Some Head Start childcare centers say they can’t get federal funds....
Some Head Start centers are unable to access federal grants and are struggling to pay staff.The federally-funded childcare centers serve thousands of low-income families across the US.Maintaining childcare is vital for parents' jobs and financial stability.Jennifer Bailey is worried about paying her staff.The federally funded childcare center she runs in Madison, Wisconsin, is one of…
Federal workers sue to stop USAID’s dismantling and the cutting of...
USAID will cut nearly all staff, reducing its workforce from over 10,000 employees to 290.Trump and Musk have criticized USAID for being wasteful and supporting liberal causes.USAID spent $32.5 billion in 2024, focusing on health and humanitarian aid.Federal workers are suing to stop the dismantling of the US Agency for International Development, which faces cuts…
Why Russia’s economy may be even worse off after the war...
Russia's economic outlook won't brighten if the war in Ukraine ends, according to CEPA.The research center thinks Russia has grown too reliant on military spending to keep its economy going without it.A huge 2025 defense budget shows how dependent Moscow become on the war. Pressure has steadily been building on Russia's economy in the three…
USAID is on Trump and Musk’s cost-cutting list. Here’s where the...
USAID distributed nearly $32.5 billion in aid in 2024, mainly to Africa and the Middle East.Many Republicans argue USAID is wasteful, while some Democrats say shuttering the agency is unconstitutional.Proposed USAID cuts may reduce aid to Ukraine, Jordan, and Ethiopia.Proposed cuts to the US Agency for International Development could reduce assistance to Ukraine, Jordan, and…
California’s largest home insurer wants to hike rates by 22% for...
State Farm wants to hike insurance premiums in California to help pay for LA wildfire damage.Insurance affordability has deteriorated with intensifying disasters and home-repair inflation.This hurts housing affordability and long-term property values.The aftermath of the Los Angeles wildfires could exacerbate a mounting challenge for California homeowners: ever-higher insurance costs.California's largest home insurance provider, State Farm,…
US Postal Service will ‘continue accepting’ parcels from China and Hong...
The USPS has reversed its position on parcels from China and Hong Kong, saying it will continue accepting them.It had announced Tuesday evening it was temporarily suspending handling these parcels, in a move that stood to hurt Chinese e-commerce retailers.USPS said on Wednesday it would "continue accepting all international inbound mail and packages from China…
100,000 eggs were stolen from a supplier in Pennsylvania amid rising...
Police say they are investigating the theft of 100,000 eggs from a Pennsylvania supplier.Egg prices have surged due to avian flu and increased holiday demand.The stolen eggs are estimated to be worth $40,000, police said.Police are investigating the theft of about 100,000 eggs stolen from a Pennsylvania supplier on Saturday, amid a nationwide hike in…
How the China tariffs will impact what US consumers pay for...
Good morning. The US Agency for International Development, or USAID, will place nearly all of its direct-hire workforce on administrative leave starting Friday at midnight, according to an email sent to staff on Tuesday evening and posted on the agency's website.Meanwhile, in today's big story, we're breaking down how the China tariffs will impact what…
USPS temporarily stops accepting inbound packages from China and Hong Kong
The US Postal Service said it will stop accepting parcels from China and Hong Kong immediately.Only parcels are affected as the temporary restriction doesn't apply to letters and flat mail.A logistics expert predicted "chaos" in the short term with disruption and cancellations.The US Postal Service said it is temporarily suspending inbound parcels from China and…
Trump wants a US sovereign wealth fund. Here’s what that could...
The president has tasked his Cabinet with coming up with a plan for a sovereign wealth fund.Such funds have grown enormously and usually manage surpluses, while the US runs a huge deficit.Still, Trump's order refers to trillions in existing national assets —a potentially telling signal.Let's compare two countries. One is known for splashy investments in…