Personal finance live updates: Social Security payments, Child Tax Credit, Tax Refund deposit date, inflation wages… – AS USA

Latest Financial News Headlines

– President Biden announces ban on imports of all Russian oil, gas and energy

– US average gasoline price hits a new record at $4.23 a gallon according to AAA Why is it so high?

– ICE Benchmark Administration (IBA) shows expected inflation rate over the next year has risen from 3.5%  to 5.24%

– White House report finds lack of competition in job market is has reduced workers’ salary by around 20%

– Unemployment rate dropped to 3.8% in February as the economy added 678,000 new jobs

– Inflation remains at 7.5% after experiencing the highest increase in nearly 17 years last week

– Looking to apply for financial aid? Remember to check the deadline for submitting the FAFSA

– Social Security Administration will reopen 1,200 local offices which had been closed due to the pandemic. What to do in the meantime

Dow Jones Industrial Average falls by 3 percent, but defense and weapons manufacturers Haliburton (+5.0 %) and Lockheed Martin (+15.0%) enjoy a boost

Helpful links and Information

– Do SNAP benefits expire?

– How long should you expect to wait for your tax refund?

– Could gas prices increase more after Russian invasion?

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