Month: August 2021

Social Security beneficiaries probably will receive the highest benefit increase in years when the 2022 COLA is announced later this year. Social Security, as you know, gives beneficiaries an annual cost of living adjustment, or COLA. The COLA is based on the 12-month change in the Consumer Price Index (CPI) through September. The Social Security
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Theoretical physicist Michio Kaku lauded a recent nuclear fusion experiment at Lawrence Livermore National Laboratory. “This is a giant step toward the holy grail of energy research,” said Kaku, professor of theoretical physics at the City College and City University of New York. “To hit break-even, to extract more energy than you put in, and
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In this article CSCO Cisco’s Chairman and CEO Chuck Robbins. Chesnot | Getty Images News | Getty Images Cisco shares moved slightly lower in extended trading on Wednesday after the networking hardware company reported earnings that exceeded analysts’ expectations. Here’s how the company did: Earnings: 84 cents per share, adjusted, vs. 82 cents per share
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Education Secretary nominee Miguel Cardona testifies before the Senate Health, Education, Labor and Pensions committee during his confirmation hearing on Capitol Hill Washington, DC., February 3, 2021. Susan Walsh | Pool | Reuters The U.S. Department of Education announced on Thursday it will cancel $5.8 billion in student debt for more than 320,000 borrowers. The
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Financial advisors and borrowers will have to get busy if they wish to take advantage of the most recent automatic student loan forgiveness initiative for individuals receiving Social Security disability payments. Today’s press release is relatively straightforward for those who are already receiving Social Security disability payments, but is silent in regards to those whose
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In this article M Shoppers visit Macy’s flagship store in New York, May 20, 2021. Eduardo Munoz | Reuters Macy’s on Thursday reported fiscal second-quarter profit and revenue that topped analyst estimates, as customers returned to its stores to buy denim, luggage and new dresses. The department store chain also hiked its outlook for 2021,
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