Democrats at Bethlehem rally sound alarm over Social Security, and seek to make it a 2026 election issue
Democratic and labor-aligned groups are seeking to sound the alarm for 2026 midterm voters about the possibility of future cuts to Social Security benefits.
The Pennsylvania Alliance for Retired Americans held a “town hall” in Bethlehem on Saturday with Democratic congressional candidate Bob Brooks and other groups supporting his campaign focused on the looming funding cliff for that key government program.
Read MoreSavings and CD interest rates have increased, but ignore click-bait lists
Every little bit helps. The interest rates banks are offering on certificates of deposit have been rising. Dreamstime People with some savings naturally hope to earn the most interest possible on those dollars, but click-bait lists may have created some unrealistic expectations. It’s true that interest rates have been rising for savings accounts and certificates of deposit,
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Read MoreGen Z Investors Favor ETFs and Buy-and-Hold Strategy on Binance, New Data Reveals
Key Highlights
Table of Contents
Gen Z equity trading volume included 25% ETF allocations on Binance in early August, climbing from 21.9% the previous month
Younger investors executed just 13 monthly TradFi perpetual trades compared to Millennials’ 17 and Gen X’s 16.5
Among Gen Z direct-equity investors, 22% have never executed a sell transaction
Popular holdings for Gen Z buy-and-hold accounts include Broadcom,
They Married at 70 to Share Expenses. SSI Cut Their Combined Benefit by $497 a Month.
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When Saying “I Do” Reshapes a Fixed Income
Two people in their seventies, both receiving Supplemental Security Income (SSI), decide to marry and move in together. The logic feels practical. Splitting rent, utilities, and household expenses should stretch two small checks further. Then Social Security recalculates their benefits.
UBS Boosts S&P 500 Forecast to 8,100 with Bull Run Expected Through 2027
Key Takeaways
- UBS Global Wealth Management increased its year-end S&P 500 forecast to 8,100 from an earlier projection
- This revised target suggests approximately 6% potential gains from Thursday’s 7,641 closing level
- The firm boosted its S&P 500 earnings per share projections to $350 for 2026 and $400 for 2027
- UBS also elevated its mid-2027 benchmark target to 8,400
- Three core factors underpin the optimistic outlook: solid economic expansion,
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Read MoreThe Burst
Is Bitcoin About To Soar?
The crypto hype seems to be long in the distant past, eclipsed by buzz over artificial intelligence and machine learning.
But perhaps the nail is not yet in the coffin of the most high profile of all the cryptocurrencies, bitcoin. Recently, some well-known traders have been announcing their entry in the digital coin,
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Read MoreThe Ivy
Billionaire Bets The Farm On Under-the-Radar Health Stock
Stanley Druckenmiller is among the most astute stock pickers in the world and often ahead of broader market consensus. That may be attributable to his view that it’s best to buy with an eye on where things will be in 18 months versus today.
One of his latest buys, and a big one at that,
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Read MoreThe Spotlight
80% Of Physicians Use This Platform, Is It a Buy?
2021 was an epic year for IPOs, primarily driven by very low interest rates, and COVID-19 stimulus funding. In fact, in 2021, there were 976 IPOs, compared to 480 the prior year. One of the most noteworthy IPOs of the year was Doximity, Inc. (DOCS), which opened at $26 per share.
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