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The Latest Breaking News from SNAP

West Virginia Senate advances work requirements expansion for SNAP benefits

The West Virginia Senate on February 23, 2024, passed Senate Bill 562, which aims to raise the age of able-bodied adults without dependents who must meet work requirements to receive Supplemental Nutrition Assistance Program (SNAP) benefits in the state.

Ballotpedia

Reddit IPO: Can A New Social Media Stock Stand Out In Meta's World?

Reddit's fate on the public markets may depend on whether it can hang with the tech giants that dominate digital advertising.

Investors Business Daily

Inside the GOP's "Orwellian" SNAP plan

"It would set a terrifying precedent of intruding on the most private areas of our lives"

Salon

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Critical spending decisions await Tuesday White House meeting - Roll Call

Senators returned to Washington on Monday with scant sign of the elusive spending breakthrough needed to avoid a partial government shutdown.

Roll Call

GOP forces face-off between SNAP and WIC

WIC may get the additional funding it desperately needs — but there's a really big catch

Salon

Expanding the Child Tax Credit Would Perpetuate Systemic Poverty

The policy is a true budget buster and is ineffective in the long term.

Reason

Meta's Mega Growth Casts Shadow On Comeback Stories For Snap, Pinterest

While Meta stock has surged to record highs, the Q4 earnings reports for Snap and Pinterest both disappointed investors.

Investors Business Daily

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Why 15 states opted out of Summer EBT

The USDA is expanding food benefits programs this summer in an effort to provide children with nutritious meals

Salon

Stock Market Hits Highs As AI Plays Arm, Palantir Skyrocket: Weekly Review

The stock market rally hit fresh highs, with the S&P 500 hit 5,000. Arm and Palantir skyrocketed, with several other AI plays running higher.

Investors Business Daily

Colorado's staggering SNAP backlog

"The food stamps literally put food on my table ... If I didn't have the food stamps, I wouldn't have food"

Salon

Stock Market Today: S&P 500 Nabs a New Record High

The main indexes carved out notable gains Wednesday thanks to well-received earnings from Chipotle and Roblox.

Kiplinger

Stock Market Today: Dow Jones Rises As S&P Eyes 5,000 Level; A Cathie Wood Pick Surges While Alibaba Tumbles

The Dow Jones index rose amid more earnings news. Cathie Wood's top pick Roblox surged on earnings as Alibaba tumbled.

Investors Business Daily

Dow Jones Rises As Market Rally Hits New Highs; 4 Stocks Flash Buy Signals

The major indexes opened near highs. Snap is crashing on earnings but Fortinet and several stocks may offer buying opportunities.

Investors Business Daily

Uber posts first full-year operating profit as a listed company – business live

2023 was an “inflection point for Uber”, says CEO Dara Khosrowshahi

The Guardian - UK

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Roll Call

Lawmakers wrangle over rescissions from 2022 law for farm bill - Roll Call

House lawmakers are arguing over using funds appropriated in 2022 to help pay for the farm bill, a typically bipartisan piece of legislation.

Investors Business Daily

Dow Jones Futures: Snap Crashes But These Stocks Jump On Earnings

The major indexes rallied for slim gains, with Palantir surging. Elf Beauty, Fortinet and Snap led earnings movers late.

Investors Business Daily

Snap Stock Plunges On Q4 Miss Amid Stiff Social Media Competition

Snap stock plunged after the social network reported Q4 adjusted profit that topped estimates while revenue missed.

Latin Times

Snap Lets Go 10% Of Staff

The company had slightly more than 5,300 employees at the start of November last year, the company said.

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International Business Times

Snap Lets Go Ten Percent Of Staff

Social media company Snap, which runs the youth-focused Snapchat platform, on Monday said it was laying off about ten percent of its staff, joining a wave of job cuts in the tech sector.

USAFacts

Americans are struggling to afford enough food

Food insecurity rose in the US in 2023, from affecting 10.7% of adults in March to 12.5% in October.

Top News

Snap Inc. to Cut 10% of Workforce amidst Layoff Trend

Snap Inc., the owner of Snapchat, is cutting approximately 530 employees, about 10% of its workforce. This comes as several tech companies, including Micro...

Investors Business Daily

Dow Jones Falls 274 Points After Powell Comments; Cathie Wood Loads Up On Stock Amid 40% Plunge

The Dow Jones fell after Fed Chair Powell spoke out on rates. Cathie Wood snapped up shares of a diving stock. Nvidia stock rose on a bullish call.

Investors Business Daily

Snap Is Cutting 10% Of Its Workforce; Stock Slides

Snap said it is eliminating 10% of its workforce as part of a restructuring plan. Snap stock slipped.

Evening Standard

Snapchat owner to cut 500 jobs in 'team restructure'

Snap Inc, the owner of social media app Snapchat is set to axe 10% of its workforce as part of a 'team restructure' as the firm seeks to cut overheads amid growing losses.

Digital Camera World

The Snap (Snapchat) drone Pixy recalled as fire hazzard—what an end to the story!

Snapchat (or 'Snap') 'flying camera' drone recalled because battery is fire hazard, and app will remove support for drone

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People

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