Econostrum

Teachers in Richland Parish, Louisiana, are set to receive one-time “clean out” checks worth up to $50,935 this year, following an unusually large local sales tax haul. The payments come at the end of the school year and are based on a unique revenue-sharing system tied to sales taxes collected in the parish. Record Sales Tax RevenueThe Richl

The ruling means the tariffs will remain in effect for now, affecting importers and businesses that had sought to block them. The case is expected to continue through the federal court system and could ultimately reach the Supreme Court. The dispute centres on tariffs introduced by President Donald Trump underSection 122 of the Trade Act of 1

Federal Pell Grants will soon be available to students enrolled in certain nondegree job-training programs, marking the largest expansion of the aid program in more than five decades. The change is expected to make hundreds of millions of dollars available for short-term workforce training, though awareness remains low and many states are sti

Crude oil prices fell sharply after President Donald Trump announced that he hadcancelled planned military strikes against Iran. The move, coupled with reports of a potential peace deal, raised hopes that tensions in the Middle East may be easing, leading to a significant drop in global oil prices. Oil Markets React to US-Iran DevelopmentsUS

Millions of federal student loan borrowers will soon need to choose a new repayment plan after the termination of the Biden-era SAVE program. Those who do not act within a designated timeframe risk being placed into repayment options that may result in higher monthly bills. The transition marks one of the most significant changes to the feder

Hundreds of thousands of Social Security recipients who still receive paper checks will need to transition to electronic payments as the federal government moves forward with a long-planned modernization effort. The change follows an executive order requiring most federal payments to be delivered electronically. The policy affects a range of

A developing weather system in the Bay of Campeche is being monitored by forecasters this week, although the chances of significant tropical development remain low. The disturbance, located in the southwestern Gulf region, has become the first area of interest tracked by the National Hurricane Center (NHC) during the 2026 Atlantic hurricane s

Consumer inflation in the United States rose at its fastest pace in three years, driven largely by surging energy prices amid tensions with Iran. The data sparked concern over possible Federal Reserve rate hikes in the coming months, while Americans feel the pressure at the pump and in everyday expenses. Energy Costs Drive InflationIn May, in