Author: Arabian Media staff
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A job-training program for low-income older adults has lost funding just as new work requirements to qualify for benefits such as Medicaid and food assistance are set to begin. Source link
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Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump portrays the tariffs he has ordered on dozens of US trading partners as a way to rebalance a global trading system that he claims is skewed against America. What is striking, however, is how some of the harshest new measures reflect blatantly political aims — shaped by presidential whim.Take Canada, a major ally, whose headline tariff rate was raised to 35 per cent, even if a carve-out for goods under the USMCA trade pact softens the impact. The…
President Donald Trump calls money from tariffs good news. But collections so far pale in comparison to the government’s deficit. Source link
Unlimited PTO became a popular benefit right after the COVID-19 pandemic, but data suggest employers are now phasing it out. Source link
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Also: A bipartisan plan to expand the home supply, an investment income strategy that lowers risk and advice from the Moneyist. Source link
Between diapers, daycare, extracurricular activities, college tuition, and more, having children is often seen as a financial drain. However, a new working paper from the National Bureau of Economic Research (NBER) suggests a surprising twist: having kids could actually increase your lifetime wealth by more than 23%. The reason? Your desire to leave behind a legacy for your children can nudge you to earn and save more over your career. Beyond saving for retirement, which tends to be a top financial priority, having kids leads parents to make intentional financial decisions that prioritize long-term security for themselves and their children.…