California has announced a new initiative providing direct payments of up to $250 to more than 11.5 million households that currently receive electric credits. The program aims to alleviate energy costs for residents amidst rising utility expenses, with minimal action required from eligible households. This effort is part of a broader strategy to support low-...

Retirement beneficiaries across the United States can expect a notable increase in their Social Security benefits starting in 2025, with the standard monthly payout set to rise by at least $49. This adjustment reflects the ongoing efforts by policymakers to keep pace with inflation and maintain the purchasing power of seniors and disabled individuals relying...

The Social Security Administration (SSA) is projecting a significant increase in the Cost-of-Living Adjustment (COLA) for 2026, which will directly boost benefits for retirees aged 62 to 80. Based on recent inflation data and economic forecasts, the COLA for 2026 is expected to range between 3.5% and 4.5%, marking a notable rise from the 2025...

The discovery of a Lincoln Wheat Penny valued at approximately $144,000 has stirred considerable interest among coin collectors and numismatic enthusiasts. Remarkably, reports indicate that this rare specimen is still believed to be in circulation despite its extraordinary worth, raising questions about how such a valuable coin remains active in everyday transactions. Experts suggest that...

Amid ongoing debates over the accuracy of former President Donald Trump’s publicly stated global investment figures, economists and financial analysts are scrutinizing the credibility of claims surrounding the scale and scope of his international financial holdings. Trump has frequently asserted that his investments amount to over $17 trillion worldwide, positioning himself as a global business...

As the 2025 tax year approaches, many American workers and small business owners are exploring ways to maximize their earnings by leveraging available deductions. A notable opportunity involves claiming tax deductions on up to $25,000 of overtime pay, a benefit that can significantly reduce taxable income when properly documented. This provision, part of recent tax...

Effective October 4, 2025, the United States will see a nationwide update to its minimum wage rates, marking a significant shift for workers across various sectors. The new federal minimum wage will increase from $7.25 to $8.50 per hour, the first adjustment since 2009, reflecting ongoing efforts to address wage stagnation and cost-of-living concerns. Several...

U.S. citizens are set to receive a significant financial boost this October 2025, with the federal government issuing direct deposit payments of up to $2,000 to eligible individuals. This initiative, part of ongoing economic relief efforts, aims to support households amid persistent inflation and economic challenges. The IRS has clarified the payment schedule, outlined eligibility...

The federal government has officially entered a shutdown phase after lawmakers failed to reach a consensus on funding measures by the midnight deadline. Thousands of federal employees face furloughs, and numerous public services will experience disruptions or closures across the country. This shutdown affects a broad spectrum of agencies, with some continuing limited operations while...

The looming threat of a government shutdown risks creating a two-tiered system for Social Security recipients, potentially leaving new applicants in limbo while current beneficiaries continue to receive their payments without interruption. As congressional negotiations falter over budget agreements, concerns grow that a shutdown could freeze processing of new claims, delaying benefits for thousands of...