increase

As a record 8.7% increase in the Social Security cost of living begins in 2023, here's what recipients should look for in annual statements

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements

Catherine Ziegler | Digital vision | Getty Images As inflation kept prices high in 2022, Social Security recipients can expect a record cost-of-living adjustment in 2023. “Your Social Security benefits will increase by 8.7% in 2023 due to an increase in the cost of living,” the Social Security Administration says in the annual statements it …

As a record 8.7% increase in the Social Security cost of living begins in 2023, here’s what recipients should look for in annual statements Read More »

There's Bad News About the Big Social Security Rise of 2023

There’s Bad News About the Big Social Security Rise of 2023

(Christy Biber) Social Security retirees will get a huge increase in benefits in 2023. Their monthly checks will increase by 8.7%. This increase in benefits is the largest annual increase in pension payments in the past four decades. Seniors may be delighted to see their payments increase so much. But there’s some really bad news …

There’s Bad News About the Big Social Security Rise of 2023 Read More »

Falling house prices will help the Fed keep inflation under control, but it will also increase the risk of a prolonged economic slowdown

Falling house prices will help the Fed keep inflation under control, but it will also increase the risk of a prolonged economic slowdown

US home sales extend their decline as Federal Reserve tightening pushes mortgage rates higher. This has helped bring inflation under control, which is now receding from four-decade highs. But a slowdown in the real estate market also increases the risk of recession. Loading Something is loading. Thank you for your registration! Access your favorite topics …

Falling house prices will help the Fed keep inflation under control, but it will also increase the risk of a prolonged economic slowdown Read More »

Traffic backups increase as shoppers search for Black Friday deals at Mass stores.

Traffic backups increase as shoppers search for Black Friday deals at Mass stores.

Wrentham officials have warned of traffic delays as early risers hit the road early on Black Friday to try to get some serious business at Massachusetts stores. The Wrentham Outlets, which were closed on Thanksgiving, opened before sunrise. Traffic was jammed on Interstate 495 approaching outlets before 9 a.m. “Everyone seems happy and nice despite …

Traffic backups increase as shoppers search for Black Friday deals at Mass stores. Read More »

Social Security's Record 2023 Increase Isn't All It's Supposed To Be

Social Security’s Record 2023 Increase Isn’t All It’s Supposed To Be

(Justin Pope) Retirees feeling crushed by the highest inflation in decades are getting some relief. The Social Security Administration announced that benefits will receive an 8.7% Cost of Living Adjustment (COLA), the largest increase since 1982. In pure dollar terms for the average Social Security recipient, it will be the biggest COLA ever recorded. Don’t …

Social Security’s Record 2023 Increase Isn’t All It’s Supposed To Be Read More »

US ready to allow Chevron to increase oil production in Venezuela

US ready to allow Chevron to increase oil production in Venezuela

US ready to allow oil giant to produce and sell Venezuelan oil Chevron owes billions in unpaid debt to state-owned PDVSA US aims to transfer Venezuelan oil sales from shadow companies HOUSTON, Nov 23 (Reuters) – Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading in its oil once …

US ready to allow Chevron to increase oil production in Venezuela Read More »