In early March, the governor of California said his state would have a balanced budget of $322 billion for the upcoming year, planning for a $363 million that would keep it balanced. This was said to be balanced, but the budget plan was based around a very thin margin. All
Imagine you're an investor. You might have been a bit worried and wondering what the Federal Reserve would do with interest rates this year. In the early hours of Thursday, the 10-year Treasury yield was a little lower than it had been before. It went down by 5 basis points. The 2-year Treasury
What if New York City's latest traffic charge is about to change? In the buzzing city of New York, there’s been talk about stopping a new rule that charges drivers for entering busy areas. The big boss of transportation, the Department of Transportation, is on the fence about this. These updates w
Fed up with federal funding chaos? Picture this: A judge says that he might stop federal agencies from halting payments, even though a memo that ordered the freeze has been called off. Confusion continues to reign because of the administration's actions, and federal funds are still stuck in limbo.
The Federal Reserve is about to make a big call on interest rates, and President Trump might not be happy about it. The Fed is expected to pause on rate cuts this week, mainly because inflation hasn’t made much progress lately. This move aligns with a strong economy and low unemployment, but some th
On Wednesday, the White House Office of Management and Budget reversed a memo that froze federal grants. This memo, sent on Monday evening, caused confusion and legal challenges. The goal was to review spending that might not align with Trump's recent executive orders, like those targeting diversity
Imagine this: you're among the millions of Americans who rely on Medicaid for healthcare. Now, picture the Republican Party proposing major cuts to this lifeline, aiming to fund tax cuts and immigration policies. Democrats warn these changes could strip 22 million people of their health coverage, br
On Wednesday, U. S. stock indexes are floating around as traders anxiously await the Federal Reserve’s interest rate call and results from major tech firms. The S&P 500 dipped slightly, while the Dow rose slightly. The Nasdaq, however, slipped a bit. This comes after a week of market shifts due to q
The White House put a halt on federal grants and loans on Monday, but don't worry, student loans are safe! The Department of Education clarified that the freeze won't affect college financial aid or student loans. The pause is a chance for the White House to review funding that doesn't match Preside
In January, Denver Public Schools (DPS) announced a new all-gender bathroom at East High School. This decision was based on student requests and aimed to create a more inclusive space. However, the U. S. Department of Education (USDE) has now launched an investigation. They claim that converting a f
