Politics Oct 12 Despite Trump’s claims, data shows migrants aren’t taking jobs from Black or Hispanic people Trump, who often uses anti-immigrant rhetoric, has referred during his campaign to immigrants he says are taking “Black jobs” and “Hispanic jobs.” But government data show immigrant labor contributes to economic growth and provides promotional opportunities for native-born workers.
Nation Oct 10 Social Security recipients to get smaller 2.5% benefits boost in 2025 Millions of retirees who receive Social Security benefits will see a 2.5 percent cost-of-living increase to their monthly checks beginning in January.
Politics Oct 09 Social Security is due for another cost of living increase. It ‘won’t make a dent’ for some retirees The annual Social Security and Medicare trustees report in May that the program's trust fund will be unable to pay full benefits beginning in 2035. If the trust fund is depleted, the government will be able to pay only 83%…
World Oct 01 U.S. sanctions extremist West Bank settlers for violence against Palestinians The U.S. imposed sanctions on Hilltop Youth, a group of extremist settlers in the Israeli-occupied West Bank who attack Palestinians and their property, as well as two Israeli men connected to violence against Palestinians.
Economy Sep 06 WATCH: IRS has recovered $1.3 billion in unpaid taxes from wealthy tax dodgers, Yellen says Treasury Secretary Janet Yellen and IRS Commissioner Danny Werfel traveled to Austin, Texas, to tour an IRS campus and announce the latest milestone in tax collections as Republicans warn of big future budget cuts for the tax agency if they…
Politics Sep 05 WATCH: Biden announces $7.3 billion in rural investments during visit to Wisconsin President Joe Biden traveled to rural southwest Wisconsin on Thursday to champion new investments in electrification and expanded high-speed internet, proclaiming that “all these investments mean family farms can stay in the family.”…
Economy Jun 24 ‘Supply crunch has led to an affordability crunch.’ Yellen announces efforts to help with increased housing costs The Biden administration announced new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years.
Politics Jun 18 Congressional Budget Office raises federal budget deficit projection by $400 billion Deficits are a problem for lawmakers in the coming years because of the burden of servicing the total debt load, an aging population that pushes up the total cost of Social Security and Medicare and rising health care expenses.
World Jun 13 New $50 billion loan to Ukraine is backed by frozen Russian assets. Here’s how it will work Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral.
World May 23 With Ukraine losing ground, allies debate how to squeeze cash out of frozen Russian assets Many Ukraine supporters want to confiscate the $260 billion to make Russia pay for the widespread damage in Ukraine, and to keep Ukraine going in the fight.