Money
- BusinessAssociated Press Finance
IRS acts to address wide disparity in audit rates between Black taxpayers and other filers
The IRS said Thursday that it has taken steps to address a wide disparity in audit rates between Black taxpayers and others filers, and is more closely examining the returns of larger numbers of wealthy people and major companies. “We are overhauling compliance efforts to advance our commitment to fair, equitable, and effective tax administration and hold ourselves accountable to taxpayers we serve," according to an annual update from the agency. A study from January 2023 involving university
3 min read - NewsUSA TODAY
Woman wins $1 million scratch-off lottery prize twice, less than 10 weeks apart
Christine Wilson, an Attleborough resident, won $1 million on two scratch-off ticket games within 10 weeks, the Massachusetts Lottery said.
2 min read - BusinessUSA TODAY
White job candidates are more likely to get hired through employee referrals. Here's why.
Do employee referrals hurt diversity? White candidates are almost twice as likely to get hired as those from other racial and ethnic backgrounds.
5 min read - BusinessUSA TODAY
Why the best high-yield savings account may not come from a bank with a local branch
In an era of historically high interest on savings accounts, many of the best rates come from banks that don't have a branch at the local strip mall.
6 min read - BusinessAssociated Press Finance
Average long-term US mortgage rate rises for again, reaching highest level more than five months
The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what's typically the housing market's busiest stretch of the year. The rate rose to 7.22% from 7.17% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers.
3 min read - BusinessYahoo Finance
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
The rate of the popular 30-year fixed mortgage hit 7.22% this week, causing some buyers to turn to adjustable-rate loans.
4 min read - CelebrityUSA TODAY
Matthew and Camila McConaughey go pantsless again for Pantalones tequila promotion
Matthew McConaughey and wife Camila Alves ditched their pants in a new ad for Pantalones Organic Tequila in honor of "No Pants Day."
2 min read