IRS July 10 Refund Deadline: Millions may qualify for COVID-era relief, what you need to know

Tens of millions of taxpayers may qualify for refunds or penalty and interest abatements tied to Internal Revenue Service assessments made during the COVID‑19 federal disaster period, according to the Taxpayer Advocate Service. But taxpayers must act quickly, because this relief is not automatic. Refund claims generally must be filed by July 10, 2026.

IRS COVID tax refund deadline is approaching: What to know

Millions of taxpayers who may be entitled to refunds or relief from IRS penalties and interest tied to the COVID-19 emergency have days to file claims.

These Social Security recipients will receive 2 payments in July

Millions of Social Security beneficiaries will receive two payments in July due to a minor scheduling anomaly. The Social Security Administration is adjusting its distribution dates to ensure recipients receive their money.

7-Eleven sues Nike over new Air Max 95s set for July 11 release

7-Eleven found something a little too familiar about the new orange, green, and red-striped Nike sneakers set to be released next week, and the convenience store chain is asking a federal court to do something about it. 

Microsoft cuts 4,800 jobs, including many in Xbox division

Microsoft has announced it is cutting 4,800 jobs, including many in its Xbox division. Here's what to know.

Alibaba agrees to pay $600 million to settle illegal drug lawsuit

Alibaba reached a massive financial settlement with the U.S. government to resolve accusations that the company allowed the sale and importation of illegal pharmaceuticals and medical equipment on its major platforms.

Trump Accounts for kids launch July 4: How to get $1,000

Trump Accounts, a new initiative to boost babies' financial independence later in life, kicks off on Independence Day.

Kroger to buy Giant Eagle after failed Albertsons merger

Kroger plans to acquire Giant Eagle which has over 100 supermarkets and multiple pharmacies in several states.

Target and Ulta Beauty to end store partnership this August

A popular beauty brand’s five-year relationship with one of the nation’s largest chains is expected to end next month.

Trump earned $1.2 billion from crypto business, filings show

A recent federal filing reveals that President Donald Trump generated about $1.2 billion from his cryptocurrency ventures in 2025, highlighting the substantial wealth amassed since his return to the White House.

Hyundai recalls 96K Tucson SUVs as dashboards may go blank

Hyundai recalled nearly 100,000 SUVs over concerns that the instrument panel could reboot while the vehicle was being driven.

Saks Global comes out of bankruptcy with new name, fewer stores

The parent company for Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman stores emerged from bankruptcy this week with a lot less debt, a lot fewer stores, and a whole new name. 

Ex-Meta executive sues over attempt to silence her ‘Careless People’ memoir

A former Meta executive has released a tell-all memoir, "Careless People," detailing her time at the tech giant and filed a lawsuit accusing the company of attempting to silence her.