The Biden administration is allocating nearly $3 billion to enhance climate-friendly infrastructure and equipment at ports nationwide, including Baltimore, where a bridge collapse claimed six lives and disrupted maritime operations. This investment aims to improve port safety and efficiency while supporting environmental sustainability initiatives. The funding will help modernize ports and mitigate the impact of incidents like the tragic bridge collapse in Baltimore.
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Even households earning $150,000 a year are struggling with credit card and car payments
More high-income Americans are struggling with credit card and auto loan delinquencies, which have more than doubled since 2023, indicating broader financial challenges despite previously weathering economic shifts better than lower-income households. This trend, driven by a weaker job market for white-collar workers and rising housing costs, raises concerns about potential impacts on consumer spending and the overall economy. Want More Context? 🔎
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