Millions of retirees on Social Security will get a big 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation under President Joe Biden’s leadership. The COLA, as it’s commonly called, amounts to an added $92 a month for the average retired worker, according to estimates Wednesday […]
Blaming crime spree, Walgreens closes more San Fran stores
Walgreens said Tuesday that it will close five more stores in San Francisco next month because of organized retail theft in another blow to a city that has earned an embarrassing reputation for widespread and brazen shoplifting. The stores will close down next month, SFGATE reported. It said Walgreens has closed at least 10 stores […]
Jeopardy champion ends history-making run
All good things must come to an end and Matt Amodio’s historic run on “Jeopardy!” did just that on Monday’s show, leaving the Yale doctoral student with 38 wins and more than $1.5 million in prize money. Amodio failed to answer the Final Jeopardy! clue correctly and came third on Monday’s show, his streak cut […]
Stocks wobble as investors await updates on inflation, corporate earnings
Stocks wobbled in morning trading on Wall Street Tuesday as traders wait for more data on inflation and corporate earnings this week. Prices spiked this summer, and the annualized rate of inflation peaked at 5.4 percent in July, according to the Department of Labor. The Labor Department’s most recent report, from early September, found that […]
Capone’s family auctions his belongings, cashes in
Al Capone may have died nearly 75 years ago but it’s clear interest in the infamous Chicago gangster is very much alive after some of his prized possessions were auctioned off over the weekend for at least $3 million. The Chicago Tribune reports that Capone’s family sold several of his belongings, including what was billed […]
US-based economists win Nobel Prize for these findings on wages…
A U.S.-based economist won the Nobel prize in economics Monday for pioneering research that transformed widely held ideas about the labor force, showing how an increase in the minimum wage doesn’t hinder hiring and immigrants do not lower pay for native-born workers. Two others shared the award for creating a way to study these types […]
This beach reopened amid California’s oil spill cleanup
A Southern California beach that was closed more than a week ago because of a leak of crude oil from an undersea pipeline reopened on Monday, far sooner than many expected, City and state beaches in Huntington Beach reopened after water quality tests revealed no detectable levels of oil associated toxins in the ocean water. […]
Poll shocker: Large majorities concerned over cyberattacks
Most Americans across party lines have serious concerns about cyberattacks on U.S. computer systems and view China and Russia as major threats, according to a new poll. The poll by The Pearson Institute and The Associated Press-NORC Center for Public Affairs Research shows that about 9 in 10 Americans are at least somewhat concerned about […]
Hillary Clinton writes a new kind of book
Hillary Clinton’s public profile has ebbed and flowed since her embarrassing loss in 2016. She laid low during President Joe Biden’s campaign in last year’s general election, but now she’s entered the spotlight again — not for her silence on Afghanistan, but for her new novel. Clinton is calling the novel State of Terror. She […]
Facebook unveils new controls after Congress testimony
Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features including prompting teens to take a break using its photo sharing app Instagram, and “nudging” teens if they are repeatedly looking at the same content that’s not conducive to their well-being. The Menlo Park, California-based Facebook is also […]
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