LAS VEGAS (KTNV) — If you receive Social Security, there’s some modest good news this year.
Monthly benefits are increasing by 2.8%, which works out to an average of about $56 more per month.
The boost is meant to help seniors keep up with rising costs, but with prices still squeezing household budgets,
» Read more about: Social Security benefits get a 2.8% boost — but does it keep up with inflation? »
Social Security benefits are not facing an immediate cut, but the program is moving closer to a serious funding crisis.
» Read more about: How 2026 Quietly Pushes Retirees Toward an $18,400 Loss in Benefits »
Online betting site Polymarket indicates heavy odds that the Supreme Court could strike down many of Trump’s tariffs.
“The Oracle of Omaha” never claimed to have any oracular powers. I’m referring, of course, to Warren Buffett. The legendary investor wrote in a 2008 New York Times op-ed, “I can’t predict the short-term movements of the stock market.
» Read more about: Prediction: The Stock Market Will Soar on Wednesday If This Happens »
» Read more about: How the Federal Reserve Manages Money Supply »
President Trump has been critical of cost overruns at the Federal Reserve’s headquarters renovation. But Fed chairman Jerome Powell says a Justice Department probe of the project is really aimed at influencing the central bank’s decisions on interest rates.
Chip Somodevilla/Getty Images North America
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Chip Somodevilla/Getty Images North America
Federal Reserve Chairman Jerome Powell has studiously tried to avoid adding gasoline to the fire as the Trump administration has waged a long-running pressure campaign to bend the central bank to the president’s will.
» Read more about: What to know about Trump's ugly feud with the Federal Reserve »
There are plenty of reasons to wait until you turn 70 to start claiming your full Social Security benefit.
» Read more about: 15 Signs You Could Wait Until You Turn 70 To Claim Social Security »
Warren Buffett’s contrarian strategy says investors should be cautious because bullish sentiment and stock market valuations are high by historical standards.
The S&P 500 (^GSPC +0.16%) has delivered double-digit returns in three straight years, something that has historically preceded lackluster returns in the fourth year.
President Trump’s tariffs have coincided with a weakening jobs market, and many experts think his trade policies will be a headwind to economic growth.
Warren Buffett admits he cannot predict short-term movements in the stock market, but his contrarian philosophy says investors should be fearful when others are greedy.
WASHINGTON ― Republican lawmakers are coming to the defense of Federal Reserve Chair Jerome Powell following the opening of an unprecedented criminal probe into Powell by President Donald Trump’s Department of Justice over the weekend.
Sen. Thom Tillis (R-N.C.) suggested the investigation into renovations at the Fed’s headquarters is politically motivated,
» Read more about: GOP Lawmakers Blast Trump's Probe Of Federal Reserve Chair Jerome Powell »
