#financial-strain

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financial strain
Los Angeles Times
5 months ago
Los Angeles

'We are not trying to be greedy.' CSU faculty walk out for higher pay in tough times

Cal Poly Pomona faculty members launch a one-day strike for higher wages as part of a larger movement throughout the California State University system.
Faculty members express financial strain, including delayed family planning and multiple jobs to make ends meet. [ more ]
www.cbc.ca
5 months ago
Canada news

Supply issues, inflation combine to drive up cost of baby formula | CBC News

Parents in Canada are facing a shortage of infant formula due to disruptions in supply chains and increased demand.
The price of formula has increased by more than 20% between September 2022 and September 2023. [ more ]
Slate Magazine
5 months ago
Parenting

My Fiance's Ex Is Using All Our Child Support Money to Fund Her Party Lifestyle

The letter writer is frustrated with their fiancé's ex who spends child support money on herself instead of their child.
The letter writer wants to go to court to change the custody order and stop financially supporting the ex's lifestyle.
The fiancé is hesitant to go to court because he doesn't want to upset the grandparents and believes the court will favor the mother. [ more ]
POLITICO
5 months ago
NYC politics

'Don't yell at me, yell at DC': Adams blames NYC budget crisis on feds

New York City is facing budget cuts and reducing services due to the high cost of accommodating migrant asylum seekers.
Mayor Eric Adams is placing blame on the federal government for the city's financial strain and lack of support.
Adams has called for budget cuts and is seeking a 20% reduction in asylum-seeker expenses. [ more ]
London Business News | Londonlovesbusiness.com
5 months ago
Marketing

Retailers face exodus of marketing professionals as economic pressure continues

43% of retail marketers have seen an increase in employee turnover in the last year.
31% have had to let staff go due to financial strain.
37% of marketing leaders struggle to attract new staff to fill gaps. [ more ]
City Journal
5 months ago
NYC politics

NYC Migrant Plan Borrows From DeSantis Playbook

The influx of migrants is straining New York City's resources to the breaking point.
Mayor Eric Adams estimates that caring for current migrants will cost billions of dollars.
Various measures have been taken to manage the flow of migrants, but the city is struggling to keep up. [ more ]
morefinancial strain
www.npr.org
3 days ago
Health

Their first baby came with medical debt. These Illinois parents won't have another.

Medical debt is a common post-childbirth challenge for many new parents, impacting finances and daily life significantly. [ more ]
Scary Mommy
2 days ago
Business

Why Did My Mortgage Go Up?! Here's Why Payments Are Spiking, Says An Expert

Home value reassessment can lead to unexpected financial strain, impacting mortgage payments significantly. [ more ]
Independent
3 weeks ago
Design

The baby milk culture wars: "A formula feeding mother is only ever recognised as a sign of a failed breastfeeding policy"

Irish supermarket Aldi launches own-brand infant formula amid high prices of leading brands, impacting financially strained mothers. [ more ]
time.com
3 weeks ago
Mental health

Is Money Making You Sick?

Financial anxiety can have severe impacts on physical and mental health, including a higher risk of various ailments and early death. [ more ]
Streetsblog
1 month ago
Cars

Study: How Car Ownership is Keeping Americans From Financial Stability - Streetsblog USA

High auto costs strain finances and perpetuate inequalities
Societal pressures contribute to prioritizing car ownership over financial responsibilities [ more ]
BostonGlobe.com
1 month ago
US politics

Trump confronts a moment of truth for his finances in Manhattan court - The Boston Globe

Trump faces deadline to post bond for $454 million civil fraud verdict.
Financial strain on Trump from court battles and appeals court not ruling on waiver request. [ more ]
Time Out London
1 month ago
London

London's soaring council taxes have crossed the 2,000-a-year mark in almost half of boroughs

Council tax in London has risen above £2,000 a year in nearly half of the city's boroughs.
Residents in Kingston will be paying the most at £2,374.32 annually, while Wandsworth remains the cheapest at £961 per year. [ more ]
www.theguardian.com
2 months ago
London

Cash-strapped London council starts crowdfunding drive to pay for green upgrades

Residents in Southwark asked to invest in council projects for a financial return.
Councils in England resorting to innovative funding methods amidst financial crisis. [ more ]
Los Angeles Times
1 month ago
LA Lakers

Why would Kobe Bryant's dad auction NBA championship ring the Lakers legend gifted him?

Joe "Jellybean" Bryant is auctioning the 2000 NBA championship ring given by his son Kobe without clear reasons.
The auction of the ring might signify financial strain or depict a complicated relationship between Kobe's parents and his widow, Vanessa. [ more ]
www.npr.org
2 months ago
Europe news

Putin's grip on power is weaker than it appears, an opposition activist tells NPR

Putin's regime may be running out of fuel financially, leading to potential threats to his power from ordinary people.
Aleksei Miniailo, a Russian opposition activist, believes that democracy is still achievable in Russia despite Putin's crackdown on dissent. [ more ]
www.theguardian.com
3 months ago
UK politics

Why are councils going bankrupt? Politics Weekly UK

The UK government has announced an additional £500 million to help local councils in England.
Many local councils in England are facing bankruptcy due to squeezed budgets. [ more ]
www.independent.co.uk
4 months ago
UK news

Well-known nightclub chain announces closure of eight bars

A chain of bars in England is closing eight sites due to the financial strain on younger customers.
Despite reporting a successful Christmas trading period, Revolution Bar experienced a drop in revenue for the six months leading up to December. [ more ]
www.france24.com
4 months ago
France news

Conscription in Israel upends families as war in Gaza drags on

On the ground Of the 360,000 reservists called up for Israel's military operations since October 7, around one-third have families to provide for.
www.mercurynews.com
4 months ago
Parenting

Share the Spirit: Dad, you came!' This Contra Costa charity is helping struggling families thrive

The COVID-19 pandemic has caused financial strain and increased conflicts within families.
The Child Abuse Prevention Council provides workshops and support for families to promote healthy dynamics and prevent abuse. [ more ]
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