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X @Bloomberg
Bloomberg· 2025-11-19 18:09
Republican lawmakers are resisting Trump’s proposal to send $2,000 checks to working-class households next year ahead of a midterm election cycle dominated by voters’ concerns about the cost of living and the US economy. https://t.co/76mbCUiqOO ...
X @Bloomberg
Bloomberg· 2025-11-18 22:58
UK Chancellor of the Exchequer Rachel Reeves is seeking a probe into dentistry prices and will impose tougher rules on fuel providers, pinning her hopes for reducing the cost of living on a regulator she once criticized https://t.co/61MzdTsERQ ...
New York Mayor-elect Zohran Mamdani reaches out to White House to set up a Trump meeting
NBC News· 2025-11-18 02:20
My team reached out to the White House to fulfill a commitment I made to New Yorkers over the course of this campaign. A commitment that showed a willingness to meet with anyone and everyone so long as it was to the benefit of the 8 and a half million people that call the city their home and so long as it would help to address the affordability crisis that is pushing so many of them out of this city. And SNAP is a critical part of that because what we see is that New Yorkers are struggling to afford groceri ...
401(k) hardship withdrawals more than double as people raid their retirement savings for emergencies
Yahoo Finance· 2025-11-16 17:11
Hardship withdrawals — which can be taken only for “immediate and heavy financial needs” — have risen in recent years with the rising cost of living. - Getty Images The high cost of living — with escalated price tags on everything from groceries to housing to healthcare – is hurting people’s everyday lives and forcing them to raid their retirement savings, which only inflicts even more financial pain later. As more people turn to their 401(k) accounts for hardship withdrawals, workers are jeopardizing th ...
Is Marjorie Taylor Greene a ‘woman without a party’ now? Trump’s latest shocking move 
MSNBC· 2025-11-15 22:25
A new poll finds President Trump getting low marks on what was one of his biggest campaign issues, cost of living. The AP poll finds only onethird of Americans approve of his handling of the economy along with just 22% of independents. And it seems like Trump is all too aware of it, reportedly asking CEOs at a White House dinner this week for their advice on the matter.We're hoping to get Michael Hardaway connected back up, but we do have Brendan Buck with me. So, you're going to take all the questions, my ...
The Cities That Give You the Best Shot at a $100K Salary—And Where Your Money Will Go the Furthest
Investopedia· 2025-11-13 04:30
Core Insights - The article discusses how geographic location significantly influences the potential for earning a six-figure salary in the U.S. [2][4] - A study by ScoutLogic analyzed nearly 40 metropolitan areas to identify where high-paying jobs are most accessible, considering factors like job market strength, salary growth, and living costs [3][5] Summary by Sections Salary Potential by Location - Certain metropolitan areas, particularly those with strong tech, government, and corporate sectors, offer more opportunities for six-figure salaries [4][6] - The study emphasizes that while location is crucial, the demand for specific skills also plays a significant role in salary potential [6][7] Top Metropolitan Areas for Six-Figure Salaries - The top five metropolitan areas identified for six-figure salary opportunities are: 1. San Jose, CA - 64.7% of jobs pay over $100K, with a median household income of $157,444 and a salary growth rate of 6.5% [8][11] 2. San Francisco, CA - 59.8% of jobs pay over $100K, median income of $133,780, and a growth rate of 2.8% [8][11] 3. Denver, CO - 18.4% of jobs pay over $100K, median income of $102,339, and a growth rate of 5.4% [9][11] 4. Washington, D.C. - 26.4% of jobs pay over $100K, median income of $123,896, and a growth rate of 2.3% [9][11] 5. Portland, OR-WA - 13.2% of jobs pay over $100K, median income of $94,573, and a growth rate of 5.7% [10][11] Comparison of Other Major Metros - Other notable metropolitan areas include Boston and Seattle, which have a higher percentage of six-figure jobs but rank lower due to higher living costs [12][11] - San Diego, Charlotte, and Salt Lake City also feature in the top 10, balancing income potential with moderate living expenses [13][11] Detailed Data on Salary Opportunities - The article provides a detailed table of various metropolitan areas, showing the percentage of jobs paying over $100K, median household income, salary growth rates, estimated monthly costs, and overall six-figure opportunity scores [13][14]
After his election win, what bumps still lie ahead for NYC Mayor-elect Mamdani?
MSNBC· 2025-11-08 22:59
Political Landscape & Policy Agenda - Zoran Mandani, after winning the New York City mayoral election with over 2 million votes, is forming a transition team [1] - Mandani's campaign centered on affordability, similar to Bill Delasio's campaign 12 years prior, gaining significant visibility through grassroots efforts and social media [5][6][7] - Mandani plans to fund his agenda, including free universal child care, by taxing the wealthy, requiring negotiation with the state legislature and Governor Kathy Hokll, who has been opposed to tax increases [8] - The New York State legislature has moved further to the left, potentially increasing willingness for programs like universal child care [9] - Governor Kathy Hokll is open to universal child care but has concerns about funding, making it a central issue in upcoming negotiations [10] Potential Conflicts & Collaborations - The former president has criticized Mandani, threatening to withhold federal money from New York City [11] - Mandani has expressed willingness to work with the former president to lower the cost of living for New Yorkers [12] - Mandani is prepared to stand up to the former president on issues like immigration raids while seeking collaboration on affordability, such as lowering grocery prices [13]
Trump’s ‘wildly out of touch’ take on everyday prices is baffling economists
MSNBC· 2025-11-08 22:58
Affordability, the new buzzword following Democrats victories in Tuesday's elections after candidates focused on that. Exit polls show 56% of New York voters said cost of living was top of mind. In Virginia, it was the economy.And in New Jersey, taxes, followed closely by the economy, were the most important issues. As all three states elected Democrats to top leadership positions, but the president dismissed Democrat success in messaging as a conj job. We are the ones that have done great on affordability. ...
X @The Wall Street Journal
Republicans in Washington got a clear takeaway from Election Day: Focus on the high cost of living or risk big losses in next year’s midterms. President Trump isn’t convinced. https://t.co/1Tbt3rszAf ...
Nicolle: MTG is part of a 'crack' in the GOP against Trump amid affordability issue
MSNBC· 2025-11-08 03:46
Economic Concerns - Rising cost of living, groceries, and essential family needs are a growing concern for individuals [1] - Affordability is a significant problem, with constituents struggling to afford groceries, rent, and other necessities [3][4] - Some individuals are maxing out their credit cards to cover monthly expenses [4] Political Implications - Public figures acknowledge that grocery and energy prices remain high, contradicting claims of low inflation [2] - Cracks are appearing within a major political coalition, indicating potential divisions [4] - Voter discontent is leading to significant defeats for a particular political party [5] Government Spending & Public Perception - Concerns arise regarding government spending habits amidst economic struggles faced by the population [5]