Economy

Thanksgiving holiday renews focus on bird flu, rising costs

BY: - November 23, 2022

This story first appeared in the Iowa Capital Dispatch. Fresh turkeys are more expensive and smaller than usual leading into the Thanksgiving holiday, according to the U.S. Department of Agriculture. That’s due, in part, to the deadly and highly transmissible avian influenza that has wracked turkey producers this year. The virus, which is transmitted by […]

Two communities find a cure for medical debt: pandemic stimulus funds

BY: - November 21, 2022

Local governments in Ohio and Illinois are using American Rescue Plan Act money to relieve residents struggling with medical debt by partnering with an organization that buys debt and wipes the slate clean for debtors.  It’s a strategy advocates say could be duplicated across the country to help erase a multibillion-dollar problem. On Nov. 9, […]

Colorado Gov. Polis presents requests to Legislature’s budget writers

BY: - November 16, 2022

As Gov. Jared Polis presented his budget request to the Colorado Legislature’s Joint Budget Committee on Tuesday, members pressed him on its sustainability and compatibility with prior commitments. His budget proposal for the 2023-2024 fiscal year requests $46 billion in spending, including a $16.7 billion general fund request. It requests 15% in reserves. “This budget, […]

Studies show gains against childhood hunger were lost after child tax credit ended

BY: - November 15, 2022

This story originally appeared in the Ohio Capital Journal. An article in the Journal of the American Medical Association in October confirmed previous research that food insecurity increased substantially after the expiration of federal monthly advanced child tax credits on Jan. 15, 2022. The study looked at the period between January and July of this […]

Six GOP-led states win national injunction against Biden student debt relief plan

BY: - November 14, 2022

WASHINGTON — A federal appeals court on Monday issued a nationwide injunction indefinitely blocking the Biden administration’s student debt relief program in response to a challenge by six GOP-led states. The unanimous ruling by the 8th Circuit Court of Appeals in St. Louis came after the six states — Nebraska, Missouri, Arkansas, Iowa, Kansas and […]

COMMENTARY

A social media expert explains how Mastodon works and why it won’t be a new Twitter

BY: - November 14, 2022

This commentary originally appeared in The Conversation. In the wake of Elon Musk’s noisy takeover of Twitter, people have been looking for alternatives to the increasingly toxic microblogging social media platform. Many of those fleeing or hedging their bets have turned to Mastodon, which has attracted hundreds of thousands of new users since Twitter’s acquisition. […]

4 takeaways on housing in light of today’s inflation report

BY: - November 10, 2022

Housing costs, including rental prices, are on the path to stabilizing but evidence of this won’t show up in inflation measures anytime soon, economists say. The latest Consumer Price Index numbers, which are used to measure inflation, came out on Thursday. But the survey used to measure shelter, a large component of inflation, lags real-time […]

The Fed raises interest rates again, signals more coming despite pressure to slow the pace

BY: - November 3, 2022

The Federal Reserve announced on Wednesday that in its continuing efforts to tamp down inflation, it would raise interest rates yet again by another three-quarters of a point to a target range of 3.75 to 4%. Federal Reserve Chair Jerome Powell said during a press conference following the announcement that the “historically fast pace” of […]

COMMENTARY

Digital equity depends on high-speed internet infrastructure improvements

BY: - November 2, 2022

As a social studies teacher, I rely on high-speed internet daily and understand how important it is in today’s society. Shortly before the COVID-19 pandemic began was when I started my current job. As many can recall, schools went to all-remote learning in a matter of weeks. Some students were able to stay at home […]

A GOP showdown over the debt limit could grip Congress and the nation next year

BY: - October 28, 2022

WASHINGTON — Republicans are eyeing the debt limit and government funding deadlines as a way to force Democrats to the negotiating table for spending cuts, should the GOP regain control of Congress following the midterm elections.  Republicans unhappy about government spending could move to shut down the government, a tactic unsuccessful for the GOP in […]

Sen. Hickenlooper cautions Fed against hiking interest rates again without understanding impacts

BY: - October 27, 2022

U.S. Sen. John Hickenlooper of Colorado wrote a letter asking the Federal Reserve Board to pause an increase in interest rates Thursday out of concern for how recent increases will have negative consequences.   The Fed has increased interest rates five times since March in an attempt to control inflation, but Hickenlooper cautioned against raising rates […]

In attempt to curb gas prices, Biden will release oil from emergency reserve

BY: - October 18, 2022

President Joe Biden will authorize the release of 15 million barrels of oil from the nation’s reserves on Wednesday, part of an effort to lower gas prices as polling shows concerns over inflation are likely to hurt Democrats in congressional elections next month. The release from the Strategic Petroleum Reserve, a four-site complex of deep […]