A Pressure To Keep Posting Annual Updates For Social Security

“If you’re 65, it’s almost impossible to fix something that happened 30 years ago,” said Mr Certner. The outlook for the legislation is unclear. A similar measure introduced last year has failed to move forward, and Congress is currently busy with major legislation like President Biden’s infrastructure spending bill. Here are some questions and answers …

Arctic Sea Ice Is At Annual Lowest, But Not As Low As In Recent Years

Sea ice in the Arctic Ocean has reached its minimum size following the summer melting season, and coverage is not as low as it has been in recent years, scientists said on Wednesday. The National Snow and Ice Data Center at the University of Colorado estimated that the minimum level was most likely reached Thursday, …

Jerome Powell speaks at the Fed’s closely watched annual conference.

Speaking at an annual conference hosted by the Kansas City Fed on Friday, Federal Reserve chairman Jerome H. Powell signaled that the central bank may begin to pull back some support for the economy this year as the job market recovers from the pandemic. Mr. Powell explained that he thinks the Fed has made sufficient …

What can be expected from Jerome Powell’s speech at the Fed’s annual meeting?

Credit…Kevin Lamarque/Reuters Expectations that Federal Reserve Chairman Jerome H. Powell will say on Friday as he addresses the central bank’s most important annual meeting have changed drastically in a matter of weeks. Investors initially expected Mr. Powell to use his remarks at the Jackson Hole economics symposium to lay out his plan to “thin” or …

UK’s Annual Inflation Rate Jumps To 2.5%

UK’s annual inflation rate It rose 2.5 percent in June, beating economists’ expectations, according to data released Wednesday. British pound and government bond yields rose as investors weighed how the central bank would eventually respond to the continued rise in prices. The speed was the highest since August 2018. Following the 2016 Brexit referendum, the …