Social Security: COLA increasing but Medicare costs rising too in 2024

Social Security checks are increasing next year thanks to the annual cost of living adjustments (COLA). However, the standard monthly cost of Medicare Part B will increase by $9.80, or 6%, to $174.70 in 2024, according to the Centers for Medicare and Medicaid Services (CMS).

Bitcoin price surpasses $41,000, 1st time since April 2022

Bitcoin is once again having a moment. On Monday, the world’s largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.

Thirsty Whale bakery closing in north Minneapolis citing ‘economic changes’

Citing an “especially hard year" for its business filled with "economic changes," a popular bakery in north Minneapolis has announced it will cease operations.

IRS move could carry hefty cost for some taxpayers

The IRS is raising the interest penalty for underpayment of estimated taxes, with taxpayers who are self-employed or work as independent contractors urged to be vigilant.

Local company aims to connect moms with employers in need

Thousands of moms and employers have joined the network that connects them with companies and businesses that need workers.

Here's the age when Christmas becomes more about giving than receiving, according to survey

What’s the "peak age" for receiving Christmas gifts? While the holidays aren’t all about presents, a recent survey assessed how much we give and receive throughout our lives.

US ill-prepared to house growing number of older people, study says

Over the next decade, the U.S. population over the age of 75 will increase by 45%, growing from 17 million to nearly 25 million.

Student loan payments render the holidays unaffordable for many: survey

Student loan repayments will make the season unaffordable for many Gen Z and millennials this year, according to a recent Credit Karma survey.

Want to donate to charity this holiday season? Try one of these vending machines

“Giving Machines" have opened up in 41 U.S. cities for the holiday season, as well as in 14 different international cities. Here’s how they work and where to find them.

Fed may not be done with interest rate hikes – Here's how that could impact your debt

Federal Reserve Chairman Jerome Powell said that the progress made on moderating inflation has been gratifying but that there was still a long way to go to bring it to a 2% target rate.

Rosemount oil refinery turns on largest solar installation of its kind

Flint Hills Resources recently completed a $75 million solar panel installation at its Pine Bend oil refinery, which is believed to be a first-of-its-kind project nationwide.

Here's how much money you need to be happy, according to 2023 survey

A recent survey asked the age-old question: can money buy happiness? More than half said yes, and here's the price tag for the average American.

Social Security reform would restore full benefits to public workers

Reform to provisions designed to even the playing field between workers who paid Social Security and public sector workers who don't but benefit from a pension program could cost as much as $150 billion.