Tag: Social Security
Social Security recipients to receive lower cost-of-living adjustment next year
Looking ahead to retirement next spring, Karla Abbott finds comfort in the cost-of-living increase that millions of Social Security recipients get each year. But...
Former used car dealer sentenced 5 years for bank fraud
PROVIDENCE – A former Massachusetts used car dealer was sentenced to five years in federal prison for leading a scheme that defrauded financial institutions...
The next chapter
Are you or any of your employees slated to retire within the next five years?
Yes: 83%
No: 17%
Unsure: 0%
How many employees are enrolled in a...
Weston: You’ll probably live longer than you think
Women often don't score as well as men in surveys of financial literacy. One area where we seem to do better is "longevity literacy,"...
Retail sales up 0.4% in April from March, buoyed by solid...
NEW YORK (AP) – Consumers picked up their spending modestly in April from March, buoyed by a solid job market and easing inflationary pressures.
A...
Key inflation gauge tracked by Fed remained high in March
WASHINGTON (AP) – A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed...
Lots of sound and fury on U.S. debt, but not a...
WASHINGTON (AP) – For all the sound and fury about raising the nation's debt limit, most economists say federal borrowing is not at a...
Cicilline introduces legislation to make colleges more affordable
PROVIDENCE – Rep. David N. Cicilline, D-R.I., on Aug. 1 introduced legislation in the U.S. House to help make college more affordable for students.
Cicilline...
Report: Stimulus checks, expanded UI help 17.2M people avoid poverty in...
PROVIDENCE – Federal stimulus checks and expanded unemployment insurance during the pandemic together kept 17.2 million people out of poverty in 2020, according to...
Social Security and Medicare funds remain under pressure
WASHINGTON (AP) – Social Security and Medicare, the government’s two biggest benefit programs, remain under intense financial pressure with the retirement of millions of...