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Tag: Personal Finance

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IRS to Cease Door-Knocking: Alleviating Taxpayer Anxiety

The IRS (Internal Revenue Service) has announced a significant change to its decades-long practice of conducting unannounced visits to taxpayers’ homes and businesses.  Effective immediately,…

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Sneak Peek: McDonald’s CosMc’s Restaurant Concept

CosMc’s is named after an obscure McDonald’s figure. He is a foreigner. CEO Chris Kempczinski stated during an analyst call about the company’s second-quarter financial…

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ECB’s Interest Rates Rises Challenged Amid Recession Concerns

After raising interest rates by 0.25 percentage points to a joint record high, the European Central Bank has been advised to stop raising them further…

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August SNAP Assistance: Virginia Beneficiaries Anticipate Benefits in Five Days

Beginning in five days, thousands of individuals and families in Virginia who rely on the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps,…

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California-led Group Takes Action against 3M’s PFAS Deal

Using the just-proposed settlement between the business 3M’s PFAS deal and water utilities affected by forever chemicals as justification, a bipartisan coalition of 22 US…

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Congressional Budget Office Forecasts Economic Slowdown in 2024

Despite an updated projection that predicts some economic weakness through 2024, the Congressional Budget Office announced on Wednesday that economic and job growth so far…

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Fed Raises Rates for 11th Time Amid Inflation Concerns

As part of its continued effort to control inflation, the Federal Reserve increased its benchmark interest rate on Wednesday for the 11th time in 17…

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Florida SNAP Recipients to Receive Monthly Direct Payments within 48 Hours

In an effort to support low-income citizens and ensure they have access to adequate nutrition, the Supplemental Nutrition Assistance Program (SNAP) in Florida is gearing…

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SNAP Benefits Application: How Assets Impact Approval

When it comes to applying for the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps, one crucial aspect to consider is how your…

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Medicaid Funding: Hospital Seeking for 14th Extension from Congress

In the political landscape of Washington, the sight of hospital lobbyists swarming the Capitol has become as common as the blooming cherry blossoms in spring. …

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Maximize Social Security: Spousal Benefits & Payouts

As you plan for your retirement, understanding the intricacies of Social Security benefits can play a crucial role in securing your financial future.  One aspect…

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Trouble Looms for Florida’s Housing Market as Insurer Leaves

In an unexpected turn of events, one of the state’s main property insurers just announced its exit, leaving Florida’s housing market with an uncertain future. …

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Struggling Military Families Awaits Big Pay Hike Decision

The proposed measures include a significant wage boost, more employment support for struggling military families, and increased housing and childcare aid.  They build on initiatives…

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AT&T Stock in Freefall: 30-Year Low Triggered by Toxic Lead Cable Report

In response to a news earlier this month that some of the top network providers in the country left thousands of cables covered in lead…

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Housing Starts Decline 8% Amidst Housing Market Growth

A housing market that has shown indications of heating up recently after being pounded by the Federal Reserve’s rate hikes is still facing some problems,…

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SNAP Benefits for Texans, Up to $1,691 in direct payments in 15 days

In just 15 days, eligible individuals in low-income households across Texas will begin receiving their much-needed Supplemental Nutrition Assistance Program (SNAP) benefits for the month…

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Medi-Cal Coverage Loss: Millions of Californians at Risk

The state is now verifying Medicaid program eligibility, specifically the medi-cal coverage, and up to 2.8 million Californians could be removed from the rolls, according…

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Electric Vehicle Prices Drop as Automakers Increase Production

Ford, Tesla and other automakers are having to lower prices to lure buyers as the supply of battery-powered models begins to exceed demand. Automakers are…

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Inflation’s Resilience: Winning the War Still a Distant Goal

Despite recent indications that inflation is slowing down, the battle to stem the skyrocketing price hikes of the previous three years is far from over.…

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Affordability Vs. Lock-In: Tensions Rise In The US Housing Market

The US housing market is caught up in a heated conflict between competing forces. Home prices are under pressure on one side due to worsening…

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Farmers Insurance Reacts: Policy Cuts In Florida’s Turbulent Insurance Market

Florida has recently become a popular destination for people moving from other states, but as the population has grown, so has the typical cost of…

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Optimism And Risks: Stock Market Ride Wave As US Inflation Recedes

As US inflation continues to decline, excitement is surging through the stock market. The S&P 500 SPX, -0.10% climbed above 4,500 for the first time…

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The Looming Impact: China Data Weighs On The Dollar

After experiencing its largest weekly loss of the year, the dollar dipped slightly on Monday versus a basket of currencies as traders held off on…

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Beyond Affordability: Understanding The Escalating Costs Of US Colleges

Last year, the average American saved $5,011. Thus, it would take them almost 75 years to accumulate enough money to fund the attendance of one…

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SSI And Social Security: Eligibility And Concurrent Income Options

People have always pondered if they are eligible for Social Security and Supplemental Security Income, two perks.  They are frequently thought to only be eligible…

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Elon Musk Cites Ad Revenue Declines And Heavy Debt At Twitter

Elon Musk, the CEO of Tesla and SpaceX as well as Twitter’s CTO and executive chairman, stated early on Saturday morning that the social media…

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Citigroup’s Earnings Slide 36% on Trading Slump and Growing Expenses

As a result of higher interest payments from borrowers, Citigroup (C.N) surpassed analysts’ expectations for second-quarter profit on Friday, partially offsetting a blow to its…

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US Banks Highlight Resilience Amidst Economic Slowdown And Risks

Some of the biggest US banks said on Friday that increased interest rates helped their bottom lines and painted a picture of a robust economy…

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UnitedHealth Stock Jumps After Strong Earnings Despite Mounting Medical Costs

After the health-care company posted second-quarter sales and adjusted earnings that were above Wall Street’s expectations despite growing medical expenditures, UnitedHealth Group’s stock price surged…

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Analyzing Gas Price Fluctuations During Election Years

As the 2024 election season gets underway, inflation is anticipated to remain a heated topic. The cost of gas has frequently been a key issue…

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