Latest News of BENE
Donald Trump Wants to End the Taxation of Social Security Benefits -- but This Isn't the Cut-and-Dried Solution You Think It Is
The majority of retirees heavily rely on Social Security for financial support. Former President Trump proposed eliminating taxes on Social Security benefits, but this may worsen the program's financi...
Biden Student Loan Forgiveness Program Clears Legal Hurdle -- Here's Who Could Benefit
A federal judge allowed the Biden administration to resume its student loan forgiveness program, estimated to cost $147 billion over a decade. Seven GOP-led states filed a lawsuit, but the ruling pave...
Arch Manning can lead Texas to title, but staying on bench will benefit him
Arch Manning has proven to be a strong contender for Texas' starting quarterback position with impressive performances in recent games, leading the team to victories. Despite being a top recruit, Mann...
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More Americans file for unemployment benefits last week, but layoffs remain historically low
By AP NEWS | 22 hours agoLast week, the number of Americans applying for unemployment benefits increased slightly to 225,000, above analysts' expectations. The four-week average decreased to 224,250, indicating overall stabil...
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Last pandemic-era student loan benefit ends even as borrowers struggle to make payments
By The Hill | 1 day agoThe pandemic-era student loan benefits have ended, leaving borrowers vulnerable to penalties for missed payments. Advocates fear a surge in defaults as borrowers struggle to afford repayments, with on...
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Banks are missing out on benefits of GenAI in client engagement: Bain & Co
By Yahoo! Finance | 1 day agoBain & Company notes banks lag in using generative artificial intelligence (GenAI) for marketing and customer engagement compared to other industries. Harnessing GenAI can enhance productivity, cut co...
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2 Unexpected Stocks Set to Benefit From the Artificial Intelligence (AI) Revolution
By Yahoo! Finance | 1 day agoAI technology is revolutionizing industries through applications like Duolingo and Docusign. Duolingo uses AI for personalized learning experiences, while Docusign's Intelligent Agreement Management b...
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Scrapping two-child cap risks keeping parents on benefits for life, IFS warns
By Yahoo! Finance | 1 day agoThe Institute for Fiscal Studies warns that removing the two-child benefit cap could discourage parents from working, despite pulling 540,000 children out of poverty. The UK government faces challenge...
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These 2 sectors of the stock market are poised to benefit most if Trump wins in November, RBC says
By Yahoo! Finance | 1 day agoRBC Capital Markets predicts that a Trump victory in the November election would benefit energy and financial sectors the most due to his policies favoring these industries. Trump's support for domest...
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SNAP benefits, age requirements rise in last echo of debt ceiling fight. What it means.
By USA Today | 1 day agoSNAP beneficiaries will experience a slight benefit increase due to cost-of-living adjustments. Changes include raising the age for "able-bodied adults without dependents" to 54 and adjusting income e...
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Benefit trend: Employers opt to give workers an allowance for health coverage
By CBS News | 1 day agoDave Lantz faced high medical bills with his family's old health plan. Now, with an ICHRA, he has more control over his health spending and avoids big deductibles....
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SNAP benefits to change in October: Here's who's impacted
By Newsweek | 1 day agoSNAP recipients are facing changes with higher maximum allotments this fiscal year. While the increase in benefits is relatively small, recipients should review eligibility requirements based on house...
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Millions of Americans could lose out on more than $700 in healthcare benefits if Congress doesn't keep these tax credits
By Business Insider | 2 days agoVice President Kamala Harris and former President Donald Trump have differing economic plans, but the impact of the Affordable Care Act (ACA) is crucial. Enhanced subsidies have increased ACA enrollme...
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Port strikes will benefit my industry, CEO Says
By Newsweek | 2 days agoPrologis CEO, Hamid Moghadam, anticipates increased demand for warehousing due to ongoing port strikes, despite concerns over economic impact and disruptions to supply chains. The strikes are expected...
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Here's How Much the Average Social Security Benefit Will Increase Next Year if the Current COLA Estimate Is Correct
By Yahoo! Finance | 2 days agoThe official Social Security cost-of-living adjustment (COLA) for 2025 is calculated based on inflation data from July, August, and September. An estimate suggests a 2....