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Americans grow more pessimistic about their finances, New York Fed finds — expert warns of ‘tough choices’ ahead
Americans grew increasingly pessimistic about their finances and inflation expectations, according to a New York Federal Reserve survey released this week.
The problem with ‘good debt’: Why borrowers should think twice about the label
Financial experts warn that “good debt” like mortgages and student loans can become burdensome despite their investment potential, cautioning borrowers against overextending themselves based on misleading labels.
U.S. Energy Red Tape Gives China an Edge
Former U.S. officials from six administrations urge Congress to pass a bipartisan permitting reform bill to accelerate energy infrastructure development and help the United States compete with China’s industrial expansion.
Gas Network Retirement Is Becoming A Real Utility Planning Tool
Gas utilities are increasingly using geographic coordination to retire gas infrastructure as electrification spreads, with California and Massachusetts implementing new regulatory frameworks to evaluate which pipes should be maintained versus replaced with electric alternatives.
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No order, no seat: Starbucks China rolls out new store policy
Starbucks China requires customers to purchase items to sit in its 8,000 cafes starting this week, aiming to improve the in-store experience amid intense competition from local brands like Luckin Coffee.
Thursday briefing: The crisis putting maternity units in England at risk of closure
Up to 20 maternity units in England face potential closure due to staffing shortages, with services already suspended at hospitals in Barnstaple and Yeovil amid a national maternity care crisis.
Austrian and Swiss women held captive for more than a year in Niger freed in Libya
Two European women held captive for over a year in Niger have been released and transferred to Libyan authorities in Benghazi for repatriation to their home countries.
Trump’s redistricting gave Republicans a head start, now it goes to the voters
Voters in several states are casting ballots in redrawn congressional districts following President Trump’s calls for mid-decade redistricting, which Republicans used to gain ground ahead of next month’s midterm elections.
A GOP congressman voted to cut Medicaid. It covers 62% of his district. Can he win?
Republican Rep. David Valadao voted for legislation expected to reduce Medicaid spending by over $900 billion, affecting a district where approximately 62% of constituents rely on the program.
Farm country has beef with Trump as midterms approach
Beef cattle producers in Iowa and other farm states express frustration with Trump administration policies that temporarily suspended tariffs on imported beef, arguing the move threatens their livelihoods as midterm elections approach.
Some New Yorkers hail ban on horse-drawn carriages, but drivers fear for incomes
New York City Council voted this week to ban horse-drawn carriages from Central Park starting in June 2028, citing animal welfare and public safety concerns, though carriage drivers worry about their livelihoods.
Two killed in attack on airport in eastern Saudi Arabia, authorities say
Two people were killed and eight injured in an attack on an airport in Dammam, eastern Saudi Arabia on Wednesday evening, according to civil aviation authorities.
Married at First Sight Australia: Police investigate show after ‘inappropriate’ allegations
Police in New South Wales have launched an investigation into Married at First Sight Australia following allegations of inappropriate content being shared, marking the latest controversy for the reality dating show.
The SALT deduction limit is $40,400 for 2026. Here’s how to maximize it
The SALT deduction limit increased to $40,400 for 2026 under recent tax legislation, offering higher-income earners strategies to maximize deductions through bunching and prepayment tactics.
Health insurance open enrollment: Use this ‘algorithm’ to pick a plan, financial advisor says
Americans entering open enrollment for 2027 health insurance face complex plan choices. Financial advisors recommend a systematic approach considering health needs and cost factors.
She made college ‘good debt’ for herself. Can she do the same for her daughter?
Families are increasingly using strategies like dual enrollment to reduce college costs as tuition has surged 74-101% over three decades, with rising student debt now totaling $1.85 trillion.