FILE PHOTO: People walk in front of the Bank of England, following an outbreak of the coronavirus, in London, Britain March 11, 2020. REUTERS/Henry Nicholls March 20, 2020 LONDON (Reuters) – The Bank of England will offer to buy 14.1 billion pounds ($16.6 billion) of government bonds next week as […]
FAN Editor
IRS extends tax filing deadline to July 15 as coronavirus spreads, Mnuchin says
The IRS is extending the federal income tax filing deadline to July 15 as part of a growing effort to stem the financial pain from the coronavirus pandemic, Treasury Secretary Steven Mnuchin announced Friday. The move gives Americans three months more than they normally would have to file their income tax returns […]
Judge won’t free man linked to extremists over virus risk
A federal magistrate judge has ruled the risk of exposure to coronavirus in jail doesn’t warrant freeing a 19-year-old Maryland man while he awaits trial on criminal charges stemming from his membership in a violent white supremacist group By MICHAEL KUNZELMAN Associated Press March 20, 2020, 3:07 PM 4 min […]
Online videos ‘predicted’ details of outbreak
Two years ago, during a simulated meeting of the nation’s top officials, a former senator acting as the U.S. defense secretary offered a chilling assessment of a “new” deadly disease spreading across America: “We’re going to have a lot of casualties in this war against this epidemic.” One of the […]
Amazon Prime Pantry temporarily shut on demand surge
Swamped by a flood of orders by consumers hunkering down at home due to the coronavirus, Amazon is closing its Prime Pantry food-delivery service nationwide for an unspecified period of time so it can restock. “Pantry is temporarily closed. We’re busy restocking,” states a notice posted on its website, citing […]
Paper money shunned for fear of coronavirus
A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical currency, handled by tens of thousands of people over its lifetime, could be a vector for the coronavirus. Public officials and health experts have said the risk of transferring the virus person-to-person through the […]
Tax Day moved to July 15 from April 15
Americans will have an additional three months to file their taxes, with Treasury Secretary Steven Mnuchin announcing Friday that Tax Day has been shifted to July 15 from the usual April 15. The deadline delay comes as millions of people are self-isolating and millions more cope with “shelter-in-place” orders due […]
Markets are ‘very oversold,’ analyst says volatility will peak before investors see the bottom
Traders work on the floor of the New York Stock Exchange (NYSE) on March 18, 2020 in New York City. The Dow fell more than 1,200 points today as COVID-19 fears continue to roil world markets. Spencer Platt | Getty Images Markets are “very oversold,” with a lot of “forced […]
IRS will move tax filing deadline to July 15 as coronavirus spreads, Mnuchin says
Treasury Secretary Steven Mnuchin prepares to deliver remarks on the coronavirus relief package after the Senate Republican Policy luncheon in Russell Building on Tuesday, March 17, 2020. Tom Williams | CQ-Roll Call | Getty Images The IRS is moving its national income tax filing day ahead to July 15 as […]
How much you can expect to get from Social Security if you make $30,000 a year
Many workers are putting money toward retirement, whether they realize it or not. If you have a traditional job, you pay 6.2% of your salary in Social Security taxes. That number is then matched by your employer. And when you retire, you’ll be able to cash in and collect benefits […]