Members of the United Auto Workers (UAW) overwhelmingly rejected a new tentative agreement with Deere & Co. on Sunday. The tentative agreement was a six-year contract that would have covered more than 10,000 workers at 14 facilities across the United States, including more than 7,000 workers in Iowa, and was the result of efforts made by UAW negotiators….
Union Members Reject Tentative Agreement With John Deere After Months of Negotiations
October 11, 2021
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You’re Not Being Cheated by Social Security
I guess there just must be something about the human psyche that makes so many people feel they’re being cheated out of something that everyone else gets. And if my emails are any indication, that’s especially true when it comes to older adults and Social Security. So many of them seem to be convinced that…
Boxing Great Manny Pacquiao Announces Retirement to Focus on Philippine Presidency
Boxing legend Manny Pacquiao officially announced on Wednesday he is retiring from the sport as he is planning to run for the Philippine presidency in the 2022 elections. In a video on social media, the 42-year-old eight-division world champion said, “Goodbye boxing” while he thanked the whole world and the Filipino people for supporting him throughout…
The 401(k): A Closer Look
If you just started a new job, and you’re looking at the 401(k) options that are available, you probably have questions about how it all works. Your golden years depend on the investment choices you make today. And if you’re counting on your 401(k) to be a big part of your financial picture, it’s important…
Social Security Will Not Go Broke
Here we go again. Another round of scare stories about the impending doom of Social Security. Headlines such as this one in my local newspaper—”Social Security Moves Closer to Bankruptcy”—have many of my readers on edge. These kinds of headlines were prompted by a report recently released from the Social Security Board of Trustees that…
Americans Seeking a Retirement Miracle
Many Americans worry they will run out of money in retirement and it’s getting worse, a new survey shows. Four in ten U.S. investors think that it’s going to take a miracle to be able to retire financially secure. Nearly half (46 percent) of millennials feel this way, according to the 2021 global retirement index…
Americans Seeking a Retirement Miracle, Survey Shows
Many Americans worry that they will run out of money in retirement and it’s getting worse, a new survey shows. Four in 10 U.S. investors think that it’s going to take a miracle to be able to retire financially secure. Nearly half (46 percent) of millennials feel this way, according to the 2021 global retirement…
Political Dishonesty and Retirement Ponzi Schemes
Commentary If politicians were held to the same standards of honesty as businessmen, all those in Britain would long ago have been imprisoned for such gross misrepresentation that it amounted to deliberate fraud. There is in Britain—or at least it is claimed that there is in Britain—something called the National Insurance Fund. This surely suggests…
Social Security Is Bad Retirement Savings Vehicle, Critics Claim
Social Security, a mandatory retirement program with some 65 million beneficiaries and 176 million covered, is inferior to private sector retirement saving alternatives, according to critics. They warn Americans not to over-rely on it to fund retirement. And some also claim it’s a bad investment, especially for young people. “Over their lifetimes, a couple born…
NTD Business Full Broadcast (Sept. 1)
Social Security trust funds face earlier than expected depletion, largely because of the pandemic. Recipients face far smaller payouts. Walmart is giving New York City another shot. This time it’s teaming up with Instacart to deliver to parts of the big apple.
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