Supplemental Security Income (SSI) has been providing financial assistance to people with disabilities and older adults for the past 50 years. Initially offering monthly benefits of $140 per individual or $210 per couple in 1974, the program has since increased the maximum monthly benefit to $943 for individuals and $1,415 for eligible couples by 2024.
The cost of buying a home has always been a significant investment in the U.S. However, what many potential buyers fail to realize is that the expenses don’t stop at the purchase price. In fact, the “hidden costs” of homeownership have become a substantial financial burden for many individuals in the country. According to a
The recent investigation into United Auto Workers President Shawn Fain by federal court-appointed watchdog Neil Barofsky has raised significant concerns over potential corruption within the union. The accusations include claims that Fain abused his power as union president and obstructed the investigation process. Furthermore, there are allegations of retaliation by Fain against one of the
The much-anticipated retheme of Splash Mountain at Walt Disney World Resort into Tiana’s Bayou Adventure is finally nearing completion. This transformation, which was first announced four years ago, promises to immerse guests in the world of Disney’s “Princess and the Frog” as they journey through the swamps of New Orleans. The ride features beloved characters
Living and working abroad can be an exciting adventure, but it also comes with certain responsibilities, including filing taxes. For U.S. citizens and resident aliens residing outside the country, the deadline for filing 2023 taxes is quickly approaching. While the regular tax deadline was on April 15 for most taxpayers, there is an automatic two-month
The recent recommendation from a panel of independent advisors to the Food and Drug Administration (FDA) to approve Eli Lilly’s Alzheimer’s drug donanemab is a significant development in the field of neurodegenerative diseases. This decision paves the way for the treatment to potentially receive full approval in the U.S. later this year, offering a new
GameStop took a hit as its shares plummeted by 12% on Monday, following a significant decline of almost 40% on Friday. The drop was triggered by a dismal earnings report, which revealed a 29% decrease in sales in the first quarter. The company’s stock fell to about $25 per share as investors reacted negatively to
In a move to cater to high-spending travelers seeking more comfort and amenities during their flights, Delta Air Lines has announced the introduction of premium economy service on its transcontinental flights starting in September. This decision marks a significant shift in the airline industry’s strategy to boost revenue amidst a challenging market landscape. Premium economy,
As a renowned expert in stock market crashes, the question of when the next crash will occur is a common one. A crash is typically the result of several key elements aligning in the market. Firstly, a frothy stock market tends to precede a crash. Historical data shows that some of the biggest crashes followed
As of the first quarter of 2024, total home equity for U.S. mortgage holders reached over $17 trillion, just short of the all-time high set in the previous year. Data from CoreLogic indicates that the average equity per borrower has increased by $28,000 to approximately $305,000. This substantial rise in wealth represents a nearly 70%