Clean-Energy Crisis 2025: Policy Uncertainty Sparks Job Loss Wave

In 2025, America's clean-energy industry is facing a major job crisis due to canceled or delayed projects worth over $14 billion, mainly caused by uncertainty over federal policy changes. President Trump's plan to cut clean-energy tax benefits has already resulted in at least 10,000 job losses. This instability doesn't just affect energy companies—employees, independent contractors, and small business owners in related sectors like solar installations, electric cars, and battery production are also struggling to find steady work. Many workers and freelancers now have to rethink their career plans, searching out side hustles and other job opportunities as the once-growing clean-energy industry faces new challenges.

2025 Budget Bill: Key Tax Changes Businesses Can’t Afford to Ignore

The 2025 Budget Bill, recently approved by the House and waiting for Senate review, contains important changes to business taxes that could affect many companies across the country. Among these proposed changes are adjustments to bonus depreciation rules, updates to research and development deductions, and modifications to the Qualified Business Income (QBI) deduction. These new proposals are intended to encourage business growth and streamline tax rules. However, businesses may need to rethink their financial strategies to prepare for these possible changes. This legislation is being closely watched by investors and businesses, especially given recent improvements in the stock market and ongoing negotiations around trade deals.

Americans Tighten Wallets Amid Rising Prices and Economic Uncertainty

Amid ongoing economic uncertainty, many Americans have started cutting their spending and being more careful with their finances. With prices rising faster than anticipated, people are becoming choosier about what they buy, staying loyal to brands they trust, and seeking out discounts or rewards programs to stretch their dollars further. Even though the Federal Reserve recently cut interest rates to help stimulate spending, they've indicated that they may slow down future rate cuts because economic growth remains fairly stable. These mixed signals have consumers acting cautiously as they look for ways to keep their budgets under control and prepare for possible economic challenges ahead.

Tariff Troubles: Rising Inflation Fuels Financial Anxiety Among Americans

As of June 2025, rising inflation and increased tariffs have caused many Americans to worry more about their finances. A recent study shows 59% of Americans now feel anxious about money matters, significantly higher than just a couple of months earlier. Younger people, especially Gen Z and Millennials, have been hit the hardest, with sharp increases in financial anxiety. High living costs are also causing stress, as three out of every four respondents expressed worry about rising everyday expenses. Experts point out these concerns have intensified after President Trump introduced new tariffs on imports, creating uncertainty and contributing to fears about rising prices for consumers.

IRS Alert: Beware of Refund Scam Emails Targeting Taxpayers

The IRS has recently warned taxpayers about a new tax scam spreading quickly across the country, particularly affecting those waiting for refunds or those who filed paper returns. Fraudulent emails claiming to be from the IRS promise recipients they are owed tax refunds and urge them to click on links to verify their personal and banking information. These emails are convincing, often using official-looking IRS logos and urgent wording to trick people into providing sensitive details. Economic hardships, such as inflation and financial stress, appear to make more people vulnerable to this type of scam. The IRS advises taxpayers to stay cautious and remember that it will never request sensitive information via email or text messages.

Gold Hits $3,350 Amid Inflation Fears and Economic Uncertainty

Gold prices have recently climbed to $3,350 per ounce, driven mainly by increasing worries about inflation and economic instability. Many people invest in gold to maintain the value of their money when prices continue to rise and economic conditions are uncertain. While silver, platinum, and palladium have also gained attention, they tend to have more ups and downs due to their different uses in areas such as manufacturing. Unlike gold, whose price often stays stable during tough economic times, these other metals can experience wider swings due to changes in industrial demand.

Trending now

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