Category: Uncategorized
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US economy’s strength hinges on how much the rich spend
By Jonnelle Marte and Catarina Saraiva | Bloomberg Just how K-shaped is the US consumer? The idea that spending by rich Americans is driving an ever greater share of economic growth, while people on the low end pull back, has become a staple of economic research and corporate planning. Some analysts push back — arguing…
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5 Energy Stocks That Have Doubled Down on Dividends Since Oil Crossed $80
When oil crossed $80 a barrel in early 2024, the largest U.S. energy producers faced a familiar choice: drill aggressively or return cash to shareholders. They chose the latter. Dividend raises, buyback programs, and capital return commitments accelerated as free cash flow swelled. Oil price volatility is reshaping how energy companies allocate capital, and the…
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Oil relief sparks a stock rally, but Cramer says Nvidia’s AI boom is the real story
CNBC’s Jim Cramer on Monday welcomed the drop in oil prices that sent stocks higher, but said the real action for investors is unfolding at Nvidia’s GTC artificial intelligence showcase this week. Nvidia shares participated in a broad stock market rally that was fueled by President Donald Trump “allowing Iranian oil to get through the…
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How many hours can you work and still collect Social Security benefits in America? The answer might surprise you
Retired woman working at market. Being over the age of 65 does not mean someone is automatically retired. But for many older Americans, work continues well past this age. Roughly 19.5% of seniors over 65 were still working in 2024, according to Bureau of Labor Statistics (BLS) (1). This participation rate includes both those who…
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The Fed to meet about interest rates. And, Sen. Mullin faces DHS confirmation hearing
Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories Iran launched a barrage of missile attacks on Israel after confirming the deaths of two high-ranking officials, Ali Larijani and Gholamreza Soleimani.…
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Why the Fed has 'no reason' to move rates anytime soon
00:00 Speaker A Fed is on deck, John. What do you expect to see and hear this week, John? Walk us through it. 00:04 John Well, I think the meeting, uh the overall tone of the meeting is going to be somewhat hawkish. Uh and the message is going to be that the the Fed…
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Social Security payment schedule: Here’s when you’ll get March benefits
Social Security recipients keep an eye out for their benefits each month. If you’re one of those folks — and you’re wondering when you can expect your payment for March — here’s what to know about the Social Security Administration’s (SSA) payment schedule. According to the SSA, when a person receives their Social Security payment…
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Waiting on a March Social Security check? Here's who gets paid this week
Trays of printed social security checks wait to be mailed from the U.S. Treasury’s Financial Management services facility in Philadelphia. Bradley C Bower, FRE / AP Of the over 71 million Americans who receive regular Social Security payments, some receiving disability benefits can expect their March checks to arrive this week. The month’s SSI payments…
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Federal Reserve could signal no interest rate cuts this year in wake of Iran war
WASHINGTON (AP) — A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for months to see how the conflict…
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Will I Get My Full Social Security Benefits? Definitely, Maybe
It’s difficult, but try for a moment to imagine what US politics will be like after 2028. President JD Vance or Gavin Newsom or Alexandria Ocasio-Cortez or Dwayne “the Rock” Johnson could have any number of problems to confront, from the economic impact of artificial intelligence to a new international conflict. But there’s one thing…