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Joseph Zeballos-Roig
25 May 2022, 04:25
Mitt Romney pummels $28 million House bill to help the FDA fix the baby formula shortage
The measure faces an uncertain future in the Senate among Republicans wary of more government spending.
Madison Hoff
25 May 2022, 01:40
How much gas costs in different regions of the US
These maps using data from the Energy Information Administration show just how much gas costs and how prices have changed since the start of the year.
Ben Winck,Alcynna Lloyd,Madison Hoff
25 May 2022, 01:05
What housing bubble? US new-home sales just plunged to pandemic-era lows
Sales of new homes in the US slowed to an annual pace of 591,000 units in April, falling well below the 750,000-unit forecast to a two-year low.
Ben Winck
25 May 2022, 00:41
The massive gap between rich and poor Americans costs the US economy more than $300 billion every year, study says
The top 10% is the only group to have their income share grow since 1979. That's slowing economic growth, according to the Economic Policy Institute.
Ayelet Sheffey
24 May 2022, 23:25
Tom Cotton says White House aides with student debt 'should be banned from working on Biden's scheme' to forgive loans
The GOP senator has consistently slammed Biden's plans to cancel student debt, arguing it will cost taxpayers and win Democrats votes.
Gabrielle Bienasz,Cadie Thompson
24 May 2022, 22:27
Expect the hot labor market to continue for 3-5 years, even with an economic slowdown, KPMG US chief exec says
Paul Knopp, CEO of KPMG in the US, told Insider the labor market will stay hot for the next few years.
Jason Lalljee
24 May 2022, 22:25
Babies are back: The number of Americans who had a kid in 2021 rose for the first time in 7 years
After pushing it off for years, Americans of a certain age — namely, Millennials — may be deciding it's finally time to become parents.
Ayelet Sheffey
24 May 2022, 21:43
Student-loan cancellation activists just wiped out $1.7 million in student debt for nearly 500 HBCU students
Bennett College, a women's HBCU, held 462 school-related debts dating back as far as 1996. Over the weekend, the Debt Collective paid them all off.
Juliana Kaplan
24 May 2022, 20:27
Cult-favorite supermarket Trader Joe's is known for being friendly. One worker says she's unionizing so the store will live up to that perception: 'We want them to continue to be great jobs for people.'
When Maeg Yosef, a crew member at a Massachusetts Trader Joe's, heard about Starbucks unionizing, she said "well, we could do that."
Ben Winck
24 May 2022, 15:06
Deloitte lays out 4 steps to keep the climate crisis from tanking the global economy over the next 50 years
Tackling climate change will require massive investments, but it can leave the world economy $43 trillion richer by 2070, according to Deloitte.
Huileng Tan
24 May 2022, 10:39
Sacramento police offered $50 gas gift cards to people who turned in their guns — and they were flooded with demand as gas hits $6 a gallon
The "Gas for Guns" exchange program was supposed to run for five hours, but the police ran out of gift cards in just 45 minutes.
Joseph Zeballos-Roig
24 May 2022, 05:24
Manchin spars with GOP senator over the Trump tax cuts, saying they were 'unfairly' tilted for the wealthiest Americans
Manchin went back and forth with GOP Sen. Roger Wicker. He also raised new hope of a deal on President Joe Biden's stalled agenda.
Jake Epstein
24 May 2022, 01:19
Russia's economy is 'imploding' as exports to the sanctioned country plummet, economists say
European and Western countries have routinely sanctioned Russia in a bid to cripple its economy over its unprovoked war in Ukraine.
Joseph Zeballos-Roig,Madison Hoff
24 May 2022, 00:19
2 maps show how bad the Obamacare time-bomb could get for Democrats if it goes off just before the midterms
If Democrats fail to resurrect Biden's agenda, millions could see their healthcare premiums sharply rise a week before the midterm elections.
Ben Winck
24 May 2022, 00:04
Biden says a recession isn't a given — but the rest of the recovery is going to be a 'haul'
The US recovery puts its economy in a stronger position than other countries, Biden said, adding that a full rebound was "going to take some time."
Ayelet Sheffey
23 May 2022, 21:47
Student-loan borrower advocates just sued Biden's Education Department for leaving 'countless borrowers in the dark' over stalled relief
Former students of defunct for-profit Westwood College have been waiting six years for student-loan relief, and advocates say it's time to deliver.
Madison Hoff
23 May 2022, 21:09
Young Gen Zers are 'flocking' to summer jobs as businesses desperate to fight the Great Resignation offer higher pay and require less experience
Wages for jobs that typically attract teenagers are rising, and some businesses are willing to hire a younger worker in a more senior role right now.
Lina Batarags
23 May 2022, 16:54
Sri Lanka is running out of food, medicine, gas, and money — but the tourists just keep coming
"I was just there, didn't even notice. I had an amazing three weeks," one woman wrote on Facebook in response to a question about protests and safety.
Katie Boon
23 May 2022, 15:39
One billionaire was minted every 30 hours during the pandemic. Now, a million people may fall into extreme poverty every 33 hours, Oxfam estimates.
In 2021, China minted 62 new billionaires, including Chris Xu, the founder of online fashion giant Shein. The US produced 50 pandemic billionaires.
Jason Lalljee
23 May 2022, 14:49
Meet a 37-year-old with a student-loan bill $30,000 higher than when she graduated from college in 2008: 'I have a good job and no kids, but I have this debt'
Shanna Bennett chose a career in business psychology thinking she'd make enough to pay her debts. Now she wishes she'd considered community college.
Huileng Tan
23 May 2022, 12:14
Food and energy tycoons made $1 billion every 2 days amid soaring inflation while millions 'are skipping meals, turning off the heating': Oxfam
Oxfam is calling for permanent wealth taxes and windfall taxes on the super-rich and large corporations.
Juliana Kaplan
22 May 2022, 18:19
Amazon's first warehouse union marked the true turning point towards 'real change' for workers, says a labor-history professor
Christian Smalls went from getting fired by Amazon to kickstarting the labor movement. It's a tipping point after years of declining union membership.
Hannah Towey
21 May 2022, 23:39
Russian oligarchs and companies aren't invited to Davos for the 2022 World Economic Forum annual meeting, marking their first absence since the fall of the USSR
Oligarch Oleg Deripaska is known for his lavish parties at Davos, where models dressed as flight attendants reportedly spoon-fed caviar to guests.
Ben Winck,Juliana Kaplan
21 May 2022, 19:15
Gen Z and millennials are terrified about the economy because they've never seen a 'normal' recession before
"I feel like we're always bracing for catastrophe," one millennial told Insider. "We're just kind of gonna throw our hands up and go through it."
Paul Constant
21 May 2022, 18:40
A new proposed tax on Big Oil's profit markups offers a solution for cash-strapped Americans
Big Oil has taken advantage of inflation to raise gas prices. Here's how a new piece of legislation, the Big Oil Windfall Profits Tax, would combat that.
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