Tag Archives: benefits

The Google Inc. logo is displayed on an Apple Inc. iPhone in this arranged photograph taken in the … [+] Brooklyn borough of New York, U.S., on Friday, July 19, 2019. Alphabet Inc. is scheduled to release earnings figures on July 25. Photographer: Gabby Jones/Bloomberg © 2019 Bloomberg Finance LP If you’re an avid Google Photo uploader, or if you have thousands of emails sitting in your Gmail account, chances are you are paying for Google One, the company’s cloud storage… Source link

(Bloomberg) — The Biden administration plans to announce the biggest long-term increase in food stamp benefits in the program’s history, giving Americans more money to buy groceries and adding billions of dollars in costs to the government. Average benefits in October will go up by more than 25% from pre-pandemic levels for the 42 million people in the program, a U.S. official said, speaking on condition of anonymity before an announcement planned for Monday. The increase means that average… Source link

The latest congressional infrastructure bill, which includes provisions on the regulation of crypto assets, could help legitimize cryptocurrencies within the mainstream financial community, says MoffettNathanson Partner Lisa Ellis. “What’s been holding up the crypto ETFs is that the SEC has very stringent requirements for things like liquidity, transparency, price stability,” Ellis said. “[There are] very well-established rules when it comes to stock investing,” she said. “Those same… Source link

Come 2034, incoming revenues will be enough to pay about 76% of scheduled Social Security benefits, a 2020 Social Security Administration trustees report predicts. Given that, how might different generations plan for this? Should they plan for a 24% decline in their scheduled benefit? Should they not factor Social Security benefits into their retirement income plan at all? Or might they do something else. “Though I think it far more likely that some combination of reforms will eliminate the… Source link

On Saturday, the $380 in weekly jobless benefits Robyn Gregorieff and her husband had depended on for basic needs is getting slashed by 79%, leaving the couple with just $80 a week to live on. She would have been entitled to the larger amount until September if her home state of Alaska didn’t cancel federal unemployment programs early due to mounting concerns over labor shortages. “It makes no sense because the federal government is paying that,” the 43-year-old Gregorieff told Yahoo… Source link

The New York Times Prosecutors Investigating Whether Ukrainians Meddled in 2020 Election Federal prosecutors in Brooklyn have been investigating whether several Ukrainian officials helped orchestrate a wide-ranging plan to meddle in the 2020 presidential campaign, including using Rudy Giuliani to spread their misleading claims about President Joe Biden and tilt the election in Donald Trump’s favor, according to people with knowledge of the matter. The criminal investigation, which began… Source link

Goldman Sachs thinks the surprisingly lackluster April jobs report could be partially explained on the generosity of Uncle Sam.  “We see two partial explanations for the payrolls disappointment. First, reopening effects likely overlapped with normal seasonal hiring patterns, resulting in less-impressive job gains on a seasonally-adjusted basis. Second, labor supply appears to be tighter than the unemployment rate suggests, likely reflecting the impact of unusually generous unemployment… Source link

After a hugely disappointing April jobs report, U.S. Labor Secretary Marty Walsh rejected claims from Republicans and some businesses that enhanced unemployment benefits are keeping workers from going back to work.  The Labor Department reported the U.S economy added back just 266,000 jobs last month, sharply missing economists’ expectations of 1 million.  “266,000 jobs under normal circumstances — and we’re certainly not living in normal circumstances — would be a good month,” said… Source link

The New York Times NFTs Are Selling for Millions. Are They Warming the Planet, Too? When Chris Precht, an Austrian architect and artist, first learned about nonfungible tokens, the digital collectibles taking the art world by storm, he was so enthralled, he said, he “felt like a little kid again.” So Precht, who is known for his work on ecological architecture, was devastated to learn that the artworks, known as NFTs, have an environmental footprint as mind-boggling as the gold-rush frenzy… Source link

Google is investing $200 million in San Jose as a part of its Downtown West development, dedicated to preventing resident displacement and creating more economic opportunity for locals critics say will be forced out by rising rents. San Jose and Google released their much-anticipated development agreement Tuesday, a nearly 500-page document outlining the legal obligations of the two entities and how the tech giant will invest its millions. “In contrast to some large employers’ attempts… Source link