Saturday, April 26
Are Product Shortages the New Normal? How Falling Shipments from China Are Impacting Stores
Finance

Are Product Shortages the New Normal? How Falling Shipments from China Are Impacting Stores

U.S. retailers are warning that consumers might soon face empty store shelves and disrupted supply chains, similar to what happened during the COVID pandemic, if President Donald Trump's tariffs on China remain in place. The tariffs, which rose to 145% this month, are forcing companies to cancel shipments from China and halt new orders. This has led to a significant drop in shipments, with data showing that the number of freight vessels arriving at the Port of Los Angeles could fall by 33% year-over-year by May 10. Retailers typically prepare for two key shopping seasons—back-to-school sales in the fall and the winter holidays. However, the current uncertainty around tariffs is making it hard for businesses to plan effectively. Jonathan Gold, Vice President of the National Retai...
Trump Talks Greenland and Abrego Garcia Return: 6 Key Insights from His Exclusive Time Interview
US News

Trump Talks Greenland and Abrego Garcia Return: 6 Key Insights from His Exclusive Time Interview

President Donald Trump expressed his openness to allowing a Maryland man, Kilmar Abrego Garcia, to return to the U.S. for a court hearing. Abrego Garcia had been wrongfully deported to El Salvador, and his case became a point of controversy after the Trump administration argued that he would “never” come back. However, during an interview with Time Magazine to mark his first 100 days in office, Trump suggested that bringing Abrego Garcia back for a hearing wouldn't be an issue, though he left the final decision to his lawyers. He added, "You could bring him back and retry him." While his lawyers advised against it, Trump made it clear that he wasn't opposed to the idea, even though his administration had maintained that the decision about his return now lay with Salvadoran President...
Student Loans Under Trump: What the New Updates Mean for 2 Million Borrowers?
US News

Student Loans Under Trump: What the New Updates Mean for 2 Million Borrowers?

Nearly two million federal student loan borrowers who have been waiting for lower payment options or loan forgiveness are finally seeing some progress. After months of delays, new developments this month are expected to clear the backlog that has kept many borrowers in limbo. Why It Matters? Currently, over 40 million Americans hold federal student loans, with the total outstanding debt surpassing $1.6 trillion. These loan balances significantly impact borrowers' financial lives, influencing their ability to buy homes, manage credit, and plan for the future. The Trump administration's restructuring of the Department of Education has coincided with ongoing political battles over student debt relief. Republican-led legal challenges continue to target initiatives introduced under fo...
Illinois Treasurer Introduces No-Cosigner Loan Program to Support College Students
US News

Illinois Treasurer Introduces No-Cosigner Loan Program to Support College Students

The Illinois state treasurer’s office has introduced a new private loan program aimed at helping students pay for their college education. The Funding U Illinois No-cosigner Loan is designed for Illinois residents who are attending either public or private institutions within the state. The loan offers fixed annual percentage rates ranging from 7.99% to 9.49%, providing a flexible option for students struggling to secure traditional college loans. One of the key features of this loan is that it does not consider the student’s credit score, which can often be a barrier for many young individuals. Treasurer Michael Frerichs highlighted the importance of this initiative, emphasizing that it aims to provide an opportunity to students who do not have access to a co-signer and are oft...
Why Social Security COLA Is Returning to Normal Levels and What This Means for Retirees?
Social Security

Why Social Security COLA Is Returning to Normal Levels and What This Means for Retirees?

The Cost of Living Adjustment (COLA) is a key tool used by the Social Security Administration (SSA) to help retirees keep pace with the rising costs of living. Each year, the COLA is adjusted based on inflation data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). This adjustment ensures that retirees’ benefits reflect the economic realities of their everyday expenses, from groceries to healthcare, helping them maintain their purchasing power despite inflation. How COLA Works? The process behind the COLA is fairly straightforward but vital for retirees. The SSA calculates the adjustment by examining the CPI-W, which tracks the prices of a basket of goods and services that a typical urban worker would purchase. The CPI-W is a valuable indicato...
Real ID Explained: Can You Use Your Driver’s License Instead?
Local News

Real ID Explained: Can You Use Your Driver’s License Instead?

Lately, I’ve been getting a lot of questions about whether a regular driver’s license can be used as a Real ID. The short answer? Only if your license is Real ID-compliant. Curious? Let’s dive deeper. What Is a Real ID? The Real ID Act is a federal law passed after 9/11 to improve security standards for state-issued identification like driver’s licenses. The law sets higher security requirements, aiming to make identification more secure and to protect against terrorism. The enforcement of the Real ID Act has been delayed several times, mostly due to the pandemic, but the deadline is finally here: Starting May 7, 2025, if you're 18 or older, you will need a Real ID-compliant driver’s license or another valid ID (like a passport) to pass through TSA security at the airport for d...
Trump’s Approval Ratings Take a Hit as He Reaches 100-Day Milestone in Office
US News

Trump’s Approval Ratings Take a Hit as He Reaches 100-Day Milestone in Office

As President Donald Trump nears his first 100 days in office, recent polls are revealing mixed approval ratings, painting a picture of a presidency with both supporters and critics. A series of new polls have shown a slight dip in Trump’s approval, signaling challenges for the president as he enters this crucial milestone. According to a recent Reuters/Ipsos poll, Trump’s approval rating stands at 42 percent. The same poll also indicated that only 37 percent of Americans approve of how the president has handled the economy, a significant issue for many voters. These numbers are down from earlier in his presidency, suggesting that Trump's policies may be starting to face more scrutiny. However, not all polls reflect this downturn. An exclusive survey by DailyMail.com, released jus...
Trump’s Two ‘Greatest Assets’ Are Turning Into His Weakest Points
Politics

Trump’s Two ‘Greatest Assets’ Are Turning Into His Weakest Points

President Donald Trump is facing growing challenges that could hurt his chances for re-election, just a few months into his second term. A recent report on voter sentiments has revealed that two key issues — the economy and immigration — which were central to his campaign promises, are now becoming serious problems for him. Trump’s approval ratings on both issues have significantly dropped, signaling a disconnect between his earlier promises and his actions as president. According to Axios, this shift could undermine the core of his political brand, built on being tough on borders and a sharp businessman. On the economy, Trump’s approval rating has hit a new low. In a Reuters/Ipsos poll, only 37% of Americans approved of his handling of the economy, while a Pew Research Center sur...
Social Security Owes Thousands Due to Calculation Errors – Senators Call for Immediate Action
Social Security

Social Security Owes Thousands Due to Calculation Errors – Senators Call for Immediate Action

The Social Security Administration (SSA) is under increased scrutiny after it was revealed that thousands of beneficiaries are owed money due to calculation errors. These errors have led to significant financial losses for many, especially for those who were impacted by the elimination of certain provisions under the Social Security Fairness Act. The fallout has sparked public outcry and bipartisan action as lawmakers urge the SSA to ensure beneficiaries receive the full retroactive payments they are entitled to. The Social Security Fairness Act: A Key Shift for Public Employees and Their Spouses In January 2025, the Social Security Fairness Act was signed into law, bringing about important changes that aim to rectify long-standing inequities in the Social Security system. ...
Gov. Brian Kemp Appoints Angelique McClendon as Georgia’s New DDS Commissioner
US News

Gov. Brian Kemp Appoints Angelique McClendon as Georgia’s New DDS Commissioner

Gov. Brian Kemp has announced the appointment of Angelique McClendon as the new commissioner for the Georgia Department of Driver Services (DDS). The announcement was made on Wednesday, and McClendon is expected to officially take on her new role starting May 1. Governor Kemp, along with the DDS Board of Directors, approved McClendon's appointment. In his statement, he expressed his confidence in her ability to lead the agency, highlighting her experience and dedication to serving Georgia. "On behalf of hardworking Georgians, I want to congratulate Angelique McClendon on her promotion to Commissioner of the Department of Driver Services," Kemp said. "With an extensive career serving both DDS and the people of our state, I know she will be a great asset in ensuring that those who...