Millions of American Social Security beneficiaries will soon see their pensions increase with an 8.7% cost-of-living increase in 2023. This will be the largest such increase since 1981. The annual cost-of-living adjustment (COLA) goes into effect with December benefits, although most of those payments will be made next January, the …
Read More »Russian central bank holds key rate at 7.5%, warns inflation risks are ‘prevailing’
The Bank of Russia said the external environment for the Russian economy remains “challenging” and “significantly constrains economic activity.” The headquarters of Russia’s central bank in Moscow on Feb. 28, 2022. Sweeping sanctions imposed by Western capitals on Russia in the wake of its invasion of Ukraine on Feb. 24 …
Read More »Getting Ready for Retirement? We Explain Key Elements and Options
You worked 40 years, and finally, you’re getting ready for retirement. Unfortunately, many retirees are downright confused about the key elements of retirement, such as what their retirement benefits are and how they work. That lack of insight can lead to poor decisions. As an example, some people are confused …
Read More »Mysterious company with government ties plays key internet role
Comment on this story Comment An offshore company that is trusted by the major web browsers and other tech companies to vouch for the legitimacy of websites has connections to contractors for U.S. intelligence agencies and law enforcement, according to security researchers, documents and interviews. Google’s Chrome, Apple’s Safari, nonprofit …
Read More »Futures: Nasdaq Breaks Key Level; Here’s The Silver Lining
Dow Jones futures were little changed in after-hours trade, along with S&P 500 futures and Nasdaq futures. Software giant Adobe rose late on an earnings beat, while big Cathie Wood holding Exact Sciences (EXAS) skyrocketed on a rival’s clinical trial. X The stock market rally suffered damaging losses Thursday, with …
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