Category: USA
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The 17 Trillion Dollar Question: Economists Clash Over Trump’s Estimated Global Investment Figures
Amid mounting debate, economists are divided over the accuracy and implications of former President Donald Trump’s claimed $17 trillion in global investments. Trump’s assertions suggest a substantial footprint across international markets, yet…
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Senior Taxpayers Aged 65+ Can Claim Additional $6,000 Deduction in 2025
Starting in the 2025 tax year, senior taxpayers aged 65 and older will have the opportunity to claim an additional $6,000 deduction on their federal tax returns, a move designed to provide…
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Two-Thirds of Americans Fear Outliving Their Savings More Than Death
Nearly two-thirds of Americans express a greater fear of outliving their retirement savings than of death itself, according to a recent survey conducted by [Fidelity Investments](https://www.fidelity.com/about-fidelity/press-room/press-releases/fidelity-survey). This growing concern underscores the shifting…
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Government Announces Free TV Licence Extension for 2025 – Find Out if You Qualify Now
The government has announced a significant extension to the free TV licence scheme, extending eligibility for all qualifying pensioners and low-income households through the end of 2025. This move aims to provide…
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Wealthiest Americans in the Top 1% Expected to Gain $5,000 in Net Income from New Tax Changes
The nation’s wealthiest Americans are poised to see an average increase of approximately $5,000 in their net income following recent tax policy adjustments enacted by Congress. This shift, driven primarily by changes…
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Washington D.C. Maintains Leadership as Highest Minimum Wage at $17.95 per Hour
Washington D.C. continues to set the standard for minimum wages nationwide, maintaining its position as the U.S. city with the highest mandated hourly wage at $17.95. The district’s recent adjustments, effective from…
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Five Thousand Dollar Checks Depositing into Bank Accounts Next Week for Selected Group
Next week, a select group of individuals will see deposits of $5,000 directly into their bank accounts, marking a significant financial event for those eligible. The payments are part of a targeted…
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Government Shutdown Begins: Official Agency-by-Agency Breakdown of Essential and Non-Essential Services — Social Security, IRS, Defense, TSA, and More
The federal government has officially entered a shutdown after congressional negotiations failed to reach a funding agreement by the midnight deadline. Thousands of federal employees face furloughs, and many government services operate…
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Amazon’s 1.1 Billion Dollar Investment Boosts Fulfillment Workers’ Average Pay to Over Twenty-Three Dollars per Hour
Amazon has announced a significant $1.1 billion investment aimed at increasing wages for its fulfillment center workers across the United States. This strategic move elevates the average pay for these employees to…
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Social Security Fairness Act 2025: Eligibility, Payment Dates, and Check Amounts
The Social Security Fairness Act 2025 aims to address longstanding disparities in retirement benefits for millions of Americans. The legislation proposes significant reforms, including the elimination of the current windfall elimination provision…
Recent Posts
- Millionaires Face Higher Social Security Tax: Maximum Earnings Subject to Tax Rise to Three Hundred Thousand Dollars
- U.S. Implements New Driving License Requirements for Seniors Starting October 2025 — Key Updates for Drivers Aged 70 and Older
- U.S. Minimum Wage Increase for 2025: Updated Hourly Pay Rates Effective October 4
- Significant SSI Increase: Federal Monthly Payments for Individuals Rise to $967 in January 2025
- Canada Implements New Driving License Regulations for Seniors Over 70 Beginning October 2025