Senate Democrats slam Social Security job cuts, attack Musk calling it 'Ponzi scheme'
Senate Democratic leaders stood in support of Social Security benefits on Monday in the wake of the Social Security Administration’s announcement it’s planning to cut 7,000 jobs as part of “significant workforce reductions.”
“Now we know that something we Senate Democrats have feared for a long time is coming true. Social Security is under attack and at risk,”
Read More3 Powerful Questions That Will Shape Your Retirement in the Next Two Decades
Retirement is one of the stages in life that draws anticipation and antipathy from different people. There are many who view it as a well earned respite from a lifetime of sticking to the grind of work.
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Read MoreWhat record levels of uncertainty mean for the stock market
Published: March 3, 2025 at 3:24 p.m. ET
Contrarians see a silver lining in the Global Economic Policy Uncertainty Index recently hitting an all-time high.
This index, created by Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago,
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Read MoreGoldmans, Blackstone CEOs bullish on US economy despite Trump turmoil
The chief executives of two of major Wall Street institutions say they expect the United States to avoid recession despite the upheaval caused by the Trump administration’s demolition of decades-old economic policies and alliances.
Donald Trump on Tuesday said his administration would plough on with tariffs on Canada and Mexico starting,
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Read MoreBusinesses And Investors Must Confront New Federal Climate Edicts
In Congressional testimony last month, Federal Reserve Chair Jerome Powell said that insurance companies and banks are already “pulling out of coastal areas, areas where there are a lot of fires.” He predicted that in “10 or 15 years there are going to be regions of the country where you can’t get a mortgage.”
Flames overtake Pacific Palisades,
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Read MoreThe Burst
Billionaire Bought This Under-the-Radar Chip Stock
At one time, Al Gore’s fund, Generation Investment Management, had so much conviction in Qualcomm that they bet around half a billion dollars on it.
Today, another huge investment fund founded by billionaire David Tepper has a stake in the chipmaker. What is it that these money managers see in the San Diego-headquartered firm to persuade them to risk hundreds of millions of dollars?
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Read MoreThe Ivy
Is Last Friday’s 10.99% Gain Just The Start?
A few weeks ago we wrote an article titled Is This Space Stock Set To Blast Off, which featured Planet Labs. Fast forward to last Thursday’s earnings report, and Friday’s trading action, which resulted in a 10.99% one-day gain and it seems fair to say Planet may be on the cusp of escaping gravity soon.
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Read MoreThe Spotlight
