Tag: Finance News
-
Medicaid Work Requirements Unlikely To Pass After Possible Implications
The Medicaid work requirements will unlikely pass after possible implications. Should Medicaid Work Requirements Be Passed into Law? The Medicaid work requirements will require recipients aged 19 to 55 without other dependents to work, train, or join community services for 80 hours a month to be eligible for the monthly payments. According to the proposed…
-
President Biden’s Student Debt Forgiveness Program: More Than 615,000 Student Loan Borrowers Avail The Program
Many Americans waited for the highest court to rule on the legality of the student debt forgiveness program initiated by President Biden. The Student debt forgiveness program under President Biden’s Administration Many student borrowers wait for the Supreme Court to approve the legality of the student debt forgiveness program initiated by President Joe Biden.…
-
White House Economists Warn of Protracted Debt Default Impacting 8 Million Jobs and Half of the Stock Market
The report estimated the impact of a potential breach of the debt ceiling under three scenarios: brinksmanship, a short default, and a protracted default. The White House Council of Economic Advisers published a blog post that warned a protracted debt default would lead to the loss of more than 8 million jobs and cut the…
-
170,000 Consumers Having Difficult Time As Interest Rate In Mortgages Raises.
Financial Advisers directs homeowners to ask for help with the urgent issue with regards to tax raise. Roy Morgan said that most of the homeowners are at risk due to this sudden increase. Increase In Debt, Homeowners Sinking In New South Wales, 32% are now at risk due to the rise of mortgages.…
-
Treasury Secretary Warns Using 14th Amendment to Raise Debt Ceiling Would Trigger Constitutional Crisis
Treasury Secretary Janet Yellen has refused to rule out the possibility of using the 14th Amendment to declare the debt ceiling unconstitutional but emphasized that it would be a “not-good” option. The 14th Amendment says that the “validity of the public debt of the United States, authorized by law, shall not be questioned.” However, Congress…
-
Connecticut Residents Have Three Weeks Left to Apply for Energy Payment Program
Connecticut residents who are struggling to pay their winter energy bills have just three weeks left to apply for a one-time direct payment under the Connecticut Energy Assistance Program (CEAP). The program is available to low-income households and offers payments ranging from $250 to $600 to help cover energy costs over the winter Applications for…
-
Settlement Money From Facebook Are Now Available To All Users.
$725 Million Are Being Reserved For Claimants Who Are Using Facebook For 16 Years, As Long As They Fill Up A Form In A Website Provided By The Social Media. This Settlements Are The Cause Of Many Lawsuits Claiming Facebook Have Been Giving Personal Data Of Users To Third Party Sources. Settlement for A…
-
WARN Act: Oblige To Notify Workers Of Some Companies In Texas USA That Are Planning For Closures
Workers will feel anxious about job security because many companies or stores have been closed. Be grateful to WARN Act because it will oblige companies in Texas, USA. The companies must inform their workers if they plan to close their business. The WARN Act or Worker Adjustment and Retraining Notification Act The Worker Adjustment…
-
Canadian Government Offers Incentives for Zero-Emission Cars Ahead of Gas Car Ban
The Canadian government has introduced several incentives to encourage citizens to purchase electric vehicles before the country’s upcoming ban on gas-powered cars, which is set to take place by 2035. Canadian Government Introduces Incentives to Encourage Electric Car Purchases Before Gas-Powered Car Ban in 2035 The iZEV program, launched in 2019, offers incentives of up…
-
California Reparations Task Force Approves $1.2 Million Payment to Qualifying Black Citizens and $800 Billion in Recommendations for Legislature
The California Reparations Task Force has voted in favor of a $1.2 million reparations payment to be made to all qualifying Black citizens in the state, and an $800 billion package of recommendations for the state legislature to consider. California Reparations Task Force approves $1.2 million in payments to Black citizens and $800 billion in…