After years of flirting with the idea, retailer Bed Bath & Beyond has finally filed for bankruptcy. The chain has over 360 locations and 120 Buy Buy Baby stores that it plans to keep open for now — but there are ramifications for shoppers. Cheddar News senior reporter Chloe Aiello breaks down the fallout including whether or not customers will be able to use coupons and gift cards.
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
