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    CONGRESS is being pressured to issue a one-off stimulus payment worth $1,400 to help seniors with their financial difficulties. Non-partisan group The Senior Citizens League, which advocates for senior benefits, said its chairman Rick Delaney wrote to Congressional leaders proposing the payment. 2The Senior Citizens League has written to Congressional leaders calling for the one-off paymentCredit: Getty Delaney noted in...
    The proliferation of homemade “ghost guns” has skyrocketed in Los Angeles, contributing to more than 100 violent crimes this year, the Los Angeles Police Department said in a report released Friday. Detectives have linked the untraceable weapons to 24 killings, eight attempted homicides and dozens of assaults and armed robberies since January, according to the report. And police expect...
    Looking for a used car? Get ready for some sticker shock. The microchip shortage has slowed production of new vehicles, funneling buyers instead to pre-owned cars, trucks and SUVs, and prices have risen significantly as a result. The inventory of new vehicles in California is down 75%, according to Jessica Caldwell, Edmunds’ executive director of insights, who recently surveyed dealerships...
    U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported Friday. Retail sales increased 0.7% in September, beating experts’ estimates of 0.2%, according to the Census Bureau report.  The number rose 0.8%, excluding auto sales, beating the 0.5% forecast. Sales were up 13.9% compared to September 2020, and they increased...
    Don Bayley | Vetta | Getty Images This week's announcement of the highest Social Security cost-of-living adjustment since 1982 was welcome news for retirees. It will help alleviate the financial pinch many are feeling. Beneficiaries in 2022 will receive a 5.9% boost to their checks. That's up from a 1.3% benefit increase for 2021. Even so, a 5.9% increase will...
    One and a half years after the epidemic, many American workers are pressing for an increase that is commensurate with the profits of their companies, while the United States is experiencing labor shortages. On Friday, October 15, the quartz says that the workers of John Deere Group, the king of tractors, began their first strike in thirty-five years. On the...
    U.S. Energy Information Administration (EIA) released a report Wednesday, forecasting that household energy expenditures may jump as high as 54% compared to the winter of 2021. Homes in the U.S. that use natural gas for heat will face a 30% increase in their energy bills, paying an average of $746. Whereas households that rely on heating oil are projected to...
    The Producer Price Index, which measures inflation at the wholesale level, rose 8.6% in the 12 months before September, marking the largest single-year increase since the metric was created in 2010, the U.S. Bureau of Labor Statistics announced Thursday. The Labor Department reported Thursday that the Producer Price Index (PPI) decreased 0.5% in September compared to a 0.7% increase in August....
    WASHINGTON -- Another jump in consumer prices in September sent inflation up 5.4% from where it was a year ago, matching the largest increase since 2008 as tangled global supply lines continue to create havoc.U.S. consumer prices rose 0.4% in September from August as the costs of new cars, food, gas, and restaurant meals all jumped.The annual increase in the...
    London (CNN Business)Inflation is high. It could stay that way.The US consumer price index rose 5.4% over the previous year in September, according to data published Wednesday. Stripping out food and energy, which tend to be more volatile, prices rose 4% over the same period.Inflation has now been at elevated levels for months, both in the United States and many...
    (CNN)Billions of years ago, Venus and Earth were both piping hot. Had things been a bit different, Earth might never have become livable, a new study finds.Here's what you need to know to Get Up to Speed and On with Your Day. (You can also get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up...
                      by Harry Wilmerding  The Consumer Price Index increased 0.4% in September, bringing the key inflation indicator’s year-over-year increase to 5.4%, the U.S. Bureau of Labor Statistics announced Wednesday. The year-over-year 5.4% inflation figure is an increase from August’s 5.3%, and September’s figure represents the highest year-over-year inflation increase since January...
    CHICAGO (CBS) — As a cold front arrives tonight, rain chances increase by the early morning hours. (Credit: CBS) READ MORE: Aireon Luster, 24, Charged With Murder Of 7-Year-Old Serenity Broughton, Attempted Murder Of 6-Year-Old Aubrey BroughtonThe Chicago area will see scattered showers in the morning, with more isolated showers in the afternoon. (Credit: CBS)  ...
    Gasoline prices in the Bay Area rocketed to a sky-high level during September, according to a new government report released on Wednesday, a forbidding hint that inflation continues to haunt the region. Bay Area prices for unleashed gasoline soared by a whopping 35.2% over the one-year period that ended in September, the U.S. Bureau of Labor Statistics reported Wednesday. The...
    (CNN)Reported drug overdose deaths in the United States hit a new high of more than 96,000 in the 12-month period ending March 2021, according to data released Wednesday by the US Centers for Disease Control and Prevention's National Center for Health Statistics. An epidemic in the shadow of a pandemic: Drug overdose deaths reach an all-time high in USIn that...
    MIAMI (CBSMiami/CNN) – The Social Security Administration announced Wednesday that about 70 million US residents, including about 4 million Floridians, eligible to receive benefits, will receive an annual cost of living adjustment of 5.9% next year. This will be the largest increase since 1982. READ MORE: Lauderdale-By-The-Sea Condo Evacuated Due To Electrical ConcernsThe spike will boost retirees’ monthly payments by...
    (CNN) — Social Security recipients will receive an annual cost of living adjustment of 5.9% next year, the largest increase since 1982, the Social Security Administration announced Wednesday. The spike will boost retirees’ monthly payments by $92 to an estimated average of $1,657 for 2022. READ MORE: Worcester Police Ask For Help Finding Missing 12-Year-Old Javion Saez“This would be the...
    Americans who receive Social Security benefits will see the largest increase in their payments in 40 years, according to the Social Security Administration. According to the Social Security Administration (SSA), next year’s cost-of-living adjustment (COLA) will be 5.9%, translating to an additional $92 for average monthly benefits and a total payment of $1,657 each month. The 5.9% COLA is the largest increase since...
    Putting food on the kitchen table got more challenging for American households in September, inflation data released Wednesday showed. The price of food at home jumped 1.2 percent in September, a historically huge gain for a single month and three times the inflation rate recorded in August. Compared with a year ago, the price of food at home is up...
    Social Security beneficiaries, roughly 70 million, are going to see a 5.9% boost in their benefit checks beginning next year. The massive increase is the largest in nearly 40 years and is well above the 1.7% average that benefit checks have increased by over the past decade. The news coincides with Wednesday news that inflation increased slightly more than...
    WASHINGTON -- Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.The COLA, as it's commonly called, amounts to $92 a month for the average retired worker, according to estimates...
    WASHINGTON -- Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.The COLA, as it's commonly called, amounts to $92 a month for the average retired worker, according to estimates...
    The Consumer Price Index increased 0.4% in September, bringing the key inflation indicator’s year-over-year increase to 5.4%, the U.S. Bureau of Labor Statistics announced Wednesday. The year-over-year 5.4% inflation figure is an increase from August’s 5.3%, and September’s figure represents the highest year-over-year inflation increase since January 1991, according to CNBC. The 5.4% increase in the CPI is slightly above...
    By RICARDO ALONSO-ZALDIVAR and CHRISTOPHER RUGABER WASHINGTON (AP) — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. The COLA, as it’s commonly called, amounts to $92 a month...
    SOCIAL Security claimants will see their monthly payments rise by 5.9% next year, the government has confirmed. The rise in the cost-of-living-allowance (COLA) means the average 2022 check will increase from $1,565 a month to $1,657 - a hike of $92. 1Social Security will rise by 5.9% next year - an average increase of $92 a monthCredit: Getty The COLA...
    Anne Arundel County school bus drivers and attendants are one step closer to a $5 per hour wage increase after the Maryland district’s school board approved the budget supplement needed to fund it. The board of education voted Monday in favor of a $7.4 million budget request to provide the school district’s transportation contractors with enough funding for the wage...
    Net tax revenue in Georgia was $2.8 billion in September, representing a $655 million increase – or 30.3% – compared with September 2020, Gov. Brian Kemp's office said. Individual income tax collections for September totaled about $1.4 billion, representing an increase of about $166 million (13.2%) compared with last year. Individual income tax refunds decreased by $15 million (17%). Net...
    If there were ever a compelling reason to support the infrastructure bill, it's a newly released report from First Street Foundation detailing the increased risks from flooding due to climate change for the lower 48 states and Washington, D.C. The nonprofit's third annual national risk assessment reveals that a quarter of critical U.S. infrastructure could be rendered inoperable from flooding....
    STOCKHOLM -- A U.S.-based economist won the Nobel prize for economics Monday for pioneering research that showed an increase in minimum wage does not lead to less hiring and immigrants do not lower pay for native-born workers, challenging commonly held ideas. Two others shared the award for creating a way to study these types of societal issues.Canadian-born David Card of...
    New York (CNN Business)Editor's note: A previous version of this story misrepresented data about Latinos in the workforce. The study surveyed all public companies listed on the Nasdaq and NYSE. It incorrectly compared them to separate data sets of gains made by other groups represented in significantly smaller collections of companies, including the S&P 500. This story has been corrected....
    LOS ANGELES, Calif. (KABC) -- Many more people are out on the roads these days, but that doesn't necessarily explain the steep rise in auto thefts in Los Angeles. Los Angeles Police Chief Michel Moore said auto thefts have skyrocketed with the rise starting at the onset of the pandemic."We now have a 48% increase in auto thefts this year...
    A new study shows that the number of concealed handgun permits soared in 2020 during the coronavirus pandemic and has increased over 10% since the end of last year. According to a study conducted by the Crime Prevention Research Center, the number of concealed handgun permits surged to 21.52 million in 2020, a 48% increase since 2016 and a 10.5%...
    (CNN) — The United States has just recorded its highest increase in rates of homicide in modern history, according to the US Centers for Disease Control and Prevention. Provisional data from the CDC’s National Center for Health Statistics, released early Wednesday, suggest the homicide rate for the United States rose 30% between 2019 and 2020. It is the highest increase...
    DELAWARE COUNTY, Pa. (CBS) – Delaware County is reporting an increase in syphilis cases, the Pennsylvania Health Advisory Network announced on Tuesday. The number of reported cases for 2021 has already surpassed last year’s number and officials expect the case numbers to be the highest in the county in 20 years by the end of the year. Officials say the...
    CHICAGO (WLS) -- Shootings on Chicago area expressways have Illinois State Police doubling patrols beginning Friday.This Safe Drive Detail will move troopers from other parts of the state to the Chicago district in hopes of blunting the violence. State police said already this year there have been at least 185 expressway shootings in the Chicagoland Cook County area, more than...
    California workers filed a big increase in first-time unemployment claims last week, a forbidding hint that the state’s economy has yet to recuperate from its coronavirus-spawned ailments. Workers statewide filed about 86,800 initial claims for unemployment benefits during the week ending on Sept. 25, an increase of 18,000 from the 68,800 first-time claims they filed the week that ended on...
    PRAGUE (AP) — The Czech Republic’s central bank has significantly increased its key interest rate by three quarters of a point to 1.50%, in an effort to tame soaring inflation as the economy rebounds from the coronavirus pandemic. Thursday’s move was the biggest single hike of the rate since 1997 and the third increase in as many months. Analysts had...
    A for sale sign shows the home as being "under contract" in Washington, DC, November 19, 2020.Saul Loeb | AFP | Getty Images Signed contracts to buy existing homes increased 8.1% month to month in August, according to the National Association of Realtors, as buyers encountered higher inventory and slightly more favorable prices. Analysts were expecting a 1% monthly...
    CRISTIANO RONALDO has gained a whopping 96million new Instagram followers so far this year. And that ranks him ahead of rival Lionel Messi in another category of their ongoing battle. 4Cristiano Ronaldo is the top dog when it comes to Instagram followers in sportCredit: Getty 4Seven of the top ten sports stars with the most new followers in 2021...
    Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois.Daniel Acker | Bloomberg | Getty Images Higher interest rates took some recent wind out of the sails in the mortgage market. After gains the previous week, total mortgage application volume fell 1.1% last week from the previous week, according to the Mortgage Bankers Association's...
    California’s 31% jump in homicides in 2020 reflected a national trend that saw the largest one-year increase since the FBI began collecting numbers in the 1960s, the bureau said Monday. The national increase was 29.4%, according to FBI statistics. The numbers also showed an increase in fatal gun violence. Nationwide, guns accounted for 76% of the weapons used in slayings...
    CHICAGO (WLS) -- New data from the FBI show that for the first time in four years, violent crime across the country went up last year.In Chicago, from 2019 to 2020, homicides jumped by more than 50%, according to the bureau.Chicago Police Superintendent David Brown talked about those numbers Monday and what's causing it.The city's top cop spoke at the...