Inflation and a pullback in government assistance have resulted in more people having trouble paying their bills, a nonprofit found in its annual report.
Category: Budgets and Budgeting
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More U.S. Households Are Struggling Financially, Analysis Finds
The New York Times – Business: -
Why Cheap Used Cars Are So Hard to Find
The New York Times – Business:A three-year-old car was the sweet spot for buying used cars, since they have passed the peak of depreciation. But they now average about $33,000.
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Some Republicans Balk at Trump’s $5,000 ‘Dividend’ Offer
The New York Times – On the Runway:The president’s call to send a $5,000 “dividend” to every American adult if Republicans win the midterms disturbed some members of his party.
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Trump Wants to Give Out $5,000 Checks. It Would Cost More Than $1 Trillion.
The New York Times – On the Runway:The president’s pledge to hand every American adult a “dividend” if Republicans keep control of Congress in the midterm elections raises questions.
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In Trump’s Washington, Ballooning National Debt Stirs Little Action
The New York Times – On the Runway:The relative indifference to the news that the U.S. government now owes $40 trillion demonstrates how drastically the politics of deficit spending has changed.
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U.S. Debt Hits $40 Trillion as America’s Borrowing Binge Continues
The New York Times – Business:President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been hampered by spending on the Iran war, tax cuts and tariff refunds.
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An A.I. Tax Boom Could Curtail America’s Debt. But Not Solve It.
The New York Times – Business:The consequences of A.I. for the budget will largely hinge on whether — and to what extent — the technology reshapes the labor market.
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As A.I. Data Centers Spread, Pressure Mounts to Share Profits
The New York Times – Business:Policymakers around the country are maneuvering to ensure that tech giants aren’t the only ones who stand to benefit.
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How a Drone ‘Hellscape’ Might Stop a Chinese Invasion of Taiwan
The New York Times – On the Runway:Inspired by Ukraine’s battlefield gains, Taiwan is betting on drones to deter a potential Chinese invasion.
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Mamdani May Need to Find $5 Billion More a Year for Free Child Care
The New York Times – On the Runway:A new report by the Center for New York City Affairs projected that a child care system for all children under 5 could cost the city about $9 billion a year.
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Inflation Accelerated in May as Iran War Pushed Up Prices
The New York Times – Business:A closely watched measure of inflation ticked up as the conflict in the Middle East inflated energy prices.