USA finance and funds reside updates: $2,753 month-to-month test, tax deadline 2022, gasoline stimulus test…

Headlines: Tuesday 26 April 2022

– Tuesday saw US markets drop again as investors worry about Fed moves to tackle inflation and possible Beijing lockdown.

Tesla has $126 billion wiped off of market value.

– Maine has passed a budget which will give residents $850 to deal with inflation.

– West Texas crude oil finished over $100 as Chinese central bank pledges to support economy with possible Beijing lockdown coming.

– Congress has returned from recess to take up Biden spending proposals.

– Average mortgage interest rates hit 5.1 percentforcing many to revise their housing market projections for 2022.

– Full Student Debt Cancellation has not been proposed, but the White House has canceled some borrowers’ debt. Who is affected?

Helpful links & information

– What are the nine states that do not pay income tax and why?

Missed the tax deadline? These are the penalties to be aware of.

Can federal student loans be forgiven after 10 or 25 years?

– Stimulus checks can still be claimed, if you haven’t received the federal payments.

Comments are closed.