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Baby boomers are about to be the largest generation in American history to hit the long-term care space. Born between 1946 and 1964, as defined by Pew Research, the oldest baby boomers are turning 80 next year. The group is set to flood a senior care space that is already understaffed, underfunded and facing political…
Inflation eased slightly in January as worries accelerated over President Donald Trump’s tariff plans, according to a Commerce Department report Friday. The personal consumption expenditures price index, the Federal Reserve’s preferred inflation measure, increased 0.3% for the month and showed a 2.5% annual rate. Excluding food and energy, core PCE also rose 0.3% for the…
US President Donald Trump holds a cabinet meeting at the White House in Washington, DC, on February 26, 2025. Jim Watson | Afp | Getty Images U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the economic and political bloc was formed “to screw” the U.S. On Wednesday,…
Friedrich Merz, Union candidate for chancellor and CDU federal chairman, joins the “Quadrell” TV round in the Bundestag election campaign. Michael Kappeler | Picture Alliance | Getty Images Friedrich Merz, migration hardliner and longtime rival of Angela Merkel, is expected to become Germany’s next chancellor. His party the Christian Democratic Union is leading polls alongside…
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters India and the U.S. will work to more than double bilateral trade to $500 billion by 2030, Indian Prime Minister Narendra Modi said at a joint press conference…
DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt. “It’s like if I was a doctor and I was speaking with you about your condition, I would say to you, this is…
President Donald Trump speaks while signing executive orders in the Oval Office of the White House in Washington, Feb. 10, 2025. Kevin Lamarque | Reuters President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said Wednesday. “I do believe it will come…
Shipping containers from China at the China Shipping (North America) Holding Company Ltd. facility at the Port of Los Angeles in Wilmington, California, Feb. 4, 2025. Mike Blake | Reuters President Donald Trump has long been a fan of tariffs, and in his first month back in the White House he wasted no time imposing…
President Donald Trump’s agenda is hitting speed bumps on Capitol Hill, as Republican infighting over spending levels threatens to halt a massive package of tax cuts, energy policy, health care and border security funds. Speaker Mike Johnson, R-La., initially said his conference would take the first steps this week to move the bill. But as…
Travelers walk through O’Hare International Airport in Chicago on Dec. 20, 2024. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform Hopper this month said domestic “good deal”…
