How likely are you to be audited now that the IRS is utilizing AI? The outcome is still uncertain.
IRS Audit Rates and Changes Ahead When you look purely at the statistics, the IRS has audited less than 1% of tax filers in recent years. For instance, in 2021, only about 0.3% of all tax returns were audited, according to the latest data. Audit probabilities are generally higher for certain taxpayer groups, depending on […]
Reasons Behind Today’s Surge in Intel Stock
Shares of Intel (NASDAQ: INTC) experienced a significant uptick on Friday, primarily due to the increasing demand for its data center chips. Having previously missed out on the initial phases of the artificial intelligence (AI) surge, Intel now finds itself in a favorable position to take advantage of new technological advancements. Training AI models mainly […]
InterMed will stop accepting Martin’s Point Medicare Advantage insurance beginning in 2027.
Insurance Changes Leave Patients in Limbo Pamela Smith received an unexpected email from InterMed on Thursday, informing her that starting in January, they would stop accepting her insurance, Martin’s Point Medicare Advantage. “I was taken aback,” Smith, who lives in North Yarmouth, said the next day. “It just doesn’t make sense. I’m trying to think […]
Bitcoin is poised for its strongest month in a year, with a $5 billion increase in USDT driving the recovery.
Bitcoin’s Recent Movements Bitcoin has been trading just above $77,000 as of Friday, managing to stabilize after reaching its highest level since early February earlier this week. In April, the largest cryptocurrency experienced a notable increase of about 13.6%, marking what could be its best monthly performance this year. However, it hasn’t been an easy […]
Quantum attack compromises a crypto key 512 times larger than the previous record. Is Bitcoin prepared?
Bitcoin Faces Quantum Computing Threats The timeframe for Bitcoin’s compatibility with quantum computers has been unexpectedly shortened. A researcher named Giancarlo Relli has conducted what is now the largest known quantum attack against elliptic curve cryptography, which is the standard securing Bitcoin, Ethereum, and much of the $2.6 trillion cryptocurrency market. Relli’s achievement represents a […]
Stock Market Update for April 24: Nvidia Rises Due to Increased AI Chip Demand
Nvidia’s Strong Performance Nvidia (NASDAQ: NVDA), a dominant force in GPUs for data centers, automotive, and gaming, saw its stock rise by 4.32%, closing at $208.27 on Friday. This increase appears to be a response to a noticeable uptick in global demand for AI chips, marking record highs in the semiconductor sector. As investors look […]
WGA Approves Four-Year Agreement, Agreeing to Notable Reductions in Health Plan
Writers Guild of America Approves New Deals with Major Studios The Writers Guild of America (WGA) has finalized four-year agreements with key studios, but this includes significant cuts to health plans for screenwriters. Guild members overwhelmingly supported the new Minimum Basic Agreement (MBA) for 2026, with 90.38% voting in favor and 9.62% against. This agreement […]
Super Micro Computer Shares Rise 9% Even After Oracle Abandons $1.4B Deal: What’s Behind the Surge?
Stock Movements and Market Reactions Super Micro Computer (SMCI) saw its stock price increase by 9%, following Intel’s (INTC) impressive Q1 2026 earnings report. Intel’s quarterly revenue hit $12.68 billion—a staggering 123% increase year-over-year—leading to a raised full-year outlook that now exceeds $40 billion. Short covering and retail interest in AI infrastructure have overshadowed worries […]
Average tax refund has increased by 11.3%, IRS filing data reveals
Average Tax Refunds Rise Significantly This Season The average tax refund this season has increased by 11.3% compared to the same period last year, based on IRS filing data leading up to tax day. As of April 17th, the average refund for individual filers stands at $3,275, a sizable jump from last year’s $2,942. About […]
Americans worry about overwhelming hospital expenses even with insurance.
Updated April 24, 2026 at 2:05 PM ET While most Americans have health insurance, there’s still a pervasive worry about how a medical emergency could lead to a financial crisis, recent research reveals. In a survey conducted in February involving 1,507 participants by JG Wentworth, it was found that nearly 97% claimed to have health […]