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What is the average federal tax refund this year?

NEW YORK (CNNMoney) — One month into the tax filing season, the average federal tax refund was $3,120, the IRS said Thursday.

As of Feb. 20, the agency said it paid out $125 billion in refunds and processed about 50 million tax returns. 161 more words

Consumer

NXP to buy Austin-based Freescale for $11.8 billion

AUSTIN (KXAN) — Austin-based Freescale Semiconductor announced Sunday it will merge with NXP Semiconductors, based in The Netherlands. The combined company will be valued at just over $40 billion, NXP said in a news release. 325 more words

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Hyundai recalls 200,000 vehicles for power steering defect

NEW YORK (CNNMoney) — Hyundai is recalling more than 200,000 vehicles that could have a power steering defect that increases the risk of a crash, according to documents posted by the National Highway Traffic Safety Administration on Saturday. 294 more words

Consumer

Samsung unveils beautiful new Galaxy S6 (PHOTOS)

NEW YORK (CNNMoney) — Samsung set out to build a better looking line of Galaxy phones this year, and it definitely achieved its goal.

The Samsung…

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Consumer

Why Hyundai is recalling 200,000 vehicles

NEW YORK — Hyundai is recalling more than 200,000 vehicles that could have a power steering defect that increases the risk of a crash, according to documents posted by the National Highway Traffic Safety Administration on Saturday. 299 more words

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