Finance

In 2017, a data breach at Equifax exposed the private information of 147 million Americans, marking one of the largest data security failures in history. Now, affected individuals who previously filed valid claims may be eligible for additional settlement payments due to leftover funds from the $425 million settlement. Here’s everything you need to know Continue reading

As the year draws to a close, it’s the perfect time to take a step back and reflect—not just on personal achievements, but also on your financial journey. Amid rising costs of living and stagnant wage growth, many individuals find themselves feeling financially stretched. A recent survey from Bank of America revealed that nearly half Continue reading

With tax season just around the corner, the IRS is preparing to process returns for the 2024 tax year starting in late January 2025. Alongside this, the IRS has introduced new tax brackets and standard deductions that will impact millions of taxpayers in the United States. These annual adjustments, aimed at accounting for inflation, ensure Continue reading

The United States is stepping up its fight against counterfeit currency with a series of redesigned dollar bills set to roll out by 2025. These updates are part of the country’s ongoing efforts to ensure the security and integrity of its banknotes, which are recognized worldwide as a leading global reserve currency. Currently, the seven Continue reading

The Social Security Administration (SSA) has come under fire for a massive error uncovered by the Office of the Inspector General (OIG). Over $22.8 million was mistakenly disbursed to unintended recipients due to flaws in the Electronic Representative Payee System (eRPS). This misstep has thrown the financial stability of thousands of Americans into disarray and Continue reading

The IRS has announced its revised tax brackets for 2025, bringing much-needed relief to millions of Americans grappling with inflation. These changes are designed to protect taxpayers from “bracket creep,” ensuring that small income increases don’t push people into higher tax rates. Whether you’re a wage earner or a retiree relying on Social Security, these Continue reading

As Donald Trump begins his second term, the retirement landscape remains heavily influenced by policies introduced during his previous presidency. These initiatives—spanning tax reforms, Social Security funding, and retirement savings accounts—have far-reaching implications for current and future retirees. Understanding how these policies could evolve is critical for retirees to navigate opportunities and challenges effectively. Here Continue reading

Costco has delivered a promising start to the holiday shopping season, reporting net sales of $61 billion for the first quarter of fiscal 2025, up 7.5% from $56.7 billion a year ago. The members-only warehouse giant attributed this growth to a mix of seasonal buying, membership fee increases, and strong customer traffic, as revealed in Continue reading

Elekta Inc. and Northwestern Memorial Healthcare (NMH) have agreed to a significant $8.9 million settlement in response to a 2021 data breach that compromised sensitive patient information, including genetic data. If you were affected by this breach, you may be entitled to cash reimbursement and pro-rata payments. Here’s everything you need to know about the Continue reading

The IRS has announced a significant boost for families across the nation: the Child Tax Credit, which could mean a direct payment of up to $3,600 per child. Designed to ease the financial burden of raising children, this tax credit can make a real difference for families struggling to make ends meet. Here’s everything you Continue reading