Finance
The Social Security Administration (SSA) has processed over 2.5 million retroactive payments for teachers, firefighters, police officers and others with public pensions who were previously locked out of retirement benefits, the agency said last week. Signed into law by President Biden in January 2025, the Social Security Fairness Act requires the agency to adjust benefits for 3.2 […]
What is the “gig economy” ? It’s a labor market where short-term, project-based work and freelance engagements are common, often facilitated by digital platforms. Instead of traditional employment with regular wages and benefits, gig workers are paid for specific tasks or projects. The temporary work arrangements, independent contractors, and freelancers who are hired for specific […]
Wegovy and Zepbound, which both sell for a list price of more than $1,000 a month, have long been out of reach for people without insurance or whose insurance refused to cover them. Among adults who take the medications, about half say it’s difficult to afford the cost, according to a May 2024 survey by the health policy group […]
The House narrowly passed a major tax bill that extends 2017 tax cuts, cuts green energy incentives, and introduces Medicaid work requirements. It also raises the debt ceiling by $4 trillion. Supporters claim it streamlines the tax code and promotes responsibility. Critics argue it favors the wealthy while endangering the budget and social safety nets. […]
SUNY Chancellor John King delivered a strong message in his third State of the University address, emphasizing SUNY’s growth and the threat posed by federal research budget cuts. King highlighted SUNY’s $700 million in annual federal research support and warned that cuts would jeopardize medical breakthroughs and technology innovation. He also unveiled a new program […]
Nike will raise prices on a wide range of footwear, apparel and equipment as soon as this week as the retail industry braces for tariffs to hit its profits, CNBC has learned. Prices for Nike apparel and equipment for adults will increase between $2 and $10, a person familiar with the matter said. Footwear priced between $100 and […]
Apple is planning to increase the prices of its iPhone lineup set to launch this autumn, though it is trying not to make it seem as if the hikes are connected to the U.S. tariffs on imports from China, The Wall Street Journal reported, citing anonymous sources. The company is considering instead linking the price hikes […]
The Rochester City School District has passed a $1.1 billion budget for 2025–26 with a focus on improving literacy and math skills, reducing absenteeism, and increasing mental health support. Despite declining enrollment, funding rose due to increased grants for students with disabilities. The plan includes hiring more counselors and psychologists and aligns with the district’s […]
Angel Reese and Magic Johnson have found success beyond the sport. In the business world, this has translated into significant achievements for the two: Johnson is now a billionaire, and Reese has established herself as a multi-millionaire student-athlete who successfully transitioned to the WNBA and now holds a multi-year partnership extension with Reebok. Furthermore, the […]
Four former female employees have accused Smokey Robinson of sexual battery, assault, false imprisonment, gender violence, and creating a hostile work environment by four the anonymous women who worked for the singer and his wife, Frances, for nearly 20 years. News of the lawsuit surfaced on Tuesday (May 6), and he briefly spoke with the Daily […]
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