Economy

5 Ways Tariffs May Affect Your Budget If You Earn a Low Income

Tariffs can significantly affect low-income households, driving up prices on essential goods like food and everyday items. As costs rise, families may struggle to make ends meet, often facing tough…

Tariffs newspaper headline on money

Inflation’s Wild Ride Is Over: What’s Next for America’s Economy?

Inflation in the U.S. is showing signs of slowing down, offering much-needed relief after years of skyrocketing prices. But what’s driving this sudden shift, and how will it affect your…

Inflation

How the Social Security Fairness Act Could Change How Retirees Pay 2025 Medicare Premiums

In January 2024, the Social Security Fairness Act was signed into law, restoring benefits for millions affected by alternative pension plans. This change will also affect how retirees pay their…

Social Security

SSI Payment Update: July 2025 Disbursement Confirmed — What You Must Know

The July 2025 SSI payment will be made on July 1st, but June’s payment came early to accommodate a weekend. This adjustment may seem confusing, but it ensures that recipients…

SSI payment july

How Trump’s Tariffs Could Make Canned Tuna, Beans, and Spam Unaffordable for Millions

With rising food prices and a looming reduction in SNAP benefits, Trump’s tariffs on steel and aluminum are set to have far-reaching effects. Experts warn that the cost of canned…

Trump canned tuna and beans tariffs

Us Inflation Holds Steady in May, but Tariffs Set to Drive Prices Higher

U.S. consumer prices saw a modest 0.1% increase in May, as gasoline prices fell and housing costs rose. However, inflation is anticipated to accelerate in the coming months due to…

The word inflation is spelled out in scrabble letters

Trump Secures Deal to Unlock Rare Earth Access Amid Trade Tensions

After months of trade disputes and rare earth supply disruptions, President Trump has announced a deal with China that will restore access to critical minerals. The agreement, which includes a…

Donald trump rare earth deal

Social Security Changes Could Cause Major Delays for Millions of Americans

Social Security workers have raised concerns about delays at the SSA as new changes, including a focus on the Social Security Fairness Act, disrupt normal operations. These shifts may cause…

Social Security

SNAP Recipients to See Additional Benefits in Some Areas

Federal authorities have introduced expanded SNAP benefits to support communities facing food insecurity due to recent severe weather, ensuring vital assistance reaches those most in need.

SNAP

$1,702 Direct Payment Set for June — Who’s Getting It?

A scheduled direct payment this June will deliver funds to eligible residents under a longstanding Alaska initiative tied to state revenue.

Person Holding US Dollar Bills

Expanded Benefits Update: Social Security Fairness Act Reaches Millions

The Social Security Fairness Act is changing the landscape for millions of workers. With the repeal of key provisions, expanded benefits are now reaching those previously affected by the Windfall…

Social security benefit updates

When to Expect Your IRS Tax Refund in June 2025: Key Dates and Tips

The IRS is processing 2025 tax refunds throughout June, with timelines varying based on filing method and date. Electronic filers with direct deposit typically receive refunds faster than paper filers.

IRS forms with tax refund USA currency

Social Security Payments Scheduled for June 2025 and SSI Payment Details

June 2025 will see a modified Social Security payment schedule, especially for Supplemental Security Income recipients, due to the first day of the month falling on a weekend. Payments will…

Social Security Form Up Close

Walmart Reaches Deal to Open Popular Fast-Food Chain in Stores

Walmart is partnering with a popular fast-food chain to open in-store restaurants, bringing familiar flavors to six locations and reshaping the retail dining experience.

A Walmart storefront with its logo

Hundreds of CVS Pharmacies Shutting Down in 2025: Here’s What We Know

CVS is closing 271 stores across the U.S. in 2025 as part of a major corporate overhaul — but the full list of locations remains under wraps.

CVS Pharmacy

FDA Issues Urgent Recall of Aldi Salmon Over Undeclared Allergen Risk

The FDA has announced a recall of Aldi’s Atlantic Salmon Portions after discovering an undeclared soy allergen. This issue could pose serious risks to consumers with soy allergies. The affected…

FDA aldi food recall

Trump Kills the Penny: Final Coin Set to Be Ended After 232 Years

The U.S. Mint is preparing to strike its final penny after a directive from Donald Trump to end the coin’s costly production.

Penny

Washington Taxes Set to Rise for Millions as Governor Signs $78 Billion Budget

Washington state is moving forward with significant tax hikes following the approval of a $78 billion budget. These increases aim to close a $16 billion deficit and fund essential services…

Washington tax rise

Trump Administration Pulls $24 Million from Denver’s Migrant Support Programs

Denver has just lost a crucial $24 million federal grant, putting migrant support programs at risk. This sudden cut comes amid a wider federal crackdown on sanctuary cities. The full…

Denver

US Wholesale Inflation Falls Despite Tariffs Rollback and Market Expectations

Wholesale inflation eased sharply in April, surprising forecasters and hinting at weaker price pressures despite ongoing trade tariffs. Analysts remain cautious, warning that the full impact of recent policy changes…

Man shopping in supermarket out-of-stock, looking at empty shelves.

New Legislation Pushes for Medicaid Work Requirements Across the United States

The proposed Medicaid work requirements are reviving legal and political battles across the country, as states seek to redefine eligibility rules and shift more responsibility for healthcare coverage onto individuals…

Top view of stethoscope,magnifying glass,plant and blackboard written with Medicaid on wooden background. Health concept.

Social Security Benefits at Risk for Older Americans in Student Loan Default

Retirees across the United States could soon see cuts to their Social Security benefits due to long-overdue student loans, as federal recovery efforts target hundreds of thousands in default.

Social security May 14 payments

Walmart Signals Price Hikes as Trump Tariffs Drive Early Consumer Demand

Walmart anticipates passing tariff-related costs onto consumers starting in late May, signaling potential price increases across key product categories as trade pressures intensify.

A Walmart front

Social Security Fairness Act May Affect How Retirees Pay Medicare Premiums in 2025

Millions of retirees will see changes in how they pay Medicare premiums as their Social Security benefits are reinstated under a new federal law, shifting many to automatic deductions.

Social Security

Minnesota Wildfire Spreads Rapidly, Engulfing Over 35,000 Acres of Forest and Homes

Three major wildfires are actively burning across northern Minnesota, with tens of thousands of acres affected. The fires have destroyed numerous structures and prompted emergency evacuations in several counties. Firefighters…

Minnesota wildfire

Inflation Slows in April as Grocery and Gas Prices Drop

Inflation eased to its lowest annual rate since February 2021, signaling a potential shift in consumer price trends amid ongoing economic uncertainty.

Inflation

Millions of U.S. Households Struggle to Meet Basic Living Costs, Study Reveals

A new study shows most U.S. households no longer earn enough to cover even the basics. Rising costs in key areas like housing and health care are outpacing wages for…

US households cost of living crisis

Trump’s 2025 Executive Order Could Mark the End of Paper Checks for Taxpayers

The IRS will soon stop accepting and issuing paper checks for tax transactions. Taxpayers will need to switch to digital methods like direct deposit or electronic transfers.

Donald Trump

How Trump’s Spending Limits Are Quietly Paralyzing U.S. Agencies

A silent freeze on federal spending is stalling daily operations across U.S. agencies. From research labs to weather services, vital work has been forced to a standstill under new approval…

Trump spending cuts

Why SSI Recipients Will See Two Payments in May — But Only Some Will Benefit

Some SSI recipients in the United States will notice two deposits this May, prompting widespread attention. While it might seem like a bonus, it's not additional aid. A technical shift…

SSI double payments

Once Struggling Seafood Chains Are Back—and They’re Making Waves in the Industry

After struggling for years amid changing consumer preferences and economic challenges, several once-popular seafood chains are making a remarkable comeback.

Seafood Meals

Walmart’s Controversial Charge: What’s Really Behind the $6.99 Fee?

Walmart reintroduces a $6.99 fee for small online grocery orders under $35 for low-income shoppers, denying any link to tariffs.

Vegetable Aisle at Walmart

TSA Warns Travelers: $17,000 Fines for Bringing Banned Items on Planes

TSA warns travelers of $17,000 fines for bringing prohibited items on flights, emphasizing safety with stricter penalties and enforcement.

Blue suitcase on airport carousel

DOGE’s $40B Spending Cut: Over 500,000 Federal Cards Deactivated

In an unprecedented move to curb government spending, DOGE has suspended over 500,000 federal credit cards. This initiative, which affects 32 federal agencies, aims to eliminate inefficiencies and reduce the…

DOGE credit cards cut

Tariffs to Stay: US Shoppers Face ‘Shared Sacrifice’ as Trump Trade Plans Hit Holiday Prices

As the White House doubles down on its trade war strategy, American households are bracing for steeper prices on everyday items. With Europe stepping back from US imports and boycotts…

Tariffs looming in holiday season

Trump Downplays Tariff Pain, Says Cheap Fuel Outweighs Costly Imports

President Trump is making headlines again after minimising the impact of rising prices caused by new tariffs. As petrol prices fall, he argues they offset the cost of pricier goods.…

trump meet the press meeting

The Hidden Costs of Tariffs on Your Favorite Brands: Coca-Cola, Amazon, and More

Major consumer brands are feeling the impact of rising tariffs, especially those importing goods from China. Coca-Cola, Amazon, and Adidas are facing rising costs, with some brands forced to raise…

Tariff effect on brands

CIA Faces Deep Staffing Cuts Under Trump’s Federal Downsizing Plan

The Trump administration is preparing to shrink the CIA’s workforce as part of a broader push to reduce federal staffing. Internal sources describe the move as calculated and methodical, not…

CIA Layoffs

Bread Recall Alert: Glass Fragments Found in Popular Bakery Items

A Maryland-based bakery is recalling several of its frozen products after glass fragments were found in some batches. The recall affects multiple states and involves a significant amount of product.

Slices of Bread (Image credit: Canva)

Retail Giant Slashes 500 Locations Across the U.S. by August

A major retail chain is closing 500 stores across the U.S. by the end of this fiscal year, citing rising costs, shrinking profits, and increased competition.

Retail Giant Slashes 500 Locations Across the U.S. by August Image Scott Olson (Getty Images)

Trump’s Third Term: From Joke to Serious Talk

Trump’s offhand remarks about a third term have shifted from playful jokes to statements that raise serious questions. While legal experts point out the constitutional barriers, his growing support among…

Trump third term

Vietnam Still Reels from War Legacy as Trump Halts Funding for Explosive Cleanup Efforts

Fifty years after the Vietnam War, unexploded mines still pose a deadly threat. Now, the Trump administration's decision to freeze vital funding for cleanup efforts could leave many at risk.…

trump vietnam oxo

US-Ukraine Strike Landmark Mineral Deal Amid Shifting Global Power Dynamics

After months of fraught negotiations, the United States and Ukraine have sealed a minerals agreement that links post-war reconstruction to access over critical natural resources. Championed by President Trump, the…

US Ukraine mineral deal

Republican Student Loan Overhaul Proposal Targets Income-Driven Repayment Plans

The GOP plan replaces income-driven repayment options with a single, longer-term alternative. Millions of borrowers could face higher student loan payments under the proposed changes.

Piggy bank with graduation cap beside a jar labeled Student Loan

Uber May Suspend Colorado Operations Over New Rideshare Safety Bill

Uber has warned it may shut down operations in Colorado if a new rideshare safety bill becomes law. The company argues the legislation imposes costly and invasive requirements without clear…

A map of Colorado with a miniature vehicle displaying the Uber logo

Why Europe Can’t Compete with the US as a Global Power Without Overcoming Its Colonial Mindset

Europe’s quest to become a dominant global power faces a critical barrier: its colonial history. As the EU seeks greater influence, it must confront outdated mindsets that undermine its relationships…

Europe and US flags

Trump’s Tariff Adjustments Aim to Ease Strain on US Carmakers

President Trump is revising his tariffs on foreign auto parts to ease financial strain on US carmakers. The decision provides some relief from the 25% tariffs on imported cars and…

US automakers tariffs

Musk’s DOGE Chaos Begins to Fade – But Deeper Consequences May Loom

Musk’s withdrawal signals a potential shift in pace, but observers remain wary of the ongoing impact of DOGE's actions, particularly concerning the use of sensitive government data and the destabilization…

Musk DOGE retreat

Nobel-Winning Economist Warns of Likely Us Recession Amid Tariff Uncertainty

Paul Krugman, Nobel Prize-winning economist, highlights growing fears of a U.S. recession triggered by unstable tariff policies. His latest warning points to deep uncertainty impacting businesses and consumers alike.

Nobel Laureate Paul Krugman

New U.S. Bill Could Double Driver’s License Duration, Ending Frequent Renewals

A new proposal in North Carolina could extend the validity of your driver’s license by two years, offering temporary relief for those struggling with DMV delays.

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