Goodbye to full Social Security benefits at 65: SSA raised the retirement age starting this month
The traditional age of 65 has long symbolized the threshold for retirement and full Social Security benefits in the United States. However, this standard has officially shifted as the government raises the age of retirement.
Beginning in May 2025, individuals will need to wait longer to receive full Social Security retirement benefits,
Read MoreSocial Security payments of up to $5,108 arriving this week
A new round of Social Security payments is being distributed this week, with millions of Americans set to receive their monthly benefits beginning Wednesday, May 14.
Who gets paid this week?
The Social Security Administration (SSA) issues retirement, survivor, and disability benefits to more than 70 million Americans each month.
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Read MoreDow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
NEW YORK — (AP) — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S.
Read MorePrediction: Nvidia Stock Is Going to Soar After May 28
Nvidia (NASDAQ: NVDA) added an eye-popping $2.5 trillion to its market capitalization since the start of 2023, thanks to surging sales of its data center chips,
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Read MoreAerospace & Defense ETFs at a One-Year High: Here's Why
Amid escalating geopolitical tensions, global defense spending reached an all-time high of $2,718 billion in 2024, according to the Stockholm International Peace Research Institute (SIPRI). This marks a 9.4% year-over-year increase—the sharpest annual rise since the Cold War era.
The top five spenders—the United States, China, Russia,
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Read MoreThe Burst
1 Organ Transplant Disruptor to Buy on the Dip
TransMedics (NASDAQ:TMDX) is an innovative biotechnology company that may well have the potential to disrupt the $11 billion organ transplant industry.
The company’s unique organ care system technology protects and monitors donor organs before they are transplanted into patients, resulting in improved organ health and outcomes. TransMedics also provides logistical services,
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Read MoreThe Ivy
Is Buffett Primed To Pounce On a Crash?
In 2024, value investing legend Warren Buffett did the seemingly unthinkable by selling stocks aggressively in a year that saw the S&P 500 climb by about 23 percent.
While the exact figures on Buffett’s selling won’t be known until Berkshire Hathaway releases its Q4 earnings report, the total stood at a staggering $133 billion as of the end of Q3.
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Read MoreThe Spotlight
How To Blow $3 Billion
Among the many rules of business is be careful in whose playground you are competing. Gaming companies learned this the hard way a few years ago when they built their businesses on top of the Facebook platform. So too did media companies like PopSugar. When Facebook decided to focus more on surfacing individual posts over corporate ones,