Santa Fe Gun Buyback
In 2017, big changes are coming to Social Security, arguably the most important social program for retired workers. About five weeks ago, we took a brief look at seven of these major changes. Topping the list was the smallest cost-of-living adjustment (COLA) on record for Social Security -- just 0.3%. Though this beats the three years since 2009 in which no COLA was granted, other costs, such as medical expenses, are rising at a much quicker pace than 0.3%. In other words, seniors are getting a small raise, but it doesn't appear to be keeping up with their actual expenditures. We're also going to see wealthier Americans paying more into the program. The payroll earnings tax cap is rising by more
Most Americans are filled with regrets — financial regrets. Fully three in four, in fact, admit they harbor financial regrets, according to a survey of more than 1,000 adults by Bankrate.com. Their biggest regret: not saving for retirement early enough (nearly one in five Americans put this in the No. 1 spot). What’s more, among those 65 and up, 27% said this was the biggest regret, compared with 17% of those aged 30 to 49. Indeed, it is costly to wait. A person who starts saving $300 a month for retirement at age 25 (assuming a 5% return on investment) will have about $450,000 saved by age 65, despite only contributing $144,000 into his retirement account. Meanwhile, if that person waits until
If you’ve been considering cutting your cord in order to stick it to your cable company, you might be surprised by just how little that television service means to heavyweights like Comcast. One Wall Street analyst did the math and determined that sometimes slashing a cable subscription only costs the company a measly $5.50. Thanks to the bundling deals that cable companies like Comcast make oh so irresistible, analyst Craig Moffett argues that the actual TV portion of many cable bills is much smaller than it might seem.
The deal put together by Donald Trump and Michael Pence to save 800 manufacturing jobs in Indianapolis and the accompanying visit to that factory offers a ripe opportunity for cynicism. After all, this plant owned by Carrier Corp. is a marginally profitable, mid-20th-century assembly plant with a modestly educated workforce — just the sort of situation where automation, if not outright moves to factories abroad, have wiped out millions of American factory jobs in recent decades. Even if Trump announces a deal like this one every day of an eight-year presidency, the United States will still have fewer manufacturing jobs than now, and close to 9 million less than the peak manufacturing employment
Stop your career search right this instant because we have visual proof that dog grooming is the ultimate dream job. Bored Panda shared a video of dog stylist Mehmut Gunes on the job and it honestly looks like the best gig ever.
Since reintroducing the Indian Motorcycle brand to the market in 2013, Polaris Industries (NYSE:PII) has been stealing large swaths of sales and market share from industry leader Harley-Davidson (NYSE:HOG). Its rival may still own the majority of the heavy bike industry, but Polaris has been able to challenge its supremacy all across the board, both on the road and on the track. Part of Polaris' success has been a result of introducing a bike in each market and at every price point. From touring and cruisers to sportier models, too, there's an Indian Motorcycle that can rival a Harley. The fringe on the handlebars Though sales of the actual motorcycles bring in the biggest bucks for the bike
That's the number of Americans now counted as not in the labor force, a historic high that has confounded economists and policymakers. The jump occurred as the U.S. economy added 178,000 jobs and the headline unemployment rate dropped sharply. Explaining the consistent increase in those leaving the labor force is complicated, with factors divided between an aging and rapidly retiring workforce, a skills gap that leaves job openings unfilled, and the nettlesome problem of too many people who find it's just easier to collect welfare and other transfer payments rather than go back to work.
Lane Kiffin will interview for the Houston job after Alabama’s SEC Championship game against Florida Saturday afternoon, SB Nation reports.
The Chrysler 200's production has ended. FCA did search for a partner to continue building the 200, but could not reach an agreement with any manufacturers. The 200, which shared a platform with the Dodge Dart, was slightly smaller and didn't seem to fit the targeted niche, leading to the rather dreary numbers.Chrysler has since decided to repurpose the plant once used for 200 production to focus on building the next RAM 1500 as well as other models built upon the same architecture. This all comes after a host of plant layoffs and a temporary shutdown to the Michigan facility.
Crude oil prices surged Wednesday following news from OPEC that the group agreed to cut 1.2 MMBOPD of production after two years of producing near capacity in a bid for market share. OPEC agreed to cap production at 32.5 MMBOPD, which, along with agreements form non-OPEC members to reduce production by 600 MBOPD, should reduce global output by 1 percent. Market watchers were uncertain which way the meeting would go after months of negotiations between OPEC members about how much to cut, and where.
A Mexican official from the city that just lost out on 1,000 jobs it expected to take from an Indiana Carrier plant says that Donald Trump is "telling the truth" when he rails against U.S. job losses . Jaime Garcia Astorga, secretary of economic development of Santa Catarina in the state of Nuevo Leon, told CNBC on Friday that "nobody" believed the president-elect was serious when he "made a lot of declarations" to voters about keeping U.S. jobs in the United States. This is a learning lesson for our state," said Garcia.
The number of subprime auto loans sinking into delinquency hit their highest level since 2010 in the third quarter, with roughly 6 million individuals at least 90 days late on their payments. It’s behavior much like that seen in the months heading into the 2007-2009 recession, according to data from Federal Reserve Bank of New York researchers. “The worsening in the delinquency rate of subprime auto loans is pronounced, with a notable increase during the past few years,” the researchers, led by Andrew Haughwout, said Wednesday in a blog on their Liberty Street Economics site. Weakness among the lowest-rated borrowers plays out against a robustly growing vehicle lending market. Originations of
Going to college promises the opportunity to further your education, meet new people and get a taste of independence. It does not guarantee a lucrative career after graduation. While it's true that a worker with a bachelor's degree typically earns 67.7% more than someone with just a high school diploma, according to the U.S. Bureau of Labor Statistics, what you study can be a better indicator of your future employability and earnings potential. We analyzed data for 215 popular college majors, looking at the typical starting and mid-career salaries expected from each. We also examined recent online job postings seeking candidates with those majors, as well as long-term growth expectations for
Cramer is confident that even if an investor doesn't have a high-paying job, as long as they save a decent chunk of their paycheck and invest it wisely each year, they can grow their wealth and become at least financially independent. You can't do it! Stocks aren't just the best game in town, they are really the only game in town if your goal is to grow your wealth," Cramer said.
So far, the hundreds of protesters fighting the Dakota Access pipeline have shrugged off the heavy snow, icy winds and frigid temperatures that have swirled around their large encampment on the North Dakota grasslands. The government has ordered protesters to leave federal land by Monday, although it's not clear what, if anything, authorities will do to enforce that mandate. Demonstrators insist they will stay for as long as it takes to divert the $3.8 billion pipeline, which the Standing Rock Sioux tribe believes threatens sacred sites and a river that provides drinking water for millions of people.
The future U.S. first lady has hired a law firm in her native country to protect her name and image from being used on numerous products that have sprung up since her husband, Donald Trump, was elected president. Natasa Pirc Musar, director of the Pirc Musar&Partnerji law firm, said Friday that the use of the name "Melania Trump" for commercial purposes without approval of her client would be against the law in the small Alpine state and would represent a violation of personal rights.
On Friday, we learned the US economy added 178,000 jobs in November and the unemployment rate fell to 4.6%, while over 95 million Americans were not in the labor force.
About 602,000 of the vehicles recalled are in the U.S. market and about 650,000 of them are in North America as a whole. A small amount of Ford Mondeo sedans are also being recalled, but none of them are in North America. Ford said it is aware of two accidents and two injuries associated with the issue.
Sears Holdings has been exploring alternatives — including partnerships for its Kenmore, Craftsman and Diehard brands, and its Sears Home Services unit since May — as it looks to reinvigorate its ailing business. In a filing with regulators, Sears said Lampert met with representatives of Sears Hometown on Thursday to seek their participation in the process.
Kala Brown, a woman who was locked inside a metal container for more than two months, filed a lawsuit in civil court on Thursday seeking damages from suspected kidnapper and serial killer Todd Kohlhepp, reports WLOS, a local ABC affiliate. Brown was discovered by detectives searching Kohlhepp's property in rural South Carolina when they heard a banging coming from inside the container on November 3. Brown was found chained up "like a dog," inside the container after she went missing along with her boyfriend on August 31, according to police. Brown's suit alleges that after going out to the property "for the purpose of work that involved cleaning up," Kohlhepp "presented a firearm and took Miss
In another month of strong U.S. employment growth, one key sector shrank in November -- again. The Bureau of Labor Statistics reported that, adjusting for seasonal factors, there were about 4,000 fewer manufacturing jobs in November than in October -- and 78,000 fewer than there were in January, when the sector hit its peak (at just over 12.3 million jobs) for the current expansion. The declines this year can be attributed in part to potentially temporary factors such as a strong dollar (which makes U.S. manufactured goods more expensive abroad) and low oil and gas prices (which cuts demand for drilling equipment), so it's possible that the losses of the past year will be retraced and a new business-cycle peak reached.
Since Election Day, investors have been voting against big dividends. The Dow Jones Utility Average (^DJU) has gotten slammed since the beginning of November — tumbling 5% — while the S&P 500 (^GSPC) is near all-time highs and has rallied 4%. Utilities
Taking a breather from your job, even just for a few years, could cost you hundreds of thousands of dollars — and that’s over and above what you lose out on by not drawing a salary. Each year, thousands of Americans decide to take a break from their jobs: Nearly four in 10 women and 24% of men had taken time off from their career voluntarily, according to a survey of more than 3,000 people published by the Harvard Business Review and conducted by polling firm Harris Interactive. One of the most common reasons for doing so — particularly for women — is to care for a child or elderly parent. A survey by the Washington, D.C.-based think tank Pew Research Center found that 39% of mothers and 24%
The nation's health care tab grew at the fastest rate in eight years in 2015, driven by the coverage expansion in President Barack Obama's law and by costly prescription drugs, the government said Friday. The growth of 5.8 percent in 2015 boosted total health care spending to $3.2 trillion. Health spending grew about 2 percentage points faster than the overall economy in 2015, said the report from nonpartisan economic experts at the Department of Health and Human Services.
The order finalized a tentative ruling the department made in April and came days after the European Commission formally filed for arbitration over Norwegian's request, which had languished for three years. U.S. airlines and unions have said the subsidiary, Norwegian Air International, would undermine U.S. wages and working standards, claims Norwegian has dismissed. "Regardless of our appreciation of the public policy arguments raised by opponents, we have been advised that the law and our bilateral obligations leave us no avenue to reject this application," the U.S. order said.