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News

@IBTimesUK
ibtimes.co.uk > record-americans-exit-labour-force-economic-concerns-1810328

'Healthiest Americans Ever' Refuse To Work: Record 105.8 Million Exit Labour Force Under Trump

4+ day, 9+ hour ago   (805+ words) A record 105.8 million Americans have exited the labour force under the Trump administration, shattering previous historical markers set during the Great Recession and the COVID-19 pandemic. Federal Reserve Bank of St. Louis data and US Bureau of Labour Statistics figures…...

@IBTimesUK
ibtimes.co.uk > some-social-security-recipients-wont-get-payment-august-check-if-you-are-affected-1809608

Some Social Security Recipients Won't Get a Payment in August: Check if You Are Affected

1+ week, 9+ hour ago   (598+ words) Millions of Americans relying on Supplemental Security Income (SSI) will notice a significant change to their monthly income flow this August, as the Social Security Administration (SSA) has effectively rescheduled the payment date. SSI is a Social Security programme that…...

@IBTimesUK
ibtimes.co.uk > texans-rising-living-costs-economic-challenge-1809506

MAGA Voters Turn on Texas After $900 Electric Bills and Soaring Living Costs Crush Families

1+ week, 17+ hour ago   (533+ words) Texas has long promoted itself as a place where hard work could deliver a comfortable life at a lower cost than much of America. That promise is now being challenged by many of the state's own residents. Across cities and…...

@IBTimesUK
ibtimes.co.uk > us-voters-retirement-confidence-blackrock-survey-1809081

Are Your Retirement Savings Enough? 46% of Americans Aren't So Sure, BlackRock Finds

1+ week, 4+ day ago   (508+ words) Nearly half of US voters say they are not confident they will have enough money to live on in retirement, a BlackRock survey has found, with many younger Americans reporting the lowest levels of confidence. The survey found 46% of voters…...

@IBTimesUK
ibtimes.co.uk > economic-struggles-women-hit-hardest-rising-costs-trump-1808956

Women Say They're Feeling Poorer Under Trump: New Poll Reveals Cost of Living Crisis Is Hitting Hard

1+ week, 4+ day ago   (622+ words) More than four in 10 American adults say they are worse off than before Donald Trump returned to the White House, and the steepest financial hit that women report is their ability to save. The National Women's Law Center (NWLC), a…...

@IBTimesUK
ibtimes.co.uk > paul-krugman-criticises-elon-musk-usaid-cuts-1805468

'A Horrible, Terrible Person': Paul Krugman Blasts Elon Musk's Reign as America's Former 'Second Most Powerful Man' | IBTimes UK

4+ week, 1+ day ago   (627+ words) Nobel Prize-winning economist Paul Krugman has delivered one of his sharpest public attacks on Elon Musk, accusing the billionaire of overseeing an 'evil' dismantling of US foreign aid that he argues could have devastating humanitarian consequences. Speaking on his podcast,…...

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ibtimes.co.uk > trump-proposes-public-share-ai-wealth-1805377

The Billionaire Tax Backfire? Trump Stuns Big Tech With Wild Plan to Give Every American a 'Cut' of AI Profits | IBTimes UK

1+ mon, 10+ hour ago   (600+ words) Donald Trump has floated an idea that could dramatically expand the debate over artificial intelligence and who should profit from it, suggesting that ordinary Americans should receive a direct share of the wealth generated by the booming industry. According to…...

@IBTimesUK
ibtimes.co.uk > younger-adults-higher-losses-online-fraud-1805338

Think You're Too Smart to Be Scammed? UK Fraud Victims Lose an Average of £443, New Survey Finds

1+ mon, 1+ day ago   (279+ words) Think you're too smart to be scammed? That confidence may be exactly what fraudsters are trying to exploit. UK fraud victims lost an average of £443 to online scams, according to a Censuswide survey of 2,000 adults. But the figures challenge a…...

@IBTimesUK
ibtimes.co.uk > conflicted-middle-financial-security-1803684

Half of Americans Fall Into 'Conflicted Middle', Feeling Broke Despite Good Incomes

1+ mon, 1+ week ago   (557+ words) Nicholas Wallace ticks the boxes that used to add up to a comfortable life. A full-time job, health insurance, a retirement account, and a household income of about $90,000 (£67,200) in Madison, Wisconsin. On paper, the 34-year-old plastics manufacturer is fine. The…...

@IBTimesUK
ibtimes.co.uk > maga-grandmother-struggle-rising-grocery-prices-1803248

MAGA Grandma Says Grocery Prices Trigger Panic Attacks, Tells Trump To Live Like Working Americans

1+ mon, 1+ week ago   (544+ words) For many voters, economic statistics mean little compared with the reality of standing at a supermarket checkout and watching the total climb higher every week. That frustration was captured in a striking interview with a self-described MAGA grandmother who said…...