What to know about the Social Security cost-of-living adjustment and why it's less than last year
Tens of millions of older Americans will see an increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.
The 2.5% raise is intended to help meet higher prices for food, fuel, and other goods and services. The average recipient will see an increase of about $50 per month,
New York Post, Dow Jones Sue Jeff Bezos-Backed AI Company for ‘Massive Amount’ of Illegal Copying
The New York Post and Dow Jones, the parent company of The Wall Street Journal, sued Perplexity AI on Monday, claiming the artificial intelligence startup has illegally ripped off a “massive amount” of its reporting.
Perplexity’s “answer engine” is accused of violating copyright laws by giving its users verbatim or near verbatim responses that came directly from the outlets,
Read MoreHow The Stock Market Performs After Federal Reserve Rate Cuts
Oct 17, 2024,02:00am EDT
The World’s Highest-Paid Soccer Players 2024“,”scope”:{“topStory”:{“index”:1,”title”:”The World’s Highest-Paid Soccer Players 2024″,”image”:”https://specials-images.forbesimg.com/imageserve/670febf90e31e7be0b3096c6/0x0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Oct 17, 2024″,”hourMinute”:”02:00″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1729144800000},”uri”:”https://www.forbes.com/sites/justinbirnbaum/2024/10/17/the-worlds-highest-paid-soccer-players-2024/”}},”id”:”bb72d0r492jc00″},{“textContent”:”
Oct 20, 2024,07:00am EDT
Details Better Than The Headline This Earnings Season“,”scope”:{“topStory”:{“index”:2,”title”:”Details Better Than The Headline This Earnings Season”,”image”:”https://specials-images.forbesimg.com/imageserve/6713b15f7917b68651ad5c90/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Oct 20,
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Read MoreShould You Buy Amazon Stock Before Oct. 24?
The company will be giving an important update to shareholders next week.
The heart of earnings season is upon us. Companies are set to update investors with their financial results for the third quarter over the next few weeks, and investors are bound to react…rationally. Jokes aside, there are times when a single earnings report can be given too much importance from the investment community.
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Read MoreNew data shows US economy on track to grow at 'encouragingly solid pace'
Fresh data out Thursday showed the US economy remains on track to grow at a solid pace through the end of 2024.
S&P Global’s flash US composite PMI, which captures activity in both the services and manufacturing sectors, came in at 54.4 in September, down from 54.6 in August. Economists had expected the index to tick down to 54.3.
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Read MoreThe Burst
Forget Sports, Buy Sports Data Stocks
Like everything else data-related in the 21st century, sports analytics has exploded in recent years. In 2020, the sports analytics market was valued at USD 885 million. Analysts are forecasting the sports analytics space will continue to grow at a compound yearly rate of 21.3 percent from 2021 to 2028.
Sports analytics is part of a larger sports technology market,
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Read MoreThe Ivy
Is This Former High Flyer a Screaming Buy?
Nvidia, a leading manufacturer of graphics processing units (GPUs), had a record-breaking year in 2022 with annual revenue reaching north of $26 billion, an increase of over 60%.
Earnings also improved by over 120%, totaling $3.85 per share. One of the major contributors to this success was the Data Center segment, which accounted for 40% of the company’s overall sales in the fiscal year and has seen a CAGR of 66% over the past 5 years.
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