IRS Direct File won't be available next year. Here's what that means for taxpayers
Read full article: IRS Direct File won't be available next year. Here's what that means for taxpayersThe Trump administration has decided not to offer the IRS' electronic tax filing system for free next year, and its future is unclear.
Social Security recipients get a 2.8% cost-of-living boost in 2026, average of $56 per month
Read full article: Social Security recipients get a 2.8% cost-of-living boost in 2026, average of $56 per monthSome seniors say the Social Security Administration's cost-of-living adjustment won’t help much in their ability to pay for their daily expenses.
Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks
Read full article: Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucksPresident Donald Trump is putting import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.
Court finds Trump's tariffs an illegal use of emergency power, but leaves them in place for now
Read full article: Court finds Trump's tariffs an illegal use of emergency power, but leaves them in place for nowA federal appeals court has ruled President Donald Trump illegally used emergency powers to impose sweeping tariffs but left them in place for now.
Notice gas prices fluctuating every week? Here’s what it means, and how you can save money
Read full article: Notice gas prices fluctuating every week? Here’s what it means, and how you can save moneyIf you pay attention to the gas prices at your local station, you might have noticed this. On Monday morning, gas prices are less than $3 a gallon. By the afternoon, prices are on their way up again. Then, by the weekend, they’re back down below $3 a gallon. AAA says it’s most likely a gasoline retailer strategy called “price cycling.”
Social Security Administration scraps planned changes that critics said would lead to chaos
Read full article: Social Security Administration scraps planned changes that critics said would lead to chaosA new Trump administration policy that would have changed the way the Social Security Administration handles some services for recipients will not happen after all.
President Trump’s tariffs on dozens of countries are now in effect. What that means
Read full article: President Trump’s tariffs on dozens of countries are now in effect. What that meansDespite a pause by President Trump on reciprocal tariffs that were supposed to go into effect on Wednesday, his administration is still implementing a baseline 10% tariff on imports from dozens of countries, as well as a tariff on Chinese imports that is now up to 125%. Here’s what you need to know about the tariffs and what comes next.
Will the tariffs lead to a recession? Here's how to know if we're in one
Read full article: Will the tariffs lead to a recession? Here's how to know if we're in onePresident Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession.
Winter Park bike store warns customers about price increases as tariffs spin up
Read full article: Winter Park bike store warns customers about price increases as tariffs spin upAs sweeping international tariffs take effect, small businesses across Central Florida are feeling the pressure, including Winter Park Cycles, which is warning customers of potential price increases due to the rising cost of imported bicycle parts.
Backyard chickens: A fresh solution for egg lovers
Read full article: Backyard chickens: A fresh solution for egg loversA trip to the grocery store often leads to sticker shock, especially with rising egg prices. But what if you could have your own backyard chickens, providing farm-fresh, organic eggs every day?
The US Postal Service has been struggling for years. Now Trump's talking about privatizing it
Read full article: The US Postal Service has been struggling for years. Now Trump's talking about privatizing itThe U.S. Postal Service is facing an uncertain future after the resignation this week of Postmaster General Louis DeJoy and the suggestion by President Donald Trump and Elon Musk of possibly privatizing the mail service.
Can’t find eggs at the supermarket? Try a Central Florida farm
Read full article: Can’t find eggs at the supermarket? Try a Central Florida farmGrocery stores are restricting eggs and raising prices as national farms grapple with persistent bird flu outbreaks and the rising cost of feed. For Central Florida’s egg farmers, their chickens are revving up for egg-laying season, and they are trying to meet the demand.
Orange County delays medical debt relief plan amid questions about debt collection
Read full article: Orange County delays medical debt relief plan amid questions about debt collectionOrange County is delaying its plan to use American Rescue Plan funds to pay off medical debt relief after commissioners questioned how recipients would be identified.
Raise the thermostat, lower your electric bill, says Florida power companies
Read full article: Raise the thermostat, lower your electric bill, says Florida power companiesSoon some will see a lower light bill. The Orlando Utilities Commission approved a 5 percent cut to customers electric bills starting in July.
Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations
Read full article: Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locationsMacy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end.
Biden regulators target transaction declined fees, considered another type of bank ‘junk fee’
Read full article: Biden regulators target transaction declined fees, considered another type of bank ‘junk fee’The Biden administration has proposed banning another type of bank “junk fee,” targeting fees that are typically charged by banks when a transaction is declined in real time.
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GM warns some Bolt owners to park outdoors due to fire risk
Read full article: GM warns some Bolt owners to park outdoors due to fire riskGeneral Motors is telling owners of some older Chevrolet Bolts to park them outdoors and not to charge them overnight because two of the electric cars caught fire after recall repairs were made.
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German court issues split rulings over VW diesel cheating
Read full article: German court issues split rulings over VW diesel cheatingBERLIN – A German appeals court has ruled in several lawsuits against automaker Volkswagen, saying consumers who unknowingly bought cars with software installed to cheat diesel emissions tests deserve compensation but those who purchased them later don’t. The Stuttgart appeals court ruled Thursday plaintiffs could demand repayment of the purchase price, minus a portion for usage, for cars bought between 2013-2015. The scandal came to light when U.S. authorities announced the violation in September 2015. It has cost Volkswagen some 30 billion euros ($33 billion) in fines, recalls and settlements, and several former executives have faced legal repercussions. The court rejected damage claims from plaintiffs who purchased vehices in 2016, saying Volkswagen’s announcements after the scandal broke were “sufficient in content and scope to inform the public.”The rulings can be appealed.