Taxes

• Today is typically tax day. Find out why taxes are not due until Monday! (Yahoo Finance)
• If you haven’t filed yet, here are some good tips on unexploited deductions and less well-known breaks. (If you have, keep them in mind for 2022!) (Kiplinger)
• Take a look at the top 400 earners in the US, broken down by industry, type of income, and taxes paid. (Pro-Publica)

Economics

• March CPI was released this week at historic levels, although Core inflation came in a bit lower than expected. (AP News)
• How is AriZona Iced Tea still 99 cents as inflation soars? (Los Angeles Times)
• Americans are cutting back on gas and food as inflation remains high. (Bloomberg)
• A Wealth of Common Sense comments on the Fed’s handling of inflation.
• The Great Resignation – now retirees are heading back to work (labor shortages make working more lucrative, and price increases making it more necessary). (WSJ-subscription may be required)
• Are you having trouble finding produce in your supermarket? Texas gridlock at the border may be to blame. (CNBC) Immigration order behind it was eased late today (KSAT)
• S&P Global’s chief economist warns of lasting worldwide repercussions of war-induced drop in trade between Russia and Germany. (CNBC)

Student Loans

• Federal Student Loan payments relief extended now until September. Read what you need to know about it here (CNBC).
• About 7.5 million borrowers who were in default before the pandemic moratorium on payments may get a fresh start and a reprieve on their credit score in September. (Fortune) 

Philanthropy

• Here is a deep dive into MacKenzie Scott’s unprecedented charitable giving. (NYT-subscription may be required)

Companies

• TikTok ad revenue totals more that Twitter and Snapchat combined. (Reuters)
• Elon Musk offers to buy Twitter and take it private. (CNBC)  Twitter responds with a "poison pill" measure. (CNN)

About the Author

Beth Tallman

Beth Tallman entered the working world armed with an MBA in finance and thoroughly enjoyed her first career working in manufacturing and telecommunications, including a stint overseas. She took advantage of an involuntary separation to try teaching high school math, something she had always dreamed of doing. When fate stepped in once again, Beth jumped on the opportunity to combine her passion for numbers, money, and education to develop curriculum and teach personal finance at Oberlin College. Beth now spends her time writing on personal finance and financial education, conducts student workshops, and develops finance curricula and educational content. She is also the Treasurer of Ohio Jump$tart Coalition for Personal Financial Literacy.

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