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Social Security recipients have been receiving significant cost-of-living adjustments (COLAs) over the past few years, thanks to record-high inflation. However, a much smaller increase is expected in the upcoming year. According to Mary Johnson, an independent analyst focused on Social Security and Medicare, beneficiaries may see only a modest 2.5% raise in 2025 based on recent inflation data. Both analyses from @Seniors_League and retired analyst Mary Johnson predict a 2.5% cost of living adjustment.https://t.co/EUTjolPgXg — 401k Specialist Magazine (@401kspecmag) September 11, 2024 In 2024, more than 71 million Americans, including those receiving Social Security and Supplemental Security Income (SSI), experienced…
Neighbors of a Kentucky man accused of shooting five drivers on a rural highway have shared alarming accounts of his escalating threats in the community. Joseph Couch, 32, is currently on the run after opening fire on Interstate 75 this past Saturday. Residents from Gray, Kentucky, describe him as someone whose behavior had grown increasingly hostile, with numerous threats made to those living nearby. One neighbor recounted a chilling encounter where Couch pointed a rifle at him and his 9-year-old daughter, threatening their lives. #BREAKING : I-75 gunman in Kentucky sent text messages to his ex-wife minutes before shooting, according…
A 34-year-old man from San Bernardino County has been arrested in connection with a destructive wildfire that has ravaged more than 33,000 acres since it ignited late last week. The man, identified as Justin Wayne Halstenberg from Norco, is believed to have started the fire on September 5 near Baseline Road and Alpin Street in Highland, according to authorities from the San Bernardino County Sheriff’s Department. Police have arrested a 34-year-old man on suspicion of arson in connection to California’s line fire, which has been ravaging areas east of Los Angeles for a week. @MelissaABCNews reports pic.twitter.com/gzzn9kjYt8 — ABC News…
The U.S. inflation rate rose 0.2% in August, matching both July’s increase and economists’ predictions. On a core basis, which excludes volatile food and gas prices, inflation climbed by 0.3% from the prior month and 3.2% compared to last year. While inflation is cooling, it remains above the Federal Reserve’s 2% annual target, raising questions about the Fed’s next steps on interest rates. U.S. inflation print expected to tee up first Fed interest rate cut this month pic.twitter.com/vjcJyS8Jra — Jaz Grewal (@jazmortgage) September 11, 2024 Fed Chair Jerome Powell had previously indicated that a rate cut was likely during the…
After more than a century of being synonymous with its iconic red-and-white soup cans, Campbell’s Soup Company is officially dropping the “Soup” from its name. The company is rebranding as “Campbell’s Company” to better align with its evolving product lineup, which now spans far beyond soup. CEO Mark Clouse emphasized that while soup remains a core part of the business, Campbell’s has grown into a diverse food company, offering a wide array of products that have gained significant market traction. Campbell Soup Company To Change Its Name | Today’s KOOL 105.5 https://t.co/mIekAWofYS pic.twitter.com/HPNOfHDY5g — KOOL 105.5 (@1055online) September 11, 2024…
In the industrial heart of South Memphis, a new factory owned by Elon Musk is rapidly taking shape, with the goal of housing the “world’s largest supercomputer.” This project, named “Colossus,” is intended to support Musk’s artificial intelligence company, xAI, which aims to “understand the universe” and accelerate human scientific discovery. However, its swift development and the secrecy surrounding it have stirred anxiety among local residents and environmental advocates. #ElonMusk’s xAI #supercomputer stirs turmoil over smog in #Memphis A massive project headed by Elon Musk in Memphis, Tenn., to power AI has moved at breakneck speed. But it’s stirring controversy…
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