logo
welcome
BBC
Summary
Nutrition label

72% Match

77% Informative

President Donald Trump has announced a 90-day freeze on funding for aid projects.

The US Agency for International Development (USAID) distributes tens of billions of dollars ' worth of overseas aid every year .

President Trump is a long-term critic of overseas spending and has said it needs to be brought into line with his " America First " strategy.

Health experts have warned of the spread of disease, as well as delays to the development of new treatments.

USAID provides up to 40% of the world's development aid.

Health programmes is where the impact of a funding freeze is likely to be felt most keenly.

Prof Rosa Freedman said this could lead to a rise in healthcare problems around the world.

She said preventable diseases, such as cholera and malaria , could reappear or worsen.

The Journal News
Summary
Nutrition label

71% Match

86% Informative

Getting a head start on your tax return will hasten your refund if you're getting one.

Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your Social Security number and files a false report.

A new form reports income of $ 20,000 or more you have received through PayPal or Venmo .

Yahoo Finance
Summary
Nutrition label

71% Match

85% Informative

Employee Retirement Income Security Act, or ERISA , turns 50 in September .

ERISA was created to protect workers by overseeing retirement accounts like 401(k) and 403(b) plans.

It does not, however, require any employer to establish a retirement plan.

Only one-third of employees at small businesses have access to an employer-sponsored retirement plan, according to Bipartisan Policy Center .

A typical worker sees a 10% increase in income when switching employers but a one percentage point decline in retirement saving rate.

When an employer does not offer automatic enrollment in its retirement plan, 1 in 4 new hires stop saving for retirement altogether.

Nearly two-dozen states have enacted new programs for private sector workers.

IRAs hold $15.2 trillion in assets compared to approximately $8.9 trillion in 401(k) plans.

CNN
Summary
Nutrition label

70% Match

84% Informative

A dairy farm worker in Nevada has screened positive for H5N1, the first human infection identified in the state.

Researchers aren’t sure how the D1.1 variant was transmitted to the Nevada cows.

It raises the possibility that another animal, perhaps a cat or fox, brought the virus onto these farms.

The risk of the public is still low, although people who work on farms or who have backyard flocks are at higher risk.

D1.1 was associated with two severe human infections in Canada and Louisiana .

Genome sequencing revealed concerning changes to the virus that likely helped it break into human cells.

One theory is that this change in the N portion of the virus helps it evade any immunity that people have to seasonal flu viruses.

CNN
Summary
Nutrition label

70% Match

86% Informative

The cost of food in the US increased significantly amid the Covid-19 pandemic and the steep inflation that followed.

While prices have stabilized more recently, new factors have already driven up the costs for eggs.

The price of eggs could increase by as much as 20% this year , according to one government forecast.

Dallas News
Summary
Nutrition label

70% Match

82% Informative

Senate Bill 4 would raise the homestead exemption from $100,000 to $140,000 .

All but one of the senators signed on as a joint author of the bill.

The House has not yet filed a property tax bill, although it is expected to put forth its own plan in coming weeks .

Gov. Greg Abbott called for $10 billion in property tax relief Sunday .

Give your eyes a restListen to the news, one summary at a time, in the Otherweb app
desktopPhone
mobilePhone
Journal Sentinel
Summary
Nutrition label

70% Match

83% Informative

SmartAsset found that the median household net worth in Wisconsin is $ 176,524 , the 27th highest of 44 states included in the report.

The state with the highest median net worth boasts one of over $500,000 , while that figure is less than $100,000 in the lowest-ranking states.

Net worth includes all of the assets a household has, minus its debts.

Mish Talk - Global Economic Trend Analysis

Mish Talk - Global Economic Trend Analysis

Business

Business & Economics

Huge BLS Benchmark Revisions Remove 610,000 Jobs From 2024

Mish Talk - Global Economic Trend Analysis
Summary
Nutrition label

70% Match

82% Informative

Every February the BLS does annual benchmark revisions for the prior year .

This year there were huge revisions.

I will do my regular jobs report next, but first we need to discuss benchmark revisions.

In accordance with “normal practice” none of this will show up on historical charts.

The official household survey estimates will not be revised, BLS will produce experimental time series back to April 2020 for the total labor force and total employed that account for the January2025 population control effects.

Population controls for veterans have also been updated with the release of data for January 2025 .

Historical data have not been revised.

FOX Carolina | South Carolina Local News, Weather, Sports | Greenville, SC | WHNS

FOX Carolina | South Carolina Local News, Weather, Sports | Greenville, SC | WHNS

Business

Business & Economics

Bill could slash property taxes for S.C. boat owners

FOX Carolina | South Carolina Local News, Weather, Sports | Greenville, SC | WHNS
Summary
Nutrition label

70% Match

80% Informative

S.C. bill could ease taxes for boat owners across the state.

It would amend state code to “provide a property tax exemption of fifty percent of the fair market value of watercraft” It would also go into effect on Jan. 1, 2026 , and first apply to property taxes in the years following.

SmartAsset

SmartAsset

Business

Business & Economics

What Is Bonus Depreciation and How Can Businesses Use It?

SmartAsset
Summary
Nutrition label

70% Match

86% Informative

Tax credits are important for businesses aiming to maximize profitability and sustainable growth.

Bonus depreciation is a key tax provision that has gained considerable attention.

It enables companies to immediately deduct a large portion of the cost of eligible assets, such as machinery, equipment, and certain software, in the year they are placed in service.

This accelerated depreciation schedule allows companies to reduce their taxable income in the short term.

Here's a roundup of small business banking options on the market today . Photo credit: iStock.com/MarsBars, iStock.com/FlamingoImages, iStock.com/DMP The post What Is Bonus Depreciation and How Can Businesses Use It? appeared first on SmartReads by SmartAsset ..