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Ancillary Air Traffic Control Equipment Market Driven by Demand for Immersive Technologies Across Industries 11-26-2024 08:09 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Verified Industry Insights Ancillary Air Traffic Control Equipment Market Global Ancillary Air Traffic Control Equipment Market Impact of AI and Automation The ancillary air traffic control equipment market is witnessing robust growth driven by the increasing demand for air travel, heightened safety requirements, and advancements in aviation technology. As air traffic volumes continue to rise globally, the need for efficient, reliable, and precise air traffic control systems becomes more critical. This has led to significant investments in ancillary equipment such as radar systems, communication devices, and surveillance technologies that support air traffic management. The adoption of automation and AI technologies further enhances operational efficiency, safety, and accuracy in managing air traffic. Additionally, ongoing upgrades to aging infrastructure and the expansion of airport and air navigation facilities in emerging economies are fueling market demand. With governments and aviation authorities focusing on modernizing air traffic control systems to meet the needs of growing air traffic, the market is expected to see continued expansion in the coming years. The dynamics of the ancillary air traffic control equipment market are shaped by technological advancements, regulatory requirements, and the increasing complexity of air traffic management. As air traffic grows, there is an escalating need for more sophisticated systems to manage and monitor aircraft movements. Innovations such as radar systems, automated flight tracking, and improved communication tools are being integrated to enhance safety and efficiency. Additionally, regulatory changes and the push for enhanced safety standards are driving demand for more reliable, accurate, and interoperable equipment. The market is also influenced by the ongoing modernization of infrastructure, especially in developing countries, where there is a push to update air traffic control systems. The growing reliance on automation, AI, and data analytics further contributes to the evolution of the market, creating new opportunities and challenges for equipment manufacturers. The market size of Ancillary Air Traffic Control Equipment Market, valued at $2.5 billion in 2023, is projected to reach $4.1 billion by 2033, expanding at a CAGR of 5.1% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.. The growth is being attributed to increasing demand in different sectors, Ancillary Air Traffic Control Equipment technological advancement, and changing habits of consumers and industry towards sustainable and efficient technologies. Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart)@ https://www.verifiedindustryinsights.com/download-sample/1290296/?utm_source=OpenPr&utm_medium=049 Key Players in theAncillary Air Traffic Control Equipment Market Thales Group Raytheon Technologies Honeywell International Inc. Leonardo S.p.A. Northrop Grumman Corporation Indra Sistemas S.A. Saab AB Frequentis AG Aireon LLC SITAONAIR Nav Canada Global Ancillary Air Traffic Control Equipment Market Segmentation: Ancillary Air Traffic Control Equipment Market by Communication Equipment Radio Communication Systems Data Communication Systems Intercom Systems Voice Switching Systems Satellite Communication Systems Ancillary Air Traffic Control Equipment Market by Surveillance Equipment Radar Systems CCTV Systems Automatic Dependent Surveillance-Broadcast (ADS-B) Surface Movement Radar (SMR) Multilateration Systems Ancillary Air Traffic Control Equipment Market by Navigation Equipment Global Navigation Satellite System (GNSS) Instrument Landing Systems (ILS) Ground-Based Augmentation Systems (GBAS) Flight Management Systems (FMS) Distance Measuring Equipment (DME) Ancillary Air Traffic Control Equipment Market by Automation Systems Airport Management Systems Air Traffic Management Systems Decision Support Systems Automated Flight Service Stations Traffic Flow Management Systems Ancillary Air Traffic Control Equipment Market by Other Equipment Weather Monitoring Systems Emergency Response Systems Training Simulators Maintenance and Repair Tools Software Solutions Market Segmentation Dynamics of Ancillary Air Traffic Control Equipment Market: The global Ancillary Air Traffic Control Equipment market comprises numerous types, each targeting specific market demands. More types that are familiar to the customers are, hardware, software and service based solutions. Hardware solutions comprise tangible goods that include sensors, devices and components for power applications. Software solutions aid in improving functions by automating systems, analyzing data and integrating artificial intelligence to make systems more functional and efficient. Service based offering include providing support, running maintenance and offering consultancy services to ensure that Ancillary Air Traffic Control Equipment systems are able to operate optimally and provide satisfactory value over time. All these segments combine to satisfy customer needs with these different types of helping in growth of global Ancillary Air Traffic Control Equipment market. Global Usage of Ancillary Air Traffic Control Equipment: Businesses, consumers, and governmental bodies use the Ancillary Air Traffic Control Equipment resources within the respective jurisdictions. Ancillary Air Traffic Control Equipment products are incorporated into businesses operating in manufacturing, retail, healthcare, and other industries to increase efficiency, reduce costs, and boost performance. The consumers' needs are evolving due to changing lifestyles, new technologies, and growing demand for easy solutions. At the same time, Ancillary Air Traffic Control Equipment are employed by the governments to sustain the public order, construct and develop infrastructure, and provide better services. Different end-user groups use products for different purposes which determine the development of products and trends in the market. Firms which are able to meet the diverse demands of the end-users stand a good chance to prosper in the competitive landscape of the Ancillary Air Traffic Control Equipment sector. Global Market by Region: North America Europe Asia-Pacific Latin America Middle East & Africa The Ancillary Air Traffic Control Equipment market at the global level depicts notable regional differences wherein North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa all to overall growth. North America has the highest level of technology use and is continually supported by the demands of healthcare, automotive and industrial. Europe has inbuilt objectives of sustainability, compliance with regulations and advances in automotive and energy industries. Asia-Pacific is projected to be the fastest region driven mainly by industrialization, middle class growth and technology investment. Latin America and the Middle East and Africa are considered as new markets with potential growth for infrastructures and adoption of technology. It is essential to appreciate these regional aspects and their interrelations in order to formulate appropriate growth strategies for the Ancillary Air Traffic Control Equipment market. Receive a Discount By Purchasing This Report @ https://www.verifiedindustryinsights.com/ask-for-discount/1290296/?utm_source=OpenPr&utm_medium=049 Frequently Asked Questions (FAQ) on the Global Ancillary Air Traffic Control Equipment Market promotion Q. What is the growth forecast of the global Ancillary Air Traffic Control Equipment market? A. The market size of Ancillary Air Traffic Control Equipment Market, valued at $2.5 billion in 2023, is projected to reach $4.1 billion by 2033, expanding at a CAGR of 5.1% between 2024 and 2033. The report comprises various segments and analyzes significant trends and factors influencing market growth.. It is obvious that demand for Ancillary Air Traffic Control Equipment products will grow in the future as global markets expand. Factors such as rising consumer demand, technological advancements, and increasing industrial applications are fueling the market's expansion. As businesses and industries seek out possible advancement in operational efficiency and customized goods, the market's stable CAGR is expected to be witnessed. Q. Which regions have been influential in creating the need for Ancillary Air Traffic Control Equipment in the countries that they operate in? A. Ancillary Air Traffic Control Equipment's growth in volume has been derived mainly from Asia-Pacific primarily due to - accelerated industrial growth, urban expansion, and technological enhancement. This is closely followed by North America which will primarily be driven by technology enhancement and high consumption. Europe also remains a key market contributing towards Ancillary Air Traffic Control Equipment demand fueled by the increasing trend towards innovative solutions sustainability. South America and Middle eastern and African regions too are increasingly becoming targets with awakening demand from infrastructures development and expanding industries. Q: What are the primary forces impacting the global Ancillary Air Traffic Control Equipment industry? A: The expansion of the global Ancillary Air Traffic Control Equipment market is mainly determined by technical advancement, transformation of customer requirements, and the growing requirement for efficiency across different regions. The infusion of advanced technologies like AI, automation, and IoT is improving the capability of products and creating new opportunities. Also, the trend towards greener approaches, the accompanying regulatory environment, and the rising adoption of Ancillary Air Traffic Control Equipment in the developing economies are some major trends that are expected to influence the market. Q: Who dominates the global Ancillary Air Traffic Control Equipment market? A: The global Ancillary Air Traffic Control Equipment marketplace has matured companies as well as new innovators. The best companies have established excellence in marketing, have a wide range of products and are innovative. These companies are focused on upgrading their products and services, increasing their research and development activities as well as branching out into other core areas for regulatory advantages. Mergers and acquisitions are also part of the strategies that the top players deploy to ensure their success in the market. Q: In what manner are technologies supporting the growth of Ancillary Air Traffic Control Equipment industry? A: Technology is revolutionizing the global Ancillary Air Traffic Control Equipment industry by enhancing the features of products, increasing the efficiency of operations and creating new market opportunities. With the use of advanced technologies like AI, machine learning, automation, the production processes are being made more efficient, costs are being lowered and quality is increasing. The Internet of Things (IoT) also adds to the functionality and connectivity of products, resulting in more value for customers. There is also the emergence of digital transformation and data analytics enabling the businesses to understand their customers more comprehensively and thereby adjust their offers and marketing. Technology is enabling organizations to develop faster and better address the challenges in the market that is perpetually changing. 🔍 For More Information or Query, Visit @ https://www.verifiedindustryinsights.com/report/global-ancillary-air-traffic-control-equipment-industry/?utm_source=OpenPr&utm_medium=049 Categorized Aerospace and Defense: Aviation Equipment The Global Ancillary Air Traffic Control Equipment Market which is within the scope of Aerospace and Defense and further divided into specific structures under Aviation Equipment has been growing tremendously with the increase in demand for new solutions and improvements. This market contains a large portfolio of applications and products to serve the various demands in the industry. With companies increasing the need to be efficient and productive, global Ancillary Air Traffic Control Equipment Market has the potential to grow even further with a healthy outflow of money towards R&D. In addition, the increased demand for sustainability and regulatory measures are also altering the change in focus for the firms, encouraging them to develop green solutions. However, perhaps the most exciting development has been the emergence of a large number of new market participants, as well as existing ones who have an established presence in the industry. The market seems to have plenty of opportunities that stoke the growth and trends well enough to cater to the demand. 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Our primary cause is to enhance our clients through the delivery of a wide range of analytical research modalities that assist with strategic decision making as well as enhancing sustainable development to those clients. Since our establishment, we have experienced analysts and subject matter experts (SMEs) whose responsibilities include analyzing the market trends and competitive forces. In any and all research endeavors, when clients' needs come first, we strive to employ best practices in the industry while constantly being innovative and bold. We work with sectors such as health care, technology, finance, manufacturing and energy and customise our reports per sector. All in all, the aim of Verified Industry Insights is to aid organizations fuse through complex networks or landscapes Get in Touch with Us Mr. Edwyne Fernandes Verified Industry Insights Tel: +1 743 222 5439 This release was published on openPR.Malaysia gears up for ASEAN 2025 Chairmanship with new logo, key priorities

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Moment of silence for former President Jimmy Carter held before the Falcons-Commanders game

Jimmy Carter, the 39th US president, has died at 100

WASHINGTON (AP) — After several weeks working mostly behind closed doors, Vice President-elect JD Vance returned to Capitol Hill this week in a new, more visible role: Helping Donald Trump try to get his most contentious Cabinet picks to confirmation in the Senate, where Vance has served for the last two years. Vance arrived at the Capitol on Wednesday with former Rep. Matt Gaetz and spent the morning sitting in on meetings between Trump’s choice for attorney general and key Republicans, including members of the Senate Judiciary Committee. The effort was for naught: Gaetz announced a day later that he was withdrawing his name amid scrutiny over sex trafficking allegations and the reality that he was unlikely to be confirmed. Thursday morning Vance was back, this time accompanying Pete Hegseth, the “Fox & Friends Weekend” host whom Trump has tapped to be the next secretary of defense. Hegseth also has faced allegations of sexual assault that he denies. Vance is expected to accompany other nominees for meetings in coming weeks as he tries to leverage the two years he has spent in the Senate to help push through Trump's picks. The role of introducing nominees around Capitol Hill is an unusual one for a vice president-elect. Usually the job goes to a former senator who has close relationships on the Hill, or a more junior aide. But this time the role fits Vance, said Marc Short, who served as Trump’s first director of legislative affairs as well as chief of staff to Trump’s first vice president, Mike Pence, who spent more than a decade in Congress and led the former president’s transition ahead of his first term. ”JD probably has a lot of current allies in the Senate and so it makes sense to have him utilized in that capacity,” Short said. Unlike the first Trump transition, which played out before cameras at Trump Tower in New York and at the president-elect's golf club in Bedminster, New Jersey, this one has largely happened behind closed doors in Palm Beach, Florida. There, a small group of officials and aides meet daily at Trump's Mar-a-Lago resort to run through possible contenders and interview job candidates. The group includes Elon Musk, the billionaire who has spent so much time at the club that Trump has joked he can’t get rid of him. Vance has been a constant presence, even as he’s kept a lower profile. The Ohio senator has spent much of the last two weeks in Palm Beach, according to people familiar with his plans, playing an active role in the transition, on which he serves as honorary chair. Vance has been staying at a cottage on the property of the gilded club, where rooms are adorned with cherubs, oriental rugs and intricate golden inlays. It's a world away from the famously hardscrabble upbringing that Vance documented in the memoir that made him famous, “Hillbilly Elegy.” His young children have also joined him at Mar-a-Lago, at times. Vance was photographed in shorts and a polo shirt playing with his kids on the seawall of the property with a large palm frond, a U.S. Secret Service robotic security dog in the distance. On the rare days when he is not in Palm Beach, Vance has been joining the sessions remotely via Zoom. Though he has taken a break from TV interviews after months of constant appearances, Vance has been active in the meetings, which began immediately after the election and include interviews and as well as presentations on candidates’ pluses and minuses. Among those interviewed: Contenders to replace FBI Director Christopher Wray , as Vance wrote in a since-deleted social media post. Defending himself from criticism that he’d missed a Senate vote in which one of President Joe Biden’s judicial nominees was confirmed, Vance wrote that he was meeting at the time "with President Trump to interview multiple positions for our government, including for FBI Director.” “I tend to think it’s more important to get an FBI director who will dismantle the deep state than it is for Republicans to lose a vote 49-46 rather than 49-45,” Vance added on X. “But that’s just me.” While Vance did not come in to the transition with a list of people he wanted to see in specific roles, he and his friend, Trump’s eldest son, Donald Trump Jr., who is also a member of the transition team, were eager to see former Democratic Rep. Tulsi Gabbard and Robert F. Kennedy Jr. find roles in the administration. Trump ended up selecting Gabbard as the next director of national intelligence , a powerful position that sits atop the nation’s spy agencies and acts as the president’s top intelligence adviser. And he chose Kennedy to lead the Department of Health and Human Services , a massive agency that oversees everything from drug and food safety to Medicare and Medicaid. Vance was also a big booster of Tom Homan, the former acting director of Immigration and Customs Enforcement, who will serve as Trump's “border czar.” In another sign of Vance's influence, James Braid, a top aide to the senator, is expected to serve as Trump’s legislative affairs director. Allies say it’s too early to discuss what portfolio Vance might take on in the White House. While he gravitates to issues like trade, immigration and tech policy, Vance sees his role as doing whatever Trump needs. Vance was spotted days after the election giving his son’s Boy Scout troop a tour of the Capitol and was there the day of leadership elections. He returned in earnest this week, first with Gaetz — arguably Trump’s most divisive pick — and then Hegseth, who has was been accused of sexually assaulting a woman in 2017, according to an investigative report made public this week. Hegseth told police at the time that the encounter had been consensual and denied any wrongdoing. Vance hosted Hegseth in his Senate office as GOP senators, including those who sit on the Senate Armed Services Committee, filtered in to meet with the nominee for defense secretary. While a president’s nominees usually visit individual senators’ offices, meeting them on their own turf, the freshman senator — who is accompanied everywhere by a large Secret Service detail that makes moving around more unwieldy — instead brought Gaetz to a room in the Capitol on Wednesday and Hegseth to his office on Thursday. Senators came to them. Vance made it to votes Wednesday and Thursday, but missed others on Thursday afternoon. Vance is expected to continue to leverage his relationships in the Senate after Trump takes office. But many Republicans there have longer relationships with Trump himself. Sen. Kevin Cramer, a North Dakota Republican, said that Trump was often the first person to call him back when he was trying to reach high-level White House officials during Trump's first term. “He has the most active Rolodex of just about anybody I’ve ever known,” Cramer said, adding that Vance would make a good addition. “They’ll divide names up by who has the most persuasion here,” Cramer said, but added, “Whoever his liaison is will not work as hard at it as he will.” Cramer was complimentary of the Ohio senator, saying he was “pleasant” and ” interesting” to be around. ′′He doesn’t have the long relationships," he said. "But we all like people that have done what we’ve done. I mean, that’s sort of a natural kinship, just probably not as personally tied.” Under the Constitution, Vance will also have a role presiding over the Senate and breaking tie votes. But he's not likely to be needed for that as often as was Kamala Harris, who broke a record number of ties for Democrats as vice president, since Republicans will have a bigger cushion in the chamber next year. Colvin reported from New York. Associated Press writer Mary Clare Jalonick contributed to this report.Johnson Controls prices senior notes offering

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Unique among ‘Person of the Year’ designees, Donald Trump gets a fact-check from Time magazineAuthored by Autumn Spredemann via The Epoch Times, Reduced inflation and wage increases haven’t stemmed the economic struggles of middle-class Americans. In fact, some middle-income earners say it’s harder than ever to put money away in savings. Many ascribe this to stagnant wages and higher prices for things like gas, groceries, and utilities that began in 2021 and persist to this day. The United States hit a 41-year inflation high in 2022, which is when residents saw historic price hikes. In 2022, the consumer price index soared by more than 9 percent, according to the Bureau of Labor Statistics. “Our research shows mathematically that the overwhelming driver of that burst of inflation in 2022 was federal spending, not the supply chain,” Mark Kritzman, a senior lecturer at the Massachusetts Institute of Technology’s Sloan School of Management, wrote in an article . Two years later, inflation has fallen to 2.6 percent, but Americans aren’t seeing price adjustments in areas like grocery stores, housing costs, utility bills, and insurance. Mary Lopez, a marketing manager and middle-income earner at Trusted Wedding Gown Preservation, a New Jersey-based business, said wage stagnation and a higher cost of living across the board has made it hard to save money and maintain a middle-class lifestyle. “In terms of significant changes, my household, like many others, has felt the impact in areas like health care and housing,” Lopez told The Epoch Times via email. “For instance, the rate of health insurance has spiraled upward and we’ve faced hikes in rent consistently. Many of my peers cite similar experiences, struggling to save amid these increasing costs.” The median home price in September 2024 was just over $400,000. This represents the highest September median the National Association of Realtors has ever recorded and is $20,000 shy of the all time high, according to a Bankrate analysis . The rental markets haven’t fared any better, with asking prices more than 33 percent higher than before the pandemic. The average premium for single coverage health care increased by 6 percent this year and family premiums rose 7 percent. “Middle class” as defined by the Pew Research Center is households with two-thirds to double the U.S. median household income. In 2023, the median household income was $80,610, according to the U.S. Census Bureau. A White House press release stated that real wages—the amount received with inflation taken into account—grew more than 4 percent between 2022 and 2024. But even with a rise in purchasing power, many U.S. residents aren’t seeing the difference when paying their bills. People shop at a grocery store in Columbia, Md., on Oct. 24, 2024. Madalina Vasiliu/The Epoch Times David Kindness, CPA and finance writer at Best Money, said wage growth hasn’t kept pace with rising costs. “Even with inflation cooling in certain areas, essential goods and services remain stubbornly expensive, eating up larger chunks of household budgets,” he told The Epoch Times via email. “Rising grocery bills have made weekly shopping trips a source of financial stress. Many families, including my own, have had to rework their budgets to accommodate these increases, cutting back in other areas to stay afloat,” he said. Ali Zane, a financial planner and founder of Imax Credit Repair, said that one of the most overlooked drivers of “paycheck-to-paycheck” living is the disconnect between wage growth and the actual cost of living. “While inflation is blamed, stagnant wages over the past two decades are the root issue. Salaries may inch upward, but housing prices, which rose 30 to 40 percent in many regions since 2020, have far outpaced them. Add in the relentless climb of healthcare premiums and childcare expenses, and it’s no wonder families feel financially strapped,” Zane told The Epoch Times in a text. Evidence supports the claim that real wage growth hasn’t outpaced inflation. Since January 2021, prices have risen 20 percent, while U.S. wages increased 17.4 percent during the same period, according to Bankrate’s second-annual Wage To Inflation Index. But this isn’t a new problem. Real wage growth began to slow in the 1970s compared to overall economic performance in the United States, according to researchers at the Kellogg School of Management at Northwestern University. Historically, real wage stagnation has been attributed to globalization and automation. Kellogg finance professor Efraim Benmelech disagrees. “None of these explanations goes back long enough in time,” he said. Wage growth has been slowing since the early 1970s,” he said in a 2019 economic analysis. With colleagues at the National Bureau of Economic Research, Benmelech points to what is known as “labor market concentration” as a hidden culprit. This is when having too few employers in a given industry creates a sort of unofficial salary price fixing. A credit card decal is displayed on the window of a business in San Rafael, Calif., on Feb. 7, 2024. Credit card debt in U.S. households increased by $24 billion in the third quarter of this year, according to the Federal Reserve Bank of New York. Justin Sullivan/Getty Images “There has been a discussion in recent years about what happened to middle-class Americans,” Benmelech said . “We don’t say that we have the only explanation, but we have an explanation that is consistent and can explain the long-term phenomenon of stagnant wages.” America’s struggle to save money is also evident in the country’s mountain of credit card debt. In the third quarter of this year, the Federal Reserve Bank of New York reported that credit card balances in U.S. households increased by $24 billion. Total household debt also increased in the third quarter, hitting $17.94 trillion. “Many of my friends and clients have shared that they’re finding it harder to save, even those who had strong habits before,” Kindness said. “Unexpected expenses, like medical bills or car repairs, quickly eat into any money set aside for emergencies. With monthly costs already stretching their paychecks thin, putting away money for the future often feels out of reach.” Kindness said he’s noticed that savings goals among his middle-class peers have shifted away from long term dreams such as buying a home or early retirement to simply having an emergency fund. “It’s not just that middle-income families aren’t saving. They’re actively going into debt to stay afloat. The rise in buy-now-pay-later options for groceries and essentials shows just how precarious cash flow has become,” Zane said. In October, Bank of America released a sobering study on American households living paycheck to paycheck. The results indicated the number of households barely making it between paychecks has increased across every income bracket since 2019, even those making more than $150,000 per year. Middle-income earners in the $51,000 to $75,000 range had the largest increase between 2019 and 2024, after households with less than $50,000, in which a quarter or more live paycheck to paycheck. Moving up the income spectrum showed similar results, with roughly a quarter of all households living in this manner. Almost half of all respondents perceive themselves as living paycheck to paycheck. The study noted that these households have much higher necessity spending, adding that most of the expenses are “likely unavoidable, as they relate to family and housing costs.” Zane said that groceries have become a “silent tax” on the middle class, but pointed at rising utility costs as another big factor. “Utility costs—often neglected in mainstream discussions—have become a household budget breaker. For families living in regions with harsh winters or sweltering summers, energy bills consume a more considerable monthly income than ever,” he said. This is the case for Maria and Andrew in the Twin Cities area of Minnesota, who asked that The Epoch Times not use their real names. The couple said utilities are a major expense for their middle-class household, regardless of the season. “We don’t turn on the heat until we have consecutive days below 40 [Fahrenheit]. Same deal in summer, the air conditioning doesn’t go on until it’s into the 90s,” Maria said. A window air conditioner unit on the side of an apartment building in Arlington, Va., on July 10, 2023. Energy bills consume a large portion of household monthly income, according to Zane. Saul Loeb/AFP via Getty Images She said that her kids complain about the house “always being cold” in the winter because even when she turns on the heat, the thermostat stays at a brisk 66 degrees Fahrenheit. “Even doing that, our bill is over $500 in the winter. It’s not quite as bad in summer since we try not to run the air much, but you have to have heat in the winter here. We get months of consistently below zero temperatures. Heat is not a luxury,” Maria said. Maria and Andrew say they are excited when an electric bill is less than $200. Over the past three years, Maria said she’s watched utility bills go up, a common complaint among locals in her area. Andrew said, “We hear things from officials like, ‘we need to upgrade this infrastructure’ from officials and then get a nightmare bill down the road.” Sky high energy bills have undoubtedly created an additional debt burden for U.S. residents. Between December 2023 and August 2024, Americans’ utility debt rose 8 percent and topped out at almost $17.4 billion, according to the National Energy Assistance Directors Association. In general, Americans have shouldered the burden of higher utility bills for the past couple of years with no end in sight. When asked which expense reduction would make the most difference in their home, Andrew and Maria quickly said their weekly grocery bill. “Since the pandemic, we’ve bought the same items in the same quantity and the same brands and watched our bill increase by 50 percent,” Maria said. Andrew added, “Forget about eating out. That’s just for special occasions now.” Many middle-class income earners have also cut back on what are now considered luxuries. Kindness said, “My household scaled back on dining out and paused a couple of streaming subscriptions. These might seem like small adjustments, but they’re reflective of a larger pattern: people are prioritizing necessities and cutting what they view as luxuries.” Lopez and her family have also restructured their financial priorities by trimming unnecessary spending. “In the past year, we’ve consciously scaled back on non-essential expenses such as dining out, subscription services, and vacations to manage our finances. It’s sobering to note, but these once regular ‘luxuries’ are becoming increasingly occasional events,” she said. People at Tatte Bakery & Cafe in Washington on Oct. 3, 2024. Reducing the frequency of dining out can help cut back on non-essential expenses to save money. Madalina Vasiliu/The Epoch Times “This shift isn’t unique to my family; it’s an adjustment many middle-income earners are reluctantly making due to escalating costs and financial uncertainty.” Zane said middle-class households aren’t just cancelling Netflix or skipping restaurant splurges. They’re making more profound sacrifices in order to save money or, in some cases, just to survive. “Parents are delaying children’s extracurricular activities, skipping preventive health care, and cutting back on professional development to avoid additional expenses. These choices aren’t sustainable and reflect a troubling downward spiral in financial stability,” he said. Zane’s point is highlighted by a recent Forbes Advisor survey , which revealed that one in every four Americans has less than $1,000 in emergency savings. By respondent age group, this is the case for 32 percent of Generation Z, followed by 31 percent of Millennials, 27 percent of Generation X, and 20 percent of Baby Boomers. 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Jimmy Carter’s path from peanut farm to presidency defined by diplomacy and retirement dedicated to global changeFormer President Jimmy Carter was remembered for his leadership and commitment to public service following his death. Carter died on Sunday at his home in Plains, Georgia, at the age of 100. RELATED STORY | Former President Jimmy Carter dies at age 100 Jimmy Carter Tributes Bill and Hillary Clinton: Hillary and I mourn the passing of Jimmy Carter and give thanks for his long, good life. Guided by his faith, President Carter lived to serve others—until the very end. Statement from President Clinton and Secretary Clinton on the Passing of President Jimmy Carter pic.twitter.com/1Ejol6yjav — Angel Ureña (@angelurena) December 29, 2024 Senate Majority Leader Chuck Schumer: President Carter's faith in the American people and his belief in the power of kindness and humility leave a strong legacy. He taught us that the strength of a leader lies not in rhetoric but in action, not in personal gain but in service to others. Senate Minority Leader Mitch McConnell: President Carter served during times of tension and uncertainty, both at home and abroad. But his calm spirit and deep faith seemed unshakeable. Jimmy Carter served as our commander-in-chief for four years, but he served as the beloved, unassuming Sunday school teacher at Maranatha Baptist Church in Plains, Georgia for forty. And his humble devotion leaves us little doubt which of those two important roles he prized the most. U.S. Sen. Jon Osoff (D-GA): Among his lifetime of service and countless accomplishments, President Carter will be remembered for his commitment to democracy and human rights, his enduring faith, his philanthropic leadership, and his deep love of family U.S. Sen. Rafael Warnock (D-GA): President Carter was one of my heroes. His leadership was driven by love, his life’s project grounded in compassion and a commitment to human dignity. For those of us who have the privilege of representing our communities in elected office, Jimmy Carter is a shining example of what it means to make your faith come alive through the noble work of public service. U.S. Sen. John Thun (R-SD): President Carter dedicated his life to serving the people of Georgia and our great country – as a naval officer, a governor, and as the 39th President of the United States. From peanut farming to the presidency and every step in between, his wife Rosalynn was by his side.

No. 25 Illinois rebounds in big way, blasts UMES 87-40By Lauren Hepler | CalMatters Kim Tanner didn’t expect to become a fraud detective when she filed for disability with the California Employment Development Department. But in mid-July, $3,161 vanished from her online account with the state’s new debit card contractor, Money Network, according to Tanner’s complaints to government regulators. Someone had gotten access to her online debit card account, added a new bank account and transferred out her money, all without any notifications, she wrote in the complaints. Tanner told Money Network told her it could take 90 days to investigate, and that she may or may not get a full refund, leaving her short on rent money. She turned to social media and saw similar horror stories on Reddit and Facebook. “My head exploded,” Tanner said. “This was happening to tons of people.” So she started filing complaints. First with Money Network, its parent company Fiserv and the EDD. Then with a state senator and a half-dozen financial regulators. “It just went on and on and on,” said Tanner, who got her money back via paper check about a month and a half later, after a federal agency intervened. “This needs to be investigated.” A CalMatters investigation a year ago exposed how the EDD’s unemployment system crashed during the pandemic, the result of historic job losses, years of missed warning signs and poor contractor performance. As a result, the system at first failed to stop widespread fraud, then cut off access to millions of real people who used it as a crucial lifeline. Now, even with a new payment contractor in place, concerns about fraud linger for people who rely on unemployment and disability programs run by the EDD. Multiple lawsuits and 74 federal consumer complaints about government debit cards have been filed by Californians against Money Network this year alone. The EDD and the company say the debit card fraud is smaller scale than the varied forms of fraud during the pandemic. On top of the fraud complaints, a report released Monday by the Legislative Analyst’s Office warns that lawmakers are failing to address a bigger unemployment problem: a “broken” financial model, one that threatens the whole system. California’s unemployment fund is still $20 billion in debt to the federal government after the state took out loans to cover pandemic benefits, costing taxpayers $1 billion in annual interest — more than the state spends on child welfare. Now, after years of ignoring calls to modernize the state’s 1980s-era unemployment tax code, the system is on track to lose $2 billion a year as it fails to bring in enough revenue to cover unemployment expenses, according to the report. The Legislative Analyst’s Office, which provides fiscal and policy advice to state lawmakers, says the state needs to bring unemployment taxes in line with other states to cover the deficit. “This is entirely avoidable,” said LAO policy analyst Chas Alamo. A person with blonde hair and wearing a black and white flower pattern blouse stands in the living room of their home while looking towards their left. A computer screen showing a subreddit with various posts by users asking questions or sharing their experiences with money fraud and identity theft. A person with blond hair can be seen in the foreground looking towards the screen. The recommendations could force a reckoning for lawmakers caught between business and labor advocates. Business groups have fought tax increases, favoring California’s current lowest-in-the-nation unemployment tax base. Labor groups argue that taxes must go up to stabilize the system. Then, they say, lawmakers should evaluate measures to expand which workers are eligible for unemployment or raise California’s $450-a-week maximum payment, which is also lower than many other states . What happens next will be one test of how legislative leaders respond to voters’ rebuke of Democratic leadership nationwide, with the Legislature’s Democratic leadership pledging to do more to make California a less expensive place to live. Meanwhile, the EDD has already secured funding for an unprecedented five-year, $1.2 billion effort called EDDNext to finally modernize the call centers, software and websites that power the state’s job safety net — a more ambitious version of past modernization efforts that crumbled during the pandemic. Whether or not history will repeat itself is complicated by unanswered questions about what went wrong at the EDD during the pandemic and how the state scrambled to recover. Former California labor chief Julie Su went on to become acting U.S. labor secretary and one of the longest-unconfirmed presidential nominees in history, thanks in part to criticism over unemployment fraud. Gov. Gavin Newsom’s administration has denied CalMatters’ repeated requests for internal records from this period, citing an exemption that allows the governor to keep his communications secret if he chooses. During the pandemic, a wide range of fraud schemes hit the unemployment system at once. Global hackers used large-scale identity theft. Low-level social media scammers and prison inmates adopted fake names to file for benefits under emergency federal programs that waived normal identity checks. Debit card scammers cloned insecure EDD cards then run by Bank of America and drained the accounts. Millions of real California workers got caught up in the mess, state audits found. Some saw their EDD accounts flagged as suspicious due to clerical errors, communication failures or faulty fraud software. Laid-off workers saw EDD debit cards overdrawn by thousands of dollars or cut off as the bank and the state scrambled to rein in fraud. California and other states were partially let off the hook when the federal government agreed to absorb the bulk of the billions lost to fraud in emergency programs. After Bank of America pulled out of the unemployment business last year, the EDD tried to turn the page on debit card fraud by hiring Georgia finance tech company Money Network to take over. The scope and details of the current fraud that workers allege isn’t clear. State auditors and financial regulators haven’t analyzed it; lawsuits and regulatory complaints only show that money disappeared from workers’ accounts, not how it was taken. The Consumer Financial Protection Bureau, which previously fined Bank of America $100 million over what it called “botched” pandemic unemployment payments, declined to answer questions about new complaints. The bureau’s public records show that Californians have filed 149 complaints against Money Network since 2022, when the company first started running a different state debit card program, with 101 complaints mentioning government cards. Money Network said in a statement that “only a small percentage of EDD recipients have reported suspected fraud,” and that anyone concerned should “call the number listed on the back of their card.” The EDD and Money Network also now allow direct deposit, giving people the option of skipping debit cards altogether. Since direct deposit launched in June, about 15% of new applicants have opted for debit cards, the EDD said in a statement. The agency could not immediately say how many of its hundreds of thousands of existing customers still use debit cards. “Anyone who suspects they are a victim of fraud should take steps to protect themselves and file a fraud report ,” the EDD said in a statement. A close-up view of a flyer for identity theft resources and information that sits on top on other various documentation on a desk. Lea Bitton was still reeling from a high-risk pregnancy when it happened to her. One evening in June, the Orange County resident logged into her Money Network disability account and realized that $4,000 was missing. She relied on the EDD money to cover her family’s costs during parental leave. Someone Bitton didn’t know had hacked into her account, according to a lawsuit she filed against Money Network. Similar to Tanner’s case in Carlsbad, a new electronic transfer was set up for someone with a different name and bank account, and Bitton was never asked to authorize the change before the money disappeared. Matthew Loker, Bitton’s attorney, said the fraud appears similar to some EDD debit card fraud cases that he handled during the pandemic. “It’s deja vu a little bit,” Loker said. “It’s a difficult problem, but it shouldn’t be the consumers who are left holding the bag.” If fraud occurs once unemployment or disability money has already been transferred from the EDD to Money Network, the state’s contract says that Money Network is responsible for investigating and reimbursing clients if necessary. But some people with EDD Money Network debit cards say that it isn’t always easy to figure out how to start that process. In Los Angeles, Greg Zekowski filed for unemployment while in between film projects. He hadn’t even used his EDD Money Network debit card yet, he said, when he logged into the online account and saw several unfamiliar charges to Uber and other retailers. He called Money Network. “Their response was, ‘The problem is EDD,’” Zekowski said. So he called the EDD: “Their response was, ‘It’s all them.’” The EDD and its contractors aren’t alone. The state’s food assistance and college financial aid programs are also among the many financial systems facing mounting fraud risks. One broader challenge is how few financial institutions bid on government benefit projects. The lack of options puts more pressure on agencies working to secure debit cards and other payments, according to a 2023 report by the Consumer Financial Protection Bureau . “Providers may face minimal competitive pressure from program innovation, new entrants, or customer choice,” the report authors wrote, “which may exacerbate or cause the issues with fees and customer service that benefits recipients face.” While the EDD and the people who rely on it play whack-a-mole with fraud, California has big decisions to make about the future of the state’s job safety net. If the state continues to do nothing, the LAO projected this week, it will have no unemployment reserves and become even more reliant on loans from the federal government to weather future recessions, likely costing taxpayers billions more in interest. Or the state can bite the bullet, as many others have, and change the way it pays for unemployment. First, the LAO recommends that businesses pay a flat 1.9% unemployment tax while digging out of debt. California companies also currently only pay unemployment taxes on the first $7,000 a worker earns each year. Instead, the LAO recommends taxing employers on workers’ first $46,800 in earnings — higher than some neighbors like Nevada, but lower than Washington, Idaho and Oregon. “We understand that the scope of the recommendations that we’re putting forward in this report are significant,” said LAO analyst Ann Hollingshead. “This is just an honest reflection of the severity of the underlying problems in the system.” State legislatures last revamped unemployment taxes in 1984. And businesses are already voicing opposition to temporary tax hikes to pay down California’s deep federal debt. One bill to recalibrate how the system is paid for — raising unemployment taxes to eventually increase weekly benefits — died in committee this year. Robert Moutrie, a policy advocate for the California Chamber of Commerce, said that the business group is still reviewing the details of the LAO proposal. In the past, the Chamber has favored tightening unemployment eligibility to reduce benefit payments, labeling any form of tax increases and proposals to expand the unemployment system “ job killers .” Daniela Urban, executive director of the Sacramento Center for Workers’ Rights, said there is broad agreement on how unstable the current situation is but disagreement on where to go from here. She and other labor advocates say that unemployment is one area where California businesses have long underpaid compared to other states, and that the system has not kept up with non-traditional jobs and increasing costs of living. “We’re in a huge hole, and that’s not financially acceptable,” Urban said. “But how and when to make those changes I think is what the contention is.” In addition to the funding hole, the pandemic revealed other problems at EDD. Tech systems buckled : jammed call centers, spotty online accounts and a patchwork behind-the-scenes process for tracking unemployment claims. The agency is currently overhauling these systems with EDDNext. Last year, the agency hired Salesforce to remake the MyEDD online system that workers use to manage their accounts. It brought in Amazon Web Services to update and integrate EDD phone systems that left as many as 40 million calls a month unanswered during the pandemic. Early next year, the state will award a contract for the biggest chunk of the project — a new central system for EDD personnel to manage claims, which comes with more than 600 pages of specifications. “We are making tremendous investments in modernizing EDD and the work is going well,” the agency said in a statement.

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