The arrival of tax season brings a whirlwind of activities for both taxpayers and the IRS, marking a significant time for financial planning and budget adjustments. As of January 31, the IRS has processed approximately 3.2 million refunds this year, indicating a robust start to the filing season. The average refund during these initial days
Doximity, a prominent player in the digital health sector, has made headlines with a striking 25% surge in its stock prices following the release of its third-quarter fiscal 2025 results. The company not only outperformed analysts’ revenue expectations but also set optimistic guidance for the upcoming quarters. This financial performance comes at a time when
The rental landscape in the United States is undergoing a notable shift, showcasing both benefits and challenges for renters. As of the latest January report, median asking rent prices reached $1,695, reflecting a modest decline of 0.5% since November and a more significant 1.1% drop compared to the preceding year. These numbers indicate a cooling
The carried interest loophole stands as a contentious issue within the realm of tax policy, particularly as President Donald Trump and Republican lawmakers engage in discussions to reshape the American tax landscape. This loophole allows private equity, venture capital, and hedge fund managers to benefit from preferential tax treatment on certain types of income. Specifically,
In recent years, credit card debt has emerged as a significant concern for American households. As of January 2025, the average annual percentage rate (APR) on credit cards sat alarmingly high at 24.26%, according to data from LendingTree. This situation represents more than just numbers; it encapsulates a growing financial crisis as nearly half of
In a troubling reflection of the current economic climate, credit card debt in the United States has reached an astounding $1.17 trillion as of 2024. This statistic is disconcerting not just for the average consumer, but it also touches upon high-profile individuals, including the affluent. A striking example is Robert F. Kennedy, Jr., who has
In a notable turn of events, Affirm, the buy-now-pay-later (BNPL) company, saw its shares skyrocket by 22% following the announcement of its fiscal second-quarter earnings. The results, which not only exceeded Wall Street’s revenue forecasts but also introduced a surprising profit alongside robust growth metrics, captivated investors during what has been a flourishing holiday shopping
The Super Bowl has long been the crown jewel of American sporting events and an advertising phenomenon that brands eagerly anticipate each year. With ad spots commanding prices upwards of $8 million, many advertisers believe the hefty expenditure is justified. As the Philadelphia Eagles and Kansas City Chiefs prepare to clash in Super Bowl 59,
As we move further into 2025, the landscape of artificial intelligence (AI) seems to have reached a fever pitch. The megacap technology firms, including giants like Meta, Amazon, Alphabet, and Microsoft, are vying to outspend each other in a bid to capture as much of the growing AI market as possible. With a projected combined
The world of higher education funding is facing significant transformations, particularly in the realm of Pell Grants, which are essential for many students and families seeking financial assistance for college. Recent developments within the U.S. Department of Education, particularly the implications of changes made during the Trump Administration, reveal both a sigh of relief and