Author: EconLearner
The IRS has opened an online portal for Kwong Covid-era claims.gettyThe IRS has added an option to its mobile-friendly forms page that allows individual taxpayers to electronically file Form 843, Request for Refund and Request for Reduction, for protective refund claims related to Kwong v. United States. THE new online option limited to individual taxpayers who e-file Form 843 for Kwong-related claims involving fully paid penalties and interest. Business taxpayers must file a paper Form 843, and individuals who prefer not to use the online option can also file forms.Taxpayers seeking to reduce unpaid penalties or interest may continue to…
As banks struggle to transform AI from individual tools to business intelligence, Revolut’s PRAGMA model offers a glimpse of where digital banking and financial services may be headed next.Adobe StockRevolut is taking a very different approach to AI in banking.While many financial services firms use off-the-shelf AI tools or build separate models for fraud, credit risk and customer service, the UK-based digital bank is developing its own foundation model designed specifically for finance. The idea is not just to apply a linguistic model to financial data, but to teach AI to understand financial behavior itself.Its proprietary model, PRAGMA, treats transactions,…
Sanjay Kathuria, an engineer turned MBA in Finance, shares his unique perspective on how taking a loan can help you achieve …
People jump in the Trocadero fountain near the Eiffel Tower during a heatwave in Paris on June 22, 2026. The latest spell of extremely high temperatures to hit Europe has canceled outdoor events, disrupted transport, closed schools and asked office workers to work from home, as authorities issued health warnings to protect the elderly and vulnerable. (Photo by JULIEN DE ROSA / AFP via Getty Images)AFP via Getty ImagesThe massive heat wave that hit Europe at the end of June may have subsided, but the extreme temperatures are acting as a wake-up call (after the heat exhaustion has worn off).…
Samsung’s traditional Galaxy Buds line of in-ears is reportedly coming with a radically different open-ear wearable called the ‘Galaxy Able’© 2026 Bloomberg Finance LPJuly 7 update below: Why the Clip-On design could be a key strategic upgrade to Samsung’s product catalog. This article was originally published on July 5Samsung has quietly revealed the names of three new Galaxy devices ahead of launch.According to data buried in the company’s own Galaxy Wearable app, Samsung is set to launch the ‘Galaxy Watch 9’, a successor to the current Galaxy Watch 8, and the ‘Galaxy Watch Ultra 2’, a replacement for the Galaxy…
Current Climate brings you the latest sustainability business news every Monday. Sign up to get it in your inbox.WCome back to Current Climate. The US’s 250th birthday is an opportunity to reflect on the influence of the nation’s founding fathers, among whom statesman, publisher, inventor and jovial scholar Benjamin Franklin ranks high. Among his many famous admonitions Poor Richard’s Almanacthe focus on avoiding waste still resonates. He did not say, “Waste not, want not,” but thought, “A penny saved is a penny gained,” and also, “The art of getting rich consists in great economy.”As countless entrepreneurs, farmers, or Warren Buffett-style…
In iOS 27, Trust Insights will use AI to alert apps when a person may be a victim of fraud. Getty Imagesof Apple iOS 27 is coming soon, with a host of new features and capabilities to help boost your security and privacy. One of the most interesting and useful of these could be a new iOS 27 framework that helps apps detect when people are being scammed and notify them in real time.That’s according to the Apple-focused publication 9 to 5 Macwhich describes how in iOS 27, Apple created what it calls the Trust Insights framework to help apps…
WASHINGTON, DC – APRIL 21: Kevin Warsh, US President Donald Trump’s nominee for Chairman of the Federal Reserve, prepares to testify during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC. President Trump nominated Warsh, a former Federal Reserve Board member, to replace Jerome Powell amid bipartisan concerns about the Justice Department’s criminal investigation into the central bank’s current leader. (Photo by Andrew Harnik/Getty Images)Getty ImagesWhile Fed Chairman Kevin Warsh has their undivided attention, he can helpfully remind leftists, rightists, libertarians and in-between that market pricing…
Top lineWith the bright glow of the full Strawberry Moon now fading into the early morning hours, this week brings some beautiful views of both the planets and the galaxy beyond. With Earth at its furthest from the sun on July 6, Venus moves close to the bright star Regulus after dark on July 9, and the waning crescent moon joins Mars before sunrise on July 11.This week is perfect for finding our Milky Way with the naked eye. For astrologers in North America and mid-northern latitudes, here’s everything you need to know about stargazing and astronomy this week, July…