Homeownership has long been considered a cornerstone of stability and financial prosperity. Though some might say that owning a home is a dead investment, we should also consider that financial landscapes are evolving, therefore the innovative approaches to managing our assets have immensely improved. In this article, we explore a refreshing new angle that unlocks…
The increase in prices for the U.S. Postal Services’ stamps and services will begin this July 9 due to rising operation costs brought by inflation. Reasons behind the Price Increase According to USPS, the said price adjustments are required for the Postal Service to provide much-needed revenue to achieve the 10-year plan to achieve financial…
The plan aims to address a budget deficit of nearly $32 billion without depleting the state’s savings account. California Governor Gavin Newsom and Democratic legislators have reached an agreement on a budget deal to allocate $310.8 billion for the upcoming year California, which heavily relies on tax revenues from the wealthy, experienced slowed revenue growth…
The nonpartisan agency’s latest 30-year outlook reveals a projected record-high public debt of 181% of American economic activity by 2053, compared to an estimated 98% by the end of the current budget year. The CBO has released a concerning report on the US government’s financial situation, indicating continuously rising deficits, increased government spending, and a…
The businesses have demanded that city officials address the issue of homeless encampments in their neighborhoods or face potential legal consequences. A group of seven businesses in downtown San Diego has taken legal action against the city, seeking $2.5 million in damages due to the worsening homeless crisis Representing the businesses, Attorney Craig L. Combs…
According to the report, only companies involved in vital defense contracts or possessing high-level security clearance should have been eligible for such loans. A recent congressional report has shed light on a dubious $700 million COVID loan granted by the Treasury Department to a struggling trucking company using funds allocated by the bipartisan CARES Act…
In the new property tax rebates plan of New Jersey, homeowners who are 65 and above who make $500,000 or less will be eligible to receive up to $6,500 in property tax relief. New Jersey Governor and Lawmakers announced the property tax rebates plan New Jersey Governor and Lawmakers announced a deal last Wednesday…
The city currently houses approximately 50,000 migrants in temporary shelters and local hotels, while the local homeless population stands at around 49,700. New York City is facing a significant influx of illegal migrants, surpassing the number of local homeless individuals in shelters, according to NBC4 New York The surge in migrants arriving in the city…
The U.S. Small Business Administration (SBA) inspector general’s report emphasizes the susceptibility of the Paycheck Protection Program (PPP) and COVID-19 Economic Injury Disaster Loan (EIDL) programs to fraudsters, particularly during the early stages of the pandemic. New estimates from a federal watchdog reveal that over $200 billion may have been stolen from two major COVID-19…
Since the start of the COVID-19 pandemic, the Trump administration implemented a pause on student loan payments, providing relief to borrowers. Student loan borrowers are being advised to prepare for the resumption of payments in October, which could be a challenging experience for millions of people However, this pause will end soon, and borrowers need…