The IRS has had a chaotic week. The tax agency saw a swift change at the top, with Gary Shapley's appointment as acting commissioner lasting only a few days. Now, Michael Faulkender, the deputy secretary of the Treasury, will step in to lead the IRS. This is not the first time the IRS has seen lead
The landscape of credit card companies in the United States is about to change. Capital One is set to become the largest credit card issuer in the country. This is after receiving the green light from key regulators. The Federal Reserve’s Board of Governors and the Office of the Comptroll
The Consumer Financial Protection Bureau (CFPB) is facing a major overhaul. A significant number of its employees received termination notices. This move is part of a broader plan to reshape the agency, which was established to protect consumers from unfair financial practices. The CFPB has been ac
The Consumer Financial Protection Bureau (CFPB) is in a tough spot. A federal judge has put a hold on a plan to fire a huge chunk of its staff. This move comes from the Trump administration, which has been trying to reshape the bureau since taking office. The CFPB was created after the 2008 financia
The music world was left reeling when Joe Seiders, the drummer for the New Pornographers, was arrested in Palm Desert, CA. The charges? Possession of child pornography. The band, known for their indie power pop sound, quickly distanced themselves from Seiders, releasing a statement that expressed th
Medicare has rules for covering gene tests. These rules are called National Coverage Determinations. They were first put in place in 2018 and then changed in 2020. These rules are for a type of genetic testing known as next-generation sequencing. This testing looks at many genes at once. It can help
A major overhaul hit the Consumer Financial Protection Bureau (CFPB) recently. Over 1, 400 workers were let go, leaving just around 200 employees. This move came after a federal judge's temporary order was overturned, allowing the terminations to proceed. The CFPB, created post-2008 financial crisis
In a bizarre turn of events, a U. S. citizen seized control of a small plane in Belize. This incident occurred on a Thursday, leaving three people hurt. The hijacker was later shot and killed by another passenger. The plane, operated by Tropic Air Belize, had 14 people on board, including the hijack
Netflix has decided to stop sharing how many subscribers it has every three months. This change might seem odd, but the company is still doing great. In the first three months of 2025, Netflix made $10. 54 billion, which is 12. 5% more than the same time last year. Each share of the company's stock
During the COVID-19 pandemic, social distancing was a key strategy to slow the spread of the virus. This strategy relied heavily on individuals adhering to guidelines. However, it was not just personal choices that influenced whether people kept their distance. The environment played a significant r
