US President Joe Biden (R) shakes hands with Speaker of the House Mike Johnson as they attend the National Prayer Breakfast Foundation’s annual event at the US Capitol in Washington, DC, on February 1, 2024. Brendan Smialowski | Afp | Getty Images The Biden administration on Tuesday announced its support for the latest short-term government … Read more
Men have been steadily dropping out of the workforce, especially men ages 25 to 54, who are considered to be in their prime working years. According to the U.S. Bureau of Labor Statistics, the unemployment rate for prime-age working men was 3.4% in August 2024. This number primarily includes those who are unemployed and looking … Read more
With the presidential election approaching, experts are sounding alarms about the upcoming expiration of the 2017 Tax Cuts and Jobs Act, or TCJA. Without action from Congress, trillions in tax breaks enacted by former President Donald Trump via the TCJA will expire after 2025. The outcome of the 2024 election will determine which political party … Read more
European Commission President Ursula von der Leyen (L) and US Vice President Kamala Harris (R) line up for the family photo at the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 2, 2023. Daniel Leal | Afp | Getty Images Vice President Kamala Harris is poised to take the … Read more
President Joe Biden, age 81, ended his 2024 reelection bid as concern for his vitality mounted within the Democratic Party. “There are cognitive issues,” said former Senator Bob Kerry, D-Neb., in a July interview with CNBC. The issue of aging lawmakers in the U.S. extends well beyond the presidency. At the start of the 118th … Read more
Whether they are the result of climate change or just freaks of nature, disasters can be costly. The NOAA National Centers for Environmental Information estimate that weather and climate disasters in the U.S. did nearly $93 billion in damage last year. “There’s really no place in the country that doesn’t have risk,” said Jeremy Porter, … Read more
Wherever you stand on the issue of climate change, chances are you are already paying for it. Take the cost of homeowners insurance, up 27% nationwide since 2021, according to data compiled by online insurance marketplace Insurify. And in some states, it’s far worse, like Louisiana, where premiums are projected to rise 23% this year … Read more
In this mobile world, we have more choices than ever about where to live. Companies in search of skilled workers know this, especially when there are far more open positions than there are workers available to fill them. That is why they consider quality of life when deciding where to locate. CNBC’s annual ranking of … Read more
The job market may have cooled a bit, but there are still far more job openings nationwide than there are people available to fill them. That means qualified workers are still a precious commodity. So, companies seeking to attract great employees like to set up shop in states that offer a great quality of life. … Read more
Inflation has come down considerably from its post-pandemic peak of 9% in 2022, and just went negative on a monthly basis for the first time since May 2020, but prices are still higher than Federal Reserve policymakers say is appropriate for a stable economy. Further hurting the ability to make ends meet: a growing insurance … Read more
