U.S. millionaires and billionaires evade $150 billion a year of their fair share of taxes, Danny Werfel, commissioner of the Internal Revenue Service, said last week in a CNBC interview.
Poverty in New York City had been easing down for several years but spiked back up in 2022 by about 500,000 people, leaving 23 percent of city residents unable to afford essentials such as rent and food, according to a study from Columbia University.
U.S. home sales grew by 3.1 percent in January from December, the largest monthly jump since August 2023, the National Association of Realtors (NAR) reported. However, sales of existing homes, which make up about 70 percent of the market, were still down 1.7 percent year on year.
U.S. credit card companies have raised their interest rates an average of 4.3 percentage points over the last 10 years, which is allowing them to collect an additional $25 billion a year from cardholders, the Consumer Financial Protection Bureau (CFPB) has calculated.
The Environmental Protection Agency released a new report that found at least 60 percent of the U.S. population is exposed to “forever chemicals” in their tap drinking water—raising new concerns about the impact of these toxic PFAS on the public’s health.
Victoria Nuland, the State Department’s #2 most important person, tried a new approach to sell the Ukraine War to Americans by stating that Ukraine just needs a little more money to win, and if Russian President Vladimir Putin wins, other tyrants will look to invade other countries.
Iran called out the U.S.’s “free speech” hypocrisy last week after Ayatollah Ali Khamenei, the Supreme Leader, was kicked off of Facebook and Instagram.
The Kremlin last week responded to U.S. President Joe Biden, who called Russian President Vladimir Putin a “crazy SOB” during a fundraiser in San Francisco.
Israel Katz, Israel's foreign minister, sent a letter to the UN Security Council on Friday and said Jerusalem is “running out of patience” with Iran, while accusing Tehran of increasing weapon shipments to proxies in the region.
The tit-for-tat slow-burn war between Israel and Hezbollah continued to intensify on Monday after the Lebanese group fired about 60 rockets toward the Israeli-occupied Golan.