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.
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The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
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Jay Siebold
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Meredith Garretson Morbey
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Erika Soderstrom
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Rose Conlon
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Alex Schroeder
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Redmond Carolipio
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Ariana Rosas
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Jesson Duller
Media Producer