In 2026, taxpayers are seeing a welcome boost in their finances as the latest IRS filing data reveals that the average tax refund has risen by 11.2%. This increase is a substantial benefit for many Americans who rely on their tax refunds as a financial cushion. The surge in average refunds can be attributed to several factors, including changes in fiscal policies and enhanced tax credits. For individuals and families planning their yearly budget, this increase provides additional flexibility and spending power. Tax experts suggest that the rise could be linked to various tax code adjustments aimed at boosting economic growth. As the IRS continues to process returns, this trend of higher refunds is expected to influence consumer spending and savings patterns positively. Overall, this significant increase in average tax refunds is poised to have a notable impact on personal finances in 2026.
CNBCNew data shows increasing ship traffic through the Strait of Hormuz
April 18, 2026
Amid concerns about geopolitical tensions, new ship-tracking data reveals a steady flow of maritime traffic through the Strait of Hormuz, a critical chokepoint for global