President Joe Biden has released a $7.3 trillion budget for 2025. The proposal lays out his vision for the U.S. economy and acts as a campaign pitch against rival Donald Trump. The plan, packed with tax reforms and spending, aims to help lower-income families by taxing the wealthy and big companies more. Tax Overhaul for […]
New York’s Eclipse Frenzy Generates Millions in Tourism Revenue
As the solar eclipse frenzy subsides, New York State emerges as the unexpected winner in eclipse tourism. Chasing the Eclipse As millions of Americans geared up to observe the rare total solar eclipse, some found themselves moving from state to state – and even to the other side of the country – to participate in […]
Wage of Freedom: America’s Quest for Reduced Hours, Fair Pay
The American workforce is experiencing a shift, as workers find themselves clocking fewer hours for the same pay, thanks to increased offerings of vacation, sick, and family leave. A Growing Gap A noticeable gap has emerged between the hours American workers are paid for and the hours they actually work, showing an improvement in work/life […]
Economic Squeeze: Retirees Hit Hard by Social Security Benefit Reductions
Retirees have been significant contributors to consumer spending in 2023, buoyed by a substantial increase in Social Security. However, this trend might see a slowdown as the cost of living adjustment (COLA) decreases this year. Record Hike in COLA In 2023, Social Security beneficiaries saw an 8.7% increase in COLA, the highest in four decades. […]
Americans Sound Alarm as Crypto Fraud Soars
SafeMoon, a name once synonymous with skyrocketing crypto gains, is now the center of a major scandal. U.S. authorities have charged the top executives with fraud. SafeMoon’s Downfall SafeMoon executives have been indicted for fraud. The company’s once high-flying token has plunged, causing concerns among crypto investors. Who’s Been Charged? Founder Kyle Nagy, CEO Braden […]
Yellen Confronts China on Trade Imbalances, Urges Fair Practices
During her week-long visit to China, U.S. Treasury Secretary Janet Yellen addressed escalating trade disputes, emphasizing the need to curtail excessive Chinese manufacturing and safeguard American interests from an influx of Chinese imports. Her remarks underscored President Biden’s commitment to preventing past economic setbacks caused by unfair trade practices. Yellen’s Diplomatic Effort During her recent […]
Texas Governor’s Border Operation: $11 Billion Funded, Nearly 500,000 Illegal Immigrants Arrested
Greg Abbott has been making headlines this week after reaching a milestone in arrests, with almost 500,000 illegal immigrants having been apprehended in the three years since his brainchild, Operation Lone Star, began operating. Border Boast Abbott released these statistics on Tuesday in his 2024 Report To The People Of Texas. Over 38,000 Arrests Made […]
Massive $6.6 Billion U.S. Investment Targets Chip Manufacturing, National Security
The U.S. government has pledged significant funds to Taiwan Semiconductor Manufacturing Company (TSMC) as a strategic initiative to enhance domestic chip production, address national security concerns, and foster a consistent supply of crucial microchips, thereby stimulating economic growth in the country. Biden’s Plan for U.S. Semiconductor Production President Biden has a bold plan to revive […]
21 Bargain Foods to Savor Abroad
Jetting off to foreign lands isn’t just a treat for the soul; it’s often a feast for the wallet, especially when it comes to indulging in local cuisine. Some dishes are not only authentic and delectable in their homeland but also astonishingly cheaper than what you’d shell out back home. Let’s take a gastronomic journey […]
Escape California Taxes: 17 Destinations in Demand
In the great California tax exodus, middle-class warriors armed with common sense and a disdain for unnecessary tax burdens are voting with their feet. They’re not just seeking refuge; they’re in pursuit of fiscal sanity. These destinations aren’t just tax havens; they’re a bold declaration of independence from the Golden State’s golden handcuffs. #1. Texas […]