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Showing posts with the label economy-news

Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan: reports

Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan: reports Spirit Airlines is facing renewed financial pressure as rising fuel costs threaten to complicate its efforts to exit bankruptcy, adding uncertainty to its restructuring plan, according to reports. The... Read more: https://worldnewsguru.us/economy-news/rising-fuel-costs-threaten-spirit-airlines-bankruptcy-exit-plan-reports Originally published on World News Guru

Average monthly mortgage payment hits new high, topping $2K for first time ever

Average monthly mortgage payment hits new high, topping $2K for first time ever Outstanding mortgage payments reached a new high at the end of last year when the typical mortgage holder's monthly payment exceeded $2,000 for the first time.While the average monthly payment for new... Read more: https://worldnewsguru.us/economy-news/average-monthly-mortgage-payment-hits-new-high-topping-2k-for-first-time-ever Originally published on World News Guru

Tax refunds are bigger than ever this year, but residents of 5 states are cashing in the most

Tax refunds are bigger than ever this year, but residents of 5 states are cashing in the most Americans are facing a midnight deadline to file their 2025 tax return, but the refunds that await the majority of taxpayers are larger on average than a year ago with taxpayers in certain states rece... Read more: https://worldnewsguru.us/economy-news/tax-refunds-are-bigger-than-ever-this-year-but-residents-of-5-states-are-cashing-in-the-most Originally published on World News Guru

Tax Day is here: Advice for last-minute filers racing against the clock

Tax Day is here: Advice for last-minute filers racing against the clock The tax filing deadline for 2025 tax returns is here, with taxpayers having until just before midnight on April 15 to file their returns or request an extension.Last-minute tax filers racing against t... Read more: https://worldnewsguru.us/economy-news/tax-day-is-here-advice-for-lastminute-filers-racing-against-the-clock Originally published on World News Guru

White House study says DEI policies cost US economy by promoting unqualified managers

White House study says DEI policies cost US economy by promoting unqualified managers The White House released a study on Monday that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth.The authors... Read more: https://worldnewsguru.us/economy-news/white-house-study-says-dei-policies-cost-us-economy-by-promoting-unqualified-managers Originally published on World News Guru

350k supplements recalled for packaging flaw that poses ‘serious injury or death’ risk to children

350k supplements recalled for packaging flaw that poses ‘serious injury or death’ risk to children More than 350,000 vitamins and supplements were recalled due to incorrect packaging, which federal regulators said poses a "risk of serious injury or death" to children.New Jersey-based Vitaquest Inte... Read more: https://worldnewsguru.us/economy-news/350k-supplements-recalled-for-packaging-flaw-that-poses-serious-injury-or-death-risk-to-children Originally published on World News Guru

How to file a tax extension before the April 15 deadline

How to file a tax extension before the April 15 deadline The deadline to file 2025 tax returns is looming on Wednesday, April 15, and while tens of millions of taxpayers have filed their returns, there will likely be millions filing extensions to give thems... Read more: https://worldnewsguru.us/economy-news/how-to-file-a-tax-extension-before-the-april-15-deadline Originally published on World News Guru

Time to ditch AI anxiety — experts say there’s a lot less to fear than we think

Time to ditch AI anxiety — experts say there’s a lot less to fear than we think More than two thousand years ago, Greek philosopher Heraclitus of Ephesus coined the phrase, "Change is the only constant." That observation has remained true since his death, but now change is happen... Read more: https://worldnewsguru.us/economy-news/time-to-ditch-ai-anxiety-experts-say-theres-a-lot-less-to-fear-than-we-think Originally published on World News Guru

Beware of these tax scams as the filing deadline approaches, Congress warns

Beware of these tax scams as the filing deadline approaches, Congress warns The bipartisan leaders of Congress' Joint Economic Committee are sounding the alarm about tax season scams that fraudsters may look to use on unsuspecting taxpayers as filing season winds down.Taxpaye... Read more: https://worldnewsguru.us/economy-news/beware-of-these-tax-scams-as-the-filing-deadline-approaches-congress-warns Originally published on World News Guru

These 8 US housing markets favor buyers

These 8 US housing markets favor buyers The climate of the U.S. housing market for buyers varies around the country, and a new report suggests there are currently only eight metro areas that are truly buyer's markets.The economist research ... Read more: https://worldnewsguru.us/economy-news/these-8-us-housing-markets-favor-buyers Originally published on World News Guru

Inflation surged in March as Iran war's energy impact hit consumers

Inflation surged in March as Iran war's energy impact hit consumers This story on the March 2026 CPI inflation report is developing and will be updated with further details.Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the... Read more: https://worldnewsguru.us/economy-news/inflation-surged-in-march-as-iran-wars-energy-impact-hit-consumers Originally published on World News Guru

5 common mistakes that could be costing American taxpayers thousands of dollars every year

5 common mistakes that could be costing American taxpayers thousands of dollars every year Tax season is closing in on the April 15 deadline to file your return or request an extension and a new report details some common mistakes that Americans are making throughout the year that are costi... Read more: https://worldnewsguru.us/economy-news/5-common-mistakes-that-could-be-costing-american-taxpayers-thousands-of-dollars-every-year Originally published on World News Guru

Fed's favored inflation gauge remained elevated in February, delayed report shows

Fed's favored inflation gauge remained elevated in February, delayed report shows This story about the February 2026 PCE inflation is developing and will be updated with more details.The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers c... Read more: https://worldnewsguru.us/economy-news/feds-favored-inflation-gauge-remained-elevated-in-february-delayed-report-shows Originally published on World News Guru

USPS halts pension contributions after warning of looming cash crisis

USPS halts pension contributions after warning of looming cash crisis The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday.The move, which affects the F... Read more: https://worldnewsguru.us/economy-news/usps-halts-pension-contributions-after-warning-of-looming-cash-crisis Originally published on World News Guru

Property tax burden on Americans climbs as home values dip, new data shows

Property tax burden on Americans climbs as home values dip, new data shows American homeowners around the country are feeling the squeeze of higher property taxes, with new data showing that the property tax burden rose last year.Data from analytics firm ATTOM showed that th... Read more: https://worldnewsguru.us/economy-news/property-tax-burden-on-americans-climbs-as-home-values-dip-new-data-shows Originally published on World News Guru

Amazon disrupting itself, rebuilding customer shopping experience around AI from ground up

Amazon disrupting itself, rebuilding customer shopping experience around AI from ground up Amazon is signaling a major shift in how it plans to serve customers, starting with rewriting parts of its own playbook.CEO Andy Jassy released his annual letter to shareholders on Thursday, writing t... Read more: https://worldnewsguru.us/economy-news/amazon-disrupting-itself-rebuilding-customer-shopping-experience-around-ai-from-ground-up Originally published on World News Guru

Mortgage rates fall for first time in weeks after US-Iran ceasefire

Mortgage rates fall for first time in weeks after US-Iran ceasefire Mortgage rates fell this week after President Donald Trump announced a two-week ceasefire between the U.S. and Iran, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Mark... Read more: https://worldnewsguru.us/economy-news/mortgage-rates-fall-for-first-time-in-weeks-after-usiran-ceasefire Originally published on World News Guru

Is grocery relief a myth? Why coffee and beef prices are erasing your savings at the checkout

Is grocery relief a myth? Why coffee and beef prices are erasing your savings at the checkout Americans are facing a tale of two grocery lists.While some prices are cooling, the items families rely on most for energy and nutrition — meat and coffee — are seeing sharp increases that wipe out an... Read more: https://worldnewsguru.us/economy-news/is-grocery-relief-a-myth-why-coffee-and-beef-prices-are-erasing-your-savings-at-the-checkout Originally published on World News Guru

US economy grew at 0.5% in fourth quarter

US economy grew at 0.5% in fourth quarter This story about the fourth-quarter GDP report is developing and will be updated with more details.The U.S. economy grew at a slightly slower pace than expected in the fourth quarter, according to the... Read more: https://worldnewsguru.us/economy-news/us-economy-grew-at-05-in-fourth-quarter Originally published on World News Guru

Fed official says interest rate hike possible as gas prices, inflation remain elevated

Fed official says interest rate hike possible as gas prices, inflation remain elevated A Federal Reserve policymaker is warning that it could make sense to raise interest rates if inflation remains elevated above the Fed's 2% target amid uncertainty over the duration of the oil and gas ... Read more: https://worldnewsguru.us/economy-news/fed-official-says-interest-rate-hike-possible-as-gas-prices-inflation-remain-elevated Originally published on World News Guru