Even if you don't have an account, Facebook has advised millions to check it immediately
Millions told to check Facebook immediately:(Cottonbro studio/Pexels) Even if you've never signed up for the social network, Facebook might already have your phone number and email address.
Read full storyWhile some CT malls are experiencing a resurgence, others have an uncertain future
Some CT malls going through resurgence:(Dex Planet/Pexels) The 2022 holiday season will be dicey for other Connecticut malls as inflation reduces the buying power that consumers had after the initial stretch of the COVID-19 pandemic, yet many people's desire to leave the house is still strong. Danbury Fair is experiencing a rebound after a stretch of stubborn vacancies.
Read full storyFederal funding of millions will increase offshore wind in Bridgeport
Millions in federal aid to boost offshore wind:(Anoop VS/Pexels) The mayor of Bridgeport and a business on the harbor wish to establish Bridgeport as a center for future offshore wind energy projects thanks to federal funding of $10.5 million.
Read full storyThe Powerball drawing on Saturday ended without a winner. The current jackpot is a record-breaking $1.9 billion
New record jackpot prize tag:(Waldemar Brandt/Pexels) The largest lottery prize in the entire world is set to increase. With a cash option of $782.4 million, the Saturday jackpot had risen to $1.6 billion, the highest lottery reward ever. However, none of the sold tickets had all six of the winning numbers. The Powerball number was 20, and the winning numbers were: 28, 45, 53, 56, and 69. The power play was at 3.
Read full storyThanks to inflation, a crucial retirement tool just got better
A key retirement tool just got better:(A Koolshooter/Pexels) The amount you can put into your health savings account (HSA) increases by $200 for individuals and $450 for families for the upcoming year due to rising inflation.
Read full storyWest Haven will launch a composting pilot program called "Food to Clean Energy
West Haven to Start ‘Food to Clean Energy':(Tom Fisk/Pexels) In an effort to reduce the quantity of food waste wasted in landfills, West Haven will launch its new Food to Clean Energy initiative on Nov. 7.
Read full storyThe residents of New Haven want the free bus program to last forever
New Haven residents want permanent free bus fare program:(Guvluck/Pexels) The residents of New Haven are urging lawmakers to make the free bus program permanent, claiming it is "very necessary," particularly for children, seniors, people with disabilities, and those who live in poverty.
Read full storyA biotech company located in New Haven will increase jobs as it collaborates on a cancer drug
New Haven-based biotech company to add jobs:(Pixabay/Pexels) Cybrexa Therapeutics, a biotech company based in New Haven, will increase the size of its employee base by roughly 40% as a result of a partnership with a Californian company that might end up being worth more than $700 million to the Connecticut company.
Read full storyShould I make withdrawals from my 401(k) and postpone claiming Social Security benefits? The opinions of the experts
Should I draw from from my 401(k):(Tara Winstead/Pexels) The advantages of delaying Social Security benefits until you reach full retirement age are compelling: When you wait long enough, the maximum reward comes to you.
Read full storyCredit Card Use Has Risen to Pre-Pandemic Levels
Credit Card Usage Has Soared :(energepic/Pexels) American consumers have resumed spending after two years of increased savings and careful credit card usage. According to data from the credit reporting agency Equifax, credit card balances increased to $916 billion in September. Balances were last at this high a month before the pandemic, in December 2019.
Read full storyAfter reaching record highs, new car prices are finally declining.
New Car Prices Are Finally Coming Down:(Pixabay/Pexels) New car prices are finally declining with an increase in vehicle inventory and the highest auto loan interest rates in three years.
Read full storyInterest Rates: What You Need to Know but Were Afraid to Ask
Everything You Need to Know About Interest Rates:(Karolina Grabowska/Pexels) In 2022, a series of stories—including inflation, the start of a bear market, and a potential recession—have dominated the news about the economy. However, the federal government's series of sharp interest rate increases may have had the most impact on the market. Several additional bits of economic news are connected to these rate increases. They are a response to growing inflation and may raise the possibility of a full-blown recession.
Read full storyHow you might benefit from no-exam life insurance policy
No-exam life insurance policies could benefit you:(RODNAE Productions/Pexels) Life insurance might benefit you if you want to leave a financial legacy for loved ones. Your beneficiaries will get a cash payment from your life insurance policy after you pass away, which they can put toward any outstanding debts, funeral expenses, or other obligations.
Read full storyUS Outlook Said to Be Hurt by a Strong Dollar, with the Fed's Path Even More Tilted
US Outlook Said to Be Hurt by a Strong $$$:(Karolina Grabowska) According to economists surveyed by Bloomberg, a strong currency will probably have a negative impact on the forecast for the US economy and may change how high the Federal Reserve ultimately hikes interest rates.
Read full storyRetirement savings and 401(k) balances in the United States suffer a severe loss. Gen Z is the worst off
American retirement savings take a huge hit:(Karolina Grabowska/Pexels) Americans' confidence in their retirement plans is understandably declining as a result of the stock market crash and ongoing increases in the price of basic necessities due to inflation.
Read full storyHow to Recognize (and Respond to) an IRS Letter That Is Not From The IRS
You May Have Been Sent a Fake IRS Letter:(Anna Tarazevich/Pexels) Every day, the Internal Revenue Service mails tax-related information to millions of Americans. However, as a result of the confusion around tax returns and refunds caused by the pandemic, an increasing number of scams are emerging in an effort to prey on those who are looking for their tax refund or other information. There are simple ways to detect the difference if you recently got an envelope claiming to be from the IRS and are unsure whether it is real or fake.
Read full storyThe cost of health care is going to rise dramatically. Analysts describe the dramatic effects of inflation
Health care costs are about to skyrocket:(Pixabay/Pexels) Rising rent and food costs are not alone: healthcare costs are also on the rise, and what's worse is that economists predict they will rise even further and contribute to long-term high inflation rates.
Read full storyFor the first time since April 2002, mortgage rates have exceeded 7%
Mortgage rates top 7% for first time:(Jessica Bryant/Pexels) For the first time since April 2002, mortgage rates have reached 7%, giving price-conscious homebuyers one more reason to hold off.
Read full storySome people might receive a larger tax refund in 2024 following inflation adjustments
Some might see a bigger 2024 tax refund:(Nataliya Vaitkevich/Pexels) It's possible that people will receive bigger tax refunds when they file their taxes in 2024 as a result of the inflation-adjusted increases in the number of tax credits, deductions, and tax brackets for the next year.
Read full storyA change in energy prices won't reduce inflation. Winter utility bills to reverse gas savings.
Energy price shuffle means no inflation relief:(Pok Rie/Pexels) When one hand giveth, the other taketh away. The high cost of electricity these days may make some consumers feel that way because it doesn't seem to go from the budget, simply moving from one part to another.
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