Business

The Social Security Administration (SSA) addresses widespread misinformation about a supposed $600 increase in Social Security benefits. This section delves deeper into the implications of these false claims and how they have affected the SSA and its beneficiaries. There has been a false rumour confusing Social Security recipients. Some…

Former President Donald Trump pitched his plan to make the United States the “crypto capital of the planet and the Bitcoin superpower of the world,” pledging to establish the nation's first strategic Bitcoin stockpile, if elected.Trump is the first presidential candidate from a major political party to make Bitcoin and cryptocurrency a campaign…

It’s an interesting time to be in the housing market—prices are climbing even as the number of sales takes a dip. You might wonder, why are home prices rising in 2024 when sales are dropping? This seeming contradiction can baffle potential buyers and industry watchers alike. Let’s unpack this puzzling situation by analyzing the current trends…

Wall Street staged a comeback Friday after a bruising week on some optimistic economic signals.The Dow Jones Industrial Average popped 654 points, or 1.6 percent, to close at 40,589, offsetting steep losses from two days before. The broader S&P 500 rose 1.1 percent to close at 5,459, while the tech-heavy Nasdaq composite index gained 1…

US stocks closed a volatile week with a flash of optimism as investors mounted a comeback off promising inflation data and hardening expectations of coming interest-rate cuts.The Dow Jones Industrial Average (^DJI) added 1.6%, or more than 650 points. The S&P 500 (^GSPC) rose about 1.1%, while the Nasdaq Composite (^IXIC) put on 1% although…

It was a rocky week for stocks, with the Dow Jones Industrial Average being the only of the big three indexes (^DJI,^GSPC, ^IXIC) to post a weekly gain. But retail investors have seemingly shrugged it off, Investopedia Editor-in-Chief Caleb Silver tells Yahoo Finance.Based on Investopedia's sentiment indicators, Silver thinks that, overall, the…

The pressure to spend money can be strong in many social situations. Perhaps a group of friends invites you to a concert or sporting event over the weekend, but you don’t have room in your budget for the tickets. Maybe your family invites you on a fun-filled vacation, but you can’t afford your share of the room and board.Instead of making up an…

U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to innovate in the U.S.It's a common refrain from Republican lawmakers these days, but Scott – the direct…

WESTCHESTER COUNTY, N.Y. -- The median price of a single-family home in Westchester County, New York has topped $1 million for the first time. It's not just a big-dollar benchmark for real estate in New York City's northern suburbs. It's the new normal. "This is unprecedented, actually. Looking at us, this time last year we were in the 9s. And…

Tesla CEO Elon Musk is firmly in former President Donald Trump’s corner politically, but what a potential Trump Administration could mean for the electric vehicle maker that pays Musk billions is unclear—even to Musk himself. During a call with financial analysts on Tuesday, Wells Fargo director Colin Langan asked Musk to explain the impact…