Davidson News

Davidson News

DC Basic Income Program Allows Participants to Choose Payment Amounts

DC Basic Income Program Allows Participants to Choose Payment Amounts

A new basic income initiative in Washington, DC, called CashRx, is enabling low-income residents to select the amount of their monthly payments to better meet their personal needs. The program, managed by the nonprofit Bread for the City, aims to improve health outcomes for its participants by addressing economic instability and housing insecurity. Tailored Support … Read more

Financial Stability: Insights from Acorns’ Money Matters Report and Federal Findings on Homelessness

Financial Stability Anxiety Grips Young Adults Surge in Homelessness Reflects Economic Challenges According to Fortune, A recent report by Acorns, called Money Matters, shows that many young adults in the U.S. are really worried about their money. They surveyed over 5,000 Americans and found that almost a quarter of them are scared they might end … Read more

2025 Social Security COLA Navigating Financial Stability Amid Rising Costs

Social Security Benefits Set to Increase for Fourth Consecutive Year in 2025 COLA Projection Indicates Potential 2.6% Raise for Social Security Recipients According to FOOL, For older individuals dependent on Social Security, there’s potential for a fourth consecutive year of over 2% benefits increase in 2025, a significant occurrence not seen since 2008. This raise … Read more