Mackenzie Hawkins
Bloomberg
Washington, DC, United States
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Past articles by Mackenzie:
Long Covid May Be to Blame for Surge in Women With Disabilities
Long Covid may be behind the recent surge in US women with a disability, who surpassed their male counterparts in the workforce during the pandemic, reversing historic trends. → Read More
Future Democratic Hopeful Ro Khanna Takes On the Heartland From Silicon Valley
Khanna has a $2 trillion pitch to revitalize US manufacturing, with a catchphrase made for a campaign — but he has to get Congress on board. → Read More
The $1.8 Trillion Student Debt Bubble Is Now the Supreme Court's Problem
With White House plan in limbo, people with stretched budgets are bracing for the resumption of required payments after a three-year pause. → Read More
Silicon Valley’s Ro Khanna Leads Congressional Trip to Taiwan
Representative Ro Khanna is leading a congressional delegation to Taiwan Saturday to bolster economic ties as the relationship between Washington and Beijing comes under fresh strain. → Read More
Two in Three Americans in Survey Couldn’t Cover $400 Emergency
Only one in three Americans can comfortably cover a $400 emergency expense, according to new survey data from Suze Orman’s emergency savings startup as the personal finance expert warns of broadening financial insecurity. → Read More
Damar Hamlin’s Toy Drive Gets $85,000 Fantasy Football Boost
More than 350 leagues have donated some or all of their winnings to the Buffalo player’s Chasing M’s Foundation. → Read More
More Americans Tap Credit Cards for Everyday Expenses
Census data shows that households are struggling to cover bills as pandemic savings run out. → Read More
How Gen Z Should Prepare Their Finances for 2023
Building an emergency savings fund is essential as economic turmoil looms in the new year. → Read More
Chicago Taps Brakes on Gentrification With a Tax on Teardowns
With multi-unit dwellings giving way to single-unit homes, Logan Square leaders pushed for measures to keep the neighborhood’s Latino population in place. → Read More
California Strike by 48,000 Academic Workers Flexes UAW's Muscle
During the 2020 U.S. presidential campaign, fact-checking and warning labels by big social media platforms prompted some users to use alternative apps like Parler, which promise less content moderation. But the Jan. 6 insurrection and an unforgiving business model proved its undoing. → Read More
With Relief Plan Frozen, Biden Faces Pressure to Delay Student Loan Payments
White House initiative to forgive debt is in jeopardy as legal challenges mount and a deadline for borrowers to resume payments looms at the end of the year. → Read More
Pelosi Says Attack on Husband Will Be Factor in Her Future Plans
House Speaker Nancy Pelosi said the attack on her husband, Paul, would be a factor in deciding her political future, and expressed dismay that Donald Trump and others, including Elon Musk, had cast doubt on the attack. → Read More
Chicago Approves $16.4 Billion Budget With More Pension Funding
The Chicago City Council voted to pass Mayor Lori Lightfoot’s $16.4 billion budget for 2023, approving an advance pension payment and additional investments in public safety as the city continues to recover from the pandemic. The spending plan closes a $128 million hole in the corporate fund, which pays for everything from law enforcement to tree trimming. The projected 2023 deficit is Chicago’s… → Read More
Stimulus Support Staff Cuts Mean Limited Fraud Monitoring
More than 30,000 cities, counties and tribal governments with billions of dollars in federal stimulus money to spend are now largely on their own. → Read More
Yale’s Hometown Mends Finances After School Ups Payments
Yale University’s hometown of New Haven, Connecticut –- long beleaguered by budget woes with its fiscal health hinging on state support and voluntary payments from the third-richest US school -- is finally seeing its financial prospects brighten. The city on the Long Island Sound, with more than a quarter of its 135,000 residents living in poverty, won its first upgrade since at least 2002 last… → Read More
Chicago’s High Property Taxes Pay for Squeezed Retiree Benefits
Chicago may finally be on a path to adequately funding its four city employee pensions -- but getting there is likely to come at the expense of homeowners who already pay some of the highest property tax rates in the nation. → Read More
Senators Reach Bipartisan Crypto Deal Amid Doubt on Getting Vote
A bipartisan group of senators have struck a compromise on a cryptocurrency reporting requirement in the $550 billion infrastructure bill, but it’s not yet clear it will get a vote. → Read More
Infrastructure Moves Closer to Senate Passage After Delays
The U.S. Senate moved closer to passing a $550 billion infrastructure package after a drawn-out debate that pushed action into this week and left the status of several proposed changes unsettled. → Read More
States Under Pressure to Expedite Stalled Rent Aid Efforts
The Biden administration’s decision to give renters affected by the worsening pandemic a two-month eviction reprieve risks pushing a housing crisis into the fall if states fail to accelerate distribution of billions in rent relief. → Read More
GOP Negotiator Says Infrastructure Deal Will Be Ready Next Week
A key Republican in the bipartisan Senate group working on a $579 billion infrastructure package said disagreements over transit funding and revenue sources that have held up a deal should be settled and legislative language agreed to by early next week. → Read More