The cost of living adjustment for 2022 is set at 5.9% – the highest its been in decades. However, the COVID-19 pandemic and the latest highly contagious Omicron variant is wreaking havoc with the rate of recovery of the American economy which has been in one of its greatest contractions in history, as a result … Read more
New calls for the fourth round of stimulus checks in the US have gone unheeded, but it is worth noting that a variety of financial assistance packages are still available through a variety of agencies. Even though federal stimulus payments are no longer being sent, states are still offering a variety of financial incentives. According … Read more
The CPI statistics for December will be released as the Fed prepares to tighten policy in the face of rising prices. In December, the US consumer price index is estimated to have climbed at its quickest rate in over four decades, as the Federal Reserve is concerned about the possibility of rising inflation and its … Read more
The kids born in 2021 are the most recent additions to the list of those eligible for stimulus checks in 2022. According to Marca.com, anyone in the United States who had a baby in the past year will be entitled to a $1,400 stimulus check, which will appear on their tax returns for the year. … Read more
If a US Citizen receives Social Security benefits but has augmented his sources of income, it is essential to note that the expanded or provisional income can affect his taxes. However, many options can keep this income tax-free, as reported by gobankingrates.com. Provisional income comprises the sum of half your Social Security benefits, your tax-exempt interest … Read more
According to statistics from Etherscan, Tether, a stablecoin issuer, froze three Ethereum addresses on Thursday, totaling approximately $160 million in USDT. The three accounts will no longer be able to send or receive money. According to the Bloxy block explorer, Tether has blacklisted 563 addresses on the Ethereum blockchain since November 2017. Tether has previously … Read more
According to Gobankingrates.com, your debt-to-income ratio, or DTI, is one of the many factors that lenders consider when considering whether or not to lend you money. Your debt-to-income ratio (DTI) shows how much debt you have compared to your income. A larger DTI percentage is obtained when debt is combined with lower income, whereas a … Read more
In the first few weeks of 2022, the Senior Citizens League (TSCL) put pressure on Congress to pass another $1,400 one-time stimulus payment for Social Security for seniors. This is due to the confusion that has arisen in the United States as a result of an increase in Corona cases since the advent of the … Read more
According to Forbes, after passing the 3 million mark just over a week ago, signatures on an online petition demanding the federal government to award American citizens with stimulus cheques amounting to $2,000 per month for the duration of the COVID-19 outbreak are still growing. In the last week, more than 15,000 individuals joined the … Read more
According to BGR Report, in 2021, the federal government distributed a stunning monetary amount to Americans — tens of billions of dollars across more than a half-dozen stimulus packages intended to assist people in surviving the pandemic. The year-long flood of cash made 2021 a year which witnessed stimulus checks without a doubt. Even while … Read more