Taxes 2016: IRS Shuts Down E-File Over Glitch

Feb 4, 2016, 10:39 am EDT

The IRS has reported that it had to shut down its taxes e-file system over a glitch.

According to the IRS, there was a hardware failure on Wednesday evening that caused many of its systems to go offline. This included its e-file, Where’s My Refund and others.

The IRS notes that citizens can continue to prepare their taxes as normal and that their e-file provider will hold them until the problem is fixed. There’s also no concern for those who have already filed taxes. Read 

Rand Paul Drops Out of 2016 Presidential Campaign

Feb 3, 2016, 2:48 pm EDT

Sen. Rand Paul has dropped out of the 2016 presidential campaign. Source: Flickr

The son of libertarian leader Ron Paul said he has been honored to run a principled campaign for the White House. “Today, I will end where I began, ready and willing to fight for the cause of Liberty,” Paul said.

The senator had a tough time keeping up with the likes of Sen. Ted Cruz and Donald Trump for the Republican presidential bid. Paul’s views on foreign policy were not embraced by Republicans. Read 

2016 Presidential Election: Who Won the Iowa Caucuses?

Feb 2, 2016, 11:21 am EDT

Results from the Iowa caucuses are in and Republicans and Democrats have their winners from the vote.

The Iowa caucuses saw Republicans voting for Texas Sen. Ted Cruz as the victor. Donald Trump came in second and Florida Sen. Marco Rubio took the third place. Cruz’s win is a blow to Trump, who has been leading in statewide polls, reports CNBC.

Democrats had a harder time deciding their winner in the Iowa caucuses. Hillary Clinton and Vermont Sen. Bernie Sanders were caught in what Sanders called a “virtual tie.” However, Clinton was announced as the winner. Maryland Gov. Martin O’Malley suspended his campaign following the results, CNBC notes. Read 

Iowa Caucus 2016: 6 Things to Know

Feb 1, 2016, 1:17 pm EDT

The Iowa caucus starts today and it will likely have major effects on the 2016 presidential candidates.

Here are a few things to know about the Iowa caucus, as collected from ABC News.

    It’s the first actual voting for 2016 presidential candidates. No candidate that has ranked below third in this caucus has become president. Delegates to candidates aren’t immediately awarded to candidates following the Iowa caucus. Democrats and Republicans have different methods of selecting delegates. There are three Democrat candidates up for vote and 12 Republicans. The Iowa caucus will likely see Bernie Sanders and Hillary Clinton, and Donald Trump and Ted Cruz facing off.

To learn more about the Iowa caucus, click here. Read 

How Bernie Sanders Could Hit CVS Health Corp

Jan 27, 2016, 1:12 pm EDT

Unless you’ve recently been in a coma you’ve no doubt heard of the meteoric rise of Bernie Sanders. According to the latest national polls, Senator Sanders, a Democrat from Vermont, is quickly closing the gap with Clinton.

But whether you’re a Republican or a Democrat, Sanders’ supporter or not, one thing has become clear. If you own CVS Health (CVS), beware, because Senator Sanders’ ideas for public health could hit CVS stock in a very big way.

CVS Health, the U.S. pharmaceutical chain, has been quick to recognize the changing demographics in the US. According the U.S. Census Bureau estimate, the population of aging citizens will jump by more than 20 million in 15 years. That means drugs related to common diseases of old age — e.g. diabetes, atherosclerosis, Alzheimer’s, etc. — will be in even higher demand. Read 

Bernie’s Yearning: Ben & Jerry’s Founder Creates Bernie Sanders Treat

Jan 25, 2016, 3:16 pm EDT

There’s a new ice cream flavor in town called “Bernie’s Yearning.” Source: Wikipedia

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Ben & Jerry’s co-founder Ben Cohen has immortalized Democratic presidential candidate Bernie Sanders with a flavor that sounds delicious. Read 

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