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102 articles found for "retirement"
Medicare Part B premiums jump to $202.90 monthly in 2026, but new prescription drug caps and Part D premium decreases offer some relief. Here's what beneficiaries need to know.
The Department of Government Efficiency eliminated 350,000 federal positions in its first year, the largest peacetime workforce reduction in U.S. history. But total government spending kept climbing, exposing a fundamental misunderstanding about how the federal budget actually works.
The Conference Board's Consumer Confidence Index rose 2.2 points to 91.2 in February, but the Present Situation Index continued to decline and consumers flagged prices and inflation as their top economic concern.
Wells Fargo has cut its workforce by 25% since 2020, from 275,000 to roughly 210,000 employees, with new layoffs in February targeting loan servicing roles that AI and automation can handle.
The enhanced ACA premium tax credits expired, doubling insurance costs for 22 million Americans. Analysts project 5 million could become uninsured in the largest health coverage disruption since Obamacare launched.
The Conference Board's Expectations Index rose to 72 in February but has now spent 13 consecutive months below 80, the threshold that historically signals recession. Only twice before has the indicator been this persistently negative without a downturn following.
With 108,000 job cuts in January and hiring at record lows, millions of Americans are turning to Uber, DoorDash, and Instacart. The gig economy now encompasses 70 million workers.
The Conference Board Consumer Confidence Index fell to 84.5, its lowest since 2014. A record 50-point partisan gap and tariff-driven 'shelf shock' at grocery stores reveal an economy that Americans experience very differently depending on who they voted for.
Wingstop beat Q4 earnings estimates by 19% while domestic same-store sales fell 5.8%, with weakness among Hispanic and lower-income customers. What this paradox reveals about the American consumer.
DOGE engineered the largest peacetime federal workforce reduction in US history. But government outlays rose by $423 billion in the same period. Here's why cutting workers doesn't cut spending.
The three-month Congressional moratorium on federal reductions in force expires this week. A Friday court hearing in San Francisco could determine whether mass layoffs resume or are blocked.
The Social Security Administration has shed 12% of its workforce under DOGE-driven restructuring, creating the largest disability claims backlog in a decade and leaving one staffer to serve 1,480 beneficiaries.