federal

Pandemic unemployment benefit fraud could reach $45 billion, federal watchdog says

Pandemic unemployment benefit fraud could reach $45 billion, federal watchdog says

The updated figure is a big jump from the $16 billion in potentially fraudulent unemployment payments the bureau cited in a June 2021 alert, which reviewed claims from March to October 2020. Since then, there had an increase in payments tied to social security numbers. of people who filed in multiple states, died, and used …

Pandemic unemployment benefit fraud could reach $45 billion, federal watchdog says Read More »

A man bikes past the New York Stock Exchange Wednesday. Markets are watching the path of interest rates closely, as the Federal Reserve announced another increase. (AP Photo/Peter Morgan)

The Federal Reserve is raising rates again. When will mortgage and credit card interest rates stop rising?

A man cycles past the New York Stock Exchange on Wednesday. Markets are watching interest rate developments closely, with the Federal Reserve announcing another hike. (AP Photo/Peter Morgan) Peter Morgan PA When will this spike in mortgage and credit card interest rates end? Maybe early next year. But not anytime soon, experts said Wednesday. A …

The Federal Reserve is raising rates again. When will mortgage and credit card interest rates stop rising? Read More »