Increasing Social Security by 11% is practically impossible. But that’s fine.

(Keith Spetses) We’re likely less than two weeks away from knowing how high our Social Security checks will be in 2023. The Social Security Administration (SSA) plans to announce in mid-October. There has been a lot of predictions in recent months about the next cost-of-living adjustment (cola) will be. Of these, the most optimistic estimates … Read more

Healthcare technology enables millions of people to ‘age in place’

Old age in place refers to elderly individuals in their own home rather than moving to nursing homes or other types of care facilities. This is certainly not conceptually new – for centuries, many cultures globally have celebrated the retirement of elderly individuals and happily accepted the practice of aged care. What is relatively new, … Read more

Markets are now dealing with British bonds such as Greek and Italian debt

London CNN Business – The pound may have stopped its price Reckless crash towards parity In US dollars, but Damage to the UK economy Triggered by Prime Minister Liz Truss’s massive tax cut gamble is still pervasive in financial markets. Sterling settled early Tuesday to trade near $1.08, bouncing off Monday’s low of around $1.03. … Read more

The Fed’s fight against inflation could cost 1.2 million US jobs

Minneapolis CNN Business – In its efforts to lower historical inflation and cool the economy, the Federal Reserve has used Multiple euphemisms To describe the potential impact on Americans’ jobs, from Economical ‘pain’ To the “unfortunate costs” and Softening the labor market. However, the data does not taint the words. The Federal Reserve’s latest economic … Read more

White House hosts local officials, touts impact of policies | Health, medicine and fitness

By Josh Bock – The Associated Press Washington (AFP) – The White House is making a new effort to show local governments what it can do for their communities, and is hosting North Carolina officials to highlight funding opportunities and hear firsthand how to do it. Relief from Corona VirusAnd the Infrastructure dollars Other policies … Read more

What is inflation? The financial expert shares five things everyone should do as the cost of living rises

A personal finance expert has listed five smart financial strategies everyone should follow as interest rates and the cost of living continue to rise. Melissa Brownfounder of My Financial Adulting Plan, encourages others to become financially literate to reach personal money goals by saving for an emergency fund, thinking long term, diversifying investments and living … Read more

How to get nutritious foods on a budget, from the RD . Dietitian

anyway Gas prices are Lower now than in months, inflation continues to send price Grocery store higher than it has been in 43 yearsmaking it even more difficult for many Americans to provide the food they need. The food-at-home index is up 13.5% since last year, according to The latest consumer price index data. Here’s … Read more

Pre-market stocks: The Fed could crash the housing market

A version of this story first appeared in the CNN Business “Before the Bell” newsletter. Not a subscriber? You can register over here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN business – Investors are horrified that sharp increases in the Federal Reserve could … Read more

Does remote work contribute to high inflation? | Smart Change: Personal Finance

(Bram Berkowitz) Many different factors have contributed to the rise in inflation this year. Rising gas prices, a lot of stimulus over the past couple of years, and pent-up demand as a result of the pandemic are just a few of the big factors to bring up. Inflation has pushed up bond yields and forced … Read more