Households

Biden Admin Reveals New Restrictions On Air Conditioners

Energy Secretary Jennifer Granholm unveiled new climate and efficiency restrictions on air conditioners despite widespread criticism the Biden administration received after officials recently announced restrictions on gas stoves.

San Francisco to Ban Gas-Powered Furnaces, Water heaters

San Francisco Bay area will phase out natural gas-powered furnaces and water heaters starting in 2027 to improve air quality and public health.

Biden’s Proposes Over $2 Trillion in Tax Hikes

Taxes aimed at corporations could get passed on to consumers.

More Parents Moving in With Adult Children Due To ‘Reverse-Boomerang Effect’

While the number of 25 to 34-year-olds moving back in with their parents has been rising since 2021, apparently, so has the reverse trend.

EU Votes to Ban New Gas-Powered Cars by 2035

The European Union has voted to ban the sale of new gasoline-powered cars and vans by 2035, requiring all new cars in Europe to be electric in 12 years.

Half of Americans Say They Are Worse Off, Highest Since Great Recession

Half of Americans say they are worse off financially than they were a year ago, the highest level of reported decline since the financial crisis, a Gallup poll released Wednesday showed.

We Can’t Ignore the Toll the Pandemic Has Taken on the Health of Our Kids

Throughout the COVID-19 pandemic, children’s hospitals and health systems across the United States found themselves stretched thin.

IRS Has ‘Not Yet Finalized’ How Middle Class Will Be Affected by $80 Billion Windfall

A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.

IRS Hasn’t Planned Details of How $80 Billion Windfall With Affect Middle Class

The Internal Revenue Service (IRS) does not yet know the details of how the Biden admin's approval of an $80 billion windfall will affect middle-class audits.

Household Wealth Optimism Collapses, Global Survey Shows

Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households.

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