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Social Security holds off insolvency until 2035, one year later than projected, thanks to stronger economy
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Fed’s Mester says her businesses contacts are sensing the economy is stronger than anticipated
Business contacts in the Midwest are starting to become much more upbeat about where the economy is going, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday.MarketWatch - Business -
Your Social Security benefits won’t disappear after 2035 — even if Congress doesn’t act
The average monthly payment in 2036 will be $2,077 — versus $1,907 now.MarketWatch - Business -
Company insolvencies jump; Royal Mail takeover would face security review; energy cap to fall in July – business live
Tesla’s chair discusses upcoming shareholder votes on relocating to Texas and Elon Musk’s $56bn pay deal. Rishi Sunak and Akshata Murty rise up rich list as fortune increases by £120mBritish asylum housing tycoon breaks into Sunday Times rich ...The Guardian - World -
OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
OpenAI has dissolved its Superalignment team amid the high-profile departures of both team leaders, Ilya Sutskever and Jan Leike.CNBC - Business -
OpenAI dissolves team focused on long-term AI risks less than one year after announcing it
OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced the group, a person familiar with the situation confirmed to CNBC on Friday.NBC News - Top stories -
UK councils win power to auction off shops vacant for more than a year
Landlords face hit to their rents from scheme that seeks to deal with blight of boarded-up high streetsFinancial Times - World - United Kingdom -
Social Security’s annual report is terrible news for seniors
The revised forecast doesn’t mean we can worry lessMarketWatch - Business -
Social Security’s COLA could be 3.2% in 2025
The average cost-of-living adjustment over the last 20 years has been about 2.6%, according to the Senior Citizens LeagueMarketWatch - Business -
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
Global Economy Will Grow More Than Expected, U.N. Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business
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