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Why your paycheck may grow in 2025, even without a raise

(NEXSTAR) — Tax brackets are changing, Social Security retirement ages are increasing and certain Medicare premiums are increasing. Is there anything else scheduled for an increase? Maybe your salary. The potential increase is not limited to those receiving raises in early 2025. Like every year, the IRS has announced dozens of changes to various tax […]

Congress Gives Itself a Raise with Last-Minute, 1,547-Page Spending Deal

The 1,547-page spending deal released Tuesday night provides raises for members of Congress. The lame-duck Continuing Resolution (CR), announced just three days before a potential government shutdown, removes a provision that has been in spending bills since 2009 that blocks Congress from giving automatic raises, effectively This allows for salary increases. Rep. Rosa DeLauro (D-Conn.), […]

Sanders says he hopes to work with Trump to raise minimum wage

Sen. Bernie Sanders, I-Vt., said Sunday he wants to work with President-elect Trump to raise the minimum wage from the federal standard of $7.25 an hour, which was last raised in 2009. In an interview on NBC News' “Meet the Press,” host Kristen Welker asked Sanders if he thought he could work with Trump, but […]

Trump’s tariff threats raise serious questions about North American trade

As President-elect Donald Trump prepares to take office next month, one thing is clear. That means he's wasting no time implementing the policies he campaigned on. President Trump knows he has two years to act before Republicans take control of both chambers of Congress. A key post-election development was President Trump's threat to increase tariffs […]

Looking for a pay raise? These industries have the highest pay changes

As the holiday season approaches, everyone is worried about money. The average American has less cash in their pockets these days due to rising costs, which was exacerbated by November's biggest increase in U.S. consumer prices in seven months. There is. For a long time, a six-figure salary was synonymous with the ideals of the […]