‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy

While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances. Experts seem to agree the US economy has been on the upswing in 2024. A wave ...

World - The Guardian - 21 hours ago

Trump's Social Security plan could lead to 33% benefits cut: Analysis

Donald Trump's plans could undermine Social Security's financial stability and lead to a large benefits cut, nonpartisan think tank says.

Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix

World - Financial Times - 5 days ago

Americans eye the economy from kitchen tables and hourly jobs as they plan their votes

Some Americans are voting for their wallets.

Tim Scott: Americans aren’t talking about fluoride

Sen. Tim Scott (R-S.C.) argued that Americans aren’t talking about fluoride ahead of the election, even as former President Trump and former presidential candidate Robert F. Kennedy Jr. brought it ...

Politics - The Hill - 16 hours ago

I’m single, retired and saved $2.3 million, but I’m still planning to take my Social Security early. Is that a stupid decision?

“If I take it now, my monthly distribution will be $2,500.”

Business - MarketWatch - 2 days ago

The US economic boom is a mirage

Its lopsided, brittle quality helps explain why so many Americans will cast votes in anger

World - Financial Times - Yesterday

Child benefit reform plans scrapped

A planned move to a system where claims are based on household income, rather than an individual's, will not go ahead.

Hong Kong’s IPO market could benefit from robo-vehicle boom

If Horizon reaches its $696mn target, it would be the city’s largest initial public offering this year

World - Financial Times - October 16

Is the US jobs market still booming?

Market Questions is the FT’s guide to the week ahead

World - Financial Times - October 27

Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound

Morgan Stanley rounds off strong earnings season

Business - Financial Times - October 16

The next U.S. president could inherit a booming economy. That's a daunting challenge.

Vice President Kamala Harris and Donald Trump both made the economy a focus of their campaign platforms since voters rank it a top priority.

Business - CNBC - 2 days ago

How the U.S. economy became so hostile to parents — and who benefits

The financial strain felt by families is not the result of individual choices. Rather, experts told MarketWatch, it reflects an economy that isn’t adequately supporting families and may be actively ...

Business - MarketWatch - October 19

The Diamondbacks are facing a climate problem. They aren’t alone among US sports teams

As the threats of climate change continue to become realities in new and sometimes terrifying ways, more and more teams and leagues will have to address the problem. The Arizona Diamondbacks have a ...

World - The Guardian - October 16

We're hiking our price target on an industrial whose earnings benefit from AI data center boom

Given Eaton stock's year-to-date outperformance, it's not too surprising to see some profit taking on the mixed print.

Business - CNBC - 4 days ago

AI, Aging and Shifts Globalization Will Shock the American Economy

The combination of an aging work force, artificial intelligence and shifts in globalization will challenge America in ways not seen in decades.

Top stories - The New York Times - October 17

Girl’s life saved by pioneering rare diseases study

Diagnosis of Jaydi's genetic disorder led to life-changing treatment, says her mum.

The Blessed Madonna: 'Rave degenerates saved my life'

The DJ was warned off rave culture by her family, but says the people she met changed her forever.

Vote with your ballot, not your life savings

History shows us that markets move forward regardless of who wins US elections

World - Financial Times - October 29

Some workers qualify for a maximum Social Security retirement benefit. But even people with moderate earnings can increase their checks

A 2.5% cost-of-living adjustment in 2025 will push Social Security benefits up for all beneficiaries, including high earners.

Business - CNBC - October 17

It’s localization, not globalization, for the health of the US economy

The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...

Politics - The Hill - October 17

Benjamin Button’s clues for the US economy

Conditions are reverting to a time of solid, sustainable growth

World - Financial Times - 6 days ago

Trump and Harris pledged to save Social Security. Here's what they'll do.

Vice President Harris and former President Trump have both vowed to protect Social Security, but experts say both of their campaign platforms fall short of specific solutions for a program that ...

Politics - The Hill - October 23

Shake-out for US health insurers looms as government boom ends

Long term, the trends remain in insurers’ favour but there are volatile times ahead

World - Financial Times - October 22

Which tactics have football teams used to benefit from their pitches? | The Knowledge

Plus: stands delivered from one club to another; Erling Haaland denied; and a brutal time for Ängelholms FF . Mail us your questions or tweet @TheKnowledge_GU “Pakistan caused a stir in ...

World - The Guardian - October 23

Microsoft Copilot AI use extends deep into corporate America, but companies aren’t 100% sold

Microsoft Copilot AI adoption within corporate America is growing rapidly, but many companies are still unsure about the costs, a new CNBC survey finds.

Business - CNBC - 6 days ago

Treasury confirms plans for inflation-busting rise in UK social housing rents

Rachel Reeves also announces £500mn cash boost to promote building of affordable homes

Business - Financial Times - October 25

More Americans favor Trump for their personal finances and the economy: Poll

More Americans think the economy would fare better under former President Trump than Vice President Harris in a new survey, even as many economists say they expect higher inflation and slower ...

Politics - The Hill - October 15

Housing, Tariffs and Debt: Four Experts Debate How to Fix the American Economy

One set of writers on the left and another on the right lay out competing visions for what the next president should do.

Top stories - The New York Times - October 23

Election anxiety is scrambling Americans’ travel plans

Concerns about potential political unrest and economic fallout in the weeks around Election Day are reshuffling vacation dates, holiday plans and business trips.

Politics - NBC News - October 26

Labour will reform benefits system to save £3bn, says minister – UK politics live

‘We will not go ahead with the Tory plan,’ Alison McGovern says, adding: ‘We will bring forward our own reforms’. Rachel Reeves is considering raising the tax on vaping products in her budget ...

World - The Guardian - October 18

Health savings accounts offer investors 'unmatched' tax benefits, expert says. Here's how to take advantage

Health savings accounts offer tax and saving benefits, but most Americans don't understand them

Business - CNBC - October 23

UK savings plans overhauled with planned pension tax changes

Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regime

Business - Financial Times - 4 days ago

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

Ambulance's drug could have saved Novichok victim's life

The Novichok victim was initially misdiagnosed, which meant a live-saving drug was not administered.

Hasselhoff says co-star 'saved my life four times'

Michael Newman, who has died aged 68, was a real lifeguard as well as acting in the 1990s TV series.

'I married the train driver who saved my life'

Charlotte Lay was then able to save her husband's life by helping him get a cancer diagnosis.

WATCH: Penguin who could barely walk gets life-saving surgery

An endangered baby African penguin named Iggie is now “thriving,” according to veterinarians at the California Academy of Sciences.

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