Is this the best way to fix Social Security?
KVUE 5:32 AM. CDT April 30, 2016 There's no denying it — Social Security is unsustainable in its current form and will need to be fixed. According to the latest Social Security Trustees' Report, the program's trust funds will be completely depleted by 2034 based on the projected rate of money flowing in and out. Fortunately, there are several ways we can fix Social Security, and some of these solutions are rather popular among the American public.The most popular way to fix Social Security..>> view originalThe Fed Will Not Increase Rates: The Export Perspective
Among the various factors that play an important role in the policymaker's decision to increase interest rates, the dollar and its impact on exports is a key consideration. This article underscores the importance of dollar movement on export-driven growth and the key factors that will prevent the Fed from increasing interest rates if the dollar remains relatively strong. Using charts is the best way to explain any point in finance and economics, and the chart below (from 1995 to 1Q 2016) gives t..>> view originalPuerto Rico debt rescue plan engulfed in Great Recession 'bailout' politics
House members left Washington Friday for a week-long recess without taking action on a fiscal rescue for Puerto Rico, days before the territory’s development bank is set to default on a payment to bondholders and deepen the economic crisis there. The Government Development Bank has said it would default on nearly $390 million due May 1, a move that could unleash a cascade of problems throughout the Puerto Rican financial system. The GDB, which acts as bank, adviser and fiscal agent to the Puer..>> view originalThe Latest: Berkshire investors reject climate change report
OMAHA, Neb. — The Latest on Berkshire Hathaway’s annual shareholders meeting, where tens of thousands of people have listened to CEO Warren Buffett and Vice Chairman Charlie Munger talk business for several hours (all times local): 4:15 p.m. Berkshire Hathaway shareholders have overwhelmingly rejected a resolution calling for the company to write a report about the risks climate change creates for its insurance companies. CEO Warren Buffett says he agrees that dealing with climate change is imp..>> view originalChobani's CEO is giving up to 10 percent of his company to employees
Greek yogurt is known for being rich in flavor and protein. Now, some employees at Chobani could become rich themselves. On Tuesday, founder and CEO Hamdi Ulukaya announced that he would be giving all of his 2,000 full-time workers awards that could be worth up to 10 percent of the privately held company’s future value if it becomes public or is sold. Each employee will be given “Chobani Shares” or award units, based on workers’ tenure and role at the company, which could convert to cash or s..>> view originalTarget's Perception Takes A Hit After Transgender Bathroom Statement
Saturday, April 30, 2016
Is this the best way to fix Social Security? and other top stories.
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