commerce, are seen as a response to the lingering impacts of COVID-19 on the economy. Anti-business measures are being pushed by California’s Democratic-controlled Legislature, raising concerns about the state’s private-sector workers and job creators One such bill, Anti-business Senate Bill 616, seeks to extend…
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Low Polling Rate Continues to Haunt “Bidenomics” Despite Economic Progress, Says Chief Economic Adviser
In a candid interview on Fox News Sunday with Shannon Bream, Bernstein defended President Joe Biden‘s economic agenda, colloquially known as “Bidenomics,” asserting that it has contributed to enhancing the financial well-being of families. Jared Bernstein, the Chair of the Council of Economics Advisers, remains undeterred by the recent low polling rate on the economy,…
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Hannah Williams: TikTok Finance Expert Revolutionizes Salary Transparency, Advocates for Fair Pay and Income Equality
With over 1.2 million followers, the 26-year-old Hannah Williams CEO of Salary Transparent Street aims to bridge income disparities, especially for women, people of color, and minorities. Gen Z finance expert Hannah Williams has become a prominent voice on TikTok, discussing work culture and advocating for salary transparency Hannah Williams’s viral videos often feature her…
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Despite Of Higher Inflation, Travel Spending Continues To Robust
Travel spending has stayed higher than many economists feared because of higher inflation. But the trend points to more traditional travel spending patterns. Americans no longer have excess savings for travel spending New American banking data said households remain healthier than economists feared. Despite higher inflation, travel spending has continued to surprise. The study…