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Money Smart: How President Biden s Build Back Better plan will impact you
As lawmakers work through the details of the president s multi-trillion dollar plan, what should you be doing right now? Author: Sharon Ko Updated: 11:09 AM CDT May 26, 2021
SAN ANTONIO President Joe Biden’s ‘Build Back Better’ is a multi-trillion dollar plan that’s divided into three parts. The goal is to boost the economy by investing in jobs, infrastructure, healthcare, and education. The plan also includes tax provisions that increases the burden on the wealthy.
The first part of the president’s initiative, the American Rescue Plan, was signed into law March 11. It included direct relief to millions of Americans who suffered financially during the COVID-19 pandemic. The package also provided assistance to businesses, local government agencies and schools to reopen.
What s going on with Dogecoin s popularity? | Money Smart
A cryptocurrency that started out as a joke has a market cap of billions of dollars. KENS 5 explains the frenzy behind the digital token. Author: Sharon Ko Updated: 9:32 PM CDT May 11, 2021
SAN ANTONIO An image of a Japanese Shiba Inu dog with a side-eye began as a meme and has now become the face of dogecoin. Two engineers reportedly created dogecoin as a bitcoin parody. Out of the thousands of cryptocurrencies in existence, dogecoin is the fourth most valuable cryptocurrency. According to a cryptocurrency data site CoinMarketCap, it was worth roughly $67 billion by the time KENS 5 aired this story.
Soaring lumber prices affecting new home buyers, renovations | Money Smart
If you’re thinking about building or fixing a home, be prepared to pay more. The pandemic has affected demand for lumber and prices have soared to all-time highs. Author: Sharon Ko Updated: 4:27 PM CDT May 6, 2021
SAN ANTONIO If you’re thinking about building, renovating or repairing your home, be prepared for higher costs. The coronavirus pandemic has affected demand for lumber and prices have soared to all-time highs.
The coronavirus pandemic impacted just about every industry including sawmills. During the shutdown, lumber companies reduced production due to low demand. When the economy reopened, they couldn’t get back to the same level of production. According to Random Lengths, a wood products company that tracks data, lumber prices are up 340% compared to a year ago.