Social Security claims are soaring in 2025-and not just because more Americans are reaching retirement age. So far this year, filings for retirement benefits are up 13% compared to the same period last year.
The Social Security Administration (SSA) projects nearly 4 million online claims for fiscal year 2025,
» Read more about: Why retirees are claiming Social Security benefits this year: Should you too? »
The Dow Jones index could have fared better in May if not for these two stocks.
The Dow Jones Industrial Average (^DJI -1.79%) index edged 3.9% higher in May, with 70% of its 30 constituent stocks ending the month in positive territory.
Are you ready to put some of your idle cash to work but aren’t sure where? Maybe the market’s usual favorites aren’t so compelling right now.
» Read more about: 4 Reasons to Buy ASML Holding Stock Like There's No Tomorrow »
Published 6:36 am Saturday, June 14, 2025
Retirement in the 21st century is evolving faster than ever. Gone are the days when retirees could count on a pension,
» Read more about: How to plan your retirement in a complex world »
The SPARK Institute is urging the Treasury and the IRS to include the following recommendations in the upcoming Priority Guidance Plan, as mentioned in the letter:
Beginning in 2027, the longstanding Saver’s Credit for lower-income individuals will be converted into the Saver’s Match. “While Saver’s Match contributions will not actually be paid to retirement plans and IRAs until 2028,
File Photo: Two Egyptian women shopping in a supermarket in Cairo, Egypt. REUTERS
In a statement, the ministry said the country’s supply situation remains “stable” and that key food and consumer goods are available in quantities adequate to meet national demand.
The announcement comes against the backdrop of heightened tensions between Israel and Iran,
As Gen-Z steps into the workforce and begins earning, managing money smartly becomes more important than ever. While savings accounts and digital wallets are familiar territory, it’s time to look beyond just storing money and focus on growing it. Mutual funds offer one of the most accessible and effective routes to long-term wealth creation,
» Read more about: Explained: What all Gen-Z should know about mutual funds »
Investing
Some of the best stocks to set and forget are dividend stocks. Not only can you benefit from their appreciation, but you can earn incredible yields.
With a yield of 4.3%,
» Read more about: If You Want $4,096.90 in Passive Income, Invest $25,000 in Each of these Stocks »
Cathie Wood sees the mood shifting fast. As talk of Trump-era deregulation heats up, U.S. corporations aren’t waiting for Novemberthey’re already opening their wallets. Speaking at the Founders Forum Global conference in Oxford, Wood told Bloomberg’s Trumponomics podcast that companies like Meta are stepping up capital spending, citing its reported investment in AI firm Scale AI as just one early signal.
» Read more about: Cathie Wood Just Flipped the Switch–Why Tesla's AI Bet Is Back in Play »
Congresswoman Claudia Tenney has reintroduced the Social Security Protection Act, reaffirming her pledge to defend the program that millions of Americans depend on for retirement and financial security.
Tenney, who represents New York’s 24th District and serves on the House Ways and Means Committee, announced the legislation Friday, joined by several Republican cosponsors including Representatives Rob Wittman,
» Read more about: Tenney reintroduces bill to protect Social Security benefits »
