Advocacy group calls for one-time stimulus check for Social Security recipients
Advocates are calling for a one-time $1,400 stimulus check for older Americans, saying that an upcoming Social Security boost may not be enough — and could also do more harm than good.
Advocates are calling for a one-time $1,400 stimulus check for older Americans, saying that an upcoming Social Security boost may not be enough — and could also do more harm than good.
Federal government to ask for taxes on app transactions over $600
The IRS is cracking down on business owners who use apps like Venmo, Zelle and PayPal to conduct transactions, but do not pay taxes on the income. A new rule will allow the federal government to take a closer look at business transactions on these apps when they are more than $600.
The IRS is cracking down on business owners who use apps like Venmo, Zelle and PayPal to conduct transactions, but do not pay taxes on the income. A new rule will allow the federal government to take a closer look at business transactions on these apps when they are more than $600.
Millions of capable workers are choosing not to participate in the labor force
Where have all the workers gone? That is the perplexing question in much of the U.S. and especially here in the Golden State.
Where have all the workers gone? That is the perplexing question in much of the U.S. and especially here in the Golden State.
Treasury official claims inflation part of ‘economy in transition,’ only way out is 100% global vaccination
The comments are the latest in confusing, conflicting messaging on inflation from the Biden administration.
The comments are the latest in confusing, conflicting messaging on inflation from the Biden administration.
Biden willing to shorten programs to pass $3.5T spending bill
President Joe Biden says he would prefer to cut the duration of programs in his big social services and climate change package rather than eliminate some entirely.
President Joe Biden says he would prefer to cut the duration of programs in his big social services and climate change package rather than eliminate some entirely.
Rent prices rising rapidly across the US, experts say
The average cost for rent has rapidly increased this year possibly due to a high demand in housing forcing would-be home buyers to rent due to steep costs, some experts say.
The average cost for rent has rapidly increased this year possibly due to a high demand in housing forcing would-be home buyers to rent due to steep costs, some experts say.
Fourth child tax credit payment goes out this week: What parents need to know
Families began receiving the fourth round of payments from the expanded child tax credit Friday.
Families began receiving the fourth round of payments from the expanded child tax credit Friday.
Climate change: US report targets economic risks from extreme weather
A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.
A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.
Biden signs bill raising nation's debt limit until early December
President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
President Joe Biden has signed into law a bill raising the nation’s debt limit until early December, delaying the prospect of an unprecedented federal default that would cause economic disaster.
Federal student loan payments to resume soon
Payments must resume and interest rates will be reinstalled on student loans on January 31, 2022, despite many borrowers still being in tight financial situations.
Payments must resume and interest rates will be reinstalled on student loans on January 31, 2022, despite many borrowers still being in tight financial situations.
US unemployment claims fall to lowest level of COVID-19 pandemic
U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.
U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.
Heating bills set to soar this winter as inflation hits energy prices
Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.
Get ready to pay sharply higher bills for heating this winter, along with seemingly everything else.
Port of Los Angeles going 24/7 to ease shipping backlog, White House says
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
IATSE film and television workers nationwide to begin strike Oct. 18
IATSE members who work in television and film production at 36 IATSE local unions across the country voted last week to authorize the union's president to call a strike if contract talks didn't result in a new contract.
IATSE members who work in television and film production at 36 IATSE local unions across the country voted last week to authorize the union's president to call a strike if contract talks didn't result in a new contract.
Social Security checks to increase by 5.9% in 2022 as inflation jumps
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
Social security annual cost-of-living set to increase in 2022
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
Debt ceiling: House passes short-term increase, sends to Biden
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
The House approved a short-term debt ceiling increase so President Joe Biden can sign it into law this week.
Companies hard-pressed for holiday staff despite millions of job openings
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Gas prices on the rise, leaving only 8 states under $3 per gallon
U.S. gas prices across the nation stand at about $3.25 per gallon.
U.S. gas prices across the nation stand at about $3.25 per gallon.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.