The IRS announced Friday that it has recently collected more than half a billion dollars from millionaire Americans who owed tax debt. The agency credited the passage of the Inflation Reduction Act for its stepped-up…
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Inflation climbed from 3.1% to 3.4% in December, a sign the Federal Reserve will continue to have to wrestle consumer price growth down to its desired 2% level. Forecasts had been for a reading of…
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Business
Alaska, United flight cancellations continue amid ongoing investigation of Boeing 737 Max 9
Alaska and United airlines announced additional cancellations in the wake of the nationwide grounding of Boeing 737 Max 9 aircraft. In a statement on its website Wednesday, Alaska Airlines said all flights originally scheduled to…
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Business
Americans grow more confident about the economy, even as the Fed’s inflation fight continues
To many consumers, it probably doesn’t feel like a big improvement. But after two years of breakneck inflation that sent the cost of everyday goods and services surging, 2023 experienced a meaningful slowdown in price…
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The IRS announced it will officially begin accepting 2023 tax returns on Monday, Jan. 29. But although official processing won’t begin until that date, the agency said filers should not wait to start working on…
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An error in how the Education Department calculates financial aid threatens to leave some U.S. students with lower subsidy amounts for their secondary schooling this fall. The mistake, first reported in December by The Washington…
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Hundreds of Alaska Airlines and United Airlines flights remained canceled Monday in the wake of the Federal Aviation Administration’s decision to ground all Boeing 737 Max 9 aircraft. According to data from tracking site FlightAware,…
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An error in how the Department of Education calculates financial aid threatens to leave some U.S. students with lower subsidy amounts for their secondary schooling this fall. The mistake, first reported in December by The…
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Boeing’s plan to get back on solid footing after a series of quality flaws in its bestselling jet suffered a near disaster when a plane panel blew out during an Alaska Airlines flight, leaving a gaping hole in row…
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Tiger Woods announced Monday he is ending his longtime partnership with Nike, leaving the brand’s future in the fast-growing sport in doubt. In a post on his social media feed, Woods thanked the ‘iconic brand’…