Latest in Benefits Turmoil
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The Papers: 'Benefits turmoil' and 'deal or no steel'
A backlash over proposed reform to the welfare system leads many papers, as does news of Trump's tariffs beginning.BBC News - 1d -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - 2d -
Wall Street turmoil rattles retirement savers, turning financial planners into therapists
Turmoil on Wall Street is keeping financial planners’ phones ringing as 401(k) holders watch their retirement account balances fall with the stock markets they’re tied to.NBC News - 20h -
'Worrying' number of teens lose disability benefits
More than 124,000 young people have had claims for adult disability benefits refused, the BBC finds.BBC News - 2d -
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
As the Social Security Administration cuts staff, that could impact the agency's ability to pay millions of benefit checks each month, Democratic senators warn.CNBC - 1d -
Are there benefits to Trump's tariffs?
America's largest primary aluminum producer, Century Aluminum, applauded Trump's reinstatement of a 25% tariff on aluminum imports.The Hill - 1d -
Investors fear that market turmoil will no longer rein in Trump
Also in today’s newsletter, meet the revered Wall Street veteran with two protégés planted in the president’s inner circleFinancial Times - 2d -
China steels itself for Trump turmoil with ‘DeepSeek congress’
Annual session of rubber stamp parliament highlights Beijing’s shifting priorities amid AI breakthroughs and US tariffsFinancial Times - 1d -
Kleptocrats to benefit from Trump DoJ’s anti-corruption pause, experts warn
Former prosecutors criticize Pam Bondi’s decision to halt enforcement of bribery laws as short-sighted and dangerous. A radical makeover at the US department of justice has seen key drives to fight ...The Guardian - 4d -
White House says Canada would 'benefit greatly' from becoming 51st state
White House press secretary Karoline Leavitt told reporters that Canada would "benefit greatly" from becoming the 51st state as tensions continue over tariffs.NBC News - 2d -
Reuters beclowns itself, to Hamas’s benefit
Reuters retracted a report that falsely claimed a victim of a Palestinian terrorist attack was a member of Mossad, Israel's top intelligence agency, despite lacking evidence to support this claim.The Hill - 4d -
Rules for repaying Social Security benefits are about to get stricter. Here's what to know.
If you receive more Social Security benefits than you are owed, you may face a 100% default withholding rate from your monthly checks once a new policy goes into effect.NBC News - 3d -
MS patients in England to benefit from major roll out of take-at-home pill
Cladribine tablet for those with active multiple sclerosis will reduce hospital visits and free up appointments. Thousands of patients with multiple sclerosis (MS) in England are to become the ...The Guardian - 2d -
Trump’s Shipbuilding Plan Could Cause Turmoil for Ocean Cargo Industry
The administration seeks to finance American shipbuilding through steep port fees.Inc. - 6d -
Trump defends tariffs in speech to business leaders amid market turmoil
Trump to speak with corporate leaders after stocks plummetNBC News - 3d -
Starmer says benefit system unfair and indefensible
Some Labour MPs urge ministers to tackle the "crisis of economic inactivity", while others oppose cuts.BBC News - 2d -
Disability benefit cuts test loyalty of Labour MPs
Some are worried about the possibility of freezing payments for people with long-term conditions.BBC News - 1d -
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Apple Burns Down Its Benefit of the Doubt
Apple’s failure to deliver on its promise of an ambitious new Siri is a cautionary tale for every leader.Inc. - 11h -
Fired Federal Workers See Family Members Pile on After the DOGE Axe Falls
The abrupt loss of their livelihoods was tough enough. Now many laid-off government workers report their relatives and friends are celebrating their turmoil.Inc. - 6d -
Christian Pulisic scores two in win vs. Lecce as AC Milan turmoil continues under embattled Sergio Conceicao
The Rossoneri are set to appoint a new sport director while Conceicao's future is still being discussedCBS Sports - 5d -
'Volatility is part of the game': What financial advisors are telling investors about market turmoil
The Dow continued to fall on Tuesday after Trump announced higher tariffs. Here's what advisors are telling their clients.CNBC - 2d -
China’s delivery platforms compete to offer better worker benefits
Leading players act as competition intensifies and Beijing points out their ‘national responsibility’Financial Times - 3d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
Democrats says "wealthy tax dodgers" could see less IRS scrutiny amid agency layoffs. Here's what to know.CNBC - 2d -
'Wealthy tax dodgers' could benefit from IRS layoffs, Democrats warn
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in collecting unpaid funds from “wealthy tax dodgers.”NBC News - 2d -
Senators to Trump Social Security nominee: 'You will be responsible' if benefits are interrupted
Democratic Senators Elizabeth Warren of Massachusetts and Ron Wyden of Oregon are warning Frank Bisignano, the nominee to lead the Social Security Administration, that he will be responsible if ...NBC News - 1d -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - 4d -
Sweden is 'no longer a country that cannot be trusted'
Sweden and Finland's defence sectors are benefiting from their countries joining Nato.BBC News - Mar. 6 -
Trump Suspends Mexico and Canada Tariffs on USMCA Goods for a Month
Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.The New York Times - 5d -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 2d -
Rules for repaying Social Security benefits are about to get stricter. Here's what to know
Social Security beneficiaries who receive more money than they are owed will now face a 100% default withholding rate from their monthly checks, the agency said.CNBC - 3d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 2d -
A Trump critic just won Greenland's election, but the White House may still benefit
A party that has criticized President Trump's threat to take over Greenland won an election there, but may have to govern with a pro-White House opponent.NBC News - 2d -
We're adding to our position in a hard-hit stock that benefits from lower mortgage rates
It's our third stock purchase on Thursday as Wall Street continues its rough stretch.CNBC - 17h -
These proposed tax cuts and benefits could help caregivers in crisis — if they can get through Congress
The financial burden of caring for ailing loved ones could be eased through two bipartisan legislative proposals introduced this week.MarketWatch - 14h -
DOGE Is the Deep State
A shadowy group of unelected figures reshaping the federal government to their own benefit from the inside? Sounds familiar!Wired - Mar. 6 -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - 3d -
Keir Starmer defends planned welfare cuts to anxious Labour MPs
Prime minister wants to reform disability benefit payments to help fund greater spending on defenceFinancial Times - 3d -
How to calculate your Social Security tax obligations
Wondering what you'll pay in taxes on your Social Security benefits? Here's how to do the math.CBS News - 2d -
Palm Beach Society Goes On, With and Without Trump
At a pair of benefits on this exclusive island, many well-heeled guests were holding their tongues when it came to politics.The New York Times - 2d