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2024-10-04 12:45:03

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Summary of Employers added 254,000 jobs in September, far exceeding forecasts
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The US employment report shows a significant increase in job additions, exceeding economists' forecasts, which may influence the Federal Reserve's decision on interest rates.

2024-09-09 21:43:01

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Summary of Here's how much your Social Security benefits could fall without a fix
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Social Security is edging closer to a financial cliff that could eventually lead to sharp benefit cuts for 70 million Americans, with a typical couple facing an annual payment reduction of $16,500 in 2033, according to a recent analysis from the Committee for a Responsible Federal Budget. A middle-income single worker would see their benefits cut by $8,200 per year, according to the group.

2024-09-09 21:43:01

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Bullet points of Here's how much your Social Security benefits could fall without a fix
- The Social Security trust fund is projected to be depleted by 2033, leading to an automatic 21% cut to beneficiaries' monthly checks.
- The average Social Security monthly benefit is $1,907, and 4 in 10 seniors live solely on this benefit.
- Experts warn that Social Security cuts could lead to a spike in poverty rates for older Americans.
- Lawmakers have proposed various fixes, including lifting the income cap on Social Security taxes and hiking the U.S. retirement age to 70.

2024-09-03 19:11:50

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Summary of Southwest brings back Companion Pass buy-one, get-one-free promotion
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Southwest Airlines is offering a limited-time Companion Pass promotion, allowing Rapid Rewards members to fly for free when they purchase a ticket for themselves. The promotion is available for a limited time and is only available to Rapid Rewards members who purchase or redeem points for airline tickets. To qualify, members must register and book flights between September 3-5 for travel between January 6, 2025, and March 6, 2025. The Companion Pass is a popular deal that allows members to experience one of the many benefits of the airline's award-winning Rapid Rewards program.

2024-09-03 19:11:50

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Bullet points of Southwest brings back Companion Pass buy-one, get-one-free promotion
- The promotion is available for a limited time and is only available to Rapid Rewards members who purchase or redeem points for airline tickets.
- To qualify, members must register and book flights between September 3-5 for travel between January 6, 2025, and March 6, 2025.
- The Companion Pass is a popular deal that allows members to experience one of the many benefits of the airline's award-winning Rapid Rewards program.

2024-09-02 13:17:11

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Summary of Electricity prices are on the rise. Is it inflation or an underlying issue?
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Rising electricity costs and heat records have led to energy poverty, with 16% of US households unable to afford utilities. The cost of electricity has increased by 28.5% since 2019, with the average American paying nearly $300 a month. Experts say clean energy is a long-term solution to alleviate the issue, but better policy and funding are needed to ensure an affordable transition.

2024-08-29 17:59:50

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Summary of Dollar General struggles as customers cut back on discretionary spending
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Dollar General lowered its sales and profit forecast for the year due to disappointing sales, partly attributed to low-income shoppers feeling financially constrained. The company is continuing its turnaround plan, but same-store sales are now expected to rise 1% to 1.6%, down from 2% to 2.7% previously forecasted.