Social Security Payments Could Increase the Most in 40 Years

Social Security Payments Could Increase the Most in 40 Years

This post was originally published on this siteSeniors and other Americans receiving Social Security benefits in 2022 are likely to see a roughly 6% boost, reflecting surging inflation during the pandemic.

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The White House announces steps to try to ease backlogs at U.S. ports

The White House announces steps to try to ease backlogs at U.S. ports

This post was originally published on this site President Biden will speak to ongoing supply chain problems, as major retailers warn of shortages and price hikes during the upcoming holiday season. (Image credit: Frederic J. Brown/AFP via Getty Images)

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Return of Office Workers Reaches Pandemic High

Return of Office Workers Reaches Pandemic High

This post was originally published on this siteAs Covid-19 infection rates fall, workers are trickling back to the office at the highest rate since the pandemic began, with more firms indicating that they will be welcoming workers back in the weeks ahead.

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House to vote to extend debt ceiling through early December

House to vote to extend debt ceiling through early December

This post was originally published on this siteThe House of Representatives is expected to vote Tuesday to extend the nation’s debt limit through early December after the Senate approved a stopgap measure last week in a bid to avert a catastrophic default and economic disaster.

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Goldman Sachs Downgrades Economic Growth Forecast

Goldman Sachs Downgrades Economic Growth Forecast

This post was originally published on this site Goldman Sachs economists have cut their economic growth forecasts for 2021 and 2022 because of lagging consumer spending. The economists in a Sunday note to clients blamed the downgrade on “a longer-lasting virus drag on virus-sensitive consumer services spending,” a decreased financial...

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What’s going on with jobs? 5 takeaways from September hiring trends

What’s going on with jobs? 5 takeaways from September hiring trends

This post was originally published on this siteJob growth was disappointing in September as worker shortages intensified, but a drop in COVID-19 cases could strengthen hiring in the coming months.     

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Yellen says ‘confident’ US will implement global minimum tax

Yellen says ‘confident’ US will implement global minimum tax

This post was originally published on this site US Treasury Secretary Janet Yellen said Sunday she was “confident” Congress would pass legislation to implement a global tax agreement in the United States enacting a minimum international tax on big corporations. The OECD-brokered deal, which sets a global tax of 15...

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Tariff Relief Plan Falls Short, Businesses Say

Tariff Relief Plan Falls Short, Businesses Say

This post was originally published on this siteU.S. companies lacking cost-effective alternatives to Chinese imports complain that the new trade policy isn’t as helpful as they had expected.

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American Airlines issues deadline for employee vaccinations

American Airlines issues deadline for employee vaccinations

This post was originally published on this siteAmerican Airlines on Wednesday in an email informed all U.S. employees that they must submit evidence of being fully vaccinated by November 24 or face termination, according to multiple reports.American Airlines is classified as a…

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Americans are shopping less often and limiting impulse buys as COVID breeds a more cautious consumer

Americans are shopping less often and limiting impulse buys as COVID breeds a more cautious consumer

This post was originally published on this siteAmericans are shopping less frequently and spending more per trip during COVID, a trend that could continue to some extent, hurting impulse purchases.     

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