Online mortgage lender loanDepot has reached a $25 million settlement to resolve a class action lawsuit stemming from a data breach that compromised the personal information of 16.9 million individuals. The breach, which occurred between January 3 and January 5, 2024, exposed highly sensitive data, including names, addresses, Social Security numbers, financial account details, phone … Read more
Chancellor of the Exchequer Rachel Reeves is under growing pressure to address a £10 billion budget shortfall, as her spending plans face mounting economic and fiscal constraints. With her previous pledge to maintain fiscal discipline while delivering on public spending commitments, Reeves is now facing difficult choices—increase taxes, cut spending, or risk breaching fiscal targets. … Read more
A coalition of 20 state attorneys general has filed a lawsuit against the Trump administration, alleging that mass firings of federal probationary employees were carried out without following legally required 60-day notices. The lawsuit claims that these dismissals violated federal labor laws and caused significant economic disruptions in multiple states. At the center of the … Read more
The Bank of England (BoE) has issued a stark warning about significant economic risks that could impact the UK in the coming months. Despite growing expectations for interest rate cuts, the central bank has made it clear that monetary policy easing is not imminent. Factors such as global trade tensions, persistent inflation, and a weakening … Read more
Thousands of state pensioners across the UK could be missing out on a crucial £200 cost of living payment designed to help struggling households. The government has urged eligible individuals to claim this financial assistance before the allocated funds run out. This payment is part of the Household Support Fund (HSF), which has been extended … Read more
A Nova Scotia court has approved a $2.1 million settlement in a class-action lawsuit against Dell Canada after a significant data breach exposed customer information between 2017 and 2019. As part of this settlement, eligible Canadians can receive up to $3,000 in compensation. Here’s what you need to know about eligibility, the claims process, and … Read more
The Trump administration is reportedly considering revoking the legal status of approximately 240,000 Ukrainian refugees who fled to the United States following Russia’s invasion of Ukraine. This move, part of a broader effort to tighten immigration policies, could lead to mass deportations as early as April 2025. What’s Changing? The potential deportations stem from President … Read more
The recently enacted Social Security Fairness Act, signed into law by President Joe Biden on January 5, 2025, has sparked a surge in Social Security benefit claims and payments. The legislation repeals two controversial provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—allowing millions of public sector workers to receive their full Social … Read more
Starting April 2025, pensioners in the UK will see an increase in their state pension, with the full New State Pension rising to £1,281 per month (£15,732 annually). This increase follows the UK government’s “triple lock” policy, ensuring pension payments grow in line with inflation, wage growth, or a minimum 2.5% rise. The Department for … Read more
For the first time in over a century, Australia is witnessing the rise of a brand-new major city, Bradfield, which is set to become a transformative hub for advanced industries. Located in Western Sydney, Bradfield is designed to be a world-class smart city, spanning 114 hectares and set to surpass Sydney’s CBD in scale and … Read more