There’s a big Social Security change that happens year after year. Social Security benefits are eligible for annual cost-of-living adjustments, or COLAs. The purpose of these raises is to help recipients maintain their buying power as inflation pushes the cost of living upward. In 2024, Social Security beneficiaries saw their monthly checks rise by 3.2%. […]
The latest estimate of Social Security’s cost-of-living adjustment for 2025 slipped to 3% after the government reported 3.3% inflation in May, new calculations showed Wednesday. The 2025 COLA adjustment eased as inflation moderated after an uptick earlier this year. But it still likely underestimates what seniors need to keep up with inflation, said Mary Johnson, […]
The recent heavy rains in the southern states of Bavaria and Baden-Württemberg are expected to cost insurers around €2 billion ($2.2 billion), the German Insurance Association (GDV) said on Friday, in an initial estimate The current floods in southern Germany were the third and largest in just a few months. In addition to the Danube, […]
The recent heavy rains in the southern states of Bavaria and Baden-Württemberg are expected to cost insurers around €2 billion ($2.2 billion), the German Insurance Association (GDV) said on Friday, in an initial estimate The current floods in southern Germany were the third and largest in just a few months. In addition to the Danube, […]
By Stephen Nellis (Reuters) – HP Inc beat Wall Street estimates for second-quarter revenue on Wednesday, signaling a recovery in the personal computer (PC) market as customers upgrade their systems. Like other PC makers, HP experienced a boom in sales during the pandemic as consumers, businesses and schools stocked up on tech products and then […]
October is always a big month for seniors on Social Security. The reason? It’s the month when the Social Security Administration announces what cost-of-living adjustment, or COLA, recipients will be privy to in the coming year. In 2023, seniors on Social Security received a whopping 8.7% COLA — the largest to arrive in decades. But […]
German Chancellor Olaf Scholz (L) gesticulating in the Federal Chancellery during the visit of the President of the Republic of Moldova. Fabian Sommer/dpa German Chancellor Olaf Scholz does not expect the new lower tax income estimate to have any serious impact on the deliberations on the next federal budget. “As far as the issue of […]
PORTLAND, Ore. (KOIN) — Following the occupation of Portland State University’s library in late April and early May, the school released an estimate for the amount of damages caused. According to PSU, the costs to restore Millar Library will be roughly $750,000, give or take $125,000. That total doesn’t include replacing and repairing damaged technology […]
Millions of older Americans today collect a monthly paycheck from Social Security. And it’s that money that helps many retirees cover essential bills from food to housing to transportation. In fact, some seniors are so reliant on Social Security that each year, they eagerly await news of a cost-of-living adjustment, or COLA. In 2024, for […]
(Reuters) – U.S. shale producer Devon Energy beat first-quarter profit estimates on Wednesday as higher production from Delaware basin helped it offset a decline in natural gas prices. The Oklahoma City-based company also raised its full-year 2024 production outlook by 2% to a range of 655,000 to 675,000 barrels of oil equivalent per day (boepd). […]
BISMARCK, N.D. (AP) — North Dakota lawmakers are expecting a legal challenge to a proposed congressional age limit, and estimate $1 million to defend the measure up to the U.S. Supreme Court, in what some observers see as a likely test case. A top legislative panel on Wednesday unanimously approved a $1 million cost estimate […]
(Reuters) -Tesla missed market expectations for first-quarter deliveries on Tuesday, as it battled competition from upstarts and established players in major markets, while struggling with weak demand for its aging line-up of electric cars. Tesla shares fell 6.9% before the bell, adding to the nearly 30% slide in value so far this year. The world’s […]