Martinprescott | E+ | Getty Images Millions of older adults who are behind on their student loans could soon receive a smaller Social Security benefit. That was the warning from Democratic lawmakers, including Sen. Elizabeth Warren, D-Mass., and Sen. Ron Wyden, D-Ore., in a recent letter to the Biden administration. “When borrowers are in collections, … Read more
Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images Slowly but surely, recessionary talk is dying down and confidence in the Federal Reserve is picking up. Last week, the central bank held its benchmark … Read more
Payment and reporting dates over the Easter long weekend are set to shift for Centrelink customers. The revised dates accommodate for branch closures affecting processing times and face-to-face appointments. Centrelink branches across Australia will be closing for the Good Friday public holiday on March 29 and the Easter Monday public holiday on April 1. Newsletters: … Read more
The Mega Millions jackpot grew to more than $1.6 billion on Aug. 9, 2023. Justin Sullivan | Getty Images State taxes can be hefty “None of these winners think about taxes until they have a third of it going right to Uncle Sam and the state government,” said Andrew Stoltmann, a Chicago-based lawyer who has … Read more
Filippobacci | E+ | Getty Images If your home boasts certain trendy outdoor features, you may be able to sell it for more in today’s market. At the top of the list is outdoor TVs, which may help raise the home sale price to 3.1% more than expected, representing a $10,749 boost based on the … Read more
Maria Korneeva | Moment | Getty Images The Biden administration has set a key deadline for student loan borrowers hoping to get forgiveness. Those with multiple federal student loans who request a consolidation by April 30 — which will leave them with one, larger loan — could benefit from the U.S. Department of Education’s overhaul … Read more
IKEA Australia is set to drop the prices on more than 700 items by up to 20 per cent. Prices on a range of products including furniture, lighting, textiles and storage will have prices lowered from Tuesday. The prices of more than 2500 items have been dropped in the past 12 months, in a response … Read more
ANZ has agreed to pay $57.5 million to settle a class action lawsuit alleging customers were charged interest on credit card purchases that should have been interest-free. The class action claim, brought by Phi Finney McDonald, alleged ANZ’s credit card interest terms were unfair because they enabled the bank to retrospectively cancel customers’ interest-free periods. … Read more
Harshvardhan Roongta, CFP, Roongta Securities, says “do not invest in any product to save tax. It is not about insurance or any other investment product. You have to look at the merit of that product. You should ask yourself a question any time that you are going to be looking at investing; would you invest … Read more
Even before the digital age and the explosion of dating apps changed the game, one question has long been up for debate: Who pays for the first date? The question has historically brought to light a discussion about gender roles and equality. But in a country that is decreasingly heterosexual and increasingly economically equal among … Read more
