In a new poll from ABC News and the Washington Post found that 6 in 10 Americans think a recession in the next year is likely. This comes as the U.S. Census Bureau found that the poverty rate has fallen to its lowest rate since 2001. Yahoo Finance's Zack Guzman and Emily McCormick are joined by Leanna Haakons, Black Hawk Financial Founder, to discuss.
My wife is 76, born in 1948. She retired at full retirement age and currently collects $1,076 per month. I will be retiring and start collecting at 70 this year (I was born in 1954). When I collect $4,000+ per month does her monthly payment go up to spousal benefit automatically or does it have […] The post When I Claim My $4,000 Social Security, Will My Wife Automatically Get a Spousal Benefit? appeared first on SmartReads by SmartAsset.
Apple and EV maker Rivian are in talks for some form of partnership, DigiTimes reported. The Dow giant scrapped its Apple Car effort in February.
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A bigger COLA may sound great, but it has some big drawbacks for retirees too.
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The last inflation report, which came in worse than expected, had investors worried about the Federal Reserve’s plans for interest rates this year. The central bank held rates steady in its most recent decision, cooling fears that a hike is in the offing. When combined with moderate gains in the Q1 earnings reports, it makes sense that we saw stocks rebounding as confidence in the market was restored. However, according to JPMorgan’s chief market strategist Marko Kolanovic, we’re not out of the
General Electric officially split into GE Aerospace and GE Vernova in April. GE Aerospace now trades at its best level since the 2008 meltdown.
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."