Latest in Wall Welfare State
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Republicans should build a wall around the welfare state
Congress is considering $880 billion in spending cuts, which could be achieved by removing all noncitizens from Medicaid and other welfare programs, which would save about $1 trillion over the next ...The Hill - 3d -
Rachel Reeves insists changes to welfare needed
Labour MPs have been expressing unease about the proposed cuts to welfare, ahead of announcements next week.BBC News - Mar. 14 -
Watch: Henry Zeffman on what new welfare changes mean
Watch: Henry Zeffman on what new welfare changes meanBBC News - Mar. 18 -
Rising mental ill health behind higher welfare bill, report says
The government is identifying cuts to the welfare budget ahead of the Spring Statement, with the PM working to rally MPs to support the move.BBC News - Mar. 12 -
The UK is cutting welfare spending to urge people to work. Critics say it will hurt the vulnerable
Britain’s Labour Party government has announced an overhaul of the welfare system it says will save the cash-strapped administration 5 billion pounds, or $6.5 billionABC News - Mar. 18 -
Market alarms are flashing, and Citi’s latest downgrade adds fuel to the fire
Like other Wall Street banks, Citigroup is worried about the state of the U.S. economy, and recommend putting money elsewhere. For now.MarketWatch - Mar. 11 -
Starmer to drive through welfare cuts that could affect UK’s most severely disabled
PM faces backlash over plans to tighten eligibility, potentially leaving more than 600,000 claimants £675 a month worse off. Keir Starmer is to defy growing anger by driving through welfare cuts ...The Guardian - Mar. 16 -
Chipmakers are finding that good earnings aren't enough to please Wall Street
After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.CNBC - Mar. 7 -
In full-circle moment, NBA TV’s John Wall praises Jalen Green and his former Houston team
In a full-circle moment, former guard John Wall had kind words for Jalen Green and the surging Rockets (who Wall played for early in the rebuild).Yahoo Sports - 3d -
Warriors' defensive ace GP2 beats Trail Blazers with buckets
For Gary Payton II, the Golden State Warriors' win Monday is a box score worth savoring. Maybe even framing it to hang on a wall.Yahoo Sports - Mar. 10 -
Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.
President Trump has been trying to eliminate the tax loophole, which benefits Wall Street, but Congressional Republicans may stand in the way.The New York Times - Mar. 8 -
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 - Mar. 13 -
CBP awards first border wall contract of President Trump's second term
U.S. Customs and Border Patrol has awarded a $70 million contract to a construction company that will build seven miles of wall along the southern border.CBS News - Mar. 16 -
A Bad Day on Wall Street
Also, Rubio said Ukraine must cede territory in exchange for peace. Here’s the latest at the end of Monday.The New York Times - Mar. 10 -
Wipeouts on Wall Street
Plus, Perella Weinberg’s decade-long legal fight finally nears its end and Britain’s biggest grocers waver under private equityFinancial Times - Mar. 11 -
How to stop the fruitless search for welfare savings
Governments chase illusory short-term cuts when what’s needed are routes back into lasting employmentFinancial Times - Mar. 8 -
How to cut Britain’s rising welfare bill
Reforms rather than quick fixes will save more money in the long termFinancial Times - Mar. 9 -
Government’s employment reforms clash with its welfare plans
Jobs market policies could threaten the part-time vacancies that ease people back into workFinancial Times - Mar. 12 -
Starmer’s ‘Project Chainsaw’: the NHS, Whitehall, welfare
Plus: is Reform UK imploding?Financial Times - Mar. 14 -
What went wrong with the UK’s welfare system?
Factors behind sharp rise in incapacity and disability benefits are complex and at times counterintuitiveFinancial Times - Mar. 16 -
How the UK’s welfare cuts will change claimants’ lives
Radical changes that will cut income for 1mn people may not get many more into work, say analystsFinancial Times - Mar. 18 -
Welfare uncertainty is stirring up fear, says Davey
The Liberal Democrat leader says there has not been enough detail on the government's cuts to benefits.BBC News - 6d -
Reeves to make fresh welfare cuts in Spring Statement
The chancellor is set to expand cuts to benefits after being told the reforms would save less than planned.BBC News - 2m -
Wall Street Journal: 'Someone should sue' Trump over tariffs
The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...The Hill - Mar. 8 -
Wall Street Journal warns there could be a coming 'Trump recession'
The editorial board of the Wall Street Journal is predicting that a full blown economic recession could be coming after a rough day for investors on Monday. "Stock prices have been richly valued ...The Hill - Mar. 11 -
Stocks look to rebound after rocky week on Wall Street
Wall Street is looking to bounce back this week after the Dow posted its biggest one-week loss since 2023. CBS News MoneyWatch correspondent Kelly O'Grady reports.CBS News - Mar. 17 -
Wall Street Journal: Trump aides proposing 'American retreat' in military reorganization
The Wall Street Journal is warning against major changes that reportedly could be coming to U.S. military operations as a cost-cutting measure through President Trump's government reform efforts. ...The Hill - 4d -
Why Washington and Wall St Have Problems With Off-Channel Messaging
Revelations that President Trump’s inner circle discussed sensitive military details on Signal has jolted Washington. What comes next could also be closely watched by Wall Street.The New York Times - 16h -
Wall Street’s No. 2 bull holds his ground. The logic? Trump’s popularity could get worse.
Deutsche Bank is now alone with the second-highest S&P 500 price target on Wall Street.MarketWatch - Mar. 18 -
Op-ed: The groupthink mind virus has taken over Wall Street and Washington in the worst way
President Trump has called April 2 'the big one,' when retaliatory tariffs are set to hit. Wall Street and Washington are still stuck in wishful thinking.CNBC - 2d -
How concerned should Americans be about a potential recession?
President Trump's tariffs and a string of rough days on Wall Street are stoking anxiety over a possible recession in the United States. Kristin Myers, editor-in-chief for ETF.com, joined CBS News ...CBS News - Mar. 12 -
Wall Street sell-off amid economic uncertainty, Trump weighs in on looming government shutdown
Wall Street is looking to rebound on Tuesday after recession fears and confusion about President Trump's tariffs caused a market plunge on Monday. Meanwhile, the clock is ticking on Capitol Hill ...CBS News - Mar. 11 -
One of Wall Street's biggest bulls cuts his S&P 500 outlook, blaming Trump's tariffs
Widely followed strategist Ed Yardeni, one of the biggest bulls on Wall Street, lowered his market forecast, saying President Donald Trump’s tariffs raise the risk of stagflation.NBC News - Mar. 13 -
Intel pops 14% as chipmaker taps new CEO, Wall Street backs turnaround effort
Intel shares popped more than 14% after announcing Lip-Bu Tan as its new CEO and Wall Street cheered the chipmaker's attempt to turn around its business.CNBC - Mar. 13 -
Why this Wall Street strategist says investors should stick with U.S. stocks despite recession fears
Oppenheimer’s John Stoltzfus, the most bullish strategist on Wall Street with a target for the S&P 500 to hit 7,100 by the end of 2025, is standing firm, even as other strategists have cut their ...MarketWatch - Mar. 14 -
This Wall Street pro saw the stock-market chaos coming. He says investors should wait to buy again.
When Wall Street strategists were cheering on President Trump’s electoral victory and projecting another rosy year for U.S. stocks, J.P. Morgan’s Michael Cembalest was taking a decidedly different ...MarketWatch - Mar. 14 -
Wall Street begins to cut S&P 500 targets as tariff worries rock the stock market. Should investors be concerned?
Only a few months into 2025, the sharp decline of the U.S. stock market has prompted some of Wall Street’s top forecasters to scale back their bullish predictions for the S&P 500.MarketWatch - Mar. 15 -
Second-half surge propels Wessington Springs to Class B semifinals over Wall
Mar. 20—ABERDEEN — Wessington Springs was determined to make the third quarter the deciding one. With a dominant opening to the second half where the Spartans outscored Wall 24-11 in the third ...Yahoo Sports - 5d -
Wall Street Journal: Trump now knows which deputies tried to block his policy
The Wall Street Journal's editorial board has highlighted insight into President Trump's inner circle after a group text chain including top-level security officials and a journalist was ...The Hill - 13h -
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 - Mar. 10