here's abc news reporter rebecca jarvis in this morning's gma first look tax season is here. >> and thistax are rolling out new ai chat bots to assist users preparing their own returns with their new ai tax assist is so awesome. >> it answers my questions if i ever need help. >> the washington post tech reporter geoffrey fowler tried them out and devised a set of 16 hypothetical tax questions to ask the q&a function of the program, like this one, where should your child file taxes? >> if she goes to college out of state, then he says he enlisted the help of tax professionals from epi wealth advisors to check the results. turbotax is. i responded with advice about tax credits and extensions, and h&r block's i implied she had to file taxes in both states, and coming up at 7 a.m, experts weigh in on how the i did with your gma first look. >> i'm rebecca jarvis, abc news, new york. >> if you've been dragging your feet on purchasing a powerball ticket, you are once again in luck. there were no jackpot winners in last night's drawing. that jackpot now grows to 1.09 billion. here are the number

here's abc news reporter rebecca jarvis in this morning's gma first look, an abc news exclusive. >> whenthen return to consumers and also to bring civil penalties that we hope will deter fraudsters. the ftc cracking down on costly imposter scams like this one. ken delacruz says in january he received this text message from a number claiming to be his bank. >> i get a call from my bank saying that there's some fraudulent activities they wanted to help me stop it. >> a scammer pretending to be his bank managed $1,500 out of ken's account and obtain an online $4,000 personal loan. and coming up at 7 a.m, the tips you need to know to keep your personal information and money safe with your gma first look, i'm rebecca jarvis abc news, new york. >> 556 we're looking at your updated rainfall totals for the water year. remember, the water year resets every 1st of october and we're doing really well. in fact, santa rosa, san jose and san francisco have seen their entire year's worth of rain. so that's really good news. as enter some of the drier months ahead, looking at the day to day, it is a dry

abc news chief business, technology and economics correspondent rebecca jarvis has the details. >> kent message from a number claiming to be his bank, asking, did you attempt a zelle transfer for the amount of $500? >> all i did was text no. and then a few minutes later i get a call from my bank saying that there's some fraudulent activities on my, bank account. they wanted to help me stop it, but the call was instead scam ers pretending to be his bank. they even had like a holding music to make it sound like it was from an official bank. >> ken says he provided personal information that he believed was part of a routine process to stop the fraud. scammers managed to transfer $1,500 out of ken's account and obtain an online for thousand dollar personal loan. ken's bank, the navy federal credit union, tells abc news as we take all necessary precautions to best protect our members financial security, navy federal does not solicit personal and or account information over the phone or through email. >> the ftc is working hard to get the word out to consumers about these scams. they have go

rebecca jarvis will break that down. george?> george: we begin with the latest round of severe storms. over the last four days there have been 130 tornado reports, several towns are devastated across the midwest. mola lenghi is in oklahoma. good morning. >> reporter: good morning, george. yeah, widespread destruction after these deadly tornados. here in sulphur, oklahoma, a town just levelled. you can see homes and business, mom and pop shops. these are small businesses reduced to piles of rubble. the deadly tornados flipping cars, ripping roofs off buildings. it's hard to even know how to begin to pick up the pieces. a flash flood emergency issued for grove town texas after a thunderstorm dropped close to a foot of rain, causing water rescues. in trinity county, officials say a tornado touched down, causing widespread damage. video capturing the moment a potential tornado was spot ted near rose bud texas. there's no words to describe. >> reporter: an ef-3 tornado with winds over 135 miles per hour leaving at least two people de

rebecca jarvis will be here to break down what it means for car loans, credit cards and mortgage rates. >> michael: ginger is tracking severe weather with tornado watches and warnings right now. >> george: first the bombshell ruling on abortion rights out of arizona. the state supreme court decided to uphold an 1864 law that bans the procedure with almost no exceptions. rachel scott starts us off. good morning, rachel. >> reporter: good morning. this is a law passed during the civil war. 48 years before arizona even became a state. but in a land mark decision the arizona supreme court justices have now cleared the way for that ban to go into effect. it is turning up the heat on an issue that could define this election. arizona is bracing for one of the strictest abortion bans in the country after the supreme court revived a 160-year-old law. >> the near total ban that continues to hang over our heads only serves to create more chaos for women and doctors in our state. >> reporter: the law was written in 1864 before arizona was even a state, and before women had the right to vote. no ex

chief business correspondent rebecca jarvis here with details. od morning, rebecca. >> rebecca: many private colleges have published costs for tuition, housing, food, books and other fees. they've all graduated to more than $90,000 for the first time. the schools include usc, u penn, brown, dartmouth and boston university. but what students will actually pay could be much lower. it really depends on the school. the first step is filling out the free federal student aid, or fafsa form, from which this will help the financial aid staff to determine how much aid you will receive. some of these higher priced private institutions have a lot of money to give because they have huge endowments. usc says nearly two-thirds of students receive some form of financial aid including merit scholarships, need based grants or loans. they also offer incoming first year students whose families earn $80,000 or less free tuition. so it is important to look beyond that sticker price. while the cost of college tuition continues to rise, what is more staggering is the am

chief business correspond rebecca jarvis is here with the story. >> rebecca: hi, guys.eginning this morning more than half million fast food workers in california will get that pay raise of $4 increase from $16 an hour to $20 an hour. that's 25% more in their pay checks. advocates say it's about time, given the high cost of living and inflation. the new law only affects fast food workers at chains with at least 60 locations nationwide. but some small business owners are feeling the pressure to compete, and this could also mean higher prices for consumers because they'll want to cover those costs. >> george: 73 million consumers hit by this at&t data breach. >> rebecca: this is gigantic that we are hearing about this. one in five americans impacted. 73 million people had their data including social security numbers, pass codes, birthdates leaked on the dark web. you don't even have to be a current customer to be impacted. the customer said 90% of the people hit are former account holders with data from 2019 and earlier. the company said it's reaching out to people impact

our chief economics correspondent rebecca jarvis has more on this. taxes? here's what happened when one "washington post" reporter put it to the test. tax season is here. this year h&r block and turbo tax are rolling out new ai chat bots to assist users. >> doing my own taxes online. their new ai tax assist is so awesome. it answer my questions if i ever need help. >> reporter: the tech reporter jeffrey fowler tried them out and devised 16 hypothetical tax questions to ask the q&a function of the program. like this one. >> where should your child files taxes if she goes to college out of state? >> reporter: then he asked experts to check the results. >> turbo chat's ai offered advice about tax credits and extensions. >> completely unrelated and not helpful. >> h&r block, ai said she had to file tax returns in both states. >> if a child is a student in another state but doesn't work and has earned income in that state, there's probably no filing requirement. >> most of the time the answers were irrelevant. sometimes they were slightly on point. the an

chief economics correspondent rebecca jarvis is on wall street. morning, rebecca. >> rebecca: good morning, michael. when you think about the financial impact of the middle east and the tensions there, here on u.s. citizen, the biggest thing is oil prices. gasoline. right now we've seen gas prices up about $0.20 over the last month. the national average this morning $3.63. and moody's believes that if there was some sort of prolonged escalation in the middle east, it could drive gas prices above $4 a gallon nationwide. but here on wall street, traders are breathing a sigh of relief this morning because of the fact that iran's massive attacks didn't cause more damage. storks have rebounded, oil prices are down. keep in mind the united states today is the world's number one energy producer. we produce 13 million barrels a day of oil. and this is a very different circumstance than we were in in the 1970s with the arab oil embargo. back then we produced far less. they produced much more. today we have some buffer. guys? >> michael: thank you very much

with tax day approaching rebecca jarvis spoke with the irs commissioner on what to look out for as scammersday is a little over a week away. the scam artists are out. here is how you can protect yourself and spot the con artists. it may look official from the irs, but this e-mail is 100% fake. irs commissioner danny wuerfel taking us through the red flags pointed by point. >> first give away talked about the third round of economic impact payments being available. that is a program that ended in 2021. >> rebecca: it says dear taxpayer, we hope this message finds you well. we are writing to inform you about an important matter regarding your recent tax return filing. >> second red flag. second red flag. >> rebecca: already we're at a red flag. what is it? >> this is written as this is our first time reaching out to you. we don't send e-mails when we initiate contact. we send a letter to your home or business. >> rebecca: he all points to the cut off logo, the date and sender in the wrong spot and directions to click a link. >> whenever you see you need to click on something, red flags, alarm

chief economics correspondent rebecca jarvis is here to break down the numbers and what it means for ng, now 7.4%. that's the highest since last year. for some perspective, that rate was 5% just two years ago. to put this in real term, if you bought a $400,000 house in april, two years ago, the mortgage would have run you about $1,700 a month. at today's rate, it will run you 2,250. that is more than $500 a month. it's not a surprise that home purchases are sent lower, existing home sales down 4.3% in march. when people do buy, many are using cash. one in three homes sold were all cash buyers, as in no need for mortgage. this can squeeze first time home buyers. i do want to point out that this is the nice one. in addition to shopping around for the best mortgage rate there are down payment assistance programs especially for first time buyers. they are usually offered in the form of grants and loans. they can save you on the up front cost and mortgage cost so check out your city and county government programs. and then finally, rates probably will go down. wall street is betting they'l