More than $60 billion may have been paid out in fraudulent unemployment insurance benefits during the Covid-19 pandemic, according to a report released Monday by the US Government Accountability Office.
The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to keep the government paying its bills and escalating pressure on Capitol Hill to avoid a catastrophic default.
An unsuccessful Republican candidate for state office in New Mexico who attributed his defeat to a “rigged” election is accused of masterminding a series of shootings targeting the homes of elected Democrats
The Treasury Department said Friday the US will reach the debt limit on January 19 and “extraordinary measures” will need to be taken, setting up one of the first major battles on Capitol Hill after Republicans took control of the House.
The US unemployment rate returned to a historic low of 3.5% in December. Not everyone is celebrating, however: Jobless rates for Black women and Latino men still haven’t recovered fully from the pandemic.
Friday the 13th might end up being someone’s lucky day. The Mega Millions jackpot has reached an estimated $1.35 billion — the second-largest in the lottery’s history — for the drawing set on Friday.
The cost of food is still hard to swallow, but the latest Consumer Price Index shows that those price increases — by and large — are at least growing at slower rates.
