In 2025, Social Security beneficiaries will see a modest 2.5% increase in their benefit checks, translating to approximately $50 more per month, on average. This annual cost-of-living adjustment (COLA) is notably the smallest since 2021, sparking concerns among retirees who are grappling with persistent inflation. According to Jim Blair, a former Social Security administrator and
Real Estate
Atlassian, the renowned Australian software company, recently reported second-quarter earnings that significantly surpassed Wall Street’s expectations, leading to an impressive 18% surge in its stock price. This remarkable performance is underscored by adjusted earnings per share (EPS) of 96 cents, a notable increase from the analysts’ forecast of 76 cents, according to data from LSEG.
As the Nasdaq 100 celebrates its 40th anniversary, it finds itself at a crossroads that could redefine its trajectory in the coming years. The index has demonstrated remarkable resilience, achieving an astounding 17,106% increase since its inception on January 31, 1985. Yet, as traditional tech stocks mature, the burgeoning world of cryptocurrency is poised to
As the automotive industry shifts towards electrification, Honda Motor Co. is making a striking pivot by establishing its next-generation electric vehicle (EV) manufacturing hub in Ohio. This decision, revealed during a recent investment announcement of over $1 billion—up from an initial $700 million—marks an unprecedented move for the 75-year-old Japanese automaker, previously known for its
Summer is typically regarded as a vibrant season for real estate, but the recent surge in heat waves has posed unexpected challenges for home sellers. As foot traffic declines and potential buyers choose to remain inside, sellers must adapt their strategies to reach success amidst these adverse conditions. With data revealing a concerning drop in
In the world of literature, especially in the genre of self-help and wealth creation, few topics command as much intrigue as the life and wisdom of John D. Rockefeller Sr., America’s first billionaire. A recent surge in the popularity of a book titled “The 38 Letters from J.D. Rockefeller to His Son: Perspective, Ideology and
In response to the tragic mid-air collision involving an Army Black Hawk helicopter and an American Airlines jetliner, the Federal Aviation Administration (FAA) has swiftly enacted restrictions on helicopter traffic around Ronald Reagan Washington National Airport. This significant measure, announced by Transportation Secretary Sean Duffy, comes in the aftermath of an incident that claimed the
In a recent appearance on CNBC’s “Closing Bell,” Jeffrey Gundlach, the CEO of DoubleLine Capital, provided his perspective on anticipated interest rate movements for 2025. His analysis comes at an interesting juncture, as the Federal Reserve recently decided to maintain the current interest rate following three reductions in 2024. Gundlach’s insights highlight a cautious optimism