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The landscape of Social Security benefits remains a pivotal concern for retirees across the nation, particularly as inflation continues its relentless climb. The anticipated 2.5% increase in Social Security benefits for 2025, while a positive development, marks the smallest adjustment since 2021. With an average monthly increase of approximately $50, many retirees are now questioning
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In a significant move that reverberated across financial markets and consumer behaviors, the Federal Reserve declared on Wednesday that it would maintain its current interest rates amid persisting inflationary pressures that exceed its target of 2%. This decision not only reflects the central bank’s cautious approach to monetary policy but also aligns with broader economic
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The discussion surrounding tariffs has gained immense prominence in the discourse of American trade policy, particularly during the administration of former President Donald Trump. The promise to impose tariffs was a hallmark of his campaign, and after taking office, the vigor with which he pursued this agenda became evident. As of February 1, significant tariffs
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In a somber turn of events earlier this week, air travel safety was reverberating through the aviation community following a catastrophic collision between an Army Black Hawk helicopter and an American Airlines regional jet. The incident, which occurred just moments before the plane’s landing at Ronald Reagan Washington National Airport, resulted in the tragic loss
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In an age defined by rapid technological progress and fierce competition, a new player in the artificial intelligence (AI) domain has emerged, capturing the attention of industry giants and reshaping the conversation around innovation and efficiency. DeepSeek, a new startup hailing from China, has unleashed its R1 model, reportedly a cost-effective and highly efficient AI
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As 2025 unfolds, the initial public offering (IPO) arena has seen over a dozen new listings already, marking an intriguing start to the year. However, despite this activity, the market has exhibited a rather lackluster response to these launches. The recent IPOs have not ignited the anticipated investor enthusiasm, leaving industry observers to speculate on
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In a recent interview, DoubleLine Capital CEO Jeffrey Gundlach provided insightful commentary on the trajectory of interest rates heading into 2025. His predictions, articulated on CNBC’s “Closing Bell,” illustrate a cautious stance regarding future Federal Reserve rate adjustments. According to Gundlach, the chance of only a single rate cut is probable, with two being the
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