New benefit plan to help pensioners with fuel bills

About 900,000 Scots are affected by the chancellor's decision to cut universal winter fuel payments.

£100 payment to help pensioners with winter fuel cuts

Pensioners affected by cuts to winter fuel support are to get a one-off £100 payment from Stormont.

All Scottish pensioners to get winter fuel payment

Scots missing out on the benefit this year will receive extra cash in winter 2025.

Buffalo Bills Fans Buy Municipal Bonds to Help Fund New Stadium

Critics of using public money to build sports facilities dismissed the bond sale, but some of the team’s devoted followers eagerly paid in.

Business - The New York Times - November 10

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.

Winter fuel cut to put 50,000 pensioners into poverty next year

Government estimates reveal the impact of cuts to the winter fuel allowance, announced earlier this year.

Pension credit applications rise after cut in winter fuel payments

A big jump in pensioners applying for the means-tested benefit came after ministers limited winter fuel payments.

Barnier touches nerve with plan to trim French pensions

Prime minister’s money-saving proposal hits opposition, despite calls for more intergenerational fairness

World - Financial Times - November 6

Reeves in radical pension shake-up to boost growth

The chancellor wants to merge the UK's pension funds but critics worry about the impact on savers.

Rachel Reeves’ plans to reform Britain’s pensions industry

Proposals expected to lead to rapid consolidation of workplace retirement schemes and reallocation of assets

World - Financial Times - November 15

Social Security bill to expand benefits is in the hands of the Senate

The Social Security Fairness Act, which would increase benefits for 2.8 million retirees, has bipartisan support but time running out.

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 - October 31

Employers eye staff pension schemes to cut national insurance bills

More companies intend to use salary sacrifice arrangements to offset Budget tax rises

World - Financial Times - November 8

IRS increases pension and retirement plan contribution limits for 2025

2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.

Reeves plans to use £350bn council pension pot to boost UK economy

Chancellor to set out reform to fragmented local authority funds in Mansion House speech

Business - Financial Times - November 8

The Papers: Labour to 'miss homes pledge' and 'pension megafunds' plan

Concerns over housing targets and plans to make councils merge their pension funds lead the papers.

The offseason plan fueling the Cavaliers to the top of the league

The Cavaliers, with their four stars, are the NBA's best team through the first month of the season.

Sports - ESPN - November 19

Here's what to know about House bill to expand Social Security benefits

Measure that would repeal so-called "government pensions offset" has been gaining support in House.

Record numbers seek help with water bills

Some 1.6 million households were on social tariffs last year but support varies depending on where you live.

The House just voted 'yes' on a bill that would increase Social Security checks for some pensioners

Certain rules that reduce pensioners' Social Security benefits have been in place for decades. Some Washington lawmakers are voting to change that.

Business - CNBC - November 14

Alibaba’s stock turns lower as investments to meet AI demand hurt profitability

Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.

Business - MarketWatch - November 15

UK wealth managers warn Reeves over plan to levy inheritance tax on pensions

AJ Bell boss tells chancellor that ‘complex and costly’ Budget proposal will ‘undermine’ retirement savings system

World - Financial Times - 4 days ago

‘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 - November 4

Trump promised no taxes on Social Security benefits. It's too soon to plan on that change, experts say

Even with Trump win and a Republican majority, plans to nix taxes on Social Security benefits may still face hurdles.

Business - CNBC - November 6

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - November 8

Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle

President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.

Business - CNBC - November 15

How Elon Musk’s plan to slash government agencies and regulation may benefit his empire

Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

Business - CNBC - 5 days ago

‘No sign’ of promised fossil fuel transition as emissions hit new high

Despite nations’ pledges at Cop28 a year ago, the burning of coal, oil and gas continued to rise in 2024. There is “no sign” of the transition away from burning fossil fuels that was pledged by the ...

World - The Guardian - November 13

Israel-Hezbollah ceasefire takes hold, fueling new push for Gaza truce

As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."

Israel-Hezbollah ceasefire takes hold, fueling new push for Gaza truce

As Israel and Hezbollah cease fire after a year, President Biden says Palestinians in war-torn Gaza also "deserve an end of the fighting and displacement."

World - CBS News - 12 hours ago

New Lord Mayor to push pension funds to invest more in London-listed companies

Alastair King takes office in the Square Mile on Friday and says measure necessary to boost stock market

World - Financial Times - November 8

Indonesia's Prabowo plans to retire all fossil fuel plants in 15 years, but experts are skeptical

Indonesian President Prabowo Subianto has announced that his government plans to retire all coal and other fossil fuel-powered power plants within 15 years, while drastically boosting renewable ...

World - ABC News - 6 days ago

Trump is considering halting federal grants to police depts. that decline to conduct mass deportations

As Trump promises the largest mass deportation of undocumented immigrants in US history if re-elected, his team is considering withholding federal police grants from local law enforcement agencies ...

Latest in New benefit plan to help pensioners with fuel bills