A tourist shelters from the sun under an embrella during a heatwave in Paris on July 10, 2026. Behrouz Mehri | Afp | Getty Images France’s deteriorating public finances and political deadlock are becoming a growing concern for bond investors, with borrowing costs near financial-crisis-era highs as another difficult budget battle looms. The European Union’s…
Incumbent U.S. Rep. John Larson and his campaign staff wait for the results of the 1st Congressional District Democratic primary race, in East Hartford, Connecticut, Aug. 11, 2026. Connecticut Public Broadcasting | Getty Images News | Getty Images Lawmakers elected to Congress in 2026 are likely to be tasked with shoring up Social Security ahead…
A sign for the Senior Community Service Employment Program at the AARP Foundation in Harrisburg, Pennsylvania, May 18, 2017. Laurie Kellman | AP Ronald Williams was unemployed when a friend recommended a local jobs program for older workers. After he completed training with Goodwill in 2024, Williams quickly landed a job as a custodian —…
Senate Minority Leader Chuck Schumer, D-N.Y., speaks during a rally against the SAVE America Act outside the U.S. Capitol in Washington, March 18, 2026. Nathan Posner | Anadolu | Getty Images The Senate early Friday morning advanced a bill to fund most of the Department of Homeland Security, in a move to end the partial…
President Donald Trump‘s “big beautiful bill” raised the state and local tax deduction, known as SALT, to $40,000 for 2025. The change comes less than a decade after a cap was placed on this tax break for the first time in its history. Taxpayers who itemize tax breaks can claim the SALT deduction, which includes state and…
People shop at a grocery store in Manhattan, New York City, on April 1, 2025. Spencer Platt | Getty Images Republicans’ “big beautiful” reconciliation package includes tax cuts that policy researchers have found primarily benefit the wealthy. To help pay for that, the legislation also includes “substantial” cuts to the Supplemental Nutrition Assistance Program, or…
