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US federal budget crosses grim milestone as interest payments overtake defense spending
Yahoo Finance· 6 hours agoInterest is now the third-biggest expenditure after Social Security and health. And not because any...
Social Security 2025 COLA estimates don't show significant increase compared to 2024
WCNC Charlotte· 7 days agoIn 2024, Social Security and Supplemental Security Income (SSI) recipients saw a 3.2% increase in...
Persistent US federal deficits hurt GDP, incomes & living standards: Piper
Investing.com via Yahoo Finance· 6 hours agoThe persistent and large federal deficits in the US, estimated at around $1.8 trillion (6.4% of GDP), are posing noteworthy risks to the economy, Piper Sandler economists said in a Tuesday report.
Social Security COLA: Projected 2025 Payments Tick up on Latest Inflation Data
The State· 6 days agoThe actual COLA for next year won’t be announced until October.
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund...
Business Insider via Yahoo News· 1 day agoFlexible funding programs like COVID stimulus checks, ARPA, and child tax credits let states...
Jamie Dimon is worried about how much the US is borrowing. Here’s why
CNN Business via Yahoo Finance· 1 day agoThe results will raise additional questions about the multi-billion dollar valuation on the newly...
Wealth inequality starts at birth. Lawmakers debate whether child savings accounts can help
CNBC· 20 hours agoAn unequal distribution of wealth in the U.S. can make it so some children are behind from birth....
What Is the Earned Income Tax Credit, and How Does It Work?
Modesto Bee· 7 days agoWhen you file taxes every year, it’s crucial to check which tax credits you may qualify for because they can decrease your bill or boost your refund. One of the most popular tax credits is the ...
What a Trump Presidency Could Mean for Inflation
GOBankingRates via Yahoo Finance· 6 days agoInflation has proven surprisingly resilient during President Biden's term, even as the Fed has aggressively raised interest rates to their highest levels...
Bitcoin and the 'memecoins' didn't get invited to the meme stock party. Here's why
Quartz· 7 days agoThis week, meme stocks came back into the limelight after Roaring Kitty, the investor behind the...