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,

Chelsea Football Club reported a record pre-tax loss of £262.4 million ($349.3 million) for the financial year ending Monday, June 30, 2025, the club confirmed on Wednesday, April 1, 2026. The announcement comes despite a successful period on the field, where the London-based club secured two major trophies within the same 12-month span. During the reporting period, Chelsea won the FIFA Club World Cup in the United States and lifted the UEFA Europa Conference League title, becoming

​The U.S. Department of Education announced on Friday, March 27, 2026, that millions of federal student loan borrowers will be removed from the Saving on a Valuable Education (SAVE) repayment plan, following a federal appeals court decision earlier in March that blocked the program after nearly two years of legal challenges. The SAVE plan, introduced in 2023 under the Biden administration, aimed to reduce monthly payments and expand loan forgiveness. However, several Republican-led

In a stunning turn of events, the global precious metals market witnessed a staggering $2 trillion wipeout, a rare occurrence that has rattled financial markets. This unprecedented crash occurred in just hours, disrupting the long-held belief that metals like gold and silver serve as ultimate safe-havens, especially during times of crisis. What makes this even more perplexing is that the meltdown happened amid an escalating war, with oil prices still elevated and investors seeking refuge in c

Europe’s financial markets are facing a critical moment and must urgently reform to remain competitive in a rapidly shifting global investment landscape, according to the head of the world’s largest sovereign wealth fund. Nicolai Tangen, chief executive of Norges Bank Investment Management, which oversees Norway’s $2 trillion wealth fund, has issued a stark warning that Europe risks falling further behind unless it addresses long-standing structural issues in its capital markets. Speaking

Empowering Rural Women through Self-Help Groups (SHGs) The Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) has made a significant impact on empowering rural women by creating Self-Help Groups (SHGs). These groups enable women to access affordable loans, skill development programs, and crucial support to start or expand small businesses. Currently, over 10 crore rural women households are involved in more than 90 lakh SHGs, making it one

India’s financial sector has been grappling with the persistent issue of mis-selling, especially in the realm of banking and insurance products. In a recent statement, Finance Minister Nirmala Sitharaman addressed the ongoing concern, declaring that banks cannot treat mis-selling as a routine part of their business. She went as far as to say that mis-selling is an "offence," sending a clear message to financial institutions that such practices will not be tolerated. Her remarks came at a pr

Sri Lanka Cricket (SLC) has reportedly urged the Pakistan Cricket Board (PCB) to reconsider its decision to boycott the India-Pakistan match in the 2026 T20 World Cup. In a formal letter sent to the PCB, SLC expressed concerns over the severe financial losses that could result from the boycott. The India-Pakistan fixture is one of the most lucrative matches in world cricket, drawing massive global viewership and contributing significantly to the revenue generated during International Cricket

Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline. The recent se

Apple is scheduled to report its fiscal first-quarter earnings after the market closes on Thursday, with investors closely monitoring whether strong holiday demand for iPhones can offset rising costs and uncertainty around artificial intelligence investments. The company’s fiscal first quarter, which concludes in December, is traditionally its most important period of the year due to seasonal consumer spending. According to consensus estimates compiled by LSEG, analysts expect App

The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i

The U.S. dollar has continued its recent decline, extending a trend that presents both opportunities and challenges for the American economy. President Donald Trump described the currency as “doing great,” reflecting his view that a moderately weaker dollar can provide strategic benefits in international trade. Despite this optimism, economists warn that the weakening greenback represents a “double-edged sword,” offering advantages to exporters while introducing risks related to inflatio

The United States government has officially launched a new investment program for newborns, called ‘Trump accounts,’ designed to help families start saving for their children’s future. The initiative, established under the One Big Beautiful Bill, provides an initial government deposit of $1,000 for every child born between 2025 and 2028. Officials estimate that approximately 25 million families will be eligible to participate over the next three years. Early adoption has been strong, with

Infosys, the global information technology giant, is set to hire 20,000 college graduates in FY27, reinforcing its strong push into the artificial intelligence (AI) services sector. The announcement comes at a time when many companies in the tech industry are facing layoffs, positioning Infosys as a major player in the growing demand for AI-driven solutions. CEO Salil Parekh confirmed the hiring plan at the World Economic Forum (WEF) in Davos, where he highlighted the changing demand landscap