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Social Security now expected to run short on funds in 2035, one year later than previously projected, Treasury says
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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 -
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 -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
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 -
30-year Treasury yield falls for 3rd straight week after data indicate ‘serious headwinds’ for U.S. economy
Rates on U.S. government debt finished slightly higher on Friday even after new Conference Board data pointed to softer economic conditions ahead. However, yields finished lower for the week, with the 30-year rate experiencing its third straight ...MarketWatch - Business -
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 -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
35 Years Later, the Remains Known as ‘Chimney Doe’ Have a Name and a Face
A skeleton found in the chimney of a Wisconsin music store in 1989 has been identified, relaunching a police investigation that had been dormant for decades.The New York Times - Top stories
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Media giants lean on sports as Hollywood strikes still loom over content slates
Media companies charming advertisers during the Upfront meetings let sports take center stage as content slates still suffer from last year's Hollywood strikes.CNBC - Business -
Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.CNBC - Business -
I toured Warren Buffett's hometown: Despite huge wealth, 'it's all very understated,' says 'Buffettology' author
I took a tour of Omaha, Nebraska, with "Buffettology" author David Clark to learn more about Warren Buffett's lifestyle and hometown.CNBC - Business -
How Toyota's Tacoma became king of the U.S. midsize truck market
The midsize Toyota Tacoma truck outsells rivals, including American brands. But the market is increasingly crowded with trucks from Ford, GM, and EV brands.CNBC - Business -
Trump-era tax cuts set to expire after 2025 — here's what you need to know
Several tax cuts enacted by former President Donald Trump are set to expire after 2025 without changes from Congress. Here's how it could affect your wallet.CNBC - Business