The Federal Reserve gave investors exactly what they said They wanted to cut interest rates by a whopping 50 basis points on Wednesday – but that was still not enough. After a brief rise after the initial announcement, stock prices went through a period of high volatility before all three major US market indices closed […]
Social Security COLA rises with increasing inflation pressure A look at Social Security’s adjustments for inflation, including the increase in the cost-of-living adjustment (COLA) to 3% for 2025 and the increase in the Consumer Price Index (CPI). A cooling of inflation is likely to lead to a modest adjustment in the cost of living for […]
Personal data of millions of Americans hacked in data theft Millions of social security numbers were hacked after a massive data theft. Here’s how you can protect yourself. This year, nearly 68 million American retirees, veterans and dependents rely on Social Security benefits each month to make ends meet. For nearly 30% of Americans, these […]
The US economy created slightly fewer jobs than expected in August. This is partly due to the weakening of the labor market, but also paves the way for an interest rate cut by the US Federal Reserve later this month. Nonfarm payrolls rose 142,000 for the month, down from 89,000 in July and below the […]
Personal data of millions of Americans hacked in data theft Millions of social security numbers were hacked after a massive data theft. Here’s how you can protect yourself. Some Social Security recipients may have noticed something unusual in this monthly schedule: There is no SSI payment scheduled for the month of September. The slight change […]
Social Security COLA rises with increasing inflation pressure A look at Social Security’s adjustments for inflation, including the increase in the cost-of-living adjustment (COLA) to 3% for 2025 and the increase in the Consumer Price Index (CPI). Every year, millions of Americans who rely on Social Security benefits wait for news about the annual cost-of-living […]
August 20, 2024, 12:38 IST The news of the closure of a famous restaurant in Pakistan came as a shock to the employees, who fainted and cried. The news of the closure of a famous restaurant in Pakistan came as a shock to the employees, who were witnessed fainting and bursting into tears when they […]
Economists at Goldman Sachs have reduced the likelihood of a recession in the United States. As Bloomberg News reported On Saturday (August 17), the banking giant estimated that an economic downturn could occur based on the latest data on retail sales and unemployment figures, with the probability previously being 25 percent. And assuming the next […]
Editor’s note: An earlier version of this story incorrectly named Erika Kubly. an employee of the city’s Neighborhood Development Services Department. The article has been corrected to identify Housing Authority representative Rachel Carter as the correct source. A housing assistance program in the Iowa City area temporarily stopped accepting new applications this summer after a […]
