“Tax Overhaul Sparks Debate: Economic Boost or Budget Bust?”

The passage of the "One, Big, Beautiful Bill" by the House of Representatives marks a major change in U.S. tax laws and has sparked intense debate about its economic impact on Americans. The bill would permanently extend individual tax rate reductions and increased standard deductions that were initially set to end in 2025, and would also introduce substantial new tax breaks geared toward supporting businesses, families, and seniors. However, experts from the Tax Foundation estimate that these adjustments could lower government revenues by approximately $4 trillion over the next ten years. People who support the bill argue it will boost economic growth and provide financial relief to many families, while critics express concerns about potentially growing government debt and the long-term effects on the nation's financial stability.

Gen Z and the Wallet Revolution: How Economic Uncertainty Drives Financial Mindfulness

Generation Z is changing the way they spend and manage their money because of tough economic conditions and uncertainty about the future. Many Gen Zers, who were shaped by the challenges of the 2008 financial crisis and COVID-19 pandemic, now see financial stability as a priority. With rising prices, expensive housing, and worries about job security making it difficult to feel economically safe, this generation now regularly practices careful budgeting and avoids unnecessary purchases. They're also using apps and participating in popular online challenges, like the "no-buy" challenge, to help them save more efficiently. These new habits are a noticeable shift away from the impulsive spending and lifestyle of "living in the moment," signaling that young adults today are investing more in building an emergency savings fund and preparing thoughtfully for the future.

Navigating Uncharted Waters: High Rates, Low Inflation, and Looming Risks

In mid-2025, the U.S. economy is experiencing significant challenges caused by trade conflicts, inflation issues, and shifting public confidence. Although inflation has cooled down below 3%, a notable improvement compared to previous years, interest rates stay high, with government borrowing costs like the 10-year treasury rate sitting around 4.4%, well above the rates seen in earlier years. These high interest rates provide individuals with opportunities to invest in safer options like money market funds and certificates of deposit, which now offer returns better than the rate of inflation—a situation unusual in recent decades. Nonetheless, experts worry that ongoing international tensions and economic uncertainties could cause inflation to pick up again, potentially leading the Federal Reserve to raise interest rates further, which could slow economic growth and increase the likelihood of a recession.

Artificial Intelligence, Real Scams: How Criminals Fake Voices to Fool Americans

Artificial intelligence-driven voice scams have become increasingly common, targeting Americans during uncertain economic and political times. Criminals are using advanced AI technology to mimic the voices of trusted family members, coworkers, or government officials, tricking victims into sending money or sharing personal information. These scammers exploit people’s anxieties caused by inflation, unstable job markets, and recent cyber attacks, making their fake emergencies seem believable. In response, authorities are advising the public to be cautious, verify urgent calls independently, and immediately report suspicious activity to help protect themselves and others from being targeted by this sophisticated form of fraud.

Suze Orman’s Smart Tip: Retirees, Keep More Cash Amid Economic Uncertainty

With rising economic uncertainties including geopolitical conflicts, such as recent tensions involving Iran, and ongoing inflation challenges, financial expert Suze Orman is urging retirees to keep more cash available than usual. Orman highlights that relying mainly on investments like stocks or bonds can be risky since both types of investments can fall at the same time during tough economic situations. Having extra cash accessible helps retirees stay prepared, avoid panic during market downturns, and handle unexpected expenses without needing to sell investments at a loss.

AI Side-Hustle Boom: How Americans Adapt in the Gig Economy

In 2025, many Americans are turning to artificial intelligence (AI) tools as a way to earn extra money during uncertain economic times. Platforms driven by AI, such as Canva and Pictochart, help people start side hustles or freelance businesses by making it easier to create graphics, presentations, and other digital services. With growing concerns about inflation and job stability, individuals are using these simple online tools to gain new skills, stay relevant, and supplement their incomes. This trend highlights how everyday people adapt to technological changes and find creative ways to boost their earnings when traditional job markets become unpredictable.

Trending now

Budgeting and Saving
Debt Management
Side hustle ideas to boost income
Investing basics for beginners