How to get a bigger tax refund, according to experts

How to get a bigger tax refund, according to experts

(NEW YORK) -- Tax season, for many, conjures kitchen-table drudgery spent revisiting pay stubs and financial choices. For some, though, a reward awaits: a tax refund.The possibility and scale of a refund can hinge on the approach taken by a tax filer, financial advisors told ABC News.Tax credits, retirement account…
AI is driving a stock market rally. What if the technology falters?

AI is driving a stock market rally. What if the technology falters?

(NEW YORK) -- Ten days after the Super Bowl, Wall Street held its own version -- at least that's the way some traders on social media described it.Nvidia, which had soared to prominence selling the majority of chips behind the artificial intelligence boom, was set to release buzzy quarterly earnings…
Biden administration finalizes rule cutting credit card late fees

Biden administration finalizes rule cutting credit card late fees

(WASHINGTON) -- President Joe Biden on Tuesday touted his administration's latest effort to slash credit card late fees in a move that's estimated to collectively save families $10 billion every year.The Consumer Financial Protection Bureau finalized a rule Tuesday that will cut the typical credit card late fee to $8…
Does a four-day workweek work? Companies share results after one year

Does a four-day workweek work? Companies share results after one year

(NEW YORK) -- Do fewer working hours boost a company's overall productivity? A recent study out of the United Kingdom suggests the four-day workweek model benefits businesses and employees alike.One year after 61 U.K. companies opted to participate in a four-day week pilot study, 89% of the companies continued to…
‘I eat or I pay my bills’: Americans describe rent burden fears, concerns

‘I eat or I pay my bills’: Americans describe rent burden fears, concerns

(NEW YORK) -- Half of Americans are burdened by the cost of housing, according to a recent Harvard study, officially capturing the grim reality facing renters nationwide.Marianne Smith, a 65-year-old Oklahoma resident, is one of them -- paying about 35% of her income toward rent, she said in an interview…
What’s driving the bitcoin surge? Experts weigh in.

What’s driving the bitcoin surge? Experts weigh in.

(NEW YORK) -- Bitcoin is on a tear.The largest cryptocurrency has soared more than 20% over the last four days, approaching an all-time high. By contrast, the S&P 500 has dropped slightly over that period.On Wednesday, the price of bitcoin surpassed $64,000 for the first time since November 2021.The upsurge…
Ritzy parties, billion-dollar auctions: Two events are changing the car hobby

Ritzy parties, billion-dollar auctions: Two events are changing the car hobby

(MIAMI) -- Historic sports cars, million-dollar roadsters and one-off supercars will be on display when two of the auto industry's flashiest events take place next month.Enthusiasts from all over the country will travel to Florida March 1-3 to revel in classic and modern cars that are seldom shown in public.ModaMiami,…
Wendy’s announces Uber-like surge pricing model

Wendy’s announces Uber-like surge pricing model

(NEW YORK) -- Wendy’s announced it will launch new menu prices that will fluctuate depending on the time of day.The country’s second-largest burger chain, which has 6,000 restaurant locations, said the change will begin next year.Customers could pay $1 more for a sandwich like the Baconator during the lunch rush,…