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Eligible Californians are set to receive direct payments of up to $1,050 as part of an inflation relief effort to fight against rising costs for consumers. The direct payments are called the Middle Class Tax Refund by the state and will be sent out to eligible residents beginning in October via direct deposit or state-issued debit cards. The state expects all payments to be issued by January 2023.
Digital World Acquisition Corp. loses $139 million in investment commitments in the latest trouble for Trump's social media platform, according to an SEC filing.