Ever since Donald Trump started his political career, he's been promising to safeguard Social Security. But his recent tax break proposals might backfire. He wants to stop taxing Social Security benefits, which could drain the program's funds faster. A watchdog group says this could lead to a 30% cu
Airbus, a major player in the aerospace industry, has recently announced plans to cut up to 2,500 jobs in its Defense and Space division. This decision comes in response to a tough business environment, particularly in the satellite sector where they've faced significant losses. The European company
Waking up to a bullish crypto market, stocks linked to digital currencies took off. Bitcoin hit a high of over $64,000, sparking a rise in companies like MicroStrategy and Mara Holdings, with each jumping over 5%. Coinbase wasn't left behind, climbing over 3%. Meanwhile, Flutter Entertainment, the p
You might have heard that Boeing is cutting 17,000 jobs. That's about 10% of their workforce. Why are they doing this? Well, they're losing a lot of money, and a five-week-long strike at their factories isn't helping. Boeing says they'll lose $9.97 per share in the third quarter alone. That's a lot
Boeing, a major airplane manufacturer, is planning to cut around 17,000 jobs. That's about 10% of their workforce. It's a tough move, but the company is facing big losses. One of the reasons is a strike by their largest union. Thousands of workers walked off the job, which halted production of some
2024’s elections are on their way to becoming the most expensive in U.S. history, with spending expected to hit $15.9 billion. The nonpartisan organization OpenSecrets predicts this monumental cost. What’s driving up the bill? Mainly, it’s outside groups, like super PACs, who are pouring money into
The US Forest Service is facing a significant budget cut, leading to a hiring freeze on seasonal positions for the next fiscal year. This decision affects thousands of temporary workers who maintain national forests, clean campsites, and perform critical environmental research. The agency relies hea
Vice President Kamala Harris and former President Donald Trump are both making big promises to voters. Harris wants to make housing and healthcare more affordable, while Trump aims to support manufacturers and give tax relief. But these plans come with a hefty price tag. A new study says that Harris
Chicago Mayor Brandon Johnson has announced that his entire hand-picked Board of Education will be stepping down. This has sparked criticism from 41 out of 50 aldermen, who warn of further instability in the school district. They're demanding a hearing before new board members are appointed on Monda
Bitcoin's price has taken a steep dive, falling 8% over just two days. What's behind this drop? Some major players are selling their bitcoins. The infamous Mt. Gox exchange, which went bankrupt back in 2014 after a huge hack, has started paying back its creditors. It's estimated that Mt. Gox still h
