Economy
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‘Neither work nor home’: Dairy Queens as community hubs in rural Texas
To be sure, the view of Dairy Queen as a community’s social hub doesn’t ring true as much as it did decades ago, even in rural Texas.
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You’re paying taxes today—but are billionaires and big corporations dodging theirs?
Congress is prioritizing the ultra-wealthy and corporate greed over everyday American people this tax season. Now, community organizations across the US are fighting back—here’s how you can get involved.
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Women’s clothing is often more expensive — and it’s partly due to tariffs
Two Democratic members of the House are pushing for a study of ‘pink tariffs.’
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Medical debt will no longer appear on credit reports for all Americans
This new rule will erase an estimated $49 billion in unpaid medical bills from the credit reports of roughly 15 million Americans, according to the Consumer Financial Protection Bureau. The agency estimates that the new federal rule could help boost consumer credit scores by an average of 20 points.
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Sick of hidden fees on concert tickets and hotel stays? A new federal rule bans them.
Now, live event businesses and hotels must clearly list their prices in both their advertising and pricing information.
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Harris wants to give workers more rights and expand opportunities for non-college educated workers. Trump’s plans could cost jobs.
Harris has vowed to strengthen workers’ rights, expand financial support for the working class, boost opportunities for non-college graduates, and raise the minimum wage. Trump, meanwhile, has promised to implement tariffs on imports and repeal federal investments in clean energy, both of which would likely lead to job losses.
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Kamala Harris proposed a plan to help small business owners. Trump’s plan could send their costs through the roof.
Vice President Kamala Harris intends to support small business owners and entrepreneurs by reducing their expenses and increasing their access to capital. Trump’s tariff proposal, however, could cause small businesses’ costs to rise.
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Trump’s tariff plan would raise prices and ‘reduce the living standard of Americans,’ economists say
Trump’s plan would effectively be a sales tax that disproportionately harms working-class families and could cause a trade war that hurts US companies, economists say.
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Trump’s economic plans would worsen inflation, experts say
Mainstream economists warn that Trump’s plans to impose huge tariffs on imported goods, deport millions of migrant workers, and demand a voice in the Federal Reserve’s interest rate policies would likely send prices surging.
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Harris wants to give working families a tax cut and raise taxes on corporations. Trump would do the opposite.
Kamala Harris has proposed increasing the corporate tax rate, expanding the child tax credit, and cutting taxes for more than 100 million working and middle class Americans. Donald Trump, meanwhile, said he wants to permanently extend tax breaks that primarily benefited the ultra-wealthy and corporations.
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Harris wants to cap child care costs and expand the child tax credit. Trump’s solution? Tariffs.
Harris has proposed capping families’ child care costs to 7% of their income and offering families of newborns up to $6,000 in the first year of the child’s life. Trump, on the other hand, has focused on tariffs as a solution to the child care crisis, despite evidence showing they would only raise costs for…
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Harris wants to lower grocery prices by taking on price gouging. Trump’s plan would increase prices.
Kamala Harris has said that she will call on Congress to pass a federal ban on price gouging and give the federal government more authority to prevent consolidation in the food industry, if elected. Donald Trump, on the other hand, wants to impose tariffs and reduce food imports, a plan that would cause food prices…
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Harris’ plans aim to make housing more affordable. Trump’s plans are less clear.
Harris has vowed to increase the available housing supply by three million homes and to provide lower-income first-time homebuyers with up to $25,000 in down payment support. Trump, on the other hand, has offered no specific plans for addressing the housing crisis.
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Fed’s decision to cut interest rates could lower housing costs
The announcement from the Federal Reserve will lower mortgage rates and encourage more building of apartments, which could lower rental costs.
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High food prices are hurting Texas families. Here’s what Kamala Harris has proposed to lower costs.
The vice president has said that she will call on Congress to pass a federal ban on price gouging and give the Federal Trade Commission more authority to prevent consolidation in the food industry.
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Kamala Harris proposes plan to make it easier for Texans to start small businesses
Harris has proposed expanding a tax deduction for costs that are incurred while starting a business, creating a new fund that would allow the country’s smallest banks to cover the interest accrued on loans to new businesses, and more.
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Kamala Harris wants to make it easier to afford housing in Texas
After years of a worsening housing crisis in Texas, Kamala Harris’ proposals seek to create three million homes by 2028, provide down payment assistance to first-time home buyers, and crack down on price fixing among corporate landlords.
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Big corporations are suing to block Biden’s efforts to lower costs
From the cost of medication to education to everyday expenses, the Biden administration has passed several laws and implemented many federal rules taking on giant corporations, but big businesses are fighting tooth and nail to protect their profits.
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Millions of Americans could file their taxes for free starting in 2025
The IRS’ Direct File program was rolled out on a limited basis in 12 states this past tax-filing season and saved 140,000 taxpayers who used it an estimated $5.6 million in filing costs. Now, the agency is looking to expand it nationwide.
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Senate Democrats call for industry-wide investigation into Big Oil amid price-fixing and collusion allegations
Senate Democrats joined their House counterparts in calling for an industry-wide investigation into Big Oil collusion and price-fixing allegations, which they say cost US consumers at the pump while driving up corporate profits.
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Sick of absurd Ticketmaster prices? Biden’s DOJ is going after them
The lawsuit is backed by attorneys general for 29 states plus Washington, D.C., and alleges that Live Nation leveraged its power as a venue owner, concert promoter, and ticket seller in order to lessen consumer choice, raise prices, and eliminate its rivals.
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Price-fixing conspiracy in US oil industry cost families money, reports allege
Analysis of corporate profits and accusations of collusion by the FTC lend support to the idea that a broader oil industry conspiracy drove up post-Covid inflation for everyday Americans.
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The super rich and big corporations to face more scrutiny from Biden’s IRS
Using an infusion of funds provided by President Biden’s Inflation Reduction Act, the IRS has already collected more than $520 million from 1,600 millionaires who had unpaid tax bills of more than $250,000.
