According to CBS News, Mary Schubart thought she was buying top-quality bedding for her college-bound twins. The Pottery Barn Teen mattress pads were advertised as “crafted in the USA,” and she paid premium prices, assuming the products would be safer and more comfortable. But when the packages arrived, the tags said “made in China.” CBS News reports that her discovery prompted a federal…
Working families who count on one of the federal government’s most valuable tax breaks might face new hurdles if Senate Republicans approve changes tucked inside President Donald Trump’s sweeping budget bill. The earned income tax credit (EITC), which can put thousands of dollars back in the pockets of low- and moderate-income workers, could become significantly harder to claim under provisions…
American workers just achieved something remarkable with their retirement savings, a development that could reveal whether you’re doing enough to secure your own financial future. According to Fidelity data cited by CNBC, the average 401(k) savings rate hit a record high of 14.3% in the first quarter of 2025, based on analysis of 25,300 corporate plans. This figure includes both employee…
According to Bureau of Labor Statistics data, the U.S. economy added 139,000 jobs in May, while unemployment remained steady at 4.2%. Although the overall hiring pace matched expectations, the numbers masked growing fragility. Job gains were heavily concentrated in health care and hospitality. Other sectors — including manufacturing, retail, and professional services — posted job losses…
