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News Powered By AI

Treasury, IRS move to restrict refundable tax credits to certain immigrants

by News Feed Editor | Sep 2, 2026 | Financial

The Treasury Department and IRS proposed rules to restrict refundable tax credits for certain immigrants, potentially affecting millions of lower-income earners including asylum applicants and DACA recipients.

Emergency savings shortfall signals ‘danger’ for working households, Suze Orman says

by News Feed Editor | Sep 2, 2026 | Financial

More than half of U.S. workers lack sufficient emergency savings to cover a $500 unexpected expense, according to recent survey data, with financial strain forcing many to forgo necessary expenses.

No more UK energy bills support likely before price cap rise

by News Feed Editor | Sep 2, 2026 | Financial

UK government sources indicate no additional energy bills support is expected before an October price cap rise, though targeted measures could be considered if prices spike further in January.

Why to delay claiming Social Security — even when COLAs are high

by News Feed Editor | Sep 2, 2026 | Financial

Experts recommend delaying Social Security claims despite higher cost-of-living adjustments anticipated for 2027, as waiting until age 70 provides significantly larger lifetime benefits and enhanced COLA protections.

‘I’ve £80k in the account, here’s my pin’: turning the tables on the scammers

by News Feed Editor | Sep 2, 2026 | Financial

A man strung along phone scammers for three hours by posing as a confused elderly customer, providing false account details and a fake card number to test their tactics.

Trump officials float cut to capital gains tax on home sales. What it could mean for homeowners

by News Feed Editor | Sep 1, 2026 | Financial

Trump administration officials have discussed potentially reducing capital gains taxes on home sales ahead of midterm elections, though experts say such legislation is unlikely to pass quickly and would primarily benefit wealthier homeowners.

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Recent Posts

  • Education Department recalculates student loan forgiveness counts, setting some PSLF borrowers back
  • Emergency savings shortfall signals ‘danger’ for working households, Suze Orman says
  • Trump Account holders may receive $250 Dell grant starting Monday, Dell Foundation says
  • Average 401(k), IRA balances hit record highs — but more workers are raiding their accounts, Fidelity says
  • Trump announces $500 Obamacare refunds for nearly 1 million people — here’s who qualifies

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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