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Economy

How much will Social Security benefits increase in 2025? New COLA revealed

New Yorkers will see the smallest increase in their Social Security Cost Adjustment (COLA) next year since 2021. The Social Security Administration said Thursday that the COLA will be 2.5% in 2025, down from the 3.2% increase in 2024. The…

NASA launches space mission to Jupiter moon in search of life | Space News

Europa Clipper is on its way to Jupiter’s moon Europa, where there is probably an ocean beneath the surface. The Europa Clipper spacecraft is on a nearly six-year, 3 billion-kilometer (1.8 billion-mile) mission to find out whether conditions on Jupiter’s…

Boeing factory strike passes 1-month mark as pressure mounts on CEO

Members of the Boeing Machinists union demonstrate outside a Boeing factory in Renton, Washington, on September 13, 2024. Stephen Brashear | Getty Images It’s been a little over a month, since more than 30,000 Boeing Machinists walked off the job…

Research on wealth differences leads to the Nobel Prize in Economics

The Nobel Prize in Economic Sciences was awarded Monday to Daron Acemoglu, Simon Johnson and James A. Robinson for their research on the role of social institutions in shaping economic growth. Her work provides insights into why countries with weak…

The Nobel Prize in Economics is awarded to U.S.-based economists for their work on prosperity

The Nobel Committee announces the winners of the 2024 Nobel Prize in Economic Sciences during a press conference at the Karolinska Institute in Stockholm, Sweden, October 14, 2024. The 2024 Nobel Prize in Economic Sciences was awarded to Daron Acemoglu,…

Georgia poll workers settle defamation lawsuit against conservative website

ATLANTA (AP) — Two Georgia election officials have reached an agreement in their campaign Libel lawsuit against a Missouri-based conservative website falsely accused her Fraud in the 2020 presidential election, a court filing said earlier this week. The lawsuit against…

Flight 5 includes a booster capture attempt

SpaceX launched its fifth test flight of its Starship rocket on Sunday, pulling off a dramatic first catch with the rocket’s launch vehicle system more than 20 stories high. Elon Musk’s company launched Starship at 8:25 a.m. ET from its…

United plans flights to Greenland, Mongolia and Bilbao

United aircraft are seen at Newark Liberty International Airport in Newark, USA on July 16, 2024. Jakub Porzycki | Photo only | Getty Images United Airlines is planning an international expansion spanning Senegal to Mongolia and Greenland to Palau in…

Boeing will cut 17,000 jobs as losses mount during factory strike

Boeing 737 MAX aircraft are pictured at the company’s factory in Renton, Washington, Thursday, Sept. 12, 2024. Stephen Brashear | AP Boeing will cut 10% of its workforce, or about 17,000 people, as the company’s losses mount and a machinists’…

Social Security Recipients Will Receive a 2.5% COLA Increase in 2025

WASHINGTON (AP) — Millions of Social Security recipients are getting one 2.5% higher cost of living for their monthly checks starting in January, the Social Security Administration announced Thursday. The Cost of Living Adjustmentor COLA, for retirees means an average…