Author: Streamline Report
U.S. Debt Expected to Exceed $56 Trillion by 2034 Amid Fiscal Challenges
The United States is on track to see its national debt surpass $56 trillion by 2034, according to projections titled “An Update to the Budget and Economic Outlook: 2024 to [ more…]
CBO Forecasts Immigration Surge to Propel U.S. Economic Growth and Reduce Deficits Over Next Decade
The Congressional Budget Office (CBO) has projected that a significant increase in immigration to the United States over the next decade will lead to substantial economic benefits, including higher [ more…]
NYC Food Pantries See Unprecedented Surge in Demand, Up 82% Since 2019
New York City’s food pantries are experiencing record-breaking demand, with visits surging by more than 80% compared to pre-pandemic levels, according to a recent report from City Harvest, a [ more…]
97% of Jobs Fail to Keep Pace with Rising Costs, Salaries Expected to Drop Further by 2028
Inflation rates may have slowed down recently, but the damage to Americans’ purchasing power is already done, impacting nearly everyone regardless of income or industry. A recent Moneywise investigation reveals that [ more…]
White Americans Have Bank Balances Up to Six Times Higher Than Minority Groups
A recent study of the American Economic Association (AEA) has uncovered significant disparities in financial security across racial groups in America. In 2022, the median transaction account balance—a category that includes [ more…]
Gender Gap in 2024 Presidential Race Reflects Ongoing Political Divide
As the 2024 presidential race heats up, a deepening gender gap is emerging as a pivotal factor, with voting preferences sharply divided between men and women, according to a [ more…]
Banks Struggle to Offload Twitter Debt Two Years After Musk’s $44 Billion Takeover
Two years after Elon Musk’s $44 billion acquisition of Twitter, now rebranded as X, the deal is being labeled as the worst in Musk’s business empire, according to a [ more…]
The Rise and Fall of Bangladesh’s Economic Miracle: Fareed Zakaria Reflects
Fareed Zakaria, in his weekly program GPS on CNN aired on August 18, 2024, reflects that Bangladesh’s rapid rise and equally swift decline serve as a cautionary tale for developing nations, following [ more…]
Columbia University Protesters Set to Return Amidst Antisemitism Allegations and Campus Unrest
Republican-Led Congressional Panel Criticizes Columbia’s Response as Protests Against Israel’s Actions in Gaza Lead to Arrests, Suspensions, and Leadership Resignations. Most students at Columbia University who were subjected to [ more…]
UN Calls for Action on World Humanitarian Day as Aid Worker Deaths Reach Record High
As the world marks World Humanitarian Day, the United Nations is urgently calling for action following a record-breaking number of aid worker deaths in 2023. According to the UN [ more…]
