All articles tagged with #government assistance
Originally Published 13 days ago — by Kroger
Kroger has launched the Verified Savings Program, offering a 20% discount on produce and half-off Boost memberships for eligible customers receiving government assistance, aiming to improve food affordability and security.
Originally Published 1 year ago — by Yahoo Finance
Criminals are exploiting outdated technology on government-issued EBT cards to steal food aid from low-income Americans, leaving victims like Taisha Simon struggling to feed their families. The cards lack modern security features like computer chips, making them easy targets for fraud. Despite a temporary reimbursement program, many victims remain unaware or are denied compensation. Advocates urge Congress to modernize the EBT system to prevent further theft and ensure better financial security for recipients.
Originally Published 1 year ago — by The Texas Tribune
Farmers and ranchers in the Panhandle are seeking aid to rebuild after wildfires caused staggering financial losses, including thousands of cattle and hundreds of thousands of acres burned. Government assistance is being sought to help offset the losses, repair and replace infrastructure, and prevent wind erosion. Officials are also emphasizing the importance of mental health services for those affected by the devastating wildfires.
Originally Published 1 year ago — by Al Jazeera English
French farmers unions have called for an end to nationwide roadblocks after securing promises of government assistance, including cash, eased regulations, and protection against unfair competition. Prime Minister Gabriel Attal unveiled new measures, including a ban on imports of certain fruits and vegetables treated with a banned insecticide, opposition to a free-trade deal with the Mercosur trade group, and financial aid for livestock farmers and new farmers. The government aims to boost farmers' income, protect them against unfair competition, and simplify their daily lives, while also imposing fines on food industrial groups and supermarkets that do not pay a fair price to farmers.
Originally Published 2 years ago — by The Associated Press
A new report by Harvard University's Joint Center for Housing Studies warns that the United States is ill-prepared to adequately house and care for its growing aging population. With insufficient government assistance, many older adults may have to forgo needed care or rely on family and friends for assistance, leading to an increase in homelessness among older Americans. The report suggests creative solutions such as house or apartment sharing, accessory dwelling units, and cohousing communities to address the housing needs of older people with fixed or dwindling incomes. Additionally, the report highlights the rising mortgage debt among older adults and the challenges of obtaining affordable long-term care services. Older people of color and those living alone are particularly vulnerable to housing cost burdens.
Originally Published 2 years ago — by Reuters Canada
Families of Mexican sailors missing since Hurricane Otis devastated Acapulco are frustrated by the lack of progress and government assistance in the search for their loved ones. While officials report 28 people unaccounted for, families believe the number is higher. Many sailors jumped on their moored boats to seek safety, but were caught off guard by the storm's intensity, resulting in the destruction of hundreds of boats. Mexican business groups estimate the economic damage to the city at $16 billion, while insurance companies expect to pay around $662 million in claims.
Originally Published 2 years ago — by Walmart Corporate
Walmart has launched Walmart+ Assist, a program that offers customers on government assistance a 50% discount on monthly or annual Walmart+ paid membership plans. The program aims to make the benefits of Walmart+ more accessible to those who need it most, providing savings on free shipping, grocery delivery, gas discounts, and video streaming. Existing members who qualify and sign up will receive a prorated refund, and the new price will start immediately. Walmart has previously supported customers using government assistance through initiatives like accepting SNAP benefits online, and Walmart+ Assist is another step forward in helping those in need access the benefits of their membership.
Originally Published 2 years ago — by AL.com
Walmart is offering a discount on its Walmart+ subscription service for individuals receiving government assistance such as SNAP, Social Security, and Medicaid. The discounted price is $6.47 per month or $49 per year, compared to the regular price of $98 per year. The membership benefits include free shipping on online orders, gas discounts, free grocery delivery, and access to Paramount+ streaming services. Existing members who qualify can sign up and receive a prorated refund, with the new price starting immediately. Walmart was also the first retailer to accept SNAP benefits online in all 50 states.
Originally Published 2 years ago — by CNBC
Walmart is reducing the price of its subscription service, Walmart+, by half for low-income households that receive government assistance, such as food stamps. Starting July 20, eligible customers can pay $49 per year or $6.47 per month for Walmart+, compared to the regular price of $98 per year or $12.95 per month. This move aims to capture and retain price-sensitive shoppers who may be more likely to cancel services with recurring fees or turn to other retailers. Walmart has not disclosed the total number of Walmart+ subscribers but stated that about a quarter of its members receive government assistance. The discounted price could make Walmart+ more accessible to the 41 million Americans who receive food funding through the Supplemental Nutrition Assistance Program (SNAP) and other types of government aid. Walmart+ offers benefits such as free shipping, fuel discounts, access to streaming service Paramount+, and unlimited deliveries of online orders.
Originally Published 2 years ago — by USA TODAY
Americans who rely on government assistance to make ends meet fear the consequences of the ongoing debt-ceiling negotiations in Washington. Congressional Republicans are pushing for tougher work requirements for federal benefits, while President Joe Biden has suggested he's open to such restrictions. Families across America are watching with trepidation as the decisions made in those debt-ceiling talks could have real-life consequences. The negative economic effects of a default could cause instability in interest rates, increases in credit card rates, and difficulty borrowing money. Some Americans hope for a default to "wake up" the American people to whom they elect into office.
Originally Published 2 years ago — by Reuters
Troubled banks in the US are waiting for the FDIC to take over before buyers will step up, creating fears that the current turmoil will accelerate the concentration of the banking sector in the United States around a handful of institutions, reducing competition for consumers and deepening the risk if a giant bank fails. The government-brokered purchases of First Republic, Signature and Silicon Valley banks have created a vicious cycle. Publicly-traded buyers are now motivated to wait for ailing lenders to collapse so they can get better terms from the FDIC.
Originally Published 2 years ago — by Yahoo Finance
First Republic's stock price dropped nearly 30% on Wednesday after losing more than $100 billion in deposits during last month's banking system turmoil. The bank and its advisers are now considering a variety of alternatives to save the lender without being seized by US regulators, from the creation of a so-called "bad bank" to divesting $50 billion to $100 billion of long-dated securities and mortgages to make an eventual capital raise easier. The bank has a potential to avoid being seized by regulators, but it will require assistance from the US government.
Originally Published 2 years ago — by Yahoo Finance
David Rubenstein, co-founder of The Carlyle Group, believes troubled regional bank First Republic Bank will need government assistance to stay afloat and prevent the return of the banking turmoil that dominated March's headlines. Rubenstein says there's a big hole in the balance sheet of First Republic Bank and that the government will have to provide some assistance if that deal's gonna get done. Despite the capital injections and regulator show of support, First Republic Bank shares are off by a whopping 88% since March 1.