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Money sent to Mexico keeps dropping as ICE raids increase throughout the U.S.

Money sent to Mexico keeps dropping as ICE raids increase throughout the U.S.

Remittances from undocumented Mexican citizens in the U.S. to Mexico are rising, despite increased immigration enforcement under President Donald Trump. These remittance statistics serve as indicators of how strictly the federal government is applying immigration laws, given that many undocumented individuals work in the U.S. and send money back home. As reported, the Trump administration […]

Trump Plans to Increase Tariffs on India to 50 Percent Due to Russia Oil Purchases

Trump Plans to Increase Tariffs on India to 50 Percent Due to Russia Oil Purchases

Trump to Raise Tariffs on Indian Oil Imports President Donald Trump is set to increase tariffs on Indian imports to 50% later this month in response to India’s ongoing purchases of Russian oil. He has signed an executive order that adds an extra 25% tariff, supplementing the 25% tariff that was implemented on August 1. […]

What Is Causing The Increase In The OPM Retirement Delays This Summer?

What Is Causing The Increase In The OPM Retirement Delays This Summer?

The OPM’s backlog for retirement claims showed a slight improvement in July. However, there’s been an unexpected seasonal increase in claims compared to past trends. In July, the Human Resources Administration (OPM) received 8,295 new claims while managing to process 8,485 of them. This brought the backlog down to 26,138, a drop from the peak […]

S&P 500 Today: Retail Stocks Increase with Hopes for Rate Cuts

S&P 500 Today: Retail Stocks Increase with Hopes for Rate Cuts

The S&P 500 surged by 1.5% on Monday, August 4, 2025, breaking a four-day losing streak after recovering from a downturn earlier. The anticipation that the Federal Reserve might lower interest rates, thus easing borrowing for consumers, has boosted profits for various retail stocks. IDEXX Laboratories exceeded quarterly expectations and raised its full-year forecasts, leading […]

University president receives pay increase for reducing DEI initiatives

University president receives pay increase for reducing DEI initiatives

George Mason University President to Get Raise Amid Cuts to DEI Programs In an interesting turn of events, George Mason University’s president, Gregory Washington, is set to receive a 1.5% salary increase. This decision comes alongside a commitment from the university to reduce some of its Diversity, Equity, and Inclusion (DEI) programming. The university’s Management […]

CBO estimates that extending temporary tax cuts would increase the deficit by $5 trillion.

CBO projects 'big, beautiful bill' would add $5 trilllion to deficit if temporary tax cuts extended

Impact of Tax Credit Extensions on Federal Deficit The Congressional Budget Office (CBO) has reported to Senator Jeff Merkley (D-OR), who serves as the ranking member of the Senate Budget Committee, that one significant legislative measure, which represents the cornerstone of President Trump’s domestic policy, could potentially increase the deficit by $5 trillion over the […]