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Business
New Law Helped Government Workers But Speeds Up Social Security Cuts for Everyone Else
Seniors counting on full Social Security benefits just got troubling news. The program’s trust funds are now projected to run…
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Business
Trump’s Tax Plan Hits a Snag in the Senate And Seniors on Medicaid May Pay the Price
Senate Republicans have unveiled their version of President Donald Trump’s sweeping economic package; a $4 trillion-plus tax overhaul and spending…
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Business
Warren Blames Trump for “Financial Scarlet Letter” as Student Loan Collections Resume
On the heels of Trump’s decision to pause Social Security garnishments for student loan defaulters, Democrats are escalating calls for…
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Business
Social Security Payout Boost Hits 94% of Eligible Retirees; Thanks to Bipartisan Law Favoring Government Workers
More than 2.6 million Americans have received long-awaited retroactive Social Security payments, with an average payout of $6,710. The Social…
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Business
Trump’s “Revenge Tax” Could Shake Retirement Portfolios as Foreign Investors Flee
Tucked into Trump’s massive new spending bill is a little-known proposal; Section 899 that is raising alarm bells across Wall…
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Business
Trump Pauses Social Security Garnishments, Letting Student Loan Defaulters Off the Hook, For Now
The Trump administration has temporarily halted plans to garnish Social Security benefits from borrowers who have defaulted on federal student…
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Business
Trump Slams ‘Too Late’ Powell as Job Growth Craters And Fed Still Refuses to Cut Rates
Private employers added just 37,000 jobs in May, the smallest increase since March 2023, according to the ADP National Employment…
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Business
Trump’s Push to End Social Security Taxes Stalls; Last Major Reform Helped Only Government Workers, Not All Seniors
Donald Trump has made cutting taxes on Social Security benefits a centerpiece of his campaign to win over older Americans;…
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Business
Crypto in Your 401(k)? New Rule Opens the Door, But Retirees Should Think Twice
In a sweeping reversal of prior policy, the Department of Labor (DOL) has made it easier for employers to include…
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Business
Trump’s Trade Wins Reignite Consumer Confidence But the Fed Still Won’t Cut Rates
After months of slipping sentiment, American consumers are suddenly more optimistic. Confidence jumped in May, bolstered by easing trade tensions…
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