The first wave of Social Security payments for March is scheduled to be distributed this week, following a normal schedule. The payments for the month of March come on the heels of a worrying report from the Congressional Budget Office (CBO). The report from the CBO suggests the Social Security trust fund (official name: the…
Anna Moneymaker/Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Although they have roiled markets, there’s no question that President Donald Trump’s trade policy actions have boosted the federal government’s customs revenue. The good news is that this additional money coming in should help reduce the…
A retreat in US stocks picked up pace on Thursday as investors absorbed the end of the longest government shutdown in US history, weighing its impact on the economy and the path of interest rates. The tech-heavy Nasdaq Composite (^IXIC) led losses with a 1.8% slump, while the S&P 500 (^GSPC) sank 1.2%. The Dow…
US stock futures rose Thursday morning with traders processing the end of the longest government shutdown in US history. Futures attached to the Dow Jones Industrial Average (YM=F) nudged up 0.2%. Contracts tied to the S&P 500 (ES=F) crept up 0.2% while Nasdaq 100 futures (NQ=F) made 0.3% gains. A bill ending the record-length 43-day…
is now set to become law after the House of Representatives passed the measure and sent it to President Trump’s desk. The president is expected to sign it quickly to end the 43-day stoppage — the longest in US history by over a week. The vote passed by a tally of 222-209 “We’ll be opening…
In an exclusive interview on Yahoo Finance’s Decoding Retirement podcast, Dr. Mehmet Oz, the administrator of the Centers for Medicare & Medicaid Services (CMS), discussed the financial and operational challenges facing the US healthcare system. Ultimately responsible for the healthcare of 66 million Medicare beneficiaries, 78 million people enrolled in Medicaid and the Children’s Health…
President Donald Trump hosts Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, seeking closer security and economic ties at a time when China is increasingly assertive in the Indo-Pacific region. More than a month after their deployment by Trump, 700 Marines will leave Los Angeles, where they stood guard over two downtown…
US President Donald Trump’s latest tax and spending act might “cause some trouble” for China, according to analysts. However, they also said Beijing may be able to benefit in certain areas if the act – known officially as the One Big Beautiful Bill – generates further political instability and damages domestic industries such as the…