The 1 Social Security Change You Probably Missed This Year
It’s not a change that will impact everyone, but it could affect you.
It’s common for Social Security to go through changes year after year. For example, Social Security benefits are eligible for an automatic cost-of-living adjustment, or COLA, each year that’s pegged to inflation. This year, benefits got a 2.8% boost because of that provision.
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Read MoreUS consumer confidence plunges to 12-year low
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US consumer confidence has collapsed to its weakest level in more than a decade, outstripping its pandemic lows and fuelling concerns about the health of the world’s biggest economy.
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Read MoreRetirees could face a monthly cut of up to $460 in their Social Security benefits
Millions of retirees across the United States could soon face a significant reduction in their monthly Social Security payments, with projections warning of cuts reaching as high as $460 per month per recipient if Congress fails to intervene.
The potential reduction stems from the long-term funding imbalance in the Social Security Trust Fund,
Read MoreDow Jones Industrial Average misses out on tech gains as healthcare backslides
The Dow Jones Industrial Average (DJIA) took a header on Tuesday, peeling away from the tech-bolstered pack of major indexes and falling around 500 points, or one percent, on an otherwise quiet trading day. The Standard and Poor’s 500 major equity index gained around one-half of one percent, and the tech-heavy Nasdaq index climbed one full percentage point.
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Read MoreEU and India clinch trade pact amid US tariff war
What happened
The European Union and India Tuesday announced a free trade agreement that will slash tariffs on most goods over the next decade. The agreement will cover 2 billion people and “one-third of global trade,” Indian Prime Minister Narendra Modi said in New Delhi, standing alongside European Commission President Ursula von der Leyen and European Council President António Costa.
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Read MoreThe Burst
Is Meta Breaking Out?
Headlines swirled in recent days that Mark Zuckerberg was meeting with President-Elect Donald Trump at Mar-a-Lago.
Some speculated Zuckerberg was going to “bend the knee” while others thought he was looking for an active role in the new administration.
What we haven’t seen anyone discuss yet is whatever conversation did take place in that room appears to have been received well by markets because Meta now seems to be breaking higher.
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Read MoreThe Ivy
This $11 Trillion Giant Just Got Cheaper, Is It Time to Buy?
When you manage more than $11 trillion in assets, your decisions ripple across global markets. That’s the world BlackRock (NYSE: BLK) operates in, a behemoth in asset management with tentacles in everything from ETFs and private equity to real estate and cutting-edge fintech. But in today’s choppy market, is BlackRock still a stock worth owning?
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Read MoreThe Spotlight
Spotlight: 1 Stock To Get Hot and Bothered By
Sometimes a deal just falls in your lap and that might well be the case now with Match Group. The online dating giant houses many, perhaps even most, of the dating apps you have heard of, from Tinder to Hinge.
Sadly for shareholders, the stock has had a downright awful year, plunging 26% year-to-date after a poorly received earnings report a few days ago.
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