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The Latest Breaking News from Josh Bivens

Tax refunds are up. Tariffs erased gains

Prices rose all year due to tariffs, quietly offsetting any boost Americans saw at tax time

Salon

Trump says affordability crisis is over. Voters and data disagree

Despite claims, polls and economists say tariffs and structural pressures keep US households under strain

The Guardian - US

Medicaid might pay for Trump's tax cuts

House Republicans want to pay for their tax cuts by cutting social services used by the working class

Salon

From analysis to the latest developments in health,
read the most diverse news in one place.

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

The Independent UK

CEO Compensation Skyrockets While Workers’ Pay Barely Keeps Up

Executive total compensation surged nearly 13% in 2023, outpacing both inflation and worker pay increases.

Capital & Main

Retailers beware: Resumption of student loan payments could lead some buyers to pull back

The reprieve is over

The Independent UK

Danger and deja vu: what 2011 can tell us about the US debt ceiling crisis

Congress appears to be facing its biggest debt standoff in years – and the consequences of default could be disastrous

The Guardian - US

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Latest US inflation data raises questions about Fed’s interest rate hikes

Experts say raising rates ‘isn’t working’ and that the real culprits are corporate pricing, energy costs and supply chain

The Guardian - US

A recession would be worse than this

With inflation, there are winners and losers. With a recession, everyone loses.

Axios

What's causing inflation? One expert walks through some of the factors

As many Americans continue to struggle financially because of inflation, we set out to clear the air on some common claims about what's going on.

WEKU

Who's to blame for inflation? We fact-check some common claims

As many Americans continue to struggle financially because of inflation, we set out to clear the air on some common claims about what's going on.

WEKU

Inflation: Does price-gouging drive up the current rate?

Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits

The Independent UK

Greedflation: Is price-gouging helping fuel high inflation?

The Independent UK

Should we raise unemployment to fight inflation? No, we need to protect jobs no matter what

If economic history teaches us anything, it's that when times get tough, working men and women get targets painted on their back.

Los Angeles Times

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