Personal

As the class of 2023 steps into a notably altered job market, the traditional belief that STEM fields guarantee job security is being challenged. A recent analysis from the Federal Reserve Bank of New York highlights a curious paradox: graduates from fields like art history and philosophy are outpacing their peers in computer science and

As the House progresses toward a vote on a spending package that could redefine child tax credits, it’s essential to dissect the implications, both intended and otherwise. At first glance, the potential increase in the child tax credit from $2,000 to $2,500 per qualifying child has been framed as a win for families. However, beneath

As House Republicans rally around a proposed tax package that could deliver trillions in tax breaks, a crucial moment in U.S. fiscal policy is upon us. The House Ways and Means Committee’s recent decision to advance significant aspects of President Donald Trump’s economic agenda showcases a stark division within Congress. A narrow 26-19 party-line vote

As the debate surrounding the House Republicans’ latest tax bill unfolds, it becomes clear that a multitude of factors could influence the final outcome. At the heart of this legislative landmark is an effort to reflect President Donald Trump’s long-touted priorities while also addressing contemporary fiscal concerns. The House Ways and Means Committee’s recent unveiling

In a shocking revelation, the Yale Budget Lab has unveiled that the current average effective tariff rate in the U.S. stands at 17.8%, marking the highest level since 1934. This figure does not merely reflect a casual trend but represents a significant economic policy shift that can have far-reaching implications for American households and businesses

As the U.S. gears up for another round of tax reform discussions, President Donald Trump’s tax initiatives are edging into the spotlight. The House Ways and Means Committee, responsible for tax legislation, recently disclosed preliminary details of the proposed bill. However, given the contentious political climate, one should tread cautiously as the final form may

In a surprising turn of events, former President Donald Trump has re-entered the tax policy discussion with a proposal to raise the top federal income tax rate for the wealthiest Americans. Although this idea may appear to some as a noble move to support lower-income workers, a careful examination reveals that it is fraught with

Navigating today’s job market feels like traversing a minefield — laden with unprecedented challenges despite favorable structural conditions. The unemployment rate may have settled at a mere 4.2%, accompanied by job growth exceeding forecasts. However, these surface-level statistics mask the underlying dysfunction: businesses today are hiring at their slowest pace since 2014, and a staggering

In the landscape of economics, inflation rates serve as vital indicators of a nation’s financial health. However, the interplay between inflation, disinflation, and even pockets of deflation can reveal intricate patterns affecting consumer spending and investment decisions. Recently, segments of the U.S. economy have experienced price drops, challenging conventional wisdom about an ever-inflating market. While

After a prolonged pause on student loan collection efforts instituted during the pandemic, the Trump Administration is reactivating measures to collect on defaulted loans. This shift marks a notable pivot from the leniency adopted by the current administration, effectively placing over 195,000 borrowers back in the crosshairs of aggressive financial actions. The decision to increase

Just when beneficiaries expected a stable environment regarding their entitlements, the Social Security Administration (SSA) made a startling announcement. Initially, the SSA proposed a staggering 100% withholding rate on new overpayments of benefits, which raised alarms among advocates and beneficiaries alike. However, in a recent revision, that rate has been mitigated to 50% for certain