Some praise the idea championed by Vice President JD Vance to direct federal money to support traditional families, while others say it cuts against conservative principles.
With the cost of concerts, sports games and restaurants far outpacing inflation, more people are staying home.
A new report finds the pay gap between CEOs and employees moved up sharply in 2025, with top executives making 325 times more than the typical worker. Since 1978, CEO compensation has increased by over 1,300% while worker pay has risen just 28%. This comes as a separate survey of US mayors reveals that 93% of residents feel the cost of living has worsened over the past year, with many struggling to afford housing, groceries, and childcare. 0:00 Why CEOs have done so much better than the average worker 2:25 Why US mayors are saying their constituents can't afford the cost of everyday life 4:53 Who Americans are blaming for the affordability crisis Watch 24/7 live news with CNN Headlines: https://bit.ly/4eIvlTr #economy #money #News
Inflation and the cost of living have been the biggest drivers of campaigns this year, but the broad term “affordability” breaks down into specific issues, from housing to health care.
Some say the pendulum has swung too far since the 2008 housing crisis. Others warn that looser standards for who qualifies for a mortgage once led to disaster.
Workers’ share of our national income is declining rapidly but we’re not sure why.
The proposed benefit, a top policy priority for Vice President JD Vance, would apply only to married couples and tap a fund intended to provide federal child care subsidies to working parents.
Inflation beat out wage growth again in August, which feels like 2023.
A new U.S. survey anticipates an average increase of 11 percent unless benefits are cut, the highest rate in decades. Other findings also predict a sharp rise.
Corporate profits are at a record high as worker paychecks wilt, according to new data from the Bureau of Economic Analysis. Katy Tur to discuss the growing wealth gap in America.