boost | Common News Update

Oct172020 by adminNo Comments

3% Social Security boost? $1,200 stimulus checks? How to get needed money to seniors

Finance

Rep. Peter DeFazio, D-Ore.Sarah Silbiger | CQ-Roll Call Group | Getty ImagesAmericans are hurting financially amid the Covid-19 pandemic, and that includes the nation's seniors.Now, two House Democratic lawmakers are hoping to help retirees with a bill to increase next year's Social Security cost-of-living adjustment.Rep. Peter DeFazio, D-Ore., is introducing a bill today with Rep. John Larson, D-Conn., that would boost the COLA for next year to 3% from 1.3%.The emergency COLA would help pay for extra expenses seniors face amid the pandemic, such as the cost of having food delivered and higher utility bills as they spend more time at home.The proposed one-year boost comes as research shows the cost-of-living adjustments have generally not been keeping up with the rising costs older America...

Oct112020 by adminNo Comments

These travel plays may boost your portfolio – with one major exception

Finance

IHT Wealth Management's Yussef Gheriani believes now is a good time to consider adding travel plays to portfolios.Between cabin fever related to the pandemic and optimism surrounding effective coronavirus treatments, Gheriani speculates bookings will start meaningfully rising within the next couple of months."People are going to be sitting down at home saying 'Okay, it's snowy outside. I want to get out. I need to get somewhere. I need to do something.' And, they're going to start booking those trips," the firm's director of investments told CNBC's "Trading Nation" on Friday. "As an investor, you want to be positioned ahead of the company even starting to get the bookings."According to Gheriani, most travelers will look to book trips for late spring and the second half of next year — ...

Oct92020 by adminNo Comments

UK economic growth slows despite restaurant boost

Business

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Aug112020 by adminNo Comments

At least 1 million people may not get Trump’s $400 unemployment boost

Finance

President Donald Trump speaks at an Aug. 10 White House news conference.Alex Wong | Getty Images News | Getty ImagesAn extra $ 400Trump's executive order was one of four measures signed on Saturday to address jobless benefits, evictions, student loans and payroll taxes.Top Democratic lawmakers and White House officials have struggled to compromise on another round of broad coronavirus relief since negotiations began about two weeks ago.Unemployment aid was among the thorny issues holding up talks.A $ 600-a-week federal supplement to state unemployment benefits, offered by a prior round of relief, lapsed at the end of July, throwing jobless Americans' income off a cliff overnight.House Democrats passed a $ 3 trillion bill in May that would extend those $ 600 payments through early next ...

Jun252020 by adminNo Comments

SpaceX plans launch to boost Starlink network to nearly 600

Science

ORLANDO, Fla., June 25 (UPI) -- Some internet users will get to test SpaceX's Starlink satellite broadband service soon, as the company prepares another launch in Florida on Thursday that would boost the number of its communications spacecraft in orbit to almost 600. A SpaceX Falcon 9 rocket carrying about 60 of them is scheduled to lift off Thursday at 4:39 p.m. from Launch Complex 39A at Kennedy Space Center. The flight also will carry two very small Earth observation satellites for Seattle-based BlackSky Global. Advertisement An outlook for isolated storms Thursday means a 40 percent likelihood of cancellation because of heavy cloud cover and the threat of lightning, according to the U.S. Air Force forecast. A backup launch time would be Friday, also with a 40 percent chance of weather...