Economy

The IRS has announced that the 2024 tax season will begin on Monday, January 29, 2024, marking the start of accepting and processing 2023 tax returns. As taxpayers brace themselves for this annual financial responsibility, it's…

Republican Texas Governor Greg Abbott has reaffirmed his commitment to securing the border amid escalating tensions with the Biden administration. Abbott alluded to a strategy in an interview to keep the Texas National Guard under…

A proposed state measure that would boost the minimum wage for servers is raising the fears of restaurant owners in New York City. They highlight likely outcomes such as elevated costs for customers and the possibility of staff…

Mayor Brandon Johnson of Chicago has extended the city's sixty-day asylum seeker shelter stay restriction, protecting around two thousand refugees from impending eviction. The decision, unveiled on Monday, is intended to afford…

Colorado residents should be relieved to learn that they may be eligible for higher SNAP benefits in February, according to a recent update on benefits. The Supplemental Nutrition Assistance Program (SNAP), designed to assist…

Crypto markets experienced slight declines on Monday, with major digital currencies such as Bitcoin, Ethereum, Cardano, and Avalanche leading the downward trend. Despite this, there were notable gains over the weekend,…

On Monday, there was a notable increase in oil prices in reaction to the unfortunate death of US Marines in Jordan from an Iranian-sponsored drone attack. Global benchmark Brent oil traded up by 0.57% to reach $84.03 a barrel, while U S…

IRS Commissioner Danny Werfel recently engaged in discussions with senators regarding a troubling report concerning fraudulent claims for a COVID-era tax break. The tax break in question, known as the employee retention tax…

Beneficiaries must comprehend the nuances of the Social Security payment schedule in order to properly plan and manage their money. Generally, Social Security payments are disbursed either on the third day of each month or on the…

The Biden administration is about to take a revolutionary step as the competition for semiconductor supremacy across the globe heats up. With the aim of bolstering America's competitiveness against China, the White House is on the…

The Biden administration is looking into a new way to use diplomacy to pressure Israel into selling more weapons while the fighting in the Gaza Strip continues. According to sources within the US government, discussions are…

As tax season approaches, it is crucial for every taxpayer to stay informed about the significant enhancements implemented by the IRS. Whether you're a seasoned filer or new to the process, understanding these updates is key to ensuring…

Trump praised Texas Governor Abbott for resisting Biden's attempt to remove razor wire in a migrant corridor during a rally in Las Vegas. In a speech primarily centered on border security, Trump commended Texas for taking measures to…

The United States is about to reintroduce nuclear weapons into the United Kingdom for the first time in more than ten years, amidst rising tensions with Russia. According to classified Pentagon documents obtained by the Daily…

The US and China will participate in vital discussions to limit the flow of fentanyl into the US, marking a potential shift in their cooperation against narcotics. Leading Chinese officials have revealed that formal high-level talks…

The key to guaranteeing a smooth and continuous experience with healthcare coverage is having a thorough awareness of the complexities involved in enrolling in Medicare. The initial enrollment period for Medicare Parts A and B…

President Biden pledges swift action to secure the border with the Senate's ongoing negotiations, emphasizing the reforms as the most stringent and equitable possible. Despite bipartisan efforts, these negotiations are encountering…

President Joe Biden's reelection campaign would benefit from the Federal Reserve's favored inflation index, which further softened last month despite ongoing economic growth. Friday's government report indicated a modest 0.2% increase…

The United States government’s decision to auction off nearly $118 million worth of Bitcoin seized during the Silk Road case has garnered attention in the crypto community. However, market commentators reassure investors…

The 7.4 million individuals who rely on Social Security Disability Insurance (SSDI) should understand the monthly payment schedule. If you're among these beneficiaries, here's what you need to know about your February payment…

Tesla has issued a recall affecting nearly 200,000 vehicles in the United States due to concerns regarding malfunctioning backup cameras. The recall encompasses specific Models Y, S, and X from the 2023 model year, all equipped…

Numerous Russians have defied the extreme cold in recent days to stand in long lines to sign petitions in favor of an unlikely opponent of President Vladimir Putin. Boris Nadezhdin, a 60-year-old local legislator and academic, has…

In a stunning turn of events, Mark Hall of Rutland, Massachusetts, has emerged victorious in the Massachusetts State Lottery's Keno game, pocketing a hefty sum of $120,000. The win, however, comes with a twist. Hall managed to…

Starting next week, Kentucky's Supplemental Nutrition Assistance Program (SNAP) recipients are poised to receive a much-needed boost in their benefits.  Eligible individuals and families across the state can anticipate an increase that…

Microsoft's gaming division is amid a major shakeup, with plans to lay off approximately 1,900 employees, constituting about 9% of its workforce. This restructuring follows Microsoft's recent acquisition of Activision Blizzard,…

Residents of California have a great chance to earn a sizable one-time tax refund, which may total up to $12,076, as tax season draws closer. This attractive opportunity results from the hard work of the California Franchise Tax…

The significance of Biden's visit to Superior, Wisconsin, lies in the $5 billion federal funding package he unveiled for important infrastructure repairs, such as the aging Blatnik Bridge. This move underscores Biden's commitment to…

The US Navy deploying USS John Finn through the Taiwan Strait post the island's presidential elections sparked diplomatic tensions and support affirmations. According to the US 7th Fleet, this maneuver underscores America's commitment…

Student loan forgiveness has taken center stage in conversations across America, gaining even more traction following President Joe Biden's announcement of a groundbreaking forgiveness program. The long-awaited confirmation of the…

Elon Musk cautioned analysts during a recent earnings conference call that Chinese automakers pose a growing threat to the global EV market. Musk's concern stemmed from the potential of Chinese companies, notably BYD, to outpace their…