Early estimates point to a lower amount

Carl Smith | Fstop | Getty Images Social Security benefits are typically adjusted every year to keep up with rising prices. Social Security beneficiaries saw record-high COLAs in 2022 and 2023, when the annual increases climbed to 5.9% and 8.7%, respectively. Yet as the pace of inflation subsided, the size of the annual COLA increase…

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Senators want longer lump-sum payment timeline

Cavan Images | Cavan | Getty Images At the start of 2025, during President Joe Biden’s final weeks in office, lawmakers pushed forward with last-minute major legislation that provides Social Security benefit increases to certain public pensioners. The Social Security Fairness Act was passed with an overwhelming bipartisan majority in both the House and Senate,…

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Crypto makes midterm moves

{Beacon} Technology Technology Big Story Crypto Industry Heads into Midterm Elections The cryptocurrency industry is increasing its spending ahead of the midterm elections after amassing a huge war chest in the wake of several major wins in 2024. © Andrew Harnick, The Associated Press The industry’s leading super PAC network, FairShake, had more… Source link

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Ocasio Cortez says ‘unconditional’ US aid to Israel 'enabled a genocide in Gaza'

Rep. Alexandria Ocasio-Cortez (D-N.Y.) said Friday that “unconditional” U.S. aid to Israel in its war with Hamas “enabled genocide in Gaza,” criticism that reflects the Biden administration’s Middle East policy. Ocasio-Cortez was responding to a question from a Haaretz reporter while attending the annual Munich Security Conference on whether a presidential candidate in 2028… Source…

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