Business News
Business News
Effort Underway to Implement Electricity Auction to Offset Costs From Expanding Data Centers
Trump Administration and Northeastern Governors Advocate for Long-Term Power Contracts to Alleviate Regional Grid Strain
The Trump administration, alongside several northeastern state governors, is urging PJM, the largest electrical grid operator in the United States, to...
Key Developments on January 16: Minneapolis Protests, Geopolitical Moves in Greenland, Nobel Recognition, Flu Impact, and Iran's Turbulence
An overview of critical issues shaping domestic unrest, international diplomacy, health concerns, and global political aftermaths as of mid-January
On January 16, tensions escalated in Minneapolis following a second federal immigration officer-involved shooting within a short span, prompting feder...
The Impact of Credit Reports on Employment Decisions Amid Growing Legal Restrictions
How State Laws Are Shaping the Use of Credit Histories in Hiring Practices
Employers traditionally have used credit reports as part of the background check process, but new legal restrictions in multiple states, including New...
Critical Insights for Seniors Navigating Social Security in 2026
Essential Strategies for Maximizing Social Security Benefits and Managing Tax Implications
For seniors relying on Social Security as part or all of their retirement income, understanding key rules and options is crucial to optimize benefits ...
Trump and Schumer Convene to Address Gateway Tunnel Funding and ICE Operations
A rare White House meeting spotlights infrastructure funding and immigration enforcement concerns amid ongoing political tensions
President Donald Trump met with Senate Minority Leader Chuck Schumer at the White House to discuss several pressing issues including the release of fe...
Analyzing Average Social Security Benefits Across Retirement Ages
How Claiming Age Influences Monthly Social Security Payments from 62 to 70
Social Security benefits depend largely on the age at which retirees choose to claim them, with substantial differences in monthly payouts between age...
Trump’s Proposed 10% Cap on Credit Card Interest Faces Wall Street Skepticism
A policy aimed at improving affordability ignites debate over credit access and economic consequences
President Donald Trump’s plan to impose a one-year cap of 10% on credit card interest rates has revived discussions surrounding consumer affordabili...
Missed Your Required Minimum Distribution? Steps to Take Immediately
Navigating Penalties and Procedures After Overlooking Your RMD Withdrawal
Retirees approaching or at age 73 (or 75 for those born in 1960 or later) are required to take minimum distributions from their retirement accounts. M...
New Car Affordability Dwindles as Budget Models Disappear
Record-high average vehicle prices reflect shrinking options for entry-level buyers amid economic divide
As the availability of new cars priced below $20,000 vanishes in the US, average new car prices continue to rise, reaching record highs of over $49,00...
2026 Social Security Wage Cap Increase Means Higher Taxes for Top Earners
While seniors see cost-of-living adjustments, workers face an elevated Social Security wage base limit that will raise tax obligations
Social Security adjustments scheduled for 2026 include a 2.8% cost-of-living increase for retirees and relaxed earnings limits to reduce income forfei...
How Trump’s Tax Cuts Ignited a Trillion-Dollar Corporate Buyback Boom
Examining the powerful influence of tax reform on stock buybacks by tech giants like Apple, Alphabet, and Nvidia
In the third year of the recent bull market, the S&P 500 rose 16% despite early volatility triggered by President Donald Trump’s tariff policies. Be...
Analyzing the 2026 Social Security COLA Increase and Its Impact on Retirees
Why the 2.8% Adjustment Might Not Fully Meet Senior Needs Despite Being Higher Than Last Year’s
The Social Security Administration has announced a 2.8% cost-of-living adjustment (COLA) for 2026, which surpasses the 2.5% increase observed in 2025....