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Oct 11 2024FINANCE

Tax Changes: What States Are Voting On This Year?

This election season, several states are letting voters decide on new tax rules. Some states want to give childcare centers a tax break, while others hope to fight inflation by raising the minimum wage or removing taxes on daily purchases. Missouri, for instance, might exempt childcare facilities fr

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Oct 10 2024FINANCE

Big News for Social Security Recipients: What to Expect This Week

Get ready, Social Security beneficiaries! This Thursday, you'll find out how much your benefits will increase next year. Experts predict a 2.5% boost, which is less than the past two years. Last year, benefits went up by 3.2%, and in 2023, they saw a huge 8.7% increase due to high inflation. Th

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Oct 10 2024BUSINESS

Prices Rise Faster Than Expected, Jobless Claims Surge After Storm

Surprisingly, prices have been going up quicker than anyone thought in September. This unexpected rise in prices was mainly due to higher food and shelter costs, according to the Labor Department. The Consumer Price Index, which measures the cost of stuff we buy and services we use, went up by 0.2%

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Oct 10 2024FINANCE

Small Bump in Social Security Benefits for 2025

The Social Security Administration let everyone know on Thursday that there will be a 2.5% increase in their benefits for 2025. This is the smallest increase since 2021, when it was just 1.3%. This change comes after a period where inflation was high and beneficiaries saw bigger boosts in their paym

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Oct 10 2024CELEBRITIES

Anne Hathaway’s Sorry Note After Awkward 2012 Interview

Anne Hathaway made headlines recently after apologizing to a Norwegian journalist, Kjersti Flaa, for a less-than-smooth 2012 interview. The interview, part of the "Les Miserables" press tour, resurfaced online, showing Hathaway being somewhat short in her responses and declining Flaa's request to si

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Oct 09 2024FINANCE

Don't Expect Cheaper Loans Anytime Soon

The US economy looks pretty strong, but that's bad news for people hoping to borrow money at lower interest rates. Despite expectations for cheaper borrowing costs, the job market and economy are doing surprisingly well. This is a big problem for those who want to buy houses, cars, or just use their

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Oct 07 2024BUSINESS

Small Biz in Trouble: Tax Hike Looming

Inflation's been tough on Texas small businesses. Costs are skyrocketing, and owners are losing sleep over it. A recent report by the NFIB showed that supply costs jumped to the second biggest worry from twelfth in 2020. This is bad news for job creators who now face tough choices: raise prices, cut

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Oct 07 2024FINANCE

Big Budget Problem for Cook County in 2025

Cook County has a big problem on its hands. The county is looking at a $218 million budget gap next year. Why such a huge gap? Well, it's mainly because of the raises given to county employees and the increasing pension payments that come with those raises. But here's an interesting twist – this yea

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Oct 07 2024BUSINESS

Young Finance Chiefs: What's Their Secret?

Ever wondered how some finance chiefs climb the corporate ladder so quickly? Let’s take a look at three young stars who have proven their mettle in the world of business. Shawn Flores, 35, has been with Par Pacific Holdings for nearly a decade and is now its CFO. He believes in creating an efficient

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Oct 07 2024OPINION

How the US Can Learn from Europe's Privacy Laws

The EU's GDPR has been a game-changer in data privacy, but it hasn't been perfect. Some argue it's too new to judge, while others suspect it's backed by big tech. Let's explore its flaws and how the US can create a better law. The GDPR isn't just red tape; it's serious business. Look at the fines:

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