Economy

The U.S. tax season is here, bringing potential tax refunds due to the “One Big Beautiful Bill Act,” signed in 2025.

The “fog of war” creates battlefield confusion, affecting economies too, especially when involving vital oil routes.

Michael W. Green stirred debate by proposing a $140,000 U.S. poverty line for families, challenging current standards.

In 1960, 72% of adults were married. Today, 46% of U.S. adults are unmarried, with many employers lagging behind in adapting workplace policies to this demographic shift.

Economists found that accounting for unpaid work, like house chores, reveals greater inequality in U.S. living standards.

In February 2026, Panama took control of two Panama Canal ports from a Hong Kong firm, amid U.S.-China port tensions.

U.S. officials are aiming to curb direct-to-consumer drug ads, with concerns over medication costs and patient impact.

Paul Allen’s estate is selling the Seattle Seahawks, a major asset, potentially fetching over $6.5 billion for charity.

Economist Larry Summers will resign his Harvard professorship, following scrutiny over ties with Jeffrey Epstein.

Mutual aid gifts via platforms like GoFundMe can be taxed as income, complicating support for crisis relief efforts.

President Trump’s economic agenda suffered a setback as the Supreme Court deemed his sweeping tariffs unconstitutional.

SNAP-Ed taught over 1.2 million people vital skills for healthy living. Despite its success, it was defunded in 2025.