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
Boeing Delays Could Put a Squeeze on Travel Budgets
Due to Boeing's manufacturing issues, passengers may have to pay more for air travel and have fewer flight options.
Mar 20, 2024 04:52 AM EDT
New OTC Birth Control Option May Ease Access and Affordability
Online sales of the first OTC birth control pill authorized in the U.S. began on Monday. The product is now being rolled out, which will soon be offered at Walgreens and CVS, two of the biggest shops.
Mar 20, 2024 01:07 AM EDT
Rate Cuts Delayed: How it Impacts Your Financial Decisions
Many Americans are looking forward to the Federal Reserve's first reduction in its benchmark interest rate of the year: potential homebuyers hope for cheaper mortgage rates. Higher stock prices are anticipated by Wall Street dealers.
Mar 19, 2024 08:21 AM EDT
Magic Fades: Unraveling the Death of Disney
Disney, the name that once conjured images of enchanting fairy tales and memorable family entertainment, has hit a rough patch. As someone who grew up on classics like "The Lion King" and "Aladdin," it's been a disheartening journey to witness.
Mar 18, 2024 04:21 PM EDT
Stitching Together the Future: Joann Fabrics Files for Chapter 11
The crafting world was hit with a major blow today. Joann, the beloved fabric and crafts retailer, has filed for Chapter 11 bankruptcy. Like the unraveling of a well-worn quilt, this announcement marks the latest in a series of specialty retailers struggling to stay afloat in an increasingly digital marketplace.
Mar 18, 2024 03:54 PM EDT
'You Will Own Nothing And Be Happy.' 8 New Predictions from WEF
Nearly a decade ago, the WEF made a video '8 Predictions for the World in 2030,' the World Economic Forum where they cover a range of topics from the environment to technology.
Mar 18, 2024 03:28 PM EDT
Should You Invest in Europe Now? Top Rankings Signal Opportunity
According to the Global Opportunity Index (GOI) research by the Milken Institute, four of the top five locations for investors are in Europe.
Mar 18, 2024 06:03 AM EDT
March Madness and Money: Tips for Enjoying the Games Without Gambling Away Your Savings
Since the last March Madness tournament, more states have permitted legal sports betting for the sixth year in a row
Mar 18, 2024 01:12 AM EDT
Is Your Car a Snitch? Your Auto Insurance Premiums Might Beg to Differ.
Not since GM's Oldsmobile Cutlass was the best-selling car in America has it cost so much to insure a vehicle in the United States. With an MSRP starting at $4,290, buying a Cutlass outright 47 years ago would cost nearly as much as some Americans pay for their annual car insurance premiums today.
Mar 18, 2024 03:40 PM EDT
Dollar Stores Face Challenges as Inflation Strains Budgets
Since their inception in the 1950s, dollar shops have proliferated all throughout the United States, appearing in both rural and urban areas.
Mar 16, 2024 09:13 AM EDT
Biden's 2025 Budget: What Changes Could Impact Medicare, Family Leave, and Medicaid Home Care?
Major initiatives focused at assisting older persons are included in President Biden's 2025 budget plan, which will also serve as his platform for the presidential election.
Mar 15, 2024 12:10 PM EDT
Overpaid Social Security? New Boss Vows to Help You Keep More of Your Money
The new head of the Social Security Administration has pledged to restructure the agency's process for recovering billions of dollars that it believes were incorrectly disbursed to recipients, stating that the current method "just doesn't seem right or fair."
Mar 15, 2024 03:50 AM EDT