Finance
The IRS Pulls the Plug on Free Tax Filing
The Internal Revenue Service’s (IRS) decision to discontinue its Direct File electronic tax filing program for the 2026 tax season marks a significant shift in...
How Rising Household Debt is Shaping the U.S. Financial Landscape
Americans’ household debt has reached a new record, clocking in at $18.59 trillion during the third quarter of 2025, according to the Federal Reserve Bank...
Why Rising Business Loan Demand Challenges Federal Reserve’s Rate Cut Plans
Businesses in the United States have recently taken on significantly more loans, according to the latest Federal Reserve data, a trend that is creating challenges...
The Growing Impact of Penny Scarcity on Businesses and Banks
The United States is currently facing a growing shortage of pennies that is starting to affect everyday commerce across the country. As the holiday shopping...
What the New Bank Merger Means for Local Communities and Customers
First Mid Bancshares Inc (NASDAQ: FMBH) is stepping up its game with a deal to merge with Two Rivers Financial Group Inc (OTCQX: TRVR), expanding...
Fed Trims Key Rate Amid Growing Concerns Over U.S. Job Growth
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, making it the second rate cut this year...
The Economic Consequences of the Government Shutdown on Contracting Firms
Thousands of businesses that contract with the federal government are losing roughly $3 billion every week as the government shutdown continues, according to a report...
Energy Stability and Technology Investments Fuel U.S. Economy
The latest data available shows the U.S. economy growing at a solid pace, with GDP increasing by 3.8% in recent reports. This growth reflects a...
Rising Missed Payments for Car Loans Puts Pressure on Lower Income Americans
Inflation and a challenging job market are increasingly placing strain on lower-income Americans trying to keep up with their car loan payments. Recent data indicates...
U.S. Mortgage Rates Drop Near Their Lowest Level This Year
The average rate on a 30-year U.S. mortgage has dropped to 6.27%, slipping slightly from 6.3% last week and inching closer to its lowest level...
