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Finance approves Long to lead IRS
Former Rep. Billy Long (R-Mo.) is one step closer to taking over as IRS commissioner. The Senate Finance Committee voted 14-13 along party lines to approve Long’s nomination to lead the tax-collecting agency. The former auctioneer is up for the job after the previous IRS commissioner, Danny Werfel, stepped down when it became clear the…
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Trump tariffs live updates: Trump hikes steel and aluminum tariffs to 50%, spares UK
Activity in the services sector has fallen into contraction for the first time in a year. The Institute for Supply Management’s Services PMI registered a reading of 49.9 in May, below the 51.6 seen in April and lower than the increase to 52 economists had expected. Readings above 50 for this index indicate an…
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Education Department halts plans to garnish Social Security benefits for defaulted student loans
Social Security recipients who are behind on their student loans can breathe a sigh of relief — for now. The US Department of Education said it’s pausing plans to garnish Social Security benefits from people with student loans in default. The department previously announced in April that it would begin collections as soon as…
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PayPal’s New Credit Card Offers Interest-Free Financing for Travel. But Watch Out for This Pitfall
<!–> PayPal/CNET If you’ve got your eye on travel this summer, PayPal’s new credit card – a physical version of its digital credit line, called the PayPal Credit Card – can help you spread the cost out over several months. –> The PayPal Credit Card, which lets you finance purchases over $149, will be…
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Lisbon residents concerned about solutions to town’s $2.4 million financial error
LISBON (WGME) – A Lisbon Town Council meeting was packed with people worried about a potential tax increase Tuesday night.This comes after an auditing firm reviewing the town’s finances discovered a multi-million-dollar error.Now some are worried they’ll be forced to foot the bill to get the budget back on track.Residents want an investigation done, and…
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VCI Global Issues 2025 Financial Guidance with Strong Growth Outlook
VCI Global Limited Targets 41% Revenue Growth, 30% Profit Growth, and a Q3 2025 IPO of Its Capital Markets Subsidiary KUALA LUMPUR, Malaysia, June 03, 2025 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified global holding company with a strategic focus on AI & Robotics, Fintech, Cybersecurity,…
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Wells Fargo’s asset cap lifted by the Fed: What this means
00:00 Speaker A Dave, while we have you, some breaking news on your very beat, Wells Fargo, what’s the latest there? 00:08 Dave Yeah, so uh a key growth restriction, probably the most onerous thing that can happen to a large uh federally uh chartered bank um was removed. This was a part of a…
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State officials will suspend MPS funding again over late financial reports
State officials will withhold another payment to Milwaukee Public Schools because the district missed an extended deadline for submitting financial reports May 30, Wisconsin Department of Public Instruction Deputy State Superintendent Tom McCarthy said June 3.It’s not yet clear how much money will be withheld or what the district will have to do to recoup…
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Some Americans using ‘buy now, pay’ later apps to finance groceries and bills
IE 11 is not supported. For an optimal experience visit our site on another browser.June 3, 202511:14GOP divided on Trump’s megabill, Musk calls it ‘disgusting abomination’10:35Second round of direct Russia-Ukraine peace talks falls short04:03Now PlayingSome Americans using ‘buy now, pay’ later apps to finance groceries and bills11:14UP NEXTThe Atlantic digs into the ‘secret history’ of…
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‘Deceitful scheme’: Celebration Pointe investor sues owner, financial advisor following bankruptcy
GAINESVILLE, Fla. (WCJB) — A newly filed lawsuit compares the schemes of famous fraudsters Charles Ponzi and Bernie Madoff to a woman’s investments in the Celebration Pointe plaza project.Patricia Shively, 74, claims she was misled into investing and guaranteeing loans worth hundreds of millions of dollars for the project. With Celebration Pointe filing for bankruptcy…
