A new class action lawsuit claims Santander Bank made millions of dollars by overcharging borrowers on their home equity line of credit loans. Processing Content Brooklyn residents Mark and Devorah Smilow sued the lender last week in a New York federal court, seeking to certify a class of aggrieved HELOC borrowers spanning back to 2013….
The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.28%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -1.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.27%. September E-mini S&P futures (ESU26) fell -0.35%, and September E-mini Nasdaq futures (NQU26) rose +0.19%. Stock indexes settled mixed on Wednesday, with the Nasdaq recovering from a 3.5-week…
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If you have received an intimation under Section 245 of the Income Tax Act, 1961, it does not necessarily mean you have done something wrong. It simply means the Income Tax Department intends to adjust your income tax refund against an outstanding tax demand from an earlier financial year. Here’s what a Section 245 intimation…
by Calculated Risk on 1/08/2026 08:30:00 AM The DOL reported: In the week ending January 3, the advance figure for seasonally adjusted initial claims was 208,000, an increase of 8,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 199,000 to 200,000. The 4-week moving average was 211,750,…
Crypto investors are being urged to ensure they have reported any capital gains to HMRC or face fines worth hundreds of pounds amid new transparency rules being introduced next year. Financial Conduct Authority (FCA) data suggests around 8% of UK adults, roughly 4.5 million people, now hold cryptocurrency such as Bitcoin. But commentators warn that…
The Employees’ Provident Fund Organisation (EPFO) has introduced two online ways for salaried employees to transfer their EPF balance from a previous employer to their current EPF account. The feature is available on the revamped EPFO Member Portal and aims to make the transfer process faster, simpler and completely online. The move is part of…
Government payments rarely get discussed as financial infrastructure. They’re usually treated as administrative outputs. Benefits are approved, refunds are issued and claims are processed. For millions of households, however, the moment money actually arrives can determine whether they pay a bill on time, avoid borrowing or stay connected to everyday economic activity. The PYMNTS Intelligence…
These investments have a tendency to crash and burn
Today, 1 in 8 Americans receive Supplemental Nutrition Assistance Program (SNAP) benefits. Roughly 1 in 2 will qualify at some point in their lives. That is not a niche at the edge of grocery retail. That’s the mainstream, cycling in and out of eligibility as the economy tightens and loosens. Forage is building for that…