News

a man laying in a bed with a cast on his arm

The VA just added hypertension, MGUS, male breast cancer, urethral cancer, and paraurethral cancer to the PACT Act presumptive list — veterans with those diagnoses skip the exposure-proof step

Veterans diagnosed with hypertension, monoclonal gammopathy of undetermined significance (MGUS), male breast cancer, urethral cancer, or cancer of the paraurethral glands can now file for service-connected benefits without assembling individual proof of toxic exposure during deployment. The Department of Veterans Affairs added all five conditions to its PACT Act presumptive list, shifting the burden of…

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Sutter Home Winery in St. Helena, Napa County, California. This house is the one featured on the wine labels.

Home insurance is set to rise for the 5th straight year — California faces a 16% jump and Nebraska and Louisiana households now pay over $6,000 a year

American homeowners are heading into a fifth consecutive year of rising insurance premiums, with households in disaster-prone states bearing the steepest costs. California faces a projected 16 percent jump tied to emergency rate settlements, while families in Nebraska and Louisiana already pay more than $6,000 a year. The increases reflect a collision of wildfire and…

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tax forms with dollars pen and calculator

Quarterly estimated taxes are due in 12 days — self-employed and gig workers who underpay by June 15 get hit with an 8% IRS penalty plus daily interest

Self-employed workers, freelancers, and gig-economy earners face a fast-approaching deadline: the second-quarter estimated tax installment is due June 15, 2026. Those who underpay or skip the payment entirely risk an addition to tax that is calculated as an annualized percentage of the shortfall, plus interest that begins accruing the day after the deadline and does…

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Young Asian man working with documents in surveillance center

Top bank reward checking accounts now pay 5.30% APY on the first $10,000 — but the rate drops to 0.05% any month you miss 10 debit transactions

Checking account holders who meet strict monthly spending rules can earn more than 100 times the return of those who fall short, creating a sharp divide between advertised headline rates and what most customers actually collect. Several banks now market reward checking accounts paying around 5.30% APY on the first $10,000 in deposits, a figure…

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OPEC headquarters in Vienna

OPEC+ ministers meet June 7 to decide July output — seven members already raised June production 188,000 barrels a day, the third unwind of the 2.2-million-barrel voluntary cut

Seven oil-producing countries will pump an additional 188,000 barrels per day starting in June, the third step in rolling back the 2.2-million-barrel voluntary production cut that OPEC+ members adopted to prop up prices. The group’s ministers are scheduled to reconvene on June 7 to decide whether July output will rise further, hold steady, or slow…

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Graduate hat on dollar banknotes closeup Tuition payment

The new student loan Repayment Assistance Plan launches July 1 — payments scale to AGI, drop $50 per dependent, and unpaid interest is subsidized for borrowers who pay full on time

Federal student loan borrowers with dependents and moderate incomes stand to see their monthly bills drop sharply when the Repayment Assistance Plan takes effect on July 1, 2026. Created by Public Law 119-21, which was enacted on July 4, 2025, RAP ties payments to a borrower’s adjusted gross income through a progressive percentage schedule, cuts…

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Young frustrated unhappy tired woman with financial troubles sitting at kitchen table with papers calculator and laptop computer

Ghost tax preparers refuse to sign returns or list a PTIN — and the IRS just topped the 2026 Dirty Dozen with them because the filer remains liable for every line

Taxpayers who hand their financial records to a paid preparer and receive an unsigned return are exposed to every penalty, interest charge, and audit consequence that follows. The IRS placed ghost tax preparers at the top of its 2026 Dirty Dozen list, defining them as paid preparers who prepare a return but refuse to sign…

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Mature bald bearded hipster man using phone at home in the dark

Scammers now text Social Security recipients fake “account verification” links — SSA never sends texts asking you to verify, log in, or reset benefits

Social Security recipients across the country are receiving text messages that appear to come from the federal government, urging them to click a link and “verify” their accounts. The messages look official, sometimes referencing benefit amounts or account problems, and they ask for sensitive details like Social Security numbers and dates of birth. But the…

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Young couple moving in a new home. Man and woman at the table using notebook laptop computer and plans with boxes around them

The Fed meets June 16 and 17 — markets price 97% odds of no rate cut, freezing today’s 6.28% mortgage rate and 21.5% credit card APR through the summer

Homebuyers shopping for a 30-year fixed mortgage and the tens of millions of Americans carrying credit card balances face a summer of unchanged borrowing costs. The Federal Open Market Committee is scheduled to meet June 16 and 17, and futures markets assign roughly 97 percent odds that policymakers will hold the federal-funds rate steady. With…

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Oil tankers sailing through Strait of Hormuz aerial view

Only seven ships crossed the Strait of Hormuz Friday — down from about 100 a day in normal times — as the world’s biggest oil chokepoint enters Day 94 of paralysis

Only seven ships crossed the Strait of Hormuz on Friday, a fraction of the roughly 100 vessels that pass through on a typical day. The world’s single most important oil transit corridor has now been effectively shut down for 94 days, squeezing global crude supply lines and forcing tanker operators into longer, costlier alternatives. For…

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