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Changes Coming to Social Security Benefits Next Year

Changes Coming to Social Security Benefits Next Year

Many changes are coming to Social Security benefits in 2015 that will give retirees larger checks and benefit statements for some workers, according to US News. Next year, Social Security recipients will receive 1.7% larger checks due to a cost-of-living adjustment. This will result in an average of $22 more per month for the average retiree, increasing the average monthly ... Read More »

Social Security Benefits to Increase 1.7% in 2015

Social Security Benefits to Increase 1.7% in 2015

The U.S. government will raise benefits for Social Security beneficiaries by 1.7% in 2015, the Social Security Administration said today. This is the third consecutive year in which the increase will be under 2%. The agency said it expects to send out checks to about 64 million people next year, most of whom are pensioners. The average monthly payment to ... Read More »

Appleā€™s iPhone Record Sale Lead to a $42 billion Revenue

Appleā€™s bestseller performance

The iPhone has once more proven to be behind Appleā€™s bestseller performance after quarterly results surpassed expectations. The excitement that came with the new iPhone 6 as well as the 6 Plus models generated sales of over 39.3 million iPhones in the last quarter. This was a new record for the months between July and September. Apple however made disappointing ... Read More »

World Stocks Have Advanced On Strong US Data And Earnings

Stocks Have Advanced On Strong US Data And Earnings

The global stocks did climb on Monday, with a strong US data. This has encouraged the third quarter earnings hence easing the concerns about the global economic recovery pace. This has also raised the appetite for riskier assets. The MSCI world equity index .MIWD00000PUS was up by 0.3% by 4.21 a.m. EDT. This tracks shares in 45 countries. The MSCI ... Read More »

CFPB Issues Report Criticizing Private Student Loan Lenders, Vows Action

CFPB Issues Report Criticizing Private Student Loan Lenders, Vows Action

This week, the Consumer Financial Protection Bureau issued a new report saying that private student loan lenders are not doing enough to keep struggling borrowers from defaulting. This comes after the bureau’s annual analysis of complaints it has received from consumers about private student loans. The CFPB reported a 38% jump in private loan complaints over the last twelve months. ... Read More »

2014-2015 Acura MDX Recalled Over Faulty Front Seatbelts

Acura MDX Recalled Over Faulty Front Seatbelts

On Monday, Honda Motor Co said it is recalling 43,000 Acura luxury vehicles in the United States to repair faulty front seat belts. According to Honda, the front seat belts on the 2014 Acura RLX sedan and the 2014-2015 Acura MDX crossover may not release from the retracted position in temperatures below 0 degrees Fahrenheit. 7,000 Acura RLX sedans and ... Read More »

Gold Price Reaches 4-Week High as Stocks Drop

Gold Price Reaches 4-Week High as Stocks Drop

Gold futures rose to the highest price in almost four weeks over concern that economic growth is slowing, increasing demand for a haven asset. Gold prices retained gains on Tuesday. A sell-off in the stock market made gold-backed exchange-traded funds (ETFs) more attractive to investors for the first time this month after heavy sell-offs. Spot gold reached $1,234, remaining near ... Read More »

Mercedes Has Recalled The 2015 C-Class Model Over A Steering Issue

Photo: inautonews

Mercedes Benz has indeed invested a great deal in their 2015 C-Class launch. While this vehicle may have just started winning over customers around the globe, the maker has just recalled over 10,500 units of the US market C-Class. They have been recalled over a suspicion of a squeaky steering when that will not turn properly, hence increasing the risk ... Read More »

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