Extreme heat coupled with strained infrastructure, malfunctions and mechanical problems at Amtrak and New Jersey Transit brought agony and massive delays to tens of thousands of commuters across the Northeast this week. Rail service between New Jersey and New York’s Penn Station was suspended Thursday before the evening commute and again Friday morning, with Citing … Read more
Even a rare Social Security cost-of-living adjustment (COLA) may not stop seniors from getting the short end of the stick, once again. In May, 51 million retiree beneficiaries took home an average Social Security check totaling $1,916.63, up $23,000 on an annualized basis. While that may not sound like a game-changing sum of money, the … Read more
In May, 51 million retiree beneficiaries took home an average Social Security check totaling $1,916.63, up $23,000 on an annualized basis. While that may not sound like a game-changing sum of money, the average retiree would struggle mightily without their guaranteed monthly benefit. For the past 23 years, the national Gallup poll has surveyed retirees … Read more
Artificial intelligence (AI) has driven the revenue and stock price growth of many technology companies recently. Investors are piling into these players who are cashing in on the AI boom now and could have even more to gain down the road. After all, analysts predict that today’s $200 billion artificial intelligence market could surpass $1 … Read more
New York CNN – Decades ago, Americans flocked to Main Street to shop. A string of small family-owned shops stood side by side along a tree-lined block or two, displaying their wares through large welcoming windows. Then in 1956 something happened that changed the shopping experience forever. A new retail format infused the hustle and … Read more
I’ve been writing about millennials since 2018 when they were 22 to 37 years old. Coming of age during the rise of social media and online shopping, along with some unique economic challenges, puts this group in the spotlight. People were fascinated by what the children did. Millennial stereotypes of eating avocado bread and living … Read more
You’d need to make about $25 an hour to live in just the 25 largest cities in the United States. This is an average figure: you’ll need more in cities like San Francisco or Boston, and less in San Antonio or Detroit. The money covers a single person’s basic expenses such as housing in a … Read more
Investors looking for high-yielding dividend stocks to buy should now turn their attention to the health care sector: Three relatively reliable drugmakers are trading near 52-week lows. Their share prices may have taken a beating, but it’s more than likely that better days are ahead. Here’s how these stocks can produce heaps of passive income … Read more
Right now, we’re seeing flight attendants at most major US airlines trying to ratify new contracts (except at Delta, where the flight attendants are not unionized). Flight attendants for the most part haven’t had a raise since before the pandemic and are asking for a significant raise to reflect the inflation we’ve seen in recent … Read more
Alphabet and Adobe have suppressed it recently. Nvidia (NVDA -3.22%) it is a major artificial intelligence (AI) stock. However, it has become a bit expensive from a valuation standpoint, which has led some investors to look elsewhere for AI investments. I’m in that camp, but luckily there are plenty of AI companies worth buying right … Read more