Economy
Find out with the advice of experts to take care of your finances by making safe purchases.
Can You Use an IRA to Buy a House? Benefits, Conditions, and Recommendations
You can now use your IRA to buy your first home, according to IRS rules. It can help you cover your down payment without a tax penalty.…
Traveling to the U.S.? Check if You’ll Have to Pay a Bond and How It Could Impact Your Budget
US visa applicants may have to pay a bond as part of a new pilot program. The measure aims to curb illegal overstays in the US, but…
Trump Announces Possible Tariffs of Up to 250% on Imported Medications
Tariffs on imported medications to rise up to 250% Trump pressures pharmaceutical companies Imported medicines under threat According to USATODAY, President Donald Trump has warned that he…
Economic Alert: Experts Fear Stagflation — What Could It Mean for Your Family Budget?
The risk of stagflation is rising in the US as inflation persists and employment begins to show signs of weakness. This combination could directly affect household budgets,…
Lower Taxes, Better Quality of Life: These Are the States Most Attractive to Domestic Migrants
Millions of people are leaving California, New York, and Illinois for the best states to live in the US. States with a better “tax climate” have become…
Can I Use My 401(k) to Buy a House in the U.S.?
Do you have a retirement plan? You might be able to use part of your 401(k) to buy a house in the United States. There are options…
Drowning in Credit Card Debt? Learn Strategies to Tackle What You Owe in Tough Times
Millions of people in the U.S. are struggling with overdue payments and need to know how to get out of debt. Credit card debt can grow quickly…
Trump Defends Economic Advantages of a Weak Dollar Amid New Tariff Wave
Trump Defends Economic Benefits of a Weak Dollar Tariffs Will Rise If the Dollar Keeps Falling Trump Criticizes China Over Its Currency Just days before implementing new…
Watch Out! No One Tells You This Before Choosing a Cell Phone Plan in the U.S. (And Where to Find Deals on Phones)
Tips for Choosing the Best Cell Phone Plan in the US This is What No One Tells You Here Are Some Key Insights Thinking about switching your…
Student Loan Forgiveness on Hold: Thousands of Students Affected by Department of Education Decision
The U.S. Department of Education has halted student loan forgiveness under the Income-Based Repayment (IBR) plan. This suspension affects thousands who have already met the eligibility requirements.…
Child tax credit increases, but 2.7 million migrant children are excluded in 2026
The child tax credit will increase to $2,200 per child starting in the 2025 fiscal year. However, new Social Security number requirements will exclude 2.7 million migrant…
Are Trump’s Tariffs Behind Inflation in the U.S.? Analysts Respond with Evidence
Prices of imported products such as clothing, coffee, appliances, and toys increased after the new tariffs imposed by Trump came into effect in June. Although inflation remains…
How Often Does the Minimum Wage Increase in the U.S.? Here’s the Truth Behind the Raise
The minimum wage in the United States has remained frozen at $7.25 per hour for over 15 years, with no federal adjustment. Millions of workers, especially Latinos,…
Social Security Checks Go Digital: Half a Million Seniors Could Be Affected
Social Security Ends Paper Checks, Moves to Digital Payments 520,000 Seniors May Struggle to Adjust Migration Is Mandatory, With Limited Exemptions Starting in September 2025, those still…
Trump’s Tariffs Trigger Wave of Bankruptcies and Legal Controversy in U.S. Courts
Companies blame Trump’s tariffs for bankruptcy Economists question that argument Real impact remains uncertain According to El Financiero, the word “tariffs” is becoming increasingly common in U.S.…
United States Expands Job Opportunities with H-2A Visas
H-2A Visas Available Companies with Most Permits Legal Employment in Agriculture In the United States, agriculture remains one of the essential engines of the economy. To sustain…
Using Cryptocurrency to Get a Mortgage? Here’s What You Need to Know
Major U.S. Mortgage Lenders Prepare to Accept Crypto as Assets in Mortgage Applications Could Open New Options for Those Wanting to Use Crypto to Buy a Home…
Good News for Tenants: NY Must Move Forward with Expanding Rental Assistance
A New York appeals court has ordered Mayor Eric Adams to immediately implement the expansion of the housing voucher program. The ruling forces the city to increase…
Rising Rents in the U.S. Squeeze Low-Income Tenants
Rents Remain High in the US Despite More Construction Many Hispanic Families Struggle to Cover Other Expenses After Paying Rent Less Affordable Housing and Potential Cuts to…
Who Will Stop Paying Taxes on Social Security Benefits?
Congress has approved a tax deduction on Social Security benefits for people over 65. More than 51 million older adults will receive significant tax relief. Trump will…
Trouble Paying Rent in Florida? Learn About 3 Counties Offering Rental Assistance
Three counties in Florida are offering rental assistance through specific programs. Many Latino tenants are facing rising prices and falling behind on rent payments. Here’s an explanation…
Should You Claim Social Security Before 70? Here Are 3 Good Reasons to Do It
Many people wonder whether they should wait until age 70 to claim their Social Security benefits. While waiting increases your monthly payment, there are solid reasons to…
What to Do After Trump’s Tax on Remittances? Millions of Latin American Families Affected
On July 4, Trump’s remittance tax was approved, adding a 1% fee to cash transfers sent abroad. It will affect millions of immigrants who send money to…
Do You Own a Ford? Over 850,000 Vehicles Being Recalled for Dangerous Defect
Ford announced the recall of more than 850,000 trucks and SUVs in the United States because of a serious issue. This defect increases the risk of accidents,…
Trump Hits Over 20 Trade Partners with 15% or 20% Tariffs — What Will the Economic Consequences Be?
President Donald Trump announced an increase in general tariffs for more than 20 US trading partners, intensifying America’s trade war. These measures could drive up prices, hurt…
Bitcoin Breaks Record with Nvidia Boost: Surpasses $112,000 for the First Time
Bitcoin reached a historic price on Wednesday afternoon, surpassing $112,000, driven by Nvidia’s strong performance. This record reinforces bitcoin’s role as an attractive asset for institutional investors.…
Trump Imposes 50% Tariff on Copper: Experts Warn of Rising Prices for Appliances and Electric Vehicles
Trump announced a 50% tariff on copper to strengthen domestic production and military security. Experts warn the tax will drive up prices in appliances, home repairs, and…
Trump Defends His Tariffs as “Common Sense” and Targets Brazil
Trump Defends His Tariffs as “Common Sense” Brazil, Next Target for Tariffs US Prepares New Tariff Letters US President Donald Trump justified his new tariff policy on…
Child Tax Credit: Millions of Families Could Be Excluded Under Trump’s Reforms
Congress has approved changes to the child tax credit. Millions of children could be excluded due to new income requirements. The law has already been signed by…
Will There Be Another Stimulus Check? Here’s What to Know After Trump’s New Plan Is Passed
Congress Passes Trump’s New Fiscal Plan Without Stimulus Checks Significant Cuts to Medicaid and Medicare Will Impact Millions States Face Budget Pressure and Healthcare Challenges President Donald…
Massive Vehicle Recall: Chrysler, Ford, BMW, Kia, and Subaru Join the List
Chrysler Recalls Vehicles Over Airbag Issues Ford Recalls Lincoln Models for Loose Trim Subaru Recalls Forester Over Child Seat Defect The National Highway Traffic Safety Administration (NHTSA)…
Medicaid Cuts: A Fiscal Strategy or a Threat?
Medicaid cuts in the “Big Beautiful Bill” Impact on vulnerable and low-income communities Proposals for changes in eligibility and funding The “Big Beautiful Bill” is making swift…
How Will Trump’s Economic Reform Impact Your Wallet?
The Republican-controlled Congress has approved Trump’s economic reform. It includes permanent tax cuts and reductions to key programs like Medicaid. If it advances in the Senate, it…
Remittances Face New Tax: Congress Approves Trump’s Proposed 1% Levy
The U.S. Congress has approved a new 1% tax on remittances. It will affect millions of money transfers abroad, crucial for migrant families. President Trump is expected…
Bitcoin Eyes $116K in July: Analysts Talk of a “Perfect Storm” in Markets
Bitcoin is forecast to potentially surge to $116,000 in July. A “perfect storm” of economic factors is pushing its price higher. Investors and institutions may further boost…
Trump Effect on the Job Market: Loss of 33,000 Jobs Raises Concerns in the Private Sector
Trump’s policies lead to the first loss of 33,000 private-sector jobs since 2023. It’s a clear sign of a cooling labor market worsened by these measures. Official…
Food Costs More Depending on Where You Live: Here’s the Food Inflation in Major U.S. Cities
Food inflation in the US remains above the general inflation rate. It’s hitting the wallets of millions of Hispanic families hard. Moderate increases are forecast, but with…
Tariffs Drive Up Prices of China-Made Products Sold on Amazon
Chinese products on Amazon rose 2.6% between January and June, outpacing inflation in basic goods. This increase reflects the direct impact of U.S. tariffs on China, hitting…
Trump’s Massive Immigration Bill Aims to Restrict Economic Benefits for Immigrants
Trump Pushes Immigration Bill in His Mega-Legislation to Limit Tax Benefits and Raise Costs for Immigrants Could Directly Impact the Wallets of Millions of Hispanic Families, Even…
Trump Breaks Off Trade Negotiations with Canada
Trump Breaks Off Trade Negotiations with Canada US to Impose New Tariffs on Canada in 7 Days Trump Responds to Canadian Digital Tax with Tariffs President Donald…
Trump Threatens to Impose 25% Tariffs Before July 9
Trump Threatens to Impose 25% Tariffs Trump Increases Pressure with New Trade Tariffs China and the UK, the Only Countries with Deals President Donald Trump warned on…
U.S. Targets Mexican Banks in New Crackdown on Money Laundering
Trump administration sanctions three Mexican financial institutions for alleged cartel-linked money laundering The sanctions aim to disrupt fentanyl trafficking and dismantle laundering networks Mexico demands proof as…
Student Debt Crisis: Millions in the U.S. at Risk of Wage Garnishment
Nearly 6 million Americans are behind on their student loan debt payments Wage garnishment could begin as early as July What’s next: More delinquencies, lower credit, and…
Higher Electricity Bills: U.S. Heatwave Strains Household Budgets
Electricity Bills Are Rising in the U.S. Due to Extreme Heat and Natural Gas Price Hikes Power rates are hitting Hispanic families especially hard. More heatwaves and…
How to Save on Plane Tickets This Summer? Discover the Busiest Travel Days
There are several ways to find cheap flights if you choose your travel days wisely. Summer is in full swing, and flights are more crowded than ever…
What Will Happen to Oil Prices If Iran Closes the Strait of Hormuz?
Oil prices have already risen 10% due to fears of disruption since the conflict began. Iran threatens to close the Strait of Hormuz after U.S. and Israeli…
