Stock markets around the world had a mixed day on Wednesday. This happened after U.S. stocks lost some of their recent gains, especially in tech and energy companies. Britain reported that its inflation rate dropped to 1.7% in September, the lowest in over three years. This good news boosted the FTS
Former President Donald Trump is set to speak with Bloomberg Editor-in-Chief John Micklethwait at the Economic Club of Chicago on Tuesday. The event, initially planned for 11 a.m. CT, has been pushed back to 11:45 a.m. CT. Trump's main message revolves around inflation, promising that if reelected,
The Social Security Administration just announced a 2.5% boost for 2025. At first glance, it might not seem exciting compared to past years, like the 3.2% in 2024 or 8.7% in 2023. But hold on, don't be disappointed just yet. There's more to the story than meets the eye. This smaller increase ac
This year, the Social Security Administration announced a 2.5 percent cost-of-living adjustment (COLA). This means that those receiving Social Security benefits will see a slight increase in their payments. Why the change? Well, it's all about inflation. Last year, the COLA was 3.2 percent, and in p
This election season, several states are letting voters decide on new tax rules. Some states want to give childcare centers a tax break, while others hope to fight inflation by raising the minimum wage or removing taxes on daily purchases. Missouri, for instance, might exempt childcare facilities fr
Get ready, Social Security beneficiaries! This Thursday, you'll find out how much your benefits will increase next year. Experts predict a 2.5% boost, which is less than the past two years. Last year, benefits went up by 3.2%, and in 2023, they saw a huge 8.7% increase due to high inflation. Th
Surprisingly, prices have been going up quicker than anyone thought in September. This unexpected rise in prices was mainly due to higher food and shelter costs, according to the Labor Department. The Consumer Price Index, which measures the cost of stuff we buy and services we use, went up by 0.2%
The Social Security Administration let everyone know on Thursday that there will be a 2.5% increase in their benefits for 2025. This is the smallest increase since 2021, when it was just 1.3%. This change comes after a period where inflation was high and beneficiaries saw bigger boosts in their paym
The US economy looks pretty strong, but that's bad news for people hoping to borrow money at lower interest rates. Despite expectations for cheaper borrowing costs, the job market and economy are doing surprisingly well. This is a big problem for those who want to buy houses, cars, or just use their
Inflation's been tough on Texas small businesses. Costs are skyrocketing, and owners are losing sleep over it. A recent report by the NFIB showed that supply costs jumped to the second biggest worry from twelfth in 2020. This is bad news for job creators who now face tough choices: raise prices, cut
