Social Security Fairness Act is now in effect
WASHINGTON, D.C. (KALB) – The Social Security Administration will immediately begin sending Social Security benefit increases and retroactive payments for those affected by WEP & GPO.
According to Louisiana Senator Bill Cassidy (R), police officers, teachers, nurses and other state and local public servants across Louisiana will finally receive the correct Social Security payments.
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Read MoreDow Jones (DJIA) Remains Resilient Despite Tariff Fears
The Dow Jones Industrial Average (DJIA) is up today, rejecting the drops seen by the S&P 500 (SPX) and Nasdaq 100 (NDX). The stock market is suffering as investor concerns about the U.S. trade war increase alongside more tariff talk from President Donald Trump.
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Read MoreUS: S&P 500, Nasdaq muted as US plans tighter curbs on chip exports to China
The benchmark S&P 500 and the Nasdaq had a subdued start on Tuesday (Feb 25) as markets braced for the potential impact of more stringent US trade controls on Beijing and awaited quarterly earnings from AI-chip leader Nvidia.
The Dow Jones Industrial Average rose 48.5 points, or 0.11 per cent,
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Read MoreStock Market Today: Dow Jones, S&P 500 hold steady as Nasdaq slips; Nvidia, AMD fall amid chip export concerns, Bitcoin crashes below $90,000
What impact are trade policies having on the U.S.
Nvidia Blackwell Chip Could Squeeze Profit Margins, Analysts Warn
Nvidia stock was up 1.2% ahead of Thursday’s opening bell–solid enough gains, but not the sort of eye-popping returns investors have come to expect from the chip maker even though it posted another solid earnings report.
One slight worry for the market is that Nvidia’s gross margin guidance of 71% for the current quarter came in below expectations.
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Read MoreThe Burst
Oh, That Can’t Be Good
Usually, we talk about interesting stocks that may be on the cusp of growing revenues, profits or share price rapidly on a Tuesday but today we’re breaking from our regular programming to flag a major concern that could affect consumers. And because consumer spending is widely regarded to constitute about 70% of GDP, anything that affects it has a material impact on the broader stock market.
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Read MoreThe Ivy
You’re About To Spit Out Your Coffee
While the market has generally been trending higher this year with various bumps in the road, Starbucks has had an altogether different journey and remained largely flat over the past 12 months. Worse still, until its recent CEO switchover, it had been decidedly under water.
The fundamentals have been fairly underwhelming for some time as earnings reports have revealed.
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Read MoreThe Spotlight
Market Commentary: Is This 7.9% Dividend Real?
In my view, Verizon’s generous dividend isn’t just stable, it’s on track to climb even higher. As it stands, Verizon offers a tantalizing dividend yield of 7.9%, a figure amplified by the recent dip in its stock price. The stock has lost about a fifth of its value from its peak over the past 52 weeks,
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