The financial news that actually matters
Micron Technology shares dropped roughly a tenth of their value in a single session on June 24, 2026, the same day the chipmaker filed its third-quarter fiscal 2026 results with the Securities and Exchange Commission. The selloff came despite a year-to-date gain of about 260 percent, built almost entirely on surging demand for high-bandwidth memory…
Virginia homeowners carrying unpaid medical bills now have a statutory shield against losing their property to debt collectors. The Medical Debt Protection Act, codified as Title 59.1, Chapter 59 of the Code of Virginia, bars creditors from using foreclosure and other aggressive tactics to recover medical debt. The same law imposes a 90-day window during…
Workers who borrow against their 401(k) plans at roughly 8 percent interest often view the arrangement as painless, since the payments flow back into their own accounts. That logic holds only as long as they stay employed. When a job ends and the outstanding loan balance cannot be repaid, the IRS treats the remaining amount…
People who bought furniture from Albany Park now have until Aug. 18, 2026, to file a claim for $115 in cash or store credit under a class action settlement processed through San Diego Superior Court. The deadline, confirmed in court docket records, gives affected buyers roughly six weeks to act. Missing the cutoff means forfeiting…
Homeowners across Texas are watching their monthly mortgage bills climb, not because of rising interest rates, but because insurance premiums and property-tax assessments are pushing escrow accounts into shortfall territory. The Texas Department of Insurance has tracked county-level premium data from 2019 through 2025, and the pattern is clear: average annual homeowners insurance costs have…
Workers enrolled in high-deductible health plans face a growing share of routine medical bills out of their own pockets. Federal tax law offers one vehicle that softens that blow at every stage of the money’s life cycle: the health savings account. Under the Internal Revenue Code, HSA dollars are not taxed when contributed, not taxed…
Car insurance bills are heading in opposite directions for drivers in Iowa and New Jersey. Iowa policyholders can expect premiums to drop by roughly 6 percent, while New Jersey motorists face increases near 10 percent. The split reflects how two states with different regulatory structures and local loss conditions are producing sharply different outcomes for…
American manufacturers entered the second half of 2026 facing weaker demand and softer hiring, according to federal data released on July 2. The Bureau of Labor Statistics published its Employment Situation report for June, confirming that factory payrolls cooled alongside new orders. Separately, the Federal Reserve’s most recent industrial production figures showed manufacturing output was…
Single and head-of-household filers earning above $153,000 in modified adjusted gross income will begin losing eligibility to contribute directly to a Roth IRA for the 2026 tax year, with the door shutting entirely at $168,000. Joint filers face a narrower squeeze between $242,000 and $252,000. Those thresholds, set through the IRS’s annual inflation adjustment process,…
Federal student-loan borrowers who make their monthly payments on time stand to have their unpaid accruing interest wiped clean each month under a new repayment option from the U.S. Department of Education. The Repayment Assistance Plan, or RAP, is designed to stop balances from growing for borrowers who stay current, a problem that has trapped…