Vermont State

The Bureau of Labor Statistics will be releasing the May Consumer Price Index (CPI) report that will give seniors more information about the 2025 Cost-of-living Adjustment (COLA) that could potentially be added to their Social Security benefits next year. TSCL Estimates 2.7% COLA for Social Security Payment in 2025. This...

Social Security Payment 2025: Here’s the Actual Amount You May Receive Next Year as Chances of Increase Rise

WashingtonExaminer

The monthly Supplemental Security Income check, worth up to $943 for individual filers, will be delivered to eligible recipients in three days. The SSI payment from the Social Security Administration will be issued to eligible citizens on July 1, in accordance with the SSA mandate that benefits must be delivered to recipients by the first day of the month. This […]

Social Security update: July direct payment worth $943 goes out in three days

Wisconsin State

An unexpected company is now laying off hundreds in Wisconsin due to a significant decrease in consumer demand. Mercury Marine, a boat parts manufacturer in Fond du Lac County, is preparing to cut a total of 300 positions this summer, according to a spokesperson. The company said in a statement...

An Unexpected Company Is Now Laying Off Hundreds in Wisconsin

New Jersey State

Upworthy

Public discourse about minimum wage and living wages has been ongoing for years, with people debating whether the government should mandate a minimum hourly pay for workers.  President Franklin D. Roosevelt signed the first federal minimum wage law in 1938, setting the lowest wage a worker could be paid at 25 cents per hour. Nearly a century later, the federal minimum wage is $7.25/hr, holding steady since 2009, with people lobbying to raise it to at least $15/hr for over a decade. However, in addition to federal law, each state has its own laws, a handful of which establish a state minimum wage higher than $15, a handful of which don't have a set minimum wage at all and everything in between.Cost of living has also been a hot topic as inflation has squeezed everyone's wallets and certain cities and states have become utterly unaffordable, especially for people in low-wage jobs or who who are just starting out in their careers. So how do minimum wage and cost of living correlate state-by-state? Are there any sweet spots with a high(er) minimum wage and low(er) cost of living? 

6 states where the minimum wage and cost of living offer the best bang for your buck

GOBankingRates

Do you know which states across America are the most affordable states to live in without any income tax? Trending Now: Here's How Much the Definition of Rich Has Changed in Every State Try This: How...

9 Cheapest States To Live in With No Income Tax

Virginia State

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Margaret Minnicks

Have you ever been out and about and needed to use a bathroom in an emergency? If you asked a restaurant, retailer, or other business if you could use their bathroom, they might have told you they had one for employees only. That situation is going to change in Virginia on July 1, 2024.

New Virginia law allows restroom access for those with medical issues in an emergency

If you’ve ever wondered how much your salary compares to the median salary in your state, then there’s some new research out from financial experts that answers your question. With inflation rising steadily over the past decade, it’s goes without saying that $10 doesn’t buy you what it did a few years ago. So, median salaries have certainly shifted over the years. That median salary also differs a lot depending on your state. So, here’s a tally of the latest median salaries, so you can compare your salary to the median salary in your state.

Compare Your Salary to the Median Salary in Your State

The first of June’s three Social Security payments, worth up to $4,873 for those who retire at 70, will be sent to the first group of retirees on Wednesday. Beneficiaries born on or before the 10th of their birth month should receive their Social Security checks Wednesday. People born on or after the 21st will receive their checks on June […]

Social Security update: First round of June payments worth $4,873 goes out Wednesday

Florida State

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A Piece of Travel

Are you just about to retire, or have you done so recently? Congratulations! If you think there's no better place to enjoy your golden years than in a state full of sun, sand, and fellow retirees, these are some of the top places to retire in Florida.

6 Ideal Florida Cities for Retirement

24/7 Wall St.

This is a list of the income a single adult needs to make to live comfortably in each state. Of course, “comfortable,” means different things for different people, so the definition we are using is the annual income needed to cover a 50/30/20 budget. That means 50% of your salary goes to necessities (housing, utility […]
The post The Income You Need to Live Comfortably in All 50 States appeared first on 24/7 Wall St..

The Income You Need to Live Comfortably in All 50 States

According to a recent analysis, Medicare and Social Security analyst Mary Johnson projects that in 2025, the Cost of Living Adjustment (COLA) for Social Security benefits will be lower. Relative to her May projection of 3.2 percent, she now projects a 3 percent increase in payments for seniors, survivors, as...

2025 Social Security COLA: Expected Impact on Disability Benefits

Newark, NJ

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Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

"The middle class is shrinking." You may have heard this phrase repeated on the news or during conversations with friends. Find Out: Here's How Much the Definition of Middle Class Has Changed in Every...

What Is the Median Household Income for the Lower Middle Class in 2024?

Texas State

Baytown, TX

A company in Texas is now laying off a whopping 4,000 employees as a giant company files for Chapter 11 bankruptcy. Zachry Holdings, a conglomerate with subsidiaries in construction, energy, and other industries, filed for Chapter 11 bankruptcy protection last month. The move allowed the company to pursue a “structured...

Company in Texas is Now Laying Off Whopping 4,000 Employees

The Center Square

(The Center Square) – The number of insured unemployed individuals increased by 26,000 to 1,858,000, in the week ending June 29, the highest level since November 2021.
                Seasonally adjusted initial unemployment claims reached 238,000, marking an increase of 4,000 from the previous week's revised figure of 234,000.
                These numbers were higher than expected, according to the Department of Labor, and are signs of a slowing job market.
   ...

Unemployment insurance claims continue to rise

Ali Carney, 46, of Newark, received a 65-month prison sentence for conspiring to distribute narcotics, including fentanyl and heroin, and possessing with intent to distribute fentanyl, according to U.S. Attorney Philip R. Sellinger.

Gang Member Sentenced to 65 Months for Drug Trafficking

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

The American Dream of a thriving middle class is fading fast. Recent data paints a stark picture of economic reality for many US workers, challenging long-held notions of financial stability and upward mobility. This article delves into the factors contributing to the decline of the middle class and explores the...

Say Goodbye to the Middle Class: Half of US Workers Made Less Than $41,000 Last Year

Alabama State

The beginning of 2024 brought good news to certain minimum wage workers, as 22 states and 38 cities and counties raised their own minimums above the federal minimum. As CBS News reported, the pay...

How Much Minimum Wage Will Go Up Every Year Through 2028

ScienceAlert

What if we could keep everyone out of poverty while also tackling the climate crisis? It sounds too good to be true, but it could be possible with a universal basic income scheme funded by taxing carbon emissions, a new study shows. Universal basic income (UBI) proposes that a regular...

Universal Basic Income Could Double World's GDP And Slash Emissions

NewsBreak

Good edu. results but at a high cost

The Vermont Legislature has passed a 13.8% increase in Vermonters’ property tax to fund our public education system. Now that we are paying more, what educational...

Good edu. results but at a high cost

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