https://www.wsj.com/articles/social-security-cola-increase-2022-11634067648? Social Security Benefits to Increase 5.9% for 2022 Increase in payments for seniors and other Americans reflects surging inflation during pandemic Seniors and other Americans receiving Social Security benefits in 2022 will see the largest increase in their payments in four decades, reflecting surging inflation during the pandemic. Next year’s cost-of-living adjustment, or COLA, will be … Continue reading Good news (really?) for Social Security recipients — highest inflation adjustment since 1982
Tag: money
Pandemic pondering leading workers to quit their jobs insisting on better conditions and higher pay
https://www.washingtonpost.com/business/2021/10/12/jolts-workers-quitting-august-pandemic/ A record number of workers are quitting their jobs, empowered by new leverage 4.3 million people quit their jobs in August, nearly 3 percent of the workforce By Eli Rosenberg, Abha Bhattarai and Andrew Van Dam Yesterday at 4:56 p.m. EDT|Updated yesterday at 5:01 p.m. EDT The number of people quitting their jobs has surged to record highs, pushed by a combination … Continue reading Pandemic pondering leading workers to quit their jobs insisting on better conditions and higher pay
Cleaning up your finances from creeping monthly payments
https://www.wsj.com/articles/digital-payments-apple-google-venmo-cash-app-11633703107? Digital Payments Are Convenient. They Also Can Wreak Havoc on Your Finances. The good news: There are ways to regain control of your spending By J. J. McCorveyOct. 9, 2021 5:30 am ET For some people, a financial wake-up call manifests in the form of a credit-report ding or the need to eat ramen for … Continue reading Cleaning up your finances from creeping monthly payments
Social media can be harmful to your financial health
https://www.washingtonpost.com/business/2021/10/05/facebook-instagram-conspicuous-consumption/ Financial ‘FOMO’: How Facebook and Instagram can lead to bad spending habits Like, comment and spend: How social media platforms can influence you to make bad financial decisions By Michelle Singletary Columnist October 5, 2021 at 5:49 p.m. EDT In the personal finance world, a common mantra has always been: “Don’t try to keep up with … Continue reading Social media can be harmful to your financial health
Apple earned more from gaming than Sony, Nintendo, Microsoft and Activision combined
https://appleinsider.com/articles/21/10/03/apple-earned-more-from-gaming-than-sony-nintendo-microsoft-activision-combined? Apple earns more from gaming than Sony, Nintendo, Microsoft, Activision combined Malcolm Owen | Oct 03, 2021 Apple's profits from gaming outweighed those of major game companies, according to a report, with Apple earning more from App Store games in its 2019 fiscal year than Nintendo, Microsoft, Activision Blizzard, and Sony combined. The lawsuit between Epic and Apple brought many … Continue reading Apple earned more from gaming than Sony, Nintendo, Microsoft and Activision combined
USPS service is about to get even worse
Postmaster General Louis DeJoy is responsible for the ongoing effort to destroy the USPS. He's one of the few Trump appointees who was effectively insulated from removal. In the meantime, DeJoy, owner of substantial financial interests in direct competitors to the USPS, continues to act to benefit those interests rather than those of the public. … Continue reading USPS service is about to get even worse
Apple Card gets rotating security code with advanced fraud protection
https://appleinsider.com/articles/21/09/20/apple-card-gets-rotating-security-code-with-advanced-fraud-protection-in-ios-15 Apple Card gets rotating security code with 'Advanced Fraud Protection' in iOS 15 AppleInsider Staff | Sep 20, 2021 Apple Card is receiving an upgrade with iOS 15 that adds an extra layer of security to purchases by integrating a rotating security code. Called Advanced Fraud Protection, the new feature automatically rotates Apple Card's three-digit security code after users view … Continue reading Apple Card gets rotating security code with advanced fraud protection
Amazon plans a tech version of department stores to sell its own apparel brands
After all, the margins are much greater than with books.... https://www.wsj.com/articles/inside-amazons-department-store-plans-high-tech-dressing-rooms-its-own-apparel-brands-11632303002? WSJ NEWS EXCLUSIVE Inside Amazon’s Department Store Plans: High-Tech Dressing Rooms, Its Own Apparel Brands Company’s outlets could feature QR codes, touch screens and a nontraditional shopping experience By Sebastian Herrera and Khadeeja SafdarSept. 22, 2021 5:30 am ET Amazon.com Inc.’s AMZN 1.06% planned department stores will aim to boost its … Continue reading Amazon plans a tech version of department stores to sell its own apparel brands
This article made me realize NYC was where I should eventually retire
When I ran into this article, I was still living in Columbia, MD and working in downtown D.C. I knew suburban life wouldn't work for retirement -- I wanted what I'd had in Boston where I could get anywhere by walking or on public transit, including cultural events and healthcare. But where? I thought about … Continue reading This article made me realize NYC was where I should eventually retire
iPhone 13 orders outpacing iPhone 12
https://appleinsider.com/articles/21/09/16/preorders-for-iphone-13-outpace-iphone-12-likely-due-to-huawei-struggles? Preorders for iPhone 13 outpace iPhone 12, likely due to Huawei struggles Mike Peterson | Sep 16, 2021 Customers in China have placed more than 2 million preorders for Apple's iPhone 13 lineup, surpassing the number of iPhone 12 preorders in 2020, likely because of the void left by high-end Huawei handsets. According to the South China Morning Post, … Continue reading iPhone 13 orders outpacing iPhone 12
The real reasons people are quitting their jobs right now
One small point that struck me is the intersection between the jobs that are currently open without takers and the desire for people to work from home (and presumably away from COVID). How are employers in the service, hospitality, and health care fields going to package their jobs to appeal to potential employees who would … Continue reading The real reasons people are quitting their jobs right now
A low-cost index fund that intends to vote its shares for change
https://www.theatlantic.com/newsletters/archive/2021/06/climate-focused-hedge-funds-new-index-fund-engine-no-1/619264/? A Major New Index Fund Should Unnerve Climate-Skeptical CEOs The hedge fund that staged a revolt at Exxon last month is now recruiting an army of mom-and-pop investors for future battles.By Robinson Meyer Anton Petrus / Getty JUNE 22, 2021 Last month, a tiny hedge fund called Engine No. 1 staged a coup of sorts at … Continue reading A low-cost index fund that intends to vote its shares for change
Abycats' Thoughts 