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The One Big Beautiful Bill raised the standard deduction to $15,000 for singles and $30,000 for couples, boosting refunds for millions of families during the 2026 tax filing season.
The IRS began phasing out paper tax refund checks in late 2025, creating an urgent challenge for roughly 12 million unbanked Americans who depend on physical checks to access their refunds.
Visa reported record fiscal Q1 revenue of $10.9 billion as US holiday spending topped $1 trillion for the first time, but average card balances climbed to $3,564 amid rising consumer strain.
Mastercard is reducing its global workforce by 4%, eliminating 1,600 positions and taking a $200 million restructuring charge as AI automates fraud detection, compliance, and customer service across the payments giant.
Average homeowners insurance premiums rose 8.5% in 2025, a significant slowdown from the 18% surge in 2024, but climate-driven catastrophe losses and insurer withdrawals signal more turbulence ahead.
US travel spending is projected to grow 2.2% in 2026 to $1.2 trillion, according to the US Travel Association, even as the job market softens and economic uncertainty rises.
The University of Michigan's February consumer survey showed year-ahead inflation expectations falling to 3.5% from 4.0%, the largest monthly decline since early 2025 and a potential turning point for the Fed.
The One Big Beautiful Bill Act introduced five new tax deductions for 2025 returns filed in 2026, including no tax on tips, overtime, and car loan interest. Here is what you need to know.
A NYC report reveals Uber Eats and DoorDash drove $554 million in delivery worker tip losses by redesigning apps to obscure tipping after minimum wage rules took effect.
Auto insurance rates are projected to rise just 1% nationally in 2026 after years of double-digit increases, but tariff-driven repair costs could push premiums up by 4%.
ACA Marketplace premiums jumped 21.7% in 2026 after enhanced subsidies expired, with the average enrollee's annual premium payments more than doubling from $888 to $1,904.
Goldman Sachs forecasts core PCE inflation will fall to 2.1% by year-end 2026, well below consensus, as the tariff-driven price surge fades and underlying inflation continues to cool.