With the 2023 tax season coming to an end in just a few weeks, the Internal Revenue Service is reminding taxpayers to brace for a smaller refund this year. The IRS said that it has issued about 53 million refunds as of March 17, worth a collective $158.1 billion. The […]
FOX Business News
Rising number of Americans choose bankruptcy to deal with unmanageable debt: report
A growing number of Americans, still reeling from the financial strain of the COVID-19 pandemic, are no longer benefiting from government relief efforts and are increasingly choosing bankruptcy to deal with unmanageable debt, according to a recent American Bankruptcy Institute (ABI) report. An end to federal pandemic aid coupled with continued […]
Cost of Ivy League colleges climb over $80K in 2023
The cost of attending an Ivy League institution in the upcoming academic year will be more expensive than ever as prices climb close to $90,000 a year. The eight Ivy League schools in the northeast U.S. have seen tuition and other fees pile up over the years, and even with […]
Lawmakers mull raising FDIC deposit insurance cap in wake of SVB bank run
Federal lawmakers charged with overseeing the U.S. banking industry say it may be time to take a look at hiking the deposit amount the Federal Deposit Insurance Corporation (FDIC) covers, after a panic by uninsured depositors fueled a run on Silicon Valley Bank earlier this month. But regulatory experts are […]
Dr. Ben Carson shreds blue states for ‘dumbing down’ nations’ schools: Children are not being educated
Democrat-led states should be tired of their lousy school performance and, instead, take note of what one red state has done to help their students succeed and excel, according to former U.S. Housing and Urban Development Secretary Dr. Ben Carson. “They looked at 23 public schools in Baltimore City to […]
Accountants’ salaries are rising, but it may not add up to more accountants
The salaries offered to U.S. accountants and auditors last year climbed at their quickest pace in recent years, but industry observers say increasing pay alone may not be enough to remedy a national shortage of accountants. Fewer people are pursing degrees in accounting and starting new jobs in this area, […]
New York City cracking down on illegal weed shops
As the number of legal recreational marijuana locations in New York City increase, law enforcement is racing to stamp out over 1,400 suspected illegal locations. Since New York decriminalized marijuana, the process to get an operating license has lagged behind, giving entrepreneurs about two years to open up illicit shops […]
Stuart Varney: Honesty in the Biden administration is sadly lacking
During his “My Take,” Wednesday “Varney & Co.” host Stuart Varney called out the Biden administration’s penchant for blaming Republicans for the crises they created, arguing the president’s “maximum political spin” is a form of dishonesty that makes him less credible and turns people off. STUART VARNEY: When you have […]
Pope Francis declares AI learning ‘positive’ to ‘future of humanity’ if used ‘ethically & responsibly’
During a recent science and technology summit at the Vatican, Pope Francis claimed that artificial intelligence and machine learning technology will be a boon for human development, provided that researchers and engineers act “responsibly” and in awareness of human dignity. “From this perspective, I am convinced that the development of […]
Adidas won’t object to Black Lives Matter group’s trademark application for logo
Adidas AG, in a reversal, will no longer object to a trademark application filed by the Black Lives Matter Global Network Foundation (BLMGNF) for a logo the sportswear company had previously claimed would be “confusingly similar” to the one it uses. In the logo in question, there are a trio […]