The IRS’ taxpayer advocate issued a notice that tens of millions of American taxpayers may be entitled to refunds or reduced penalties and interest due to the postponement of filing deadlines during the COVID-19 emergency declaration. The National Taxpayer Advocate said in a post on Thursday that refunds or abatements…
close video President Donald Trump said on Friday that the U.S. gave Spirit Airlines a final bailout proposal to aid the beleaguered carrier. Trump said, “we’re driving a tough deal,” and that “if we could do it, we’d do it. But only if it’s a good deal. He also said…
President Donald Trump said on Friday that the U.S. gave Spirit Airlines a final bailout proposal to aid the beleaguered carrier. Trump said, “we’re driving a tough deal” and that “if we can help them, we will.” He said an announcement would be coming soon.The budget airline most recently sought…
The AAA national average price for regular gas soared more than nine cents higher in one day, surging from $4.30 as of Thursday to $4.392 as of Friday. The current figure is a whopping $0.333 higher than the week-ago average price of $4.059, according to AAA. The year-ago average for…
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For the generation that should be in its “peak savings years,” the prospect of retiring on time has shifted from…
The Walt Disney Company is reportedly backing away from plans to spin off ESPN, shelving years of speculation that a…
A group of budget airlines is reportedly seeking financial assistance from the federal government that could convert to an equity…
United Airlines on Monday announced that it’s ending its pursuit of a potential merger with American Airlines after its rival…
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BAYOU LA BATRE, Alabama — Many American shrimpers are keeping their shrimp boats docked with an empty tank ahead of shrimping season as high fuel prices and tariff refunds hit the industry with a “double whammy.” Rising diesel costs — driven in part by geopolitical tensions…
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The Federal Reserve will announce its latest interest rate on Wednesday when Fed Chair Jerome Powell will host what may be his final press conference as the leader of the central bank, with his term as chairman due to expire next month. The Federal Open Market Committee (FOMC), the Fed…
The United Arab Emirates said on Tuesday that it will leave OPEC and OPEC+, effective May 1. The stunning loss of the UAE, a longstanding OPEC member, could create disarray and weaken the group, which has usually sought to show a united front despite internal disagreements over a range of…
Chevron CEO Mike Wirth warned that strain on the aviation industry could intensify in the coming weeks as jet fuel supplies tighten, driven by disruptions tied to the Iran war. Appearing Sunday on CBS News’ “Face the Nation,” Wirth said jet fuel in key regions was already at seasonally low…
Americans are facing mounting financial pressure, but even small changes to everyday habits could make a major impact on long-term wealth, one expert says. Nearly three-quarters of Americans failed to meet their savings and spending goals last year, according to a Vanguard consumer survey — highlighting nationwide financial pressure.Many households…
In the rugged, salt-sprayed hills of Malibu and the sun-drenched valleys of Moorpark, the Golden State is losing its luster. For nearly 80 years, Larry Thorne’s family has watched the Pacific fog roll over fields that feed the community, but today the view is clouded by a different kind of…
You have 60 days from your credit card statement date to dispute a charge. After that, the protection disappears.If you’ve ever spotted a charge you didn’t recognize and done nothing about it, here’s what you missed, and what to do next time.Not every complaint about a charge is the same…
As more Americans take a hands-on approach to their finances, many are weighing whether to invest in exchange-traded funds (ETFs) or mutual funds. Both offer a simple way to build a diversified portfolio of stocks or bonds, and at their core, the two investment vehicles are very similar. But key…
Treasury Secretary Scott Bessent pushed back Wednesday after Sen. Chris Coons, D-Del., suggested temporary sanctions relief for Iran has granted the country $14 billion during the war. During a fiery exchange at Wednesday’s Senate Appropriations Committee subcommittee hearing on the 2027 fiscal budget, Coons levied the charge at Bessent, noting…
Investors are flocking to actively managed exchange-traded funds (ETFs) and recently pushed the amount of assets in the investment class above a notable milestone. Actively managed ETFs surpassed $1 trillion in assets under management in the U.S., as investors look to find investment options that may outperform passive ETFs that…
Most people who delay investing aren’t doing so because they think putting their money into the markets is a bad idea. They’re stuck in front of a confusing smorgasbord of options, afraid to pile the wrong things on their plate and at least a little afraid of looking like they…
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