As the 2025 tax cliff looms closer, both President Joe Biden and former President Donald Trump have vowed to extend expiring tax breaks for most Americans. However, the issue at hand is how to finance these extensions. Trillions of dollars in tax breaks introduced by Trump through the Tax Cuts and Jobs Act of 2017
Apple device users will soon have access to buy now, pay later loans through Affirm, as announced by both companies. This collaboration is set to enhance the payment options available to iPhone and iPad users in the U.S. by integrating Affirm into Apple Pay later this year. The introduction of this feature aims to combine
The Supplemental Security Income (SSI) program, designed to support people with disabilities and older adults, has been in place for 50 years. However, the maximum monthly benefit in 2024 is $943 for individuals and $1,415 for couples. This average benefit amount of $698 falls well below the federal poverty level of $1,255 for individuals. With
Buying a home in the U.S. has always been considered a significant financial step, but what many fail to realize is the true cost of keeping and maintaining a home. The hidden costs of homeownership are often overlooked, adding up to an average of $18,118 annually or $1,510 per month, according to a report by
An investigation is currently underway by a federal court-appointed watchdog, Neil Barofsky, to monitor the United Auto Workers (UAW) and eliminate corruption within the organization. The focus of the investigation is on whether UAW President Shawn Fain abused his power and engaged in corrupt practices. Barofsky accuses Fain and other union leaders of obstructing the
As an American living and working abroad, it is essential to be aware of the upcoming tax deadline. The regular tax deadline was on April 15 for most taxpayers, but there is an automatic two-month extension for those who live outside the country, including U.S. citizens, resident aliens, and dual citizens. This extension means that
The recent recommendation by a panel of independent advisors to the Food and Drug Administration (FDA) in favor of Eli Lilly’s Alzheimer’s drug donanemab marks a significant step in addressing the unmet medical need for effective treatments for Alzheimer’s disease in the United States. The FDA typically follows the recommendations of its advisory panels, although
The decline in GameStop shares by approximately 12% on Monday can be seen as a significant setback for the company. After experiencing a substantial drop of nearly 40% on Friday alone, the stock price fell to around $25 per share. This decline can be attributed to a combination of factors, including a disappointing earnings report
As we navigate through the current state of the stock market, it is crucial to understand the key elements that have historically led to market crashes. Firstly, a bubble-like stock market is often a breeding ground for crashes. The Panic of 1907 and the crash of 1929 both followed significant rallies in the Dow Jones
The transformation of Splash Mountain into Tiana’s Bayou Adventures marks a significant milestone in Disney’s efforts to modernize its theme park experiences. With a reimagined storyline featuring characters from “The Princess and the Frog,” this revamped attraction promises to immerse guests in the vibrant world of New Orleans. The addition of new music, animatronics, and