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News
Treasury confirms if pensioners will pay tax under Andy Burnham
7+ hour, 10+ min ago (282+ words) The treasury has released a statement amid concerns The Treasury has confirmed whether or not state pensioners will have to pay tax under Andy Burnham's new government. Anyone relying solely on the full new or basic state pension will not…...
5 Best Places in the US To Live on a Fixed Income for Under $2.5K a Month - AOL
2+ hour, 14+ min ago (577+ words) When everyday expenses continue to rise, living on a fixed income can be challenging. According to the Social Security Administration, the benefit for January 2026 was $2,071. Fortunately, there are still places across the country where monthly costs remain relatively affordable. The…...
Long-Term Treasury Yields Jump as Bloodied Bond Market Gets Edgier about Inflation & the Massive New Debt
47+ min ago (907+ words) The 30-year Treasury yield spiked by 10 basis points this week to 5.16%, after briefly reaching 5.19% on Thursday intraday. These were the highest yields, along with May 19, since July 2007. These rate cuts spooked the bond market. The bond market fears inflation, it…...
Social Security's 4.7% 'Trump Bump' for 2027 sounds great — until you see what's fueling it
10+ hour, 57+ min ago (414+ words) For millions of Social Security beneficiaries, there's both good news and bad news for next year. The good news is that payments could be on course for a big hike in 2027. The bad news is that this hike is a…...
JPMorgan CEO Jamie Dimon Avoids Long-Dated Treasuries Amid Rising Debt Concerns
1+ hour, 14+ min ago (410+ words) JPMorgan CEO Jamie Dimon said he would not invest in long-dated U.S. Treasuries or the S&P 500 at current levels. Dimon shared this stance during a July 21 interview with The Master Investor Podcast. He cited persistently high fiscal deficits and elevated…...
Managing families' rising household debt
3+ hour, 33+ min ago (463+ words) For many Kenyan households, the arithmetic no longer adds up as energy prices spike, further eroding their spending power. Every month, the cost of rent, transport, food, school fees and healthcare continues to rise while incomes remain largely unchanged. Families…...
Saskatchewan residents among most financially vulnerable to unexpected expenses says poll
6+ hour, 29+ min ago (370+ words) More than half of Saskatchewan and Manitoba residents faced an unexpected expense over the past year, according to a new RBC poll that suggests many households remain financially vulnerable despite recognizing the importance of emergency savings. The survey found 54 per…...
12 places where you can retire well abroad for $1,200 per month
1+ hour, 31+ min ago (543+ words) If your U.S. retirement budget feels tight, you're not alone — the average retired worker's Social Security check is about $2,008 a month. That won't stretch far in many American cities, but it can go a surprisingly long way overseas, according to a…...
Flat COLA Could Cut Social Security Shortfall in Half
2+ hour, 9+ min ago (356+ words) Since its inception, Social Security has used a percentage-based COLA to protect benefits from inflation. This method gives higher absolute increases to those with larger benefits, even though all retirees face similar cost-of-living pressures. The flat-rate proposal instead provides the…...
ECB considering several options to mitigate losses, sources say - AOL
3+ hour, 56+ min ago (612+ words) By Balazs Koranyi and Francesco Canepa FRANKFURT, July 23 (Reuters) - The European Central Bank is considering several options to mitigate its financial losses, in a tense debate that is expected to come to a head in the autumn, four sources said....