Retirees have been significant contributors to consumer spending in 2023, buoyed by a substantial increase in Social Security. However, this trend might see a slowdown as the cost of living adjustment (COLA) decreases this year. Record Hike in COLA In 2023, Social Security beneficiaries saw an 8.7% increase in COLA, the highest in four decades. […]
Americans Sound Alarm as Crypto Fraud Soars
SafeMoon, a name once synonymous with skyrocketing crypto gains, is now the center of a major scandal. U.S. authorities have charged the top executives with fraud. SafeMoon’s Downfall SafeMoon executives have been indicted for fraud. The company’s once high-flying token has plunged, causing concerns among crypto investors. Who’s Been Charged? Founder Kyle Nagy, CEO Braden […]
Massive $6.6 Billion U.S. Investment Targets Chip Manufacturing, National Security
The U.S. government has pledged significant funds to Taiwan Semiconductor Manufacturing Company (TSMC) as a strategic initiative to enhance domestic chip production, address national security concerns, and foster a consistent supply of crucial microchips, thereby stimulating economic growth in the country. Biden’s Plan for U.S. Semiconductor Production President Biden has a bold plan to revive […]
Escape California Taxes: 17 Destinations in Demand
In the great California tax exodus, middle-class warriors armed with common sense and a disdain for unnecessary tax burdens are voting with their feet. They’re not just seeking refuge; they’re in pursuit of fiscal sanity. These destinations aren’t just tax havens; they’re a bold declaration of independence from the Golden State’s golden handcuffs. #1. Texas […]
Equal Pay Day Exposes America’s Wage Divide
A new U.S. Census Bureau report and observations stemming from Equal Pay Day highlight the persistent gender pay gap in America and reveal how women earn significantly less than men across various levels of education and professions. A New Report The U.S. Census Bureau recently came out with a report that revealed the ongoing issue […]
Millions Could Find Relief in New Student Loan Forgiveness Plan
Revisions to federal plans to forgive student loans could have a major impact on millions of Americans. President Looks to “Plan B” to Fight Student Debt After the Supreme Court rejected President Biden’s $400 billion plan to forgive student loans for millions of borrowers, the administration has announced what they’re calling “Plan B” — a […]
Wall Street Titan’s Warning: America’s Political Future at Stake
In an unprecedented move, hedge fund billionaire Leon Cooperman has criticized Donald Trump, telling CNN that re-electing him would be “terrible for the country.” Raising Questions This critique from the Wall Street veteran also added, “He’s a divisive human being who belongs in jail,” raises several questions about the 2024 presidential race and its impact […]
15 Fresh Craigslist Alternatives for Unloading Your Goods
Selling your unwanted items can be a lucrative way to declutter your space and pad your wallet. While Craigslist has long been a go-to platform for online classifieds, there are plenty of alternatives that offer unique features and broader audiences. In this guide, we’ll explore 15 Craigslist alternatives that provide various options for selling everything […]
Jamie Dimon Raises Alarm: ‘Stickier Inflation, Higher Rates’ Loom
One of the most influential bankers in the world has made a number of warnings and predictions for the U.S. and global economy in a recent newsletter. JP Morgan Chase Newsletter In a newsletter to investors on Monday, JP Morgan Chase CEO Jamie Dimon covered a number of observations, predictions, and concerns – including the […]
Spirit Airlines Takes Tough Measures: Furloughs Pilots, Delays Aircraft Orders
Joining a long list of companies making employment cuts, Spirit Airlines has announced furloughs for a large group of pilots. Spirit Airlines Looks to Save Money Budget airline Spirit Airlines has been a preferred option for years for many people who prefer to travel light. Their hefty baggage fees offset the low flight prices, but […]