Finance
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IRS Announces Significant Penalty Relief for Millions of Taxpayers
In a significant move aimed at assisting taxpayers, the Internal Revenue Service (IRS) has announced it will be waiving approximately…
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US Economy: A Potential Recession Looms, Indicators Warn
The US economy continues to signal an impending recession. While a recession is not inevitable until it occurs, the current…
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Historic Unionization at Wells Fargo: A Turning Point for the U.S. Banking Industry
Employees at a Wells Fargo branch in Albuquerque, New Mexico, have achieved a significant milestone by voting to join a…
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Ameris Bank Settles for $9 Million in Landmark Redlining Lawsuit
The U.S. Department of Justice recently announced a significant settlement with Ameris Bank, marking a pivotal moment in the ongoing…
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Wall Street Rises as Fed Hints at Rate Cuts in 2024
Wall Street has experienced a notable rally following indications from the Federal Reserve that interest rate cuts may be on…
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Etsy Shares Fall Following Workforce Reduction Announcement
Etsy, the popular online marketplace, recently announced a significant restructuring plan that includes laying off 11% of its workforce, causing…
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Senate Passes $886 Billion Defense Bill with Troop Pay Raises and Ukraine Aid
The U.S. Senate has recently passed a significant defense policy legislation, the National Defense Authorization Act (NDAA), with a notable…
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Etsy Announces Significant Workforce Reduction Amid Restructuring
Etsy, the popular online marketplace, has announced a significant workforce reduction, laying off 11 percent of its staff, which amounts…
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Navigating the Maze of Gift Card Scams: A Shopper’s Guide to Safety
Gift card scams have become a prevalent issue, plaguing shoppers with various sophisticated tactics. In 2022 alone, Americans reported losses…
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Cigna Corp backing down from Humana deal
Cigna Corporation, a major U.S. health insurer, has called off its negotiations to acquire its rival Humana. The deal, which…
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