Social Security payments could rise 3.2 percent in 2024

The Social Security cost of living adjustment could increase to 3.2% in response to high inflation. But it’s far from the 2023 record raise and many Americans still struggle to generate retirement income.

US national debt hits $33T for first time in history

The U.S. national debt exceeded $33 trillion on Monday for the first time ever, setting off alarm bells over unprecedented levels of government spending.

Katy Perry sells music catalog for $225 million

On Monday, the company announced that the deal would include Perry's five studio albums that she recorded for Capitol Records between 2008 and 2020. The sale is worth $225 million, according to multiple reports.

Federal student loan repayments resuming
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Interest on federal loans started accruing again earlier this month, and by now, borrowers should have received a notice the first payment is due Oct. 1. Certified financial planner with Cahill Financial Advisors, Andy Tate, says it's time to get prepared.

Millionaire CEO who said there needs to be higher unemployment to punish 'arrogant' employees, apologizes

Tim Gurner, a multi-millionaire CEO of Gurner Group, a real estate company founded in 2013, said at a conference that COVID-19 created a work culture in which employees' attitudes and work ethic deteriorated.

Defense Department awards $20.6M to support nickel prospecting in Minnesota and Michigan

The Department of Defense on Tuesday awarded $20.6 million to developers of the proposed Talon nickel mine in Minnesota under a program to strengthen domestic supply chains for critical minerals.

Eastlake Brewery closing, citing COVID and civil unrest as ‘one-two punch’

Just shy of nine years into operations Eastlake Brewery won’t see its anniversary in December. After making it through COVID shutdowns and civil unrest, the owners say they've can't afford the rent.

Medicare Part D drug prices increase more than 200 percent on average: AARP

The average price of 25 prescription brand name drugs with the highest Medicare D spending increased by 226%, AARP reported. But provisions in the Inflation Reduction Act aim to lower the costs of Medicare coverage for retirees.

Powerball hits third-largest jackpot of the year

The Powerball jackpot reached a level ahead of Monday night’s drawing making it one of the biggest that the game has seen so far in 2023. 

Arkansas 7-year-old makes 2.95-carat diamond discovery on her birthday at state park

A 7-year-old Arkansas girl celebrating her birthday on a trip to the state's Crater of Diamonds State Park took home a big present after she found a nearly 3-carat diamond.

Gen Zers credit card balances grow the fastest: TransUnion

Overall card balance surged to a record high of $963 billion in the second quarter — Gen Zers debt represented the most significant share of this growth, according to TransUnion.