#financial-impact

[ follow ]
#trump-administration
fromemptywheel
1 day ago
US politics

100 Days, a Trillion Dollars: DOGE's Costs Keep Adding Up - emptywheel

Cuts to the IRS and personnel changes have cost Americans over a trillion dollars.
fromGrub Street
5 months ago
Miscellaneous

What Trump Means for Tips

The first Trump administration significantly boosted luxury spending among affluent diners and servers, leading to record financial gains for restaurant workers.
fromemptywheel
1 day ago
US politics

100 Days, a Trillion Dollars: DOGE's Costs Keep Adding Up - emptywheel

Cuts to the IRS and personnel changes have cost Americans over a trillion dollars.
fromGrub Street
5 months ago
Miscellaneous

What Trump Means for Tips

The first Trump administration significantly boosted luxury spending among affluent diners and servers, leading to record financial gains for restaurant workers.
more#trump-administration
#tariffs
fromFast Company
2 months ago
Miscellaneous

Hope you like vodka. Trump's tariffs could change how America drinks

Potential tariffs on Mexican and Canadian goods threaten the financial stability of restaurants already facing narrow margins.
fromwww.bankrate.com
1 week ago
Cryptocurrency

Tariffs could cost the average American household $3,800 per year. Here's how to save for it

Tariffs could cost Americans $3,800 in 2025.
Price increases on everyday goods due to tariffs are inevitable.
Consumer goods, especially electronics and clothing, will see significant price hikes.
fromFast Company
2 months ago
Miscellaneous

Hope you like vodka. Trump's tariffs could change how America drinks

Potential tariffs on Mexican and Canadian goods threaten the financial stability of restaurants already facing narrow margins.
fromwww.bankrate.com
1 week ago
Cryptocurrency

Tariffs could cost the average American household $3,800 per year. Here's how to save for it

Tariffs could cost Americans $3,800 in 2025.
Price increases on everyday goods due to tariffs are inevitable.
Consumer goods, especially electronics and clothing, will see significant price hikes.
more#tariffs
#social-security
fromBusiness Insider
5 months ago
Information security

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump's proposal to cut taxes on Social Security benefits could provide short-term relief but threatens long-term viability of the Social Security fund.
from24/7 Wall St.
6 months ago
Miscellaneous

What You Need To Know About Social Security Disability Benefits

SSDI is crucial for the 42.5 million Americans with disabilities, providing essential financial support.
fromemptywheel
2 weeks ago
US politics

Amid DOGE's Failure to Find Fraud Committed by Entities Other than DOGE, DOGE Automates Deportation - emptywheel

Todd Lyons envisions an efficient, business-like deportation system akin to Amazon Prime's delivery model.
fromBusiness Insider
5 months ago
Information security

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump's proposal to cut taxes on Social Security benefits could provide short-term relief but threatens long-term viability of the Social Security fund.
from24/7 Wall St.
6 months ago
Miscellaneous

What You Need To Know About Social Security Disability Benefits

SSDI is crucial for the 42.5 million Americans with disabilities, providing essential financial support.
fromemptywheel
2 weeks ago
US politics

Amid DOGE's Failure to Find Fraud Committed by Entities Other than DOGE, DOGE Automates Deportation - emptywheel

Todd Lyons envisions an efficient, business-like deportation system akin to Amazon Prime's delivery model.
more#social-security
#homeownership
fromSFGATE
3 weeks ago
NYC real estate

The Hidden Cost of Pets: How They Can Delay Your Path to Homeownership

Spending on pets may hinder homeownership for many pet owners.
fromSFGATE
3 months ago
SF real estate

HOA Fees Are Rising-and Getting Harder for Homebuyers To Avoid

Homeowners association (HOA) fees are rising, adding significant costs to homebuyers' monthly expenses in 2024, thus affecting their purchasing power.
fromSFGATE
3 weeks ago
NYC real estate

The Hidden Cost of Pets: How They Can Delay Your Path to Homeownership

Spending on pets may hinder homeownership for many pet owners.
fromSFGATE
3 months ago
SF real estate

HOA Fees Are Rising-and Getting Harder for Homebuyers To Avoid

Homeowners association (HOA) fees are rising, adding significant costs to homebuyers' monthly expenses in 2024, thus affecting their purchasing power.
more#homeownership
NYC real estate
fromNew York Post
3 weeks ago

The average cost of a breakup is almost $4K - here's where sad single people are spending their money

The cost of a breakup for Gen Z can exceed $3,800, driven by impulsive spending and housing costs.
Many Gen Z individuals stay in unfulfilling relationships to share living expenses and avoid higher rents.
#cybersecurity
Information security
fromTheregister
5 months ago

Change Healthcare's clearing house restored after 9 months

Change Healthcare's clearinghouse services have resumed operations after a significant ransomware attack, with ongoing recovery efforts still in progress.
Information security
fromSecuritymagazine
4 months ago

Healthcare Organizations Report Ransomware Payments Over $500,000

Cyberattacks on cyber-physical systems can lead to millions in financial losses, disrupting operations and exposing significant vulnerabilities in cybersecurity practices.
fromITPro
5 months ago
Information security

API attacks are spiraling out of control

UK organizations increasingly face API attacks, costing over £420k on average for remediation.
Only 13% of organizations actively test their APIs despite significant attack rates.
API security lacks prioritization in comprehensive security strategies.
fromSecuritymagazine
6 months ago
Information security

53% of survey respondents admit to paying over $500,000 ransom

Cyber-physical systems face significant financial and operational impacts from cyberattacks, contributing millions in losses and extensive downtime.
Information security
fromTheregister
5 months ago

Change Healthcare's clearing house restored after 9 months

Change Healthcare's clearinghouse services have resumed operations after a significant ransomware attack, with ongoing recovery efforts still in progress.
Information security
fromSecuritymagazine
4 months ago

Healthcare Organizations Report Ransomware Payments Over $500,000

Cyberattacks on cyber-physical systems can lead to millions in financial losses, disrupting operations and exposing significant vulnerabilities in cybersecurity practices.
fromITPro
5 months ago
Information security

API attacks are spiraling out of control

UK organizations increasingly face API attacks, costing over £420k on average for remediation.
Only 13% of organizations actively test their APIs despite significant attack rates.
API security lacks prioritization in comprehensive security strategies.
fromSecuritymagazine
6 months ago
Information security

53% of survey respondents admit to paying over $500,000 ransom

Cyber-physical systems face significant financial and operational impacts from cyberattacks, contributing millions in losses and extensive downtime.
more#cybersecurity
#business-ethics
fromForbes
4 weeks ago
Mental health

How Ethical Business Practices Impact The Bottom Line

Ethics significantly impacts a company's reputation and financial success, making it essential for sustainable business growth.
fromFortune Europe
6 months ago
Miscellaneous

Prada and Kurt Geiger shamed for taking months to pay U.K. suppliers

Luxury brands Prada and Kurt Geiger face criticism for slow payment practices harming small businesses.
The average payment time exceeds two months, putting financial strain on suppliers.
Calls for change highlight a persistent culture of late payments among major companies.
Mental health
fromForbes
4 weeks ago

How Ethical Business Practices Impact The Bottom Line

Ethics significantly impacts a company's reputation and financial success, making it essential for sustainable business growth.
fromFortune Europe
6 months ago
Miscellaneous

Prada and Kurt Geiger shamed for taking months to pay U.K. suppliers

Luxury brands Prada and Kurt Geiger face criticism for slow payment practices harming small businesses.
The average payment time exceeds two months, putting financial strain on suppliers.
Calls for change highlight a persistent culture of late payments among major companies.
more#business-ethics
#divorce
fromBuzzFeed
7 months ago
Writing

Divorced Men Are Revealing The "Hardest Parts" Of Divorce That No One Talks About

Divorce uniquely affects fathers, encapsulating intense grief, legal challenges, and financial realities that often remain unaddressed in broader conversations.
from24/7 Wall St.
4 weeks ago
Retirement

How I Overcame A Divorce to Plan My Retirement

Divorce imposes significant financial burdens, especially on males as primary earners, impacting both emotional and financial recovery.
fromBuzzFeed
7 months ago
Writing

Divorced Men Are Revealing The "Hardest Parts" Of Divorce That No One Talks About

Divorce uniquely affects fathers, encapsulating intense grief, legal challenges, and financial realities that often remain unaddressed in broader conversations.
from24/7 Wall St.
4 weeks ago
Retirement

How I Overcame A Divorce to Plan My Retirement

Divorce imposes significant financial burdens, especially on males as primary earners, impacting both emotional and financial recovery.
more#divorce
fromIndependent
4 weeks ago
Soccer (FIFA)

Pat Spillane: My highs and lows of 2025 so far - the year we got our beautiful game back

Gaelic football has been freed from the negative influence of misguided modern coaches.
London
fromwww.independent.co.uk
1 month ago

Grounded: The questions Heathrow must answer over fire shutdown

Heathrow's closure caused severe disruptions for travelers and significant financial losses for airlines.
UK politics
fromwww.theguardian.com
1 month ago

I can't sleep, I'm so scared': disabled people face benefit cuts domino effect

Upcoming welfare reforms threaten the income and support of over 1.2 million disabled individuals, affecting access to essential benefits.
fromGameSpot
1 month ago
Cryptocurrency

Assassin's Creed Shadows Reaches Impressive Milestone In Just One Day

Assassin's Creed Shadows reached 1 million players shortly after launch, indicating strong interest and engagement within the franchise.
Healthcare
fromIrish Independent
1 month ago

Consumers warned not to get caught out by unexpected health insurance hikes

Health insurance price hikes are frequently higher than advertised averages, often exceeding inflation rates, leading to significant cost increases for consumers.
Productivity
fromFast Company
1 month ago

Researchers calculated exactly how much employee burnout is costing companies per year-it's staggering

Employee burnout can cost companies millions per year in lost productivity and turnover.
The financial impact of burnout varies significantly across job roles.
Liverpool FC
fromwww.90min.com
1 month ago

Liverpool confirm total cost of Jurgen Klopp's surprise departure

Liverpool paid £9.6 million for Jurgen Klopp's departure, marking a significant financial impact following his surprise exit.
fromBusiness Insider
2 months ago
Parenting

I lived at home until I got married. I didn't see it as a 'failure to launch.'

Living at home after high school can provide financial benefits for both young adults and their parents.
fromBusiness Insider
2 months ago
Miscellaneous

Leaving a job to become an unpaid caregiver can be difficult. Trying to get your job or salary back could be even harder.

Older Americans face career setbacks due to caregiving responsibilities for aging parents, affecting their finances and job prospects.
Business
fromLondon Business News | Londonlovesbusiness.com
2 months ago

UK businesses facing 47-day payment delays, research reveals sectors worst-affected - London Business News | Londonlovesbusiness.com

Late payments significantly hinder UK SMEs, costing them financially and in productivity.
Government initiatives are emerging to address and mitigate late payment challenges.
#insurance
fromLos Angeles Times
2 months ago
California

Allstate expects $1.1 billion in losses from Los Angeles fires

Allstate expects $1.1 billion loss from LA fires, yet reports 30% growth in quarterly net income due to reinsurance strategies.
fromwww.cbc.ca
2 months ago
Canada news

Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis? | CBC News

Climate change is intensifying natural disasters, leading to unprecedented insurance claims and potentially a financial crisis as rates rise.
fromLos Angeles Times
2 months ago
California

Allstate expects $1.1 billion in losses from Los Angeles fires

Allstate expects $1.1 billion loss from LA fires, yet reports 30% growth in quarterly net income due to reinsurance strategies.
fromwww.cbc.ca
2 months ago
Canada news

Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis? | CBC News

Climate change is intensifying natural disasters, leading to unprecedented insurance claims and potentially a financial crisis as rates rise.
more#insurance
#legislation
fromwww.bbc.com
2 months ago
London

Tradespeople demand fix for tool theft 'plague'

Tool theft is a significant issue for tradespeople, leading to financial strain and restriction on job locations.
fromVulture
2 months ago
Miscellaneous

Leave the Movie Previews Alone

The proposed bill to disclose preview lengths could harm smaller theaters financially.
fromwww.bbc.com
2 months ago
London

Tradespeople demand fix for tool theft 'plague'

Tool theft is a significant issue for tradespeople, leading to financial strain and restriction on job locations.
fromVulture
2 months ago
Miscellaneous

Leave the Movie Previews Alone

The proposed bill to disclose preview lengths could harm smaller theaters financially.
more#legislation
fromBuzzFeed
2 months ago
Miscellaneous

42 Lottery Winners Who Either Changed For The Better Or Became Way Worse Once Money Was No Object

Lottery winners can have diverse life changes, both positive and negative.
UK news
fromwww.independent.co.uk
3 months ago

More than three quarters of farms to be affected by Tractor Tax, new research shows

New inheritance tax rules will heavily impact farms across England and Scotland, leading to significant protests by farmers.
#homeowners
fromwww.nytimes.com
3 months ago
Digital life

California Wildfires Threaten Insurers Already Teetering From Climate Shocks

The wildfires near Los Angeles could significantly impact California's already strained insurance market.
fromwww.housingwire.com
3 months ago
Real estate

Cash-out refi customers largely used proceeds to pay down debt

Student loan balances were less affected by refinancing, declining gradually rather than sharply unlike credit card and auto loan balances.
fromwww.nytimes.com
3 months ago
Digital life

California Wildfires Threaten Insurers Already Teetering From Climate Shocks

The wildfires near Los Angeles could significantly impact California's already strained insurance market.
fromwww.housingwire.com
3 months ago
Real estate

Cash-out refi customers largely used proceeds to pay down debt

Student loan balances were less affected by refinancing, declining gradually rather than sharply unlike credit card and auto loan balances.
more#homeowners
#government-policy
fromIndependent
3 months ago
Miscellaneous

'I don't understand why the State would make it harder' - childcare bills to rise for thousands of parents as 660 providers approved to hike fees

Government approved fee hikes for childcare, increasing financial strain on parents, but new subsidies aim to mitigate these costs.
fromwww.theguardian.com
5 months ago
Education

English universities could miss out on millions from tuition fee increase

Increased tuition fees may not benefit all universities due to existing student contracts restricting fee changes.
fromwww.theguardian.com
5 months ago
UK politics

Large parts of adult social care market in England face collapse, thinktank warns

The social care market in England is at risk of collapse due to increased taxes and wages, threatening care for vulnerable individuals.
Miscellaneous
fromIndependent
3 months ago

'I don't understand why the State would make it harder' - childcare bills to rise for thousands of parents as 660 providers approved to hike fees

Government approved fee hikes for childcare, increasing financial strain on parents, but new subsidies aim to mitigate these costs.
fromwww.theguardian.com
5 months ago
Education

English universities could miss out on millions from tuition fee increase

Increased tuition fees may not benefit all universities due to existing student contracts restricting fee changes.
fromwww.theguardian.com
5 months ago
UK politics

Large parts of adult social care market in England face collapse, thinktank warns

The social care market in England is at risk of collapse due to increased taxes and wages, threatening care for vulnerable individuals.
more#government-policy
#insurance-market
fromwww.nytimes.com
3 months ago
Digital life

California Wildfires Threaten Insurers Already Teetering From Climate Shocks

The wildfires in Southern California threaten to worsen California's already troubled insurance market, increasing rates and limiting coverage options.
fromwww.nytimes.com
3 months ago
Digital life

California Wildfires Threaten Insurers Already Teetering From Climate Shocks

The wildfires in Southern California threaten to worsen California's already troubled insurance market, increasing rates and limiting coverage options.
more#insurance-market
fromBuzzFeed
3 months ago
Miscellaneous

I Won $100,000 On A Reality Show And I'm Being Brutally Honest About The Pro's And Con's Of It All

Winning a reality show can bring fame, fortune, and opportunities, but it also has unexpected challenges and complexities.
fromTime Out New York
3 months ago
Miscellaneous

Lyft will reimburse you for the new congestion pricing fee this month

Commuters will face an additional congestion pricing fee of $9 for entering Manhattan starting January 5.
UK politics
fromwww.bbc.com
3 months ago

Energy prices rise with warnings of more pain to come

Domestic energy prices continue to rise with further increases expected, impacting households financially throughout the year.
fromwww.theguardian.com
4 months ago
Europe politics

It cost 1bn and it's a dog shelter': red faces as Italy's Albania migrant centres lie empty

Italy's migrant processing plan in Albania has backfired, with minimal participation and financial implications prompting political scrutiny.
Remote teams
fromYourTango
4 months ago

Work-From-Home Employee Says Her Company's Return-To-Office Mandate Is Costing Her $13K

Return-to-office mandates impose significant financial burdens on workers, complicating the narrative of preference for remote work versus in-person attendance.
fromwww.independent.co.uk
4 months ago
UK news

How much is your water bill going to rise and why?

Major water bill increases in England and Wales are set to finance a £104 billion upgrade, raising concerns about affordability amid inflation.
fromTheregister
4 months ago
Information security

Krispy Kreme admits there's a hole in its security

Krispy Kreme faces online order disruptions due to a cybersecurity incident, impacting sales and operations.
fromwww.cbc.ca
4 months ago
Education

International student permit cuts are pushing away prospective students, experts say | CBC News

Canada's reduction in international student visas threatens the viability of post-secondary institutions and limits educational options, particularly in remote regions.
fromMiami Herald
4 months ago
Business

How a sweet deal for Cuban military dried up after Trump blocked flow of money from Miami

The Cuban military drastically lost remittance income from $800 million in 2019 to $35 million in 2021 due to U.S. sanctions.
fromIndependent
4 months ago
Miscellaneous

Deirdre Reynolds: Booze boycott is fine, but why not hit Conor McGregor where it hurts?

Boycotts may not significantly affect the wealth of high-profile celebrities like Conor McGregor.
Miscellaneous
fromIrish Independent
5 months ago

90,000 mortgage customers overcharged interest on loans

Ulster Bank is notifying customers affected by a significant mortgage system error related to its withdrawal from the Republic of Ireland.
fromLondon Business News | Londonlovesbusiness.com
5 months ago
London

Royal Mail will not rule out job cuts amid a 120 million Budget price hike - London Business News | Londonlovesbusiness.com

Royal Mail warns of possible job losses and price rises due to significant financial burdens from Labour’s Autumn Budget hitting their operations hard.
Miscellaneous
fromCbsnews
5 months ago

A Brooklyn woman was wrongly deemed dead by the government. 2 years later, she's still haunted by the error.

Government mistakenly declares thousands of people deceased annually, causing significant financial distress and complicating access to benefits.
fromLos Angeles Times
5 months ago
Los Angeles Rams

Pauley Pavilion is devoid of showdowns, fans as part of UCLA's shift to neutral-site games

UCLA basketball's nonconference schedule lacks competitive home games, reflecting a broader trend in college basketball towards neutral site matches driven by financial considerations.
fromwww.theguardian.com
5 months ago
UK politics

UK minister promises to force companies to end subscription traps

New rules will require companies to simplify subscription cancellations to prevent consumer exploitation.
Subscription traps cost UK consumers £1.6bn annually due to complex cancellation processes.
US news
fromBoston.com
5 months ago

Trump's win brings uncertainty to borrowers hoping for student loan forgiveness

Student loan cancellation remains uncertain with the new administration, causing anxiety for borrowers like Savannah Britt.
fromTechzine Global
5 months ago
Miscellaneous

CrowdStrike outage costs Air France-KLM 15 million more than expected

CrowdStrike outage cost Air France-KLM 25 million euros, significantly exceeding initial estimates of 10 million euros.
fromwww.theguardian.com
5 months ago
Miscellaneous

King and Prince William's estates making millions from charities and public services'

The royal Duchies' land leases are financially burdening charities and public services, raising ethical questions.
fromwww.bbc.com
6 months ago
Miscellaneous

Fraudsters steal 22 tonnes of cheddar

Neal's Yard Dairy suffered a significant theft of 22 tonnes of cheese worth over £300,000, impacting the artisan cheese community.
#taxation
fromwww.thelocal.no
6 months ago
Miscellaneous

SAS airline warns of cuts to Norway flight routes over rising taxes

Higher taxes in Norway's aviation sector could harm industry stability and reduce flight availability, according to SAS executives.
fromwww.thelocal.no
6 months ago
Miscellaneous

SAS airline warns of cuts to Norway flight routes over rising taxes

Higher taxes in Norway's aviation sector could harm industry stability and reduce flight availability, according to SAS executives.
more#taxation
#injuries
fromwww.standard.co.uk
6 months ago
Chelsea

Injury crisis cost Manchester United almost 40m in wasted wages last season as Chelsea also hit hard

Injuries cost Manchester United £40 million in wasted wages, highlighting the financial impact of player fitness issues.
fromwww.fourfourtwo.com
6 months ago
English Premier League

Manchester United boss Erik ten Hag proved RIGHT, as injury cost is revealed

Manchester United's injury woes drastically affected their performance and financials last season, leading to historically poor results.
fromwww.standard.co.uk
6 months ago
Chelsea

Injury crisis cost Manchester United almost 40m in wasted wages last season as Chelsea also hit hard

Injuries cost Manchester United £40 million in wasted wages, highlighting the financial impact of player fitness issues.
fromwww.fourfourtwo.com
6 months ago
English Premier League

Manchester United boss Erik ten Hag proved RIGHT, as injury cost is revealed

Manchester United's injury woes drastically affected their performance and financials last season, leading to historically poor results.
more#injuries
Business
fromwww.aljazeera.com
6 months ago

Boeing, union at strike impasse as company halts talks, withdraws pay offer

Boeing's ongoing strike might cost over $1 billion monthly, compounding financial struggles amid a critical backlog in deliveries.
fromwww.bbc.com
6 months ago
Soccer (FIFA)

Why Wales' EFL clubs are eyeing Europe via Welsh League Cup

Welsh EFL clubs are considering joining a Welsh cup competition to qualify for European football, potentially increasing financial support in Welsh football.
fromwww.90min.com
6 months ago
FC Barcelona

Barcelona confirm new Camp Nou return date

Barcelona will not return to Camp Nou until the second half of the 2024/25 season due to extensive renovations.
fromArs Technica
7 months ago
Business

Sonos workers shed light on why the app update went so horribly

Sonos' app update has caused significant dissatisfaction among users, leading to financial losses and the need for substantial corrective investment.
[ Load more ]