katleho Seisa Despite the biggest cost-of-living adjustment in decades, Social Security beneficiaries may still find it challenging to make their monthly checks stretch farther next year. The reasons: Inflation is continuing to drive up consumer prices, while standard Medicare Part B premiums will rise by 14.5% in 2022 in a bigger-than-expected jump. The Consumer Price
Month: November 2021
A housing complex by Chinese property developer Evergrande in Beijing. The indebted Evergrande has remitted the funds for a key interest payment that was due Sept. 23 — ahead of a 30-day grace period, Chinese state media Securities Times reported. Noel Celis | AFP | Getty Images Hong Kong’s benchmark provider Hang Seng announced it
US President Joe Biden speaks about the 50 million doses of the Covid-19 vaccine shot administered in the US during an event commemorating the milestone in the Eisenhower Executive Office Building in Washington, DC, February 25, 2021. Saul Loeb | AFP | Getty Images Over 90% of the more than 3.5 million federal workers covered
In this article GM RIVN BLNK ASTR The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. Daniel Becerril | Reuters Check out the companies making headlines in midday trading. Activision Blizzard — The video game stock continues to be
Bill Gates wants you to read more science fiction. On Monday, Gates released his annual holiday book recommendation list — along with a blog post explaining why two of his five selections are science-fiction books. As a child, he wrote, he was “obsessed” with science fiction. And though the famous reading enthusiast focused more on
In this article ASTR The company’s rocket LV0007 lifts off from Pacific Spaceport Complex in Kodiak, Alaska on November 20, 2021. Astra Shares of rocket builder Astra surged in trading on Monday after the company reached orbit for the first time over the weekend. The company’s rocket LV0007 launched from the Pacific Spaceport Complex in
Getty Images Clients grappling with a layoff or jumping into retirement may have some tax-planning opportunities as the year winds down, top advisors say. By the third quarter of 2020, 28.6 million baby boomers reported being out of the workforce, out of an entire cohort numbering 71.8 million, according to Pew Research. That’s 3.2 million more
Audiologist examining a patient’s ear. Westend61 | Westend61 | Getty Images Some significant changes to Medicare could be on their way. With the House passage of the $1.7 trillion Build Back Better Act on Friday, provisions that would improve Medicare have moved a step closer to becoming law. The Senate must still pass its version
Over the last few years, concerns have been raised that the existing international tax system does not properly capture the digitalization of the economy. Under current international tax rules, multinationals generally pay corporate income tax where production occurs rather than where consumers or, specifically for the digital sector, users are located. However, some argue that
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Sales of previously owned homes in October rose 0.8% to a seasonally adjusted annualized rate of 6.34 million units, according
Traders are starting to feel more optimistic, despite there being no decrease in the line of ships sitting off the LA coast.
A demonstrator lights a smoke bomb during a rally held by Austria’s far-right Freedom Party FPOe against the measures taken to curb the Covid pandemic, at Maria Theresien Platz square in Vienna, Austria on November 20, 2021. JOE KLAMAR | AFP | Getty Images Protests against fresh Covid-19 restrictions have rocked Europe over the weekend,
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