The S&P 500 made history by trading above 6,000 for the first time, while the Dow Jones Industrial Average surged above 44,000 following Donald Trump’s election and the Federal Reserve’s interest-rate cut. These milestones resulted in the large-cap benchmark index reaching a new record high, showcasing the impact of significant events on the stock market.
Full Article
Social Security: This Hidden Threat Could Cost the Average Retiree $4,440 Per Year
Social Security is vital for about 16 million seniors, preventing poverty annually, but faces challenges such as potential benefit cuts and a significant loss of buying power that could cost retirees over $4,000 each year. This uncertainty raises concerns about the program's future effectiveness as a financial lifeline for many Americans. Explain It To Me Like I'm 5: Social Security helps many older people in America have enough money to live, but there are worries...
Read more