Regulation/Government Policy

‘It could be the difference between an approval and denial’: Experian, Equifax and TransUnion remove fully-paid medical debt from credit reports on July 1. Will this help your credit score?

July 1, 2022 admin No Comments

Paid medical debt is rolling off consumer credit reports in an overhaul that the credit bureaus say will improve people’s financial wellbeing. In a time of rising interest rates and increased costs with the pandemic’s scariest days hopefully done, for some it can’t come a moment too soon. Equifax, Experian and TransUnion are dropping the…

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Gas prices edge down just in time for July Fourth travel – here’s why

June 30, 2022 admin No Comments

It’s a cool breeze during a hot moment, but it’s not the summer weather. As record-breaking numbers of Americans pack their cars and travel to Fourth of July barbecues that will cost them more than last year, they’ll fill up at gas stations where they are likely to be paying just a little less at…

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Supreme Court limits EPA’s role in combating climate change

June 30, 2022 admin No Comments

President Joe Biden’s ambitious plan to address climate change hit a major hurdle as the Supreme Court on Thursday ruled to restrict federal reach in controlling emissions at power plants and beyond. The court, whose conservative majority has already shown reluctance in broadening federal agency scope, considered the Environmental Protection Agency’s (EPA) authority to regulate…

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Opinion: Why are Americans so grumpy about the economy? They’ve never lost so much purchasing power in one year, as the stimulus dries up and inflation boils over

June 29, 2022 admin No Comments

If you want to know why Americans are so grumpy about the economy, let’s start with the fact that despite strong job growth and sizable increases in wages, their incomes are simply not keeping up with inflation. Americans just don’t feel poorer — they are poorer. In fact, they have never lost so much purchasing…

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Opinion: Who’s who of chip and tech companies band together to pass mega-semiconductor bill in Congress

June 29, 2022 admin No Comments

More than 120 companies including Intel, Nvidia and Texas Instruments recently signed a letter urging Congress to accelerate negotiations to get a bill passed that would massively scale chipmaking in the US. The group of A-list companies, which also includes Amazon AMZN and Microsoft MSFT, design, manufacture or provide critical infrastructure to the semiconductor industry….

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‘We shouldn’t have to be doing this’: North Dakota’s only abortion clinic has one month to pack up and move to Minnesota – and raises 815,000 on GoFundMe

June 29, 2022 admin No Comments

After 21 years at its current location in downtown Fargo, ND, Red River Women’s Clinic will be moving to Moorhead, Minn. The new location is a 15-minute drive away across the Red River, which forms the state border between Minnesota and North Dakota. Last Friday, the US Supreme Court overturned the landmark Roe v. Wade…

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Millions of Californians will get ‘inflation relief’ of up to $ 1,050. Here are the other states giving residents direct cash payments

June 29, 2022 admin No Comments

Now, in a sign of the economy’s changing headwinds, direct checks are being billed as a way to soften inflation’s bite. But instead of the federal government issuing payments, a growing number of states are cutting checks made possible by budget surpluses. California is the latest state to join the ranks of more than 10…

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FDA advisers say the US needs updated COVID-19 boosters to fight omicron

June 28, 2022 admin No Comments

The US should pursue a COVID-19 booster strategy that focuses on developing new shots that better protect against omicron and its subvariants, according to a recommendation from a Food and Drug Administration advisory committee. The group of independent medical experts voted 19-2 on Tuesday that the COVID-19 boosters should include omicron and its subvariants. They…

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The next SECURE Act: How it could better solve a retirement crisis

June 28, 2022 admin No Comments

In an effort to improve Americans’ retirement security, Congress is working on the Secure Act 2.0 – but there’s more it can do, experts say. The House passed the Securing a Strong Retirement Act, and two Senate committees advanced their own legislative proposals focused on retirement savings – one from the Health, Education, Labor and…

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Climate change is a retirement issue – how to turn worry into action

June 28, 2022 admin No Comments

‘Are you sure we can afford to retire? We could live another 20 to 30 years. I’m wondering if we need more retirement savings. ‘ ‘The recent terrible wildfires really spooked me. Many of the people who perished in those fires were older retirees who couldn’t evacuate in time. The same thing happened with Hurricane…

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