cost-of-living

USA Minimum Wage Hike 2025- Full Breakdown of State-by-State Increases Starting August

As of August 2025, several states across the United States are raising their minimum wage to better align with the rising cost of living, inflation, and broader economic changes. These updates are part of scheduled legislation and economic adjustment policies aimed at supporting low-income workers and ensuring fair pay across the country. For millions of Americans, this change is more than just a pay […]

CRA Confirms Increases In 5 Key Benefits For July 2025 – Check Amounts, Dates, And Eligibility

As cost-of-living pressures continue to affect Canadians, the Canada Revenue Agency (CRA) has increased five essential federal benefits starting in July 2025. These changes aim to help families, seniors, workers, and individuals with disabilities cope with rising prices and economic uncertainty. The increases are largely driven by annual inflation adjustments and a reduction in the lowest federal income tax rate from 15% to 14% […]

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