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Personal Finance
Social Security's 2027 COLA Rises 3.6%, but Medicare Costs Could Eat Into Retirees' Extra $75 a Month
US Social Security benefits are due to rise 3.6% in 2027, adding about $75 monthly for the average retired worker, while higher Medicare costs could reduce the increase.
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PERSONAL FINANCE
Personal Finance
Workers Get a $10 Million 401(K) Windfall but Cash Bonuses Could Put Social Security Cheques at Risk
Williams-Sonoma's $10 million 401(k) contribution highlights why cash bonuses can reduce Social Security payments for some working retirees.
BUSINESS
Business
Amazon Has Deployed Over One Million Robots but Expert Claims They Could 'Dictate the Pace of Work'
Amazon robots face renewed scrutiny after a study found 77% more non-severe injuries at robotic warehouses, despite fewer severe injuries.
PERSONAL FINANCE
Personal Finance
Why a Retiree Over 60 Might Strategically Move $80,000 Out of a Pretax 401(k) Before 'Silent' Years
A Roth conversion during a low-income year may reduce future tax bills, but retirees must weigh tax brackets, Social Security, healthcare subsidies, Medicare premiums and rollover rules.
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BUSINESS
Warning Over $25 Minimum Wage Bill: Why Target and Walmart Might See Massive Legislative Changes
A proposed US bill would gradually raise the federal minimum wage to $25 an hour for large employers by 2031, potentially affecting Walmart and Target if Congress approves it.
IBTIMES MAGS
Politics
'Billionaires Aren't Compatible With Democracy': Critics Bash Elon Musk $158M Paxton Donation
Elon Musk is facing criticism after reports said his $158m donation to a Republican super PAC helped fund advertising for Ken Paxton's Texas Senate campaign.
Politics
World's Richest Sovereign Fund Eyes Nuclear-Weapons Firms as Government Moves to Weaken Its Ethics Watchdog
Norway's government is consulting on proposals to allow its sovereign wealth fund to invest in some NATO nuclear weapons makers and weaken its ethics watchdog.
Politics
Trump Refuses to Rule Out a 2026 Midterm National Emergency as Experts Warn of Chaos at the Polls
'Reuters' maps nine scenarios for disruption to the 3 November US midterms as Trump refuses to rule out an emergency declaration or Insurrection Act use.
World
Trump's $333M Ballroom Donor List Exposed: Tech Giants, Billionaires and Who Paid How Much
Trump's $333 million White House ballroom donor list reveals huge corporate pledges, $77 million in anonymous donations, and one glaring omission: the president himself.
World
Elon Musk's $1 Million Election Giveaway Scandal Explodes as Billionaire Settles Fraud Lawsuits
Elon Musk's $1 million election giveaway faces fresh scrutiny as he and America PAC agree to settle fraud lawsuits over claims voters were misled.