Cannabis legalization advocates rally outside the White House in Washington, DC (Photo by … [+] Marvin Joseph/The Washington Post via Getty Images) The Washington Post via Getty Images Federal cannabis reform and legalization is a matter of “when,” not “if.” But based on the structural dynamics of Congress and the complexities of administrative action, the …
Why markets should be skeptical of federal cannabis reform Read More »
London CNN Business — The world’s largest economic relationship has fallen on hard times. The European Union and the United States – together responsible for a third of global trade – have clashed in recent weeks over US President Joe Biden’s landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which was passed by …
London CNN Business — The world’s largest economic relationship has fallen on hard times. The European Union and the United States – together responsible for a third of global trade – have clashed in recent weeks over US President Joe Biden’s landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which was passed by …
Just a few small issues to fix. Photo: Eveleyn Hockstein (Reuters) The landmark Inflation Reduction Act is the largest U.S. contribution yet to meeting global emissions reduction goals. And the American allies are not happy about it. Certainly, they are happy to see that the United States is (finally) spending hundreds of billions of dollars …
Why Europe is quietly mad about the US climate bill Read More »
Wake up, America. That ticking you hear is the US debt time bomb that with each passing day is about to explode and crash the US economy. Businesses, consumers, and especially federal and state governments have become addicted to red ink as if it were crack. Two factors fueled this borrowing frenzy: an era of …
America’s ticking time bomb: $66 trillion in debt that could bring down the economy Read More »
WASHINGTON (AP) — The U.S. House of Representatives moved urgently to end the looming nationwide railroad strike on Wednesday, passing a bill that would bind businesses and workers to a proposed settlement concluded in September but rejected by some of the 12 unions concerned. The measure passed by a vote of 290 to 137 and …
House votes to avoid rail strike and force union deal Read More »
Press play to listen to this article Expressed by artificial intelligence. BERLIN – It’s cold in Europe, the economy is collapsing and the natives are restless. There is only one answer: Blame America. Pointing across the Atlantic has long been a favorite diversionary tactic of European political elites when things start to get dicey on …
President Joe Biden and Education Secretary Miguel Cardona. The Washington Post | The Washington Post | Getty Images It’s been almost three years since people with federal student loans had to pay off their debt, and the Biden administration recently announced that borrowers have even more time. In March 2020, when the coronavirus pandemic first …
Student loan repayments may not resume until August. Here’s what borrowers need to know Read More »
As Americans head to the polls, several key personal finance issues weigh on voters’ minds and wallets. This week, the Federal Reserve enacted its fourth consecutive 0.75 percentage point increase in interest rates to fight inflation, triggering further losses in stock markets. Meanwhile, recession fears are growing, with 84% of Americans worried about how a …
5 key personal finance issues this midterm election – and what they mean for your wallet Read More »
