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1716 articles found for "passive income"
Medicare's first-ever negotiated drug prices took effect January 1, 2026, covering 10 of America's most expensive medications. Nearly 9 million enrollees are expected to save $1.5 billion.
Over 12 million people lost commercial insurance coverage for Wegovy in 2026 as employers drop GLP-1 medications from their plans, citing premium increases of up to 14%. The access gap is widening.
Coinbase reported a $667 million Q4 loss as revenue tumbled 20%, then authorized $3.7 billion in share repurchases. The move signals extraordinary conviction as Bitcoin trades near $67,000.
Early projections for the 2027 Social Security COLA range from 1.2% to 3.1%. With healthcare and housing costs outpacing the adjustment formula, 70 million beneficiaries face an erosion of purchasing power.
Mass retailers and traditional supermarkets have reached the same 79% grocery penetration for the first time. Walmart's share jumped 6 points in a year as consumers trade down.
The Social Security Administration has lost 7,000 employees and is shuttering dozens of field offices under DOGE restructuring. Here's what it means for 70 million beneficiaries.
Subprime auto loan delinquencies have surged to their highest level since 1993, with 6.65% of subprime borrowers at least 60 days late. The average new car costs nearly $50,000, monthly payments have hit $748, and tariffs could add thousands more.
SoFi Technologies reported record quarterly revenue of $1.013 billion, added one million members in a single quarter for the first time, and guided for 30% growth in 2026. The company Wall Street left for dead at $6.75 is now one of America's fastest-growing financial institutions.
General Mills is cutting prices on nearly two-thirds of its grocery products while PepsiCo slashed snack prices by up to 15%. The moves signal that America's consumer has reached a breaking point after years of food inflation.
The Office of Personnel Management's retirement processing backlog has surged to 54,000 claims, four times normal levels. Some federal retirees are waiting 6 to 9 months for their first pension check, with reports of foreclosures and lost healthcare.
Yale's Budget Lab calculates the new 15% Section 122 tariff will raise consumer prices 0.6% to 1.0%, costing American households $800 to $1,300 annually, with a 150-day expiration that Congress must act on by July.
Goldman Sachs warns Brent crude could crash to $40 by late 2026 from OPEC+ oversupply, while BloombergNEF says an Iran disruption could send it to $91. The $51 gap reveals deep uncertainty.