The "big, beautiful bill" signed into law on July 4, 2025, is said to boost the economy and improve financial stability. However, a closer look shows it may widen the wealth gap, especially for low-income and minority communities. The racial wealth gap in the U. S. is already huge. Between 2019 and
The EU is planning to retaliate against the US with tariffs on a range of products. This includes aircraft, cars, machinery, chemicals, plastics, medical devices, electrical equipment, and industrial goods. The total value of these goods is less than previously proposed, at around €95 billion. The
The U. S. has slapped a 17% tax on fresh tomatoes from Mexico. This move is meant to protect American tomato farmers. But it might make tomatoes more expensive for everyone else. Mexico sends a lot of tomatoes to the U. S. About 70% of tomatoes in the U. S. come from Mexico. That's a big jump from
Seven former heads of NASA's science programs have joined forces to protest a huge budget cut. They want Congress to say no to a 47% reduction in NASA's 2026 science budget. This cut could stop many space missions and hurt thousands of scientists and engineers. It could also make the U. S. fall behi
Los Angeles is seeing a big drop in homicides. The city is on track to have the fewest murders in nearly 60 years. This is a huge deal because crime rates have been a big talking point in politics lately. The numbers show a clear trend. In the first half of the year, homicides dropped by more than
The recent tax bill signed into law has some surprising twists for private colleges. While big names like Princeton, MIT, and Harvard will see higher taxes on their endowment earnings, smaller schools with significant wealth are getting a break. This shift comes from a change in the rules that now e
Remote work has become a permanent fixture in many people's lives. Unlike what some predicted, it didn't disappear after the pandemic. Instead, it settled into a steady rhythm, becoming a regular part of the workweek for countless individuals. Let's dive into the details. On average, college-educat
Wisconsin's child care providers are facing a tough situation. The state's new budget is almost ready, but not everyone is happy with it. Some child care centers say they need more help than what's being offered. The budget has set aside $330 million for child care over the next two years. But prov
A grand celebration concluded in Venice, marking the union of a tech mogul and a media personality. The festivities, spanning three days, attracted numerous high-profile attendees, including tech entrepreneurs, actors, athletes, and royalty. The final evening's party took place in a historic shipyar
The clock is ticking on trade negotiations, and the US economy might feel the heat soon. With just over a week left before the 90-day pause on "Liberation Day" tariffs ends, the White House is scrambling to finalize deals. But with only two agreements signed and many more to go, the July 9 deadline
