Many Clay County veterans can’t afford place to live; local organizations look for help
Some veterans in Clay County are facing housing instability, and rising prices are making it harder for local organizations to secure an affordable place to live for people who served the country.
Wyoming's $30 & $4 million record funding for predator control and conservation
Wyo. — To address the increasing nuisance caused by predators, Wyoming plans to allocate over $4 million for predator control in the upcoming fiscal year. This substantial investment comes at a time of rising costs associated with predator management, driven primarily by inflationary pressures affecting various aspects of the program.
Europe Faces Recession: Germany's Economy Contracts, Inflation Surges
The Central European society is facing a difficult situation. This is due to the official recession of the European Union. It is recorded that the economy of the Blue Continent did not grow for two consecutive quarters, leading to a recession in Europe.
Chicago minimum wage to increase again in July
The minimum wage increase and fair workweek changes are effective July 1, 2023. Thanks to the yearly scheduled increase, Chicago employees will see a rise in their paychecks in July. As residents deal with insane rent surges and grocery prices that are still at a high, this increase can provide a bit of help.
The Restart of Student Loan Payments Raises Concerns for Job Market Amid Rising Inflation
As the economy attempts to recover and normalcy begins to return, another significant development looms on the horizon— the restart of student loan payments. As millions of graduates prepare to resume repaying their educational debts, concerns arise about the potential impact on the job market, particularly in the face of rising inflation.
Have you ever bought canned tuna? Here's how you can qualify for money from a class action settlement!
What is the 2023 Tuna Class Action Settlement About?. A $6,500,000 No Proof Class Action Settlement has been settled with various tuna producers in the U.S. over allegations that certain packaged tuna products had artificially inflated prices, taking advantage of consumers who ended up overpaying for canned or packaged tuna. The tuna class action lawsuit alleges that certain tuna manufacturers violated United State competition, monopoly, and antitrust laws in an effort to raise prices, including the following companies:
Second Raise for Illinois State Lawmakers Included in Budget After Voting themselves 16% raise in January
Illinois Budget Includes $5,000 Pay Raise for Lawmakers which is their second raise this year, despite many residents' financial struggles due to inflation. Illinois lawmakers are set to receive a pay raise of nearly $5,000 as part of the state budget, marking their second increase this year. The raise, amounting to approximately 5.6%, will raise lawmakers' base pay to $89,675 per year once Governor J.B. Pritzker signs the budget into law. This recent pay raise comes after lawmakers had previously voted for a 16% increase in January, increasing their salaries to $85,000. Some lawmakers in leadership positions are paid even more.
As Cost of Living Continues to Surge, Women Suffer Most
Inflation is problematic for everyone. The cost of living continues to rise far faster than wages. Rental and food prices continue to soar, and far too many people are struggling to keep up.
Federal Reserve Reports 35% Of Americans Financially Worse Than Previous Year, Highest Recorded Since 2014
A concerning statistic has emerged: 35% of American adults are reporting that their financial situation has worsened, according to the Federal Reserve's latest data. This marks the highest level of financial hardship since the statistic began being tracked in 2014.
Single mother was forced to put back things she couldn't afford. Then, a stranger offered to pay for everything.
Ree, a single mother, went to a local supermarket after running out of groceries and other necessities. But as she walked, she realized the cost had spiked since the last time she shopped. She realized that the bill would exceed her budget if she purchased everything she wanted. So she cut short her list and waited in line for her turn to bill things.
Californians Should Expect Higher Social Security Payments Next Year
In 2024, California retirees can expect the Social Security Cost of Living Adjustment (COLA) to be around 3.1%... If you're hoping for an increase in social security payments, I have some good news. Mary Johnson, the Senior Citizens League's social security and Medicare policy analyst, predicts the Social Security Cost of Living Adjustment (COLA) will be around 3.1% in 2024.
State Farm Ceases New Home Insurance in California, Citing Wildfire Risks and Escalating Inflation Costs
This post includes content assisted by AI. The insurance titan, State Farm, has declared a cessation of new home insurance policies in California, commencing from Saturday. The decision, as cited by the company, stems from the increasing severity and frequency of wildfires in the state, paired with soaring construction costs outstripping inflation rates, causing home policies to come at a premium.
DougCo cuts stipends in half but continues them through 2023
By Mike McKibbin / NewsBreak Denver / May 26, 2023. [DOUGLAS COUNTY, COLO.] — Eligible Douglas County employees will continue to receive monthly stipends throughout the year. However, they will be half as much as they received from last summer through the first half of this year.
Texans Should Get Ready For A Possible Increase In Social Security Payments
Texas retirees should expect the Social Security Cost Of Living Adjustment (COLA) to be around 3.1% in 2024... The Social Security Cost Of Living Adjustment (COLA) is expected to be around 3.1% in 2024, according to Mary Johnson, the Social Security and Medicare policy analyst for the Senior Citizens League.
Food banks see long queues just as inflation hits an all-time high
United States food banks have seen long lines making their way back amid the overwhelming financial strain that the lower-income earners are experiencing due to inflation. Food banks across the United States are experiencing a return of long queues of lower-income earning individuals hoping to receive some assistance to help feed their families.
Short Lines in Grocery Stores Highlight Consumer pull back in Spending : OPINION
Before the end of the pandemic ebt benefit extra allotment, grocery stores had notably more traffic. Just a few months ago the wait lines in grocery stores were astronomical. Going into the grocery store was a daunting task knowing that it would be crowded and short of the food people wanted and needed. Once the extra allotment of food stamps ended, a gradual decrease in foot traffic has been noted. On one hand, it is nice for the store to return back to a normal flow. On the other hand, people may be going without the food they need.
At 3.1% the 2024 Cost of Living Adjustment Will be Lower than the Average Yearly Increase
Estimates for the 2024 Social Security cost-of-living adjustment (COLA) will be about 3.1%. This is lower than the average COLA. The average COLA increase has been about 3.4% per year since 2000.
Powell’s Hint at a Pause in Interest Rate Hikes
Federal Reserve Chair Jerome Powell has indicated the possibility of a temporary halt in the increase of interest rates during the upcoming Federal Open Market Committee (FOMC) meeting.
Rochester residents can get a guaranteed increase in income
A new program launched recently, and Rochester, New York residents can apply. The initiative first started in 2022. It gave five participants monthly payments. Now, the cooperative has expanded the guaranteed income fund. They will select six applicants for the benefit.