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Trump and allies defend Susie Wiles over blunt quotes about top officials in Vanity Fair story CBS NewsSusie Wiles Talks About the First Year of Trump's Second Term (Part 1 of 2) Vanity FairTrump Still Needs Susie Wiles The Atlantic6 takeaways from Trump chief of staff Susie Wiles' unvarnished interviews CNN
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US jobs report shows rise in unemployment BBCAmerica's job market just got some troubling news CNNWhite House Dismisses Rise in Unemployment The New York TimesJobless rate rises, adding to Trump's economic messaging woes Politico4 Takeaways From the Final Jobs Report of the Year Business Insider
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Kraft Heinz has named veteran Chicago-based executive Steve Cahillane as CEO beginning Jan. 1, taking the reins of the packaged food giant as it prepares to split into two companies.
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After years of big bets on EVs, the automaker is putting more money into gas-powered vehicles, hybrids, and extended-range models.
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Liverpool parade attacker jailed for more than 21 years for ploughing car into fans ReutersLiverpool parade crash: Paul Doyle sentenced to 21 years and six months in jail ESPNPaul Doyle Sentenced 21 Years for Parade Crimes YahooLiverpool parade driver jailed for 21-and-a-half years for using car as ‘weapon' to plow into crowds of fans CNNMan Who Plowed Car Into Liverpool F.C. Parade Is Sentenced to 21 Years The
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Brent crude falls to lowest level in almost five years
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New data shows that those higher costs to businesses led more entrepreneurs to close up shop or seek protection from creditors than last year.
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Black Friday used to be the biggest in-person shopping event of the year, but for six straight years, online sales have outpaced stores.
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Are you thinking of retiring soon? Perhaps earlier than you had planned years ago? A potential hurdle could be the incentives set up by the Social Security Administration - they calculate your benefits to reward you for staying in the workforce.
But if you are looking to take an early retirement, you're not alone.
SEE MORE What If I Retired Today?
In the first 15 months of the COVID pandemic (March 2020-May 2021), about 2.5 million Americans retired. That was about twice the number of people who retired in 2019. This means there were essentially 1.2 million fewer people in the workforce over the age of 55 than would otherwise be expected.
First, find out what Social Security benefits you can expect
For anyone born in 1943 or later, your full retirement age, as defined by the Social Security Administration, is between age 66 and 67, based on your birth year. If you're contemplating retiring before that, it's important to know that the Social Security program has been orchestrated to incentivize beneficiaries to delay claiming benefits. Specifically:
If you start taking benefits at age 62, your Retirement Benefit will shrink by 25% to 30%, depending on your birth year. That's because your lifetime annual benefits are decreased by approximately 8% for each year prior to your full retirement age you start to claim them.Conversely, your lifetime annual benefits increase by 8% for each year past your full retirement year if
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One year after posting a record profit, the Swiss National Bank swung to a 15 billion franc loss in 2018, as a double whammy of weaker global equity markets and a stronger Swiss franc eroded the value of its massive holdings of foreign stocks and bonds.
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