Hi, everyone. For today at the top of our read we cover the recent Capital One data breach, and what you need to know to ensure your security. The website LetsMakeAPlan.org is a source for many looking for a financial planner, but it turns out the site often omits essential decision-making information. The Education Department is looking into a tactic used by wealthy parents to claim financial aid. We look at home prices that continue to decline amid a weak year in sales. And the IRS is tracking down 10,000 cryptocurrency owners in an effort to gather back taxes.
Capital One issues guidelines on how to shore up account security in the wake of its disclosed data breach, which affected about 100 million people in the U.S.
The Certified Financial Planner Board of Standards, which runs LetsMakeAPlan.org, doesn’t inform users about customer complaints, regulatory skirmishes and other problems
Amid an intense national furor over the fairness of college admissions, the Education Department is looking into a tactic that has been used in some suburbs here, in which wealthy parents transfer legal guardianship of their college-bound children to relatives or friends so the teens can claim financial aid, say people familiar with the matter.
The growth of U.S. home prices slowed again in May, as the housing market continues to moderate during what has been a relatively weak year for sales.
The Internal Revenue Service is warning more than 10,000 holders of cryptocurrency that they may be subject to penalties for skirting taxes on their virtual investments.