Nintendo on Wednesday said it will allow current Switch games to be played on the hit console’s successor as it looks to drum up excitement among its current user base for the highly-anticipated device. Shares of Nintendo closed 5.8% higher in Tokyo on Wednesday, after the announcement. “Investors think this is...
A new government will take office in the White House early next year, pending the outcome of next week’s presidential election, and one of the first challenges it will face will be Social Security. Despite an imminent funding cliff that could result in...
Last month, the Social Security Administration shared some news that millions of seniors have been waiting for -- an official 2025 cost-of-living adjustment, or COLA. Benefits will be rising 2.5% at the start of the new year. And while that's certainly...
A UK pension fund has become the first in the country to add Bitcoin (BTC) to its portfolio. In a press release on Monday, the pension advice firm Cartwright said it had recommended a 3% Bitcoin allocation to an unidentified client,...
Total consumer debt reached an all-time high of $17.7 trillion in the second quarter of 2024, while Americans’ pandemic-era excess savings were depleted by March, according to the consulting firm Deloitte. Its report states that the strength of the U.S. consumer...
With the arrival of November, Social Security disability beneficiaries in the United States are preparing to get important updates in their payments. On this occasion, an increase in the amount to be delivered to those who get these benefits is anticipated, which generates positive expectations among those who depend on this financial support....
Social Security is one of the biggest topics of debate in politics these days. Without a substantial change to the program, the Social Security Administration will have to cut benefits for tens of millions of retirees. With just two months left in 2024, it's unlikely Congress is capable of making...
People are using artificial intelligence for tasks like writing and editing resumes and cover letters — and even to get personal finance advice. While some of those insights can be valuable, financial advisors caution that AI shouldn’t be your only resource. A new report by Experian found that 67% of polled Gen Zers and 62% of...
Americans will be able to sock away more in their workplace retirement plans, before taxes, in 2025. The IRS said on Friday it increased the annual employee deferral limit to $23,500, from $23,000 in 2024, for workplace plans, including 401(k)s, 403(b)s, governmental 457 plans and the federal government’s Thrift Savings...
Not all workers retire on the same date. Consequently, Social Security divides payments between those who began collecting retirement benefits before May 1997 and those who didn’t. Another interesting thing is the fact that those retirees who have a low income and no...
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