It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Former President Trump is proposing tariffs, or taxes on imported goods. He plans to levy a 10% tariff on all imports and at least 60% on Chinese products. Critics warn that these tariffs would increase consumer prices, potentially offsetting any economic benefits. While the Biden administration has maintained some tariffs from the Trump era, his stance on future tariffs is unclear. Experts suggest paying attention to this policy difference as the candidates secure nominations.
President Biden has signed a $460 billion spending bill that averts a government shutdown. The bill funds various departments and extends funding for food assistance programs. Democrats compromised with Republicans on certain issues, including agency funding cuts and veterans' gun rights, to secure the measure. Despite this agreement, additional negotiations are needed to secure funding for the remaining fiscal year beyond March 22.
Trump and Biden have differing views on the future of Social Security. Trump suggests cutting "entitlements," while Biden has released a budget proposal strengthening Social Security and Medicare. This will directly affect beneficiaries, with Trump's potential cuts reducing benefits and Biden aiming to enhance them.
