After the largest U.S. bank failure in more than a decade, the federal government blamed the bank failures in part on the 2018 law that rolled back regulations for smaller and medium-sized banks, and rushed to reassure Americans that the U.S. banking system was stable. Read more» 
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The expanded child tax credit that families received in 2021 helped reduce child poverty across the country, but particularly in the South where families lack a sufficient safety net, according to a report that comes as some Democrats appear ready to attempt to revive the credit. Read more»
Forty million people in the U.S. are having difficulty affording household expenses, and a little more than 25 million people say they sometimes or often do not have enough to eat, reflecting Americans continuing struggle, made worse by the disappearance of pandemic relief. Read more»
Republican state policymakers’ efforts to boost fossil fuels by prohibiting their governments from doing business with companies that take sustainability into consideration has the potential to cost states millions. Read more»
Starting next month, a $35 cap on insulin prices will go into effect for millions of Medicare recipients - one of the first of several policy measures Americans will see in the coming months and years under the Inflation Reduction Act signed into law in August. Read more»
Housing costs, including rental prices, are on the path to stabilizing but evidence of this won’t show up in inflation measures anytime soon, economists say. Read more»
16 million people of working age in the U.S. are suffering with long COVID - with 2 to 4 million people unemployed in June and July - and lack of a social safety net for many together with a labor market beginning to turn in favor of employers could create wider economic problems. Read more»
Republicans in state capitals across the country are targeting an investing concept known as environmental, social and corporate governance criteria they describe as “woke” and “misguided activism,” accusing investment firms of making decisions based on an alleged political agenda. Read more»
The Department of Housing and Urban Development has opened up millions of dollars in funding for groups serving unhoused people in rural areas as the number of people living in cars, parks, and on the street at night has increased across the nation. Read more»
