#economicupdate
Average US tax refunds rise by $350 in 2026, IRS data shows
The average tax refund for U.S. filers has increased by roughly $350 during the 2026 tax season, according to the latest data released by the Internal Revenue Service on Friday, March 27, 2026. The IRS reported that the average refund reached $3,521 as of that date, compared with $3,170 during the same period in 2025, reflecting a noticeable rise in payouts to taxpayers. The data shows that approximately 88.4 million individual tax returns had been received by Friday, March 27, 2026,
Average US tax refunds rise by $350 in 2026, IRS data shows
The average tax refund for U.S. filers has increased by roughly $350 during the 2026 tax season, according to the latest data released by the Internal Revenue Service on Friday, March 27, 2026. The IRS reported that the average refund reached $3,521 as of that date, compared with $3,170 during the same period in 2025, reflecting a noticeable rise in payouts to taxpayers. The data shows that approximately 88.4 million individual tax returns had been received by Friday, March 27, 2026,
Illinois layoffs impact hundreds as major retailers and institutions cut jobs
Major employers across Illinois have announced plans to lay off hundreds of workers in the coming months, according to filings under the state’s Worker Adjustment and Retraining Notification (WARN) Act. The law requires companies with at least 75 employees to provide a minimum of 60 days’ notice before implementing mass layoffs or facility closures, offering advance warning to workers and state officials. Among the most notable developments is the planned layoff of 101 employees a
Illinois layoffs impact hundreds as major retailers and institutions cut jobs
Major employers across Illinois have announced plans to lay off hundreds of workers in the coming months, according to filings under the state’s Worker Adjustment and Retraining Notification (WARN) Act. The law requires companies with at least 75 employees to provide a minimum of 60 days’ notice before implementing mass layoffs or facility closures, offering advance warning to workers and state officials. Among the most notable developments is the planned layoff of 101 employees a
Financial Changes Starting August 1, 2025: UPI Limits, SBI Card Updates, and More
Starting August 1, 2025, a range of financial changes are set to take effect in India, ranging from digital payments to trading hours, credit card rules, and more. These adjustments will impact various sectors and individuals, making it essential to stay updated. Let's break down the major changes: UPI Changes The National Payments Corporation of Ind
Financial Changes Starting August 1, 2025: UPI Limits, SBI Card Updates, and More
Starting August 1, 2025, a range of financial changes are set to take effect in India, ranging from digital payments to trading hours, credit card rules, and more. These adjustments will impact various sectors and individuals, making it essential to stay updated. Let's break down the major changes: UPI Changes The National Payments Corporation of Ind









