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The IRS has lost 19,000 employees in the past year, seasonal hiring is at 2% of target, and new direct deposit requirements add complexity. Here is what to know about getting your 2026 tax refund.
Medicare Part B premiums jumped 9.7% to $202.90 per month in 2026, consuming a third of the 2.8% Social Security COLA increase and leaving millions of retirees with an effective raise near zero.
After three years of relentless premium increases that squeezed household budgets nationwide, five of America's ten largest auto insurers are cutting rates in 2026. State Farm is leading with over $1 billion in reductions.
Exactly one year after DOGE's mass federal layoffs began on February 14, 2025, former government employees share stories of new careers, relocations, and financial hardship that reveal the true cost of the largest peacetime workforce reduction in American history.
Allstate is reducing auto and homeowner premiums by an average of 17% for 7.8 million customers after more than doubling net income in 2025. Yet new rate hikes in Illinois and continued turmoil in California paint a picture of a home insurance market still far from stable.
The 2026 tax filing season is projected to deliver a record $370 billion in refunds, with the average household receiving roughly $1,000 more than last year thanks to the One Big Beautiful Bill Act's tax cuts.
U.S. retail sales rose 0.2% month over month and 5.7% year over year in January 2026, marking four consecutive months of growth. Clothing stores led all categories with 9.4% annual gains as the American consumer defied recession predictions.
Valentine's Day staples have surged 15% year over year, more than five times the rate of overall inflation. A quarter of Americans plan to take on debt to cover the cost, with chocolate, flowers, and restaurant meals all hitting record price levels.
New data shows the K-shaped economy is widening as middle-income consumers cut spending and trade down to cheaper products while affluent households spend at record levels.
Novo Nordisk's oral Wegovy pill reached 50,000 weekly prescriptions within three weeks of launch at $149 per month, transforming the GLP-1 weight loss market as Eli Lilly forecasts $80 billion in 2026 sales.
Medicare will begin covering GLP-1 weight loss drugs including Wegovy and Zepbound by mid-2026 at approximately $50 monthly copays under the new GENEROUS program, expanding access to 10% of Medicare beneficiaries with obesity.
December core retail sales unexpectedly fell 0.1% while the Employment Cost Index posted its weakest gain since 2021, signaling a meaningful consumer pullback heading into 2026.