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Labor market keeps cooling as applications for unemployment benefits rise

While new claims for unemployment benefits rose last week, the number of unemployed people rose further toward the end of June to a 2-1/2-year high, reflecting a gradual cooling in the labor market. Weakening labor market momentum and fading inflationary pressures are likely to lead the Federal Reserve to begin cutting interest rates later this […]

DC staring at $4.4 million penalty for errors in paying out SNAP benefits

The federal government is fining Washington, D.C., $4.4 million due to what it considers a higher-than-acceptable error rate in its payments to recipients of food assistance programs.  It is the second year in a row that district officials have exceeded the error rate in processing benefits in the Supplemental Nutrition Assistance Program. The Department of […]

VA adjusts home loan benefits to help veterans buy a home in a difficult market

Veterans and active duty military members can now use their VA mortgage benefits to pay broker fees. (iStock ) Buying a home is more complicated and expensive than it’s been in years. Interest rates and home prices are high, and inventory is only slowly beginning to increase. To help eligible veterans and active-duty military fight […]

Social Security Shocker: New Rules Could Change How You Qualify for Benefits – VIBUS News

Social Security Rule Changes Benefit Eligibility The Social Security Administration recently announced major changes to its assessment process. For disability benefit applications, a disabled worker’s relevant work history will now be considered only for the past five years, instead of the 15 years previously. This change aims to streamline the decision-making process and make it […]

Uber, Lyft agree to minimum pay, benefits in Massachusetts settlement

Uber and Lyft agreed to provide drivers with a minimum wage, paid sick leave and other benefits as part of a $175 million settlement that resolves a years-long legal battle with the state of Massachusetts. Ride-share companies would be required to pay drivers a minimum wage of $32.50 an hour, provide one hour of paid […]

‘Oh My’: CNN’s Harry Enten Says Americans Becoming More ‘Hawkish’ On Illegal Immigration Benefits Trump

CNN senior data reporter Harry Enten said on Tuesday that Americans increasingly opposing illegal immigration benefits former President Donald Trump while hurting President Joe Biden in the upcoming election. Over 60% of Americans approve deporting “all” illegal immigrants from the U.S., including most men, women, independents, conservatives, moderates, Republicans, individuals with a four-year college degree, […]