Headlines: 5 May 2022
– Moves by the federal government to lower gas prices have helped, but large discrepancies in price across states still exist.
– The Great Resignation continued in March with 4.5 million people quitting their jobs. The April Jobs Report will be released tomorrow.
– Federal Reserve Chairmen Jerome Powell thinks the country has “a good chance to restore price stability without a recession“
– Crude oil prices begin to rise again as the Russian invasion of Ukraine continues to place a strain on the global energy supply.
– President Biden still plans to make announcement on expanding student debt cancellation to more borrowers in the coming weeks.
Helpful Links & Information:
– Social Security: 2022 Average Monthly Payment
– Programs available to those on Social Security disability
– Accessing EBT Cards: Guidance for New York and California
