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News From the Control Tower - 9/14/2022 Thumbnail

News From the Control Tower - 9/14/2022

News from the Control Tower: Our weekly curated list of news stories affecting you and your finances.

This week’s reads include:

1.       Inflation Remained Stubbornly High in August, Rattling Consumers and Investors

Overall inflation moderated less than anticipated, and a closely watched measure of price pressures jumped, bad news for the Federal Reserve.

2.       What's the deal with all those weird wrong-number texts?

Digging into the world of "pig-butchering" scams.

3.       I.R.S. to Refund Late-Filing Penalties for 2019 and 2020 Returns

But to be eligible for the relief, taxpayers have to file the returns by Sept. 30. The agency says the average refund will be $750.

4.       The salvage car Silk Road

The episode traces how a salvaged car from New Jersey ends up in Turkmenistan.

5.       Wine Industry Iconoclast Fred Franzia Dies at 79

The co-founder of Bronco Wine Company was known for launching "Two Buck Chuck" and for his outspoken opinions of the wine industry.


Meet the women hunting giant pythons ‘eating everything’ in the Everglades