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Tag: inflation

The logo of the US Social Security Administration is seen outside a Social Security building, November 5, 2020, in Burbank, California. (Photo by VALERIE MACON / AFP) (Photo by VALERIE MACON/AFP via Getty Images)

Social Security Announces 2.5% Cost-Of-Living Adjustment For Next Year

Over 72 million Americans will see a 2.5% cost-of-living adjustment to benefit payments in 2025, the Social Security Administration announced on Thursday. 

Read More Social Security Announces 2.5% Cost-Of-Living Adjustment For Next Year
NEW YORK, NEW YORK - OCTOBER 08: Traders work on the floor of the New York Stock Exchange during morning trading on October 08, 2024 in New York City. Stocks opened up on the rise after the Dow Jones saw a loss of 400 points amid a rise in oil prices. (Photo by Michael M. Santiago/Getty Images)

Stock Market: Dow Skyrockets 400 Points, On Pace To Close At Another All-Time High

The Dow increased over 400 points on Wednesday as major investors awaited the minutes of the Federal Reserve’s latest meeting, as certain shares fell after the U.S. stated it was considering breaking up Google. 

Read More Stock Market: Dow Skyrockets 400 Points, On Pace To Close At Another All-Time High
A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly

S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings

Wall Street’s main indexes opened higher on Tuesday, as investors shifted their attention to the upcoming third-quarter earnings season and inflation data for hints on the Federal Reserve’s future rate decisions.

Read More S&P 500, Nasdaq rise as investors focus on inflation data, Q3 earnings
NEW YORK, NEW YORK - SEPTEMBER 11: Republican presidential nominee, former U.S. President Donald Trump and Republican vice presidential nominee, U.S. Sen. J.D. Vance (R-OH) visit with firefighters outside FDNY Engine 4/Tower Ladder 15 fire house in lower Manhattan on the 23rd anniversary of the 9/11 terror attacks on September 11, 2024, in New York City. The nation is marking the twenty-third anniversary of the attacks on September 11, 2001, that killed 2,977 people at the World Trade Center site, the Pentagon, and those aboard Flight 93 in Shanksville, PA. (Photo by Spencer Platt/Getty Images)

Firefighter Union Representing 300,000 Withholds Democrat Endorsement, Second Time Since 1984

The International Association of Fire Fighters (IAFF) announced on Thursday that it would not be endorsing a presidential candidate, which is in stark contrast from the 2020 election, as it was the first major union to endorse now-President Joe Biden.

Read More Firefighter Union Representing 300,000 Withholds Democrat Endorsement, Second Time Since 1984
An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, U.S., April 7, 2023. REUTERS/Elizabeth Frantz/File Photo

US labor market remains stable; weather, strike distortions loom

October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…

Read More US labor market remains stable; weather, strike distortions loom
Dockworkers strike at the Bayport Container Terminal in Seabrook, Texas, on October 1, 2024. Officials at 14 ports along the US East and Gulf Coasts were making last-minute preparations on September 30 for a likely labor strike that could drag on the US economy just ahead of a presidential election -- despite last-minute talks. (Photo by Mark Felix / AFP) (Photo by MARK FELIX/AFP via Getty Images)

Dockworkers From Maine To Texas Begin Strike That Could Have Lasting Impact On Economy

Dockworkers stretching all the way from the East and Gulf coasts went on strike after midnight on Tuesday, which could greatly cause an increase to inflation and cause production shortages for the start of the holiday season.

Read More Dockworkers From Maine To Texas Begin Strike That Could Have Lasting Impact On Economy

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