Supplemental Security Income (SSI) has been providing financial assistance to individuals with disabilities and older adults for the past 50 years. When the program was first implemented in 1974, the monthly benefit payments were around $140 for individuals and $210 for couples. Fast forward to 2024, the maximum monthly benefit has increased to $943 for
In a groundbreaking announcement, Apple and Affirm revealed that Apple device users will soon have access to buy now, pay later loans through the Affirm platform. This strategic partnership between the tech giant Apple and the fintech company Affirm is set to revolutionize the way consumers make purchases and manage payments. Affirm will be integrated
Many people are aware of the rising costs of buying a home in the U.S., but what often catches buyers off guard are the additional expenses involved in keeping and maintaining a home. According to a recent report by Bankrate.com, the “hidden costs” of homeownership amount to an average of $18,118 annually, or $1,510 a
The United Auto Workers President, Shawn Fain, is currently under investigation by a federal court-appointed watchdog named Neil Barofsky. The monitor is responsible for monitoring the union and eliminating corruption. The investigation revolves around allegations of Fain abusing his power as union president. Moreover, there are accusations that union leaders, including Fain, have obstructed the
A recent panel of independent advisors to the Food and Drug Administration recommended the approval of Eli Lilly’s Alzheimer’s drug donanemab. This comes as positive news for the more than 6 million Americans living with Alzheimer’s, as it would provide another treatment option for those suffering from the disease. The recommendation, if followed by the
The current state of the housing market in the United States shows that home equity is nearing all-time highs. In the first quarter of 2024, total home equity for U.S. mortgage holders reached over $17 trillion, just slightly below the previous record set in the third quarter of 2023. The average equity per borrower also
Delta Air Lines recently announced its plans to introduce premium economy service to its transcontinental flights starting in September. This move is part of the airline’s strategy to cater to customers who are willing to pay more for additional space and perks while flying. Premium economy is positioned between first or business class and standard
The stock market has always been prone to crashes throughout history, with certain elements coming into play to create the perfect storm. One of these elements is a frothy stock market, where prices are inflated and soaring, setting the stage for a potential downfall. In past crashes like the Panic of 1907 and the crash
GameStop experienced a significant setback as its shares plummeted by approximately 12% on Monday. This decline followed an even more drastic drop of nearly 40% the previous Friday. The catalysts for this downward spiral were attributed to a combination of lackluster financial results and a disappointing livestream presentation by Keith Gill, commonly known as Roaring
Living and working abroad as a U.S. citizen while needing to file taxes can be a complex process. The regular tax deadline for most taxpayers was April 15th, but there is an automatic two-month extension to June 17th for U.S. citizens residing outside the country. This extension also applies to resident aliens, including dual citizens.