Search

IRS expects to collect hundreds of billions more in overdue and unpaid taxes thanks to new funding 02/06/2024 10:02pm • WASHINGTON (AP) — The IRS is poised to take in hundreds of billions of dollars more in overdue and unpaid taxes than previously anticipated, according to new analysis released Tuesday by the Treasury Department and the IRS. Tax revenues are expected to rise by as much as $561 billion from 2024 to Everything You Need to Know about PayPal Pay In 4 02/06/2024 07:00pm • If you've shopped online at Apple, Best Buy or another major retailer, you may have seen the option to select PayPal Pay in 4 at checkout. Pay in 4 is PayPal's buy now, pay later service that lets you spread out the cost of an online purchase over about six weeks. This financing option, also called 7 Best Silver ETFs to Buy 02/06/2024 07:00pm • What common thread ties together industries as diverse as jewelry, automotive, solar and electronics? The answer is silver, a versatile metal that plays a crucial role across these industries due to its unique combination of properties: electrical conductivity, reflectivity, ductility and malleabili How private equity is changing the global soccer landscape with big investments in clubs and leagues 02/06/2024 06:58pm • MADRID (AP) — Atletico Madrid is revamping its training facilities. Sevilla and Valencia are rebuilding their stadiums. Sporting Gijon is expanding its youth academy. Spanish clubs this week are meeting to showcase and discuss projects funded by their shares of the $2.1 billion that private equity Former top prosecutor for Baltimore convicted of mortgage fraud 02/06/2024 06:41pm • GREENBELT, Md. (AP) — A former top prosecutor for the city of Baltimore was convicted Tuesday on one count of mortgage fraud, concluding a lengthy criminal trial in which Marilyn Mosby testified she unwittingly made false statements on loan applications to buy two Florida vacation homes. The jury Bank plans to auction posh property owned by West Virginia Gov. Jim Justice to repay loans 02/06/2024 06:40pm • CHARLESTON, W.Va. (AP) — A Virginia bank that is seeking to recover more than $300 million in longstanding unpaid business loans to the family of West Virginia Gov. Jim Justice is planning to auction off land at a sporting club located at the governor’s posh resort. Carter Bank & Trust of Ma Sri Lankan Cabinet minister resigns after being arrested in a counterfeit drugs scandal 02/06/2024 05:44pm • COLOMBO, Sri Lanka (AP) — A Sri Lankan Cabinet minister has resigned after being arrested in a scandal over the government's alleged purchase of counterfeit drugs during the country's economic crisis. A government statement Tuesday confirmed that Environment Minister Keheliya Rambukwella, who prev Small business acquisitions leveled off in 2023 as interest rates climbed, but 2024 looks better 02/06/2024 03:36pm • NEW YORK (AP) — Is it a good time to sell your small business — or maybe buy one? Small business acquisitions were up and down in 2023, reflecting the increase in interest rates that threw a chill into the market. But a strong fourth quarter, helped by a signal from the Federal Reserve that it w Why now is a crucial time to pay off credit card debt 02/06/2024 11:54am • NEW YORK (AP) — For Americans who lacked savings prior to the pandemic, financial stress is rising. A combination of inflation, increased interest rates, and the end of pandemic-tied relief, such as the moratorium on student loan payments, has led to record credit card debt, experts say. In the f How to Start Investing and Saving for Retirement With Little Money 02/05/2024 07:00pm • Americans often have the misconception that they need a loaded bank account to invest in the stock market. That's not the case. While stocks such as Warren Buffett's Berkshire Hathaway Inc. (ticker: BRK.A, BRK.B) cost about $590,000 per share, there are plenty of other stocks, bonds and funds that r Some Americans have become saddled with credit card debt as rent and everyday prices remain high 02/05/2024 12:07pm • NEW YORK (AP) — While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card balances after battling inflation for more than two years. Experts worry that members of these groups -- mostly lower- and middle-income Americans, who tend t This Week: Ford earnings, consumer borrowing and PepsiCo results 02/05/2024 01:00am • A look at some of the key business events and economic indicators upcoming this week: SPORTLIGHT ON FORD Ford reports its fourth-quarter results Tuesday. Wall Street expects that the automaker will report that its earnings and revenue declined in the October-December quarter versus a year earlier. T Asked if he supports RNC chairwoman, Trump suggests there will 'probably be some changes made' 02/04/2024 01:10pm • NEW YORK (AP) — Former President Donald Trump issued a warning to the Republican National Committee's chairwoman in an interview aired Sunday, saying when asked about her that there would "probably be some changes made." Trump had been asked by Fox News host Maria Bartiromo about Ronna McDaniel, w Debt-laden Sri Lanka marks Independence Day with Thai prime minister as guest of honor 02/04/2024 03:18am • COLOMBO, Sri Lanka (AP) — Thai Prime Minister Srettha Thavisin was the guest of honor at Sri Lanka’s 76th Independence Day celebrations on Sunday, as the island nation struggles to emerge from its worst economic crisis. Srettha joined Sri Lankan President Ranil Wickremesinghe at a low-key ceremo Oklahoma's oldest Native American school, Bacone College, is threatened by debts and disrepair 02/04/2024 12:01am • MUSKOGEE, Okla. (AP) — The hallways of Bacone College are cold and dark. In the main hall, there are no lectures to be heard, only the steady hum of the space heater keeping the administrative offices warm. Students aren't attending classes here this semester, but work still needs to be done. In t