Social Security 2025: Cost-of-Living-Adjustment Increased to 3.2%, But Will It Keep Up?
After the government announced that April inflation was in line with experts' predictions, the most recent estimate of Social Security's cost-of-living adjustment 2025 increased to 3.2%, according to new figures released on Wednesday.
May 16, 2024 01:17 PM EDT
Hong Kong's Status as an International Financial Center at Crossroads
Hong Kong lost its status as a global financial hub amidst shifting rankings and regulatory hurdles. Read the implications of China's tightening grip and cross-border capital flow uncertainties.
Real Estate Not Stocks Give the Greatest Long-Term Investment, Survey Shows
According to a recent Gallup poll, even though the majority of Americans have money stashed away in the stock market, they don't think it makes the greatest long-term investment. What then is it?
Hong Kong's Financial Status Plummets EUI from Fourth to Ninth Place Amidst Global Rankings and China's Grip
Hong Kong's business ecosystem has caused the EIU to downgrade it to ninth place and the Global Financial Centers Index to rank it fourth.
Latest News
Generation Alpha: Charting a Bright Future Amidst Skepticism
With the oldest members barely in their early teens and the youngest yet to make their debut, there's a growing chorus of concern about their future. Critics and commentators, from the depths of YouTube to the scrolls of TikTok, have been quick to label them as "feral," "illiterate," or even "doomed." But is it all doom and gloom for Generation Alpha, or is there a silver lining that we're missing?
Apr 02, 2024 02:21 PM EDT
Cash-Strapped Globetrotters Beware: The Hidden Costs Driving Up Luxury Travel
Most of the travel sector is back on course. However, the high costs associated with the luxury market, which increased during the Covid epidemic, aren't going down. In actuality, they are rising each month.
Apr 02, 2024 10:42 AM EDT
How to Spot Real Deals During the Solar Eclipse
Although the next complete solar eclipse will only last for a little over five minutes, fast-food restaurants and other businesses are using the occasion to launch days of promotions. These include discounts, free snacks, and solar eclipse glasses that are limited to one hundred pieces.
Apr 02, 2024 08:56 AM EDT
Save Money, Save Time: Essential Tax Updates for Small Businesses
There are several considerations small company owners should make for their tax file this year as Tax Day draws near.
Apr 02, 2024 08:09 AM EDT
California Fast Food Boom Boosts Wages to $20, Will Your Industry Follow Suit?
The minimum wage in the restaurant business in the United States will reach $20 per hour for the majority of workers in California starting on Monday. However, the pay increase is igniting a heated discussion, with labor groups praising the advantages of higher salaries while some restaurant owners fear job losses and increased client pricing.
Apr 01, 2024 08:15 AM EDT
The Red Glare of the Baltimore Bridge Collapse Conspiracy Theorists
The collapse of the Baltimore bridge bearing Francis Scott Key's name following a collision with a 948-foot-long cargo ship on Tuesday killed six construction workers and snarled port traffic into the East Coast. Almost immediately, conspiracy theories surrounding the events that led to the tragedy ran rampant.
Apr 02, 2024 03:03 PM EDT
Tesla's Stock Plummets as Wall Street Bites Nails Over Upcoming Delivery Numbers
As Tesla gears up to unveil its first-quarter delivery numbers, Wall Street's mood swings between apprehension and the kind of nail-biting usually reserved for horror movie finales. With shares taking a nosedive by 29% in the first quarter-the stock's gloomiest performance since the twilight days of 2022-it's clear that Tesla is navigating through some choppy waters.
Mar 29, 2024 04:21 PM EDT
Cooa Chaos: Chocolate Prices Skyrocket as Supply Crunch Bites
Just when you thought it was safe to indulge in your chocolate cravings without breaking the bank, cocoa prices have decided to take us all on a wild ride. In a move that could rival the most dramatic reality TV plot twists, cocoa futures for May delivery hit an eye-watering high of $10,080 per metric ton this Tuesday.
Mar 26, 2024 03:23 PM EDT
DJT Debut: Trump Media's Stock Skyrockets, Here's the Scoop
In a twist that feels like something out of a Oliver Stone Wall St. movie, Trump Media & Technology Group made a splash in the stock market, turning heads and opening wallets. Shares of Donald Trump's media company surge more than 50% after its debut on Nasdaq under the ticker symbol DJT. It's the kind of plot twist that gets even the most seasoned traders spilling their coffee.
Mar 26, 2024 02:35 PM EDT
A Modern Neo-Feudal State, The Tech Lords Ushering in a Return to the Medieval
If ever such tech lords decide that their will should supplant that of the majority's, or that through their influence they might alter the course of history by sustaining one country's war of aggression on another or by manipulating the political landscape, democracy will be the casualty - in America and throughout the world.
Mar 26, 2024 03:28 PM EDT
Nissan's Bold Move: Tackling Market Chaos with 30 New Models & Slashing EV Costs
In a world where the only constant is change (and the occasional need for caffeine), Nissan is stepping up to the plate with a plan that's as ambitious as my cousin Joe's attempt to make Thanksgiving dinner without burning down the house.
Mar 25, 2024 02:31 PM EDT
Home Buying Revolution: Navigating New Market Rules
The real estate market is undergoing its most significant shakeup in years, and it's about time you got the scoop. Remember the days when selling or buying a house felt like handing over a hefty 6% of your hard-earned cash to real estate agents? Well, those days are fading faster than my last attempt at a home garden during a heatwave.
Mar 25, 2024 02:21 PM EDT