Tagged News

• New report shows U.S. inflation continues to soar

  December 23, 2021 9:41 AM

  Recent economic studies show that U.S. consumers are still dealing with high prices, and it does not look like inflation will slow down anytime soon. The Bureau of Economic Analysis announced Thursday that a key measure of US inflation rose 5.7% from November 2020 until November 2021. It was... more »

• Inflation, though still high, edged down in the third quarter

  November 24, 2021 9:53 AM

  Though prices across the U.S. are still higher than usual, data from the Bureau of Economic Analysis showed Wednesday that during the third quarter of the year prices eased slightly. CNN reports on this data, highlighting evidence that a key measure of inflation grew at an annualized rate of... more »

• A number of parents say IRS has yet to send September's child tax credit payment

  September 22, 2021 8:29 AM

  In late September, some families are still waiting for their third monthly child tax credit payment from the Internal Revenue Service (IRS). According to CNN , the IRS sent out the third payment on Wednesday, September 15 as scheduled, but the organization also admitted Friday that "some individuals" had... more »

• IRS: More COVID-impacted taxpayers now eligible to receive loans from retirement plans

  October 14, 2020 8:46 AM

  WASHINGTON — The Internal Revenue Service announced Wednesday that an increased number of taxpayers impacted by novel coronavirus are now qualified to receive distributions or loans from retirement plans. #COVIDreliefIRS : More taxpayers affected by COVID-19 are now eligible to take distributions or loans from retirement plans.... more »

• Report: US economy added 661,000 jobs in September, signaling a slowdown in recovery

  October 2, 2020 5:27 AM

  A report detailing the state of America's job market and economy released Friday revealed that during September, t he economy added 661,000 jobs and the unemployment rate stood at 7.9%, an indication of a further slowdown in hiring as the nation’s COVID-19 caseload increases and government financial aid decreases. ... more »