Buy Now, Pay Later arrangements come with risks that can impact your finances, particularly for retirees. Nora Carol Photography/Getty Images As inflation continues to skyrocket, causing the cost of everything from groceries to healthcare to grow rapidly, it’s putting significant strain on household budgets across the nation. And while most people are feeling at least … Read more
On Memorial Day weekend, as America plans to celebrate its 250th birthday, Margaret Brennan sat down with two Medal of Honor recipients, retired Army Lt. Col. William Swenson and retired Army Command Sergeant Major Matthew Williams, both of whom were awarded their medals for valor in battle during their service in Afghanistan. Source link
Social Security recipients may get a big COLA adjustment at the end of the year, but they don’t have to wait until then to start earning more on their money. JJ Gouin/Getty Images The surge in inflation that occurred in recent months could lead to a larger-than-usual cost-of-living adjustment (COLA) for Social Security recipients. That was … Read more
Social Security recipients could receive a 2027 cost-of-living adjustment (COLA) of nearly 4%, driven by inflation climbing at its fastest pace in almost three years. Seniors and others who receive Social Security benefits could see a COLA of 3.9% next year, according to a new estimate from the Senior Citizens League, an advocacy group for … Read more
Democratic lawmakers launch probe on some Trump pardon recipients, process – CBS News Watch CBS News Senate and House Democrats launched a probe into the process for some of President Trump’s pardons and commutations. CBS News’ Gabe Kaminsky reports. Source link
Senate and House Democrats have launched an investigation into whether pardons and commutations issued by President Trump were driven by “pay-to-play dynamics,” according to letters obtained by CBS News. Among the pardons being probed by lawmakers are those granted to cryptocurrency billionaire Changpeng Zhao, who pleaded guilty to money laundering; nursing home operator Joseph Schwartz, … Read more
For more than 100 years, the White House Correspondents’ Dinner has celebrated the First Amendment and freedom of the press. The annual event is also a fundraiser for journalism scholarships. This year, the White House Correspondents’ Association awarded $156,000 in grants to 30 college students. Two recipients, Kaitlin Bender-Thomas and Madison Maynard, join “The Daily … Read more
Government statistics show federal immigration agents arrested more than 260 beneficiaries of the Deferred Action for Childhood Arrivals program, also known as DACA, during the first 10 months of President Trump’s second term. CBS News immigration correspondent Camilo Montoya-Galvez has more. Source link
Federal immigration agents arrested 261 beneficiaries of the Deferred Action for Childhood Arrivals program, or DACA, during the first 10 months of the second Trump administration, according to official U.S. government statistics that were shared with Congress and obtained by CBS News. The statistics indicate the vast majority of DACA recipients taken into federal immigration … Read more