Flood Watch in Effect Sunday Morning: Regional Forecast and Game-Day Conditions

Washington, D.C. – A flood watch is in effect for Sunday morning in the nation’s capital, following heavy rain overnight. With the steady rain tapering off early, the city can expect scattered lighter showers throughout the day, with temperatures hovering in the mid-40s. As the day progresses, the possibility of occasional light showers continues, with the next round of precipitation possibly bringing a mix of rain and snow showers late Tuesday into Wednesday. Despite the …

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COLA Forecast for 2025 Spells Financial Trouble for Seniors on Social Security

Miami, Florida – Seniors in Miami, Florida who rely on Social Security for a significant portion of their retirement income are facing financial challenges due to the increasing costs of housing, groceries, and other essential expenses. Despite receiving annual cost-of-living adjustments (COLAs) aimed at keeping up with inflation, many retirees are finding it difficult to make ends meet as these adjustments have not kept pace with rising prices of necessities. The Senior Citizens League, a …

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COLA Forecast for California Residents Falls Short Amid Rising Energy Costs in 2025

Berkeley, California – As the Social Security Administration anticipates a 3.2 percent cost-of-living increase for 71 million beneficiaries in 2025, concerns arise that this adjustment may not adequately keep pace with the rising cost of living in California, especially with energy bills on the surge. The final decision on the Cost of Living Adjustment (COLA) is expected in October, with current estimations pointing to a 2.6 percent increase, depending on inflation rates. Experts like Mary …

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Social Security at Risk: Trust Fund Forecast Indicates 2035 Insolvency Risk and Benefit Cuts

Washington, D.C. – Social Security faces challenges as its trustees project a potential insolvency in 2035, one year later than previously estimated. The strong economy and wage growth have boosted payroll tax payments, funding the program. Despite this, only 83% of promised benefits may be available to current and future beneficiaries if no action is taken. Notably, Social Security pays out nearly $1.4 trillion in benefits annually to about 67 million Americans. For approximately half …

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Horoscope: Your Astrological Forecast for May 18, 2024

New York, USA – As the sun rises on May 18, 2024, many people around the world will be eager to see what the day has in store for them based on their astrological signs. Horoscopes, often consulted for guidance and insight, offer a glimpse into what the future may hold for each zodiac sign. In Chicago, Illinois, the Chicago Sun-Times provides its daily horoscope, giving readers a chance to anticipate what the day may …

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Social Security Benefits Face Uncertain Future with Lower Cost of Living Adjustment Forecast

Miami, Florida – Social Security beneficiaries in Miami, Florida, are bracing for a potential decrease in their Cost of Living Adjustment (COLA) next year. The adjustment, typically based on changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) during the third quarter, plays a crucial role in protecting the purchasing power of retirees against inflation. While the official COLA for 2025 has yet to be calculated by the Social Security …

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2025 Social Security COLA Forecast: Experts Predict Lower Adjustment Ahead

Washington, D.C. – Retirees depend on Social Security benefits to provide financial stability in their golden years. The annual cost-of-living adjustment (COLA) plays a crucial role in ensuring that beneficiaries receive a boost to keep up with inflation. In a recent announcement, the Social Security Administration revealed that the 2024 COLA was set at 3.2%, providing recipients with a significant increase in their benefits. This adjustment aims to help maintain the purchasing power of Social …

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Healthcare Giant CVS Slashes Profit Forecast and Misses Estimates Amid Surge in Medical Procedures

Boston, MA – CVS Health Corp announced a significant cut to its annual profit forecast and fell short of Wall Street expectations for first-quarter earnings. The company cited increased demand for non-urgent medical procedures leading to higher costs in its health insurance division. The U.S. healthcare giant revised its per-share adjusted earnings forecast for 2024 down to a minimum of $7.00 from the initial projection of at least $8.30. This adjustment reflects CVS’s anticipation of …

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Snow to Wind Down Across New Jersey by Early Evening: Latest Forecast Shows Light to Moderate Snow Continues to Fall

TRENTON, New Jersey – New Jersey residents are bracing for a potentially challenging evening commute as light to moderate snow continues to fall across the state on Friday. However, forecasters predict that the snow will taper off and be long gone by the time most people are heading to bed. According to AccuWeather meteorologists, the snow is expected to wind down from north to south, potentially starting as early as dinnertime. Tom Kines, a senior …

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“2025 Long-Term Inflation Forecast Predicts Lowest Social Security COLA Since 2020” – The 401(k) Specialist

Boston, MA – A recent long-term inflation forecast predicted that the Social Security cost-of-living adjustment (COLA) for 2025 will be the lowest since 2020. This forecast has raised concerns about the financial security of retirees and individuals relying on Social Security benefits. The impact of low COLA on retirement planning and budgeting is significant, as it affects the purchasing power of retirees and their ability to keep up with the rising cost of living. The …

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