Every year, Social Security beneficiaries eagerly await news regarding the cost-of-living adjustment, commonly referred to as COLA. This adjustment is crucial for ensuring that the benefits keep pace with inflation, thereby safeguarding the purchasing power of retirees and those relying on Social Security. As we inch closer to the announcement for 2025, preliminary projections suggest
Peru, once characterized by political strife and economic uncertainty, is witnessing a notable turnaround in its investment climate. Recent months have marked a period of relative tranquility, attracting international investors keen on capitalizing on the nation’s sovereign bonds. A remarkable 39% of Peru’s sovereign bond market is now held by foreign investors, positioning the country
Homeowners facing the daunting task of repairs and renovations often find themselves in a difficult situation: balancing quality, cost, and trustworthiness when selecting a contractor. With financial constraints affecting their decisions, many are willing to compromise on crucial factors like reputation, which can lead to significant pitfalls down the road. A major report from Clever
In a remarkable stride towards advanced satellite communication, Northwood Space, a nascent venture helmed by the former television star and singer Bridgit Mendler, has recently completed a significant developmental milestone. The startup successfully established a connection with Planet Labs’ imagery satellites, marking an important achievement in its mission to rejuvenate the ground infrastructure that underpins
On September 20, the Federal Reserve convened to discuss an essential aspect of the U.S. economy: interest rates. Faced with divergent views among committee members, the central bank ultimately decided to implement a half percentage point cut, marking the most significant adjustment in over four years. This decisive action was influenced by the evolving dynamics
The stock market operates around the clock, but the critical insights often emerge after trading has concluded for the day. This article delves into key implications and upcoming events from the latest stock market trends, offering investors an eye on potential shifts and opportunities. From noteworthy earnings reports to stock performance evaluations, we provide a
In a recent press conference, Zheng Shanjie, the head of China’s National Development and Reform Commission (NDRC), laid out the government’s strategy to invigorate the economy, yet left many investors feeling unfulfilled. While he spoke of accelerated efforts, such as special purpose bond issuance for local governments and ongoing fiscal support in the property sector,
General Motors (GM) has recently shared its insights during its investor day, revealing that it anticipates its adjusted earnings for 2025 will remain within a range comparable to its current performance. CFO Paul Jacobson emphasized a positive outlook, projecting the company’s adjusted earnings before interest and taxes (EBIT) for 2024 at between $13 billion and
The landscape of sports betting in Florida is on the verge of transformation, and the winds of change are being heralded by the Hard Rock International’s chairman, Jim Allen. With the Seminole Tribe reigning as the front-runners in the state’s sports betting arena, the potential for collaborative partnerships with established commercial sportsbooks could redefine the
Tax season often evokes stress and confusion for many Americans. In April, about 19 million taxpayers opted for an extension, granting them an additional six months to file their federal income tax returns. While filing extensions provide a breather, they also introduce important deadlines and considerations that must not be overlooked. As the promised October