Tax Refunds Are Here and Destined for the Growing Pile of Debt
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Here's how much credit card debt the average American has (and how to pay it off)
The average American is currently facing a hefty amount of credit card debt — but there are several ways to tackle it.CBS News - Top stories -
USC Cancels Main Graduation Ceremony as Arrests at Universities Pile Up
The protests that began at Columbia University have spread to other states, where students have set up encampments on campuses.The Wall Street Journal - World -
Labour pledges to renationalise most rail services within five years
Labour says its plan will improve services - but the Tories say it is "pointless" and "unfunded".BBC News - Top stories -
IG Group clients hit by refund errors
Company blames ‘technical issue’ for money being removed from accountsFinancial Times - Business -
The Americas’ Fastest Growing Companies
The FT’s fifth annual ranking of the region’s businesses by revenue growth. Plus: outsourcers tap into remote work boom; Shopify targets more growth from bigger clients; Brazil’s alternative to electric vehicles; and Vertex Pharmaceutical’s ...Financial Times - World -
Why now is a great time to consider debt relief
A debt relief service may be able to help you deal with mounting debt. Here's why now is a great time to sign up.CBS News - Top stories -
How to pay off $7,500 in credit card debt
Do you have $7,500 or more in credit card debt? Here are a few ways to pay it off quickly.CBS News - Top stories -
What to do if you are in debt and need help
What help and options are available to people struggling with debt repayments?BBC News - Top stories -
HMRC’s struggles pose ‘a threat to tax compliance’
Authority’s chief in talks with ministers over additional fundingFinancial Times - World -
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Direct File website processed more than 140,000 returns, exceeding a goal announced in March.The Wall Street Journal - World -
Putin’s War Will Soon Reach Russians’ Tax Bills
Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.The New York Times - World - Russia -
Putin’s War Will Soon Reach Russians’ Tax Bills
Russia’s president has signaled an increase in income and corporate taxes that will help finance the war. The move reflects his firm control over Russian policy.The New York Times - Top stories - Russia -
Biden Administration Targets Airfare Refunds, Baggage Fee Disclosure
Airlines automatically will need to provide cash refunds when flights are canceled and disclose fees like checked bag costs earlier in the booking process. Current rules hadn’t made it clear what the government considers a “significant” change.The Wall Street Journal - World - Joe Biden -
Biden Administration Requires Airlines to Give Automatic Refunds for Canceled Flights
The Biden administration will require airlines to automatically provide cash refunds when flights are canceled and to disclose fees like checked bag costs earlier in the booking process under two new rules.The Wall Street Journal - World - Joe Biden -
What airline passengers should know about their rights to get refunds
New Transportation Department rules could save consumers $500 million annually, Transportation Secretary Pete Buttigieg said.CBS News - Top stories -
Secretary Buttigieg unpacks new rules on airline fees and refunds
The Transportation Department announced new rules Wednesday requiring airlines to issue automatic cash refunds for flight cancelations or delays, delayed baggage returns and services like Wi-Fi or seat selection that are paid for but not provided. ...CBS News - Top stories -
Amazon Ring customers getting $5.6 million in refunds, FTC says
PayPal payments are being made to 117,044 consumers whose videos may have been accessed by unauthorized users.CBS News - Top stories - Amazon -
Ring home security customers will get refunds over security-lapse claims
The Biden administration is sending out $5.6 million in refund payments to certain Ring home security system customers after the company settled a federal complaint accusing it of security lapses.NBC News - Top stories -
In Settlement, FTC Sends $5.6 Million in Refunds to Ring Customers
The agency said the Amazon-owned video doorbell and security provider failed to keep personal data safe, leading to "egregious" privacy violations.Inc. - Business -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Why Trump really could push the U.S. to default on its debt
If Trump is elected president in November, he will face the U.S. government’s growing debt burden. He might try to resolve the issue by defaulting.MarketWatch - Business - Donald Trump -
Billionaire tax to bolster Social Security popular in swing states
Voters in swing states are overwhelmingly supportive of taxing billionaires to support Social Security benefits, a new survey found. More than three-fourths — 77 percent — of voters across seven key swing states approved of the idea of raising ...The Hill - Politics -
German and Spanish ministers among those to demand rich pay more tax
Yahoo News - World - Germany -
Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
Biden vs. GOP: Tax fight heats up ahead of election
Rhetoric is heating up on competing visions for taxes from Democrats and Republicans ahead of the 2024 election, which will determine whether the individual provisions in the 2017 Trump tax cuts are extended, modified or thrown into the ...The Hill - Politics - Joe Biden -
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Direct File website processed more than 140,000 returns, exceeding a goal announced in March.The Wall Street Journal - World -
The IRS declared its foray into online tax preparation a success and is considering expansions.
The IRS declared its foray into online tax preparation a success and is considering expansions.The Wall Street Journal - World -
College encampments grow nationwide: What students are saying
Protests calling for the divestment from Israeli military operations have continued to spread on college campuses throughout the country.ABC News - Top stories -
Blinken meets with China's Xi as differences grow
Secretary of State Antony Blinken met with China’s President Xi Jinping and other Beijing officials as differences between the two nations grow on a number of issues. Blinken said he outlined the U.S. worries with China, mentioning Beijing's ...The Hill - Politics - China -
Clean-Tech Fund Bets on Growing Demand for Batteries
Volta Energy Technologies raises $131 million in latest funding round, seeking to invest in ways to make energy storage cheaper as well as greener for consumers.The Wall Street Journal - World -
Talk of an Immigrant ‘Invasion’ Grows in Republican Ads and Speech
Once relegated to the margins of the national debate, the word is now part of the party’s mainstream message on immigration.The New York Times - Top stories -
Third witness puts Trump's financial web in spotlight
A banker's testimony allows the court to take a deep dive into the $130,000 payment made to Stormy Daniels.BBC News - Top stories - Donald Trump -
College protests against war grow as do reports of antisemitism
Protesters nationwide are demanding that their schools divest from companies they say are enabling the Israel-Hamas war as officials say outside agitators "spew hate and antisemitism."CBS News - Top stories -
Watch Fair’s Welcome Grows Even Bigger
This year Watches and Wonders Geneva added a third public day — and here are some of the new timepieces visitors have been seeing.The New York Times - Lifestyle -
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside accessABC News - Tech -
FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside accessABC News - Top stories -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is 'not in a condition to be closed.'Los Angeles Times - Entertainment -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories