China made big changes to how taxes are shared between local and national governments. This put a lot of pressure on local budgets. So, what happened to school funding when money got tight? Researchers looked at what happened after a big tax reform in 2002. They found that counties hit hardest by t
In May 2025, people's income took a hit. It dropped by $109. 6 billion, which is 0. 4 percent less than the previous month. This isn't great news, but it's not a total disaster either. The money people had left after taxes, called disposable income, also went down. It fell by $125. 0 billion, or 0.
In many parts of the US, there are people living on the streets. Many of them are struggling with opioid addiction. This has led to the formation of unauthorized camps in various communities. These camps are a big challenge. They raise questions about how to best support these individuals. Some pla
The link between green energy and economic growth is not as simple as it seems. Many studies have looked at how green finance and technology affect growth, but they often miss the bigger picture. A recent study tried to fix this by looking at 29 countries from 2014 to 2021. It used a special method
In Syracuse, Italy, not enough people are getting their flu shots. This is a problem because the flu can be serious, especially for those who are more at risk. A recent study looked into why some people get vaccinated while others do not. They found that age, where you live, and your relationship st
The US is thinking about taking back some special permits. These permits let American companies sell certain tech gear to big chip makers in China. The main players here are Samsung, TSMC, and SK hynix. They've been using these permits to get equipment for their factories in China. But now, the US m
Rail traffic in the U. S. has been a mixed bag lately. While some goods are moving more than before, others are seeing a slowdown. This is especially true for intermodal transport, which involves moving goods in containers by rail. The numbers show that intermodal traffic has taken a hit, likely bec
Small businesses have faced tough times lately. High costs and strict rules have made it hard for them to grow. But now, there's a new bill that could change things. This bill, called the One Big Beautiful Bill, aims to help small businesses and workers. It includes tax cuts and fewer regulations. O
The real estate market is feeling the pinch. In May, sales of new single-family homes took a nosedive, plummeting by 13. 7% compared to April. This drop brought the sales figure down to 623, 000 units on a seasonally adjusted, annualized basis. To put that into perspective, it's not just lower than
The Federal Reserve, led by Chair Jerome Powell, is in a tough spot. The economy is a bit of a mystery right now, and Powell wants to wait and see how things play out before making any moves with interest rates. This puts him at odds with President Trump, who's been pushing for rate cuts ASAP. Powe
