The Economy Uncovered
Beyond the headline numbers — examining the real state of the economy that affects everyday Americans. From housing affordability and wage stagnation to corporate consolidation and the true cost of living. The economic stories that matter but rarely lead the news.
Key Facts
Housing costs consume over 30% of income for a majority of American renters
Source: Census Bureau
Corporate profit margins have reached historic highs while real wages lag
Source: BLS Data
Consumer debt has surpassed $17 trillion for the first time
Source: Federal Reserve
Timeline
Federal Reserve holds rates at multi-decade highs
Housing affordability index hits record low
New economic policy proposals reshape fiscal debate
Coverage (11 articles)
Spain baulks at Trump’s threat to cut off all trade over NATO, Iran stance
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WATCH: Kennedy questions Noem about using taxpayer money for ad campaign featuring her prominently
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Trump: ‘We’re going to cut off all trade with Spain’
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How much could the Iran war cost the US? Here’s what we know
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US-Israeli strikes hit housing, hospitals, and more in Tehran
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Iran vows revenge after the killing of its supreme leader and trades strikes with Israel in widening war
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HUD proposes time limits and work requirements for rental aid
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HUD proposes new rules allowing housing agencies to impose time limits and work requirements for rental aid, aiming to encourage "self-sufficiency." Critics argue most aid recipients already work but face low wages, raising concerns about the policy's impact on vulnerable populations.
Drug company ads are easy to blame for misleading patients and raising costs, but research shows they do help patients get needed treatment
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While often criticized for misleading patients and inflating costs, direct-to-consumer drug ads can also help patients seek necessary treatment, according to research. Despite calls for bans, policymakers are focusing on stricter oversight, balancing concerns with potential patient benefits.
Offshore Tax Haven Network: How Billionaires Hide Trillions from Public Coffers
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A massive cross-border investigation spanning 40 countries exposes how billionaires use elaborate shell company networks to shelter trillions in offshore tax havens, depriving governments of critical revenue for public services.
Zohran Mamdani Kept Columbia Student in New York — Then Phoned With Trump to Secure Her Release
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A Columbia student detained by ICE was released after NYC Mayor Zohran Mamdani intervened, discussing the case with President Trump. Federal agents allegedly gained entry to university housing under false pretenses, claiming to search for a "missing person." This incident raises concerns about law enforcement tactics and student rights.
Pentagon sees ‘fragile’ progress in troubled program for modernizing background check system
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The Pentagon's crucial National Background Investigation Services (NBIS) program, modernizing federal background checks, faces "fragile" progress despite revised plans. Delayed for years and costing billions, it now aims for completion by FY2028, with GAO noting a reliable cost estimate but still lacking a fully reliable schedule. This initiative is vital for improving vetting efficiency and national security.