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May 5, 2022
TurboTax parent company to settle over deceptive advertising claims The company behind TurboTax has agreed to pay restitution to millions of customers who used its tax preparation software. This is to settle allegations that Intuit used deceptive marketing tactics to charge people who should have been able to file their taxes for free. Marketplace’s Nova Safo has the latest details. Also, Diane Swonk, chief economist at the tax and advisory firm Grant Thornton, walks us through the state of the labor market and the implications of the Fed’s half point rate hike yesterday. Plus, what happens when a country’s central bank does not use higher interest rates to rein in inflation? We have an example from Turkey, where consumer prices are up nearly 70% in a year. And, hear how Allentown, Pennsylvania, at the heart of the Rust Belt has started attracting new manufacturing businesses.
TurboTax is displayed on a smart device in February 2018.
(Kimberly White/Getty Images for TurboTax)
Segments From This Episode Jessica Lee The Lehigh Valley region of Pennsylvania has a booming manufacturing sector and is fast becoming a major logistics hub.
TurboTax parent company to settle over deceptive advertising claims