Social Security beneficiaries under full retirement age lose 50 cents in benefits for every dollar earned above $25,560 in 2027.
Withheld benefits aren’t forfeited; the Social Security Administration recalculates and raises your monthly checks once you reach full retirement age,
NEW YORK (CBS, KYMA) – The stock market tanked Thursday amid concerns that a shift in congressional political control following the U.S. midterm elections could slow the construction of data centers that power artificial intelligence (AI) services.
Stocks sank across the board, but technology companies with a hand in the AI sector were hit especially hard.
The Briefing:
» Read more about: Dow +1,569 Pts After Dems Sweep Congress: Best Post-Midterm Rally in 44 Years »
A steel mill injury put him on Social Security disability, and now a lighter-duty job offer is tempting him back to work. But returning to a paycheck starts a countdown that could cost him far more than the job pays.
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It’s been a rough few weeks for tech stocks, to put it mildly. On Nov. 5, the Nasdaq Composite closed about 12% below its record set on Oct. 6, officially putting the tech-heavy benchmark in correction territory for the third time this year.
The correction has had several causes. Some have been earnings-driven.
» Read more about: Nasdaq Stock Market Correction: History Says This Is What Happens Next »
Futures-options traders work on the floor at the New York Stock Exchange (NYSE) in New York City, US, Nov. 5, 2026.
Jeenah Moon | Reuters
Stock futures fell Thursday evening after a punishing sell-off in artificial intelligence stocks that sent the Nasdaq into correction territory.
Diwali is considered an auspicious time to start new investments, plan for long-term wealth creation and put your finances in order. Several investors start a Systematic Investment Plan (SIP) in small-cap, mid-cap, flexi-cap or large-cap mutual funds or invest in stocks during the special ‘Muhurat trading session.’
ARK Invest keeps adding to its AI and space bets, this time buying after a politically driven dip in SpaceX stock
Cathie Wood went shopping again. Her firm, ARK Invest, bought about $100 million worth of Nvidia and SpaceX shares in a single day.
The purchase lands on two of the most closely watched names in tech.
» Read more about: Cathie Wood buys about $100M in Nvidia and SpaceX shares »
Alphabet (GOOGL) lost about $482 billion in its worst day since the 2004 IPO after search revenue missed estimates and free cash flow turned negative.
Cathie Wood’s ARKK and ARKQ sold roughly $13 million of Alphabet on Nov. 4 without explanation,
TradeJARnal introduces an affordable online trading journal designed to help stock and options traders track decisions, …
