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Economy
Social Security’s COLA : Reasons It’s Expected to Lag Behind the 8.7% Rise in 2023
The eagerly anticipated Cost of Living Adjustment (COLA) for Social Security benefits in 2023 is projected to fall short of the substantial 8.7% rise seen in other sectors of the economy.
Several factors contribute to this expected lag,…
Biden’s Economic Agenda Faces Headwinds Amid Looming Recession
President Joe Biden's ambitious economic agenda is encountering significant headwinds as the nation braces for the potential impact of a looming recession.
The administration's plans to address critical economic challenges, including…
China’s Business-Friendly Transformation: Opportunities for Foreign Investors
China is actively transforming its business landscape to be more conducive to foreign investors, presenting a myriad of lucrative opportunities across various sectors.
The nation's leadership has initiated a series of policy reforms and…
Biden’s Push for Lower Drug Prices Sparks Opportunity Amid Republican Opposition
Biden's drive to reduce drug prices offers potential for bipartisan collaboration amid strong Republican resistance, highlighting a healthcare policy and market regulation debate.
Biden's administration has prioritized tackling the…
Economic Challenges Loom as 2023 Nears Its End, Raising Recession Concerns
As 2023 approaches its end, ominous signs of economic distress have begun to cast a shadow over various nations, sparking growing concerns about an impending recession.
A combination of factors, including supply chain disruptions,…
Retirement Readiness: Planning Amidst Lower Social Security Benefits
Recent shifts in the economic landscape have prompted a closer examination of retirement planning, especially in light of potential reductions in Social Security benefits.
As the future of Social Security remains uncertain, individuals…
US Office Real Estate Prices on the Verge of ‘Severe Crash, Warn Investors
The thriving US office real estate market is now on the verge of a major crash, causing concern among both investors and industry experts.
The pandemic-driven shift towards remote work, combined with changing workplace dynamics, has…
US Economy Takes a $4 Billion Hit as Auto Workers Continue Strike, Revealing Economic Impact
The ongoing auto workers' strike dealt a $4 billion blow to the US economy, highlighting the extensive economic impact of labor disputes in a vital industry.
The strike, which began three weeks ago, has disrupted production lines and…