Daily Financial Intelligence at Your Fingertips
Discount retail giant Ross Dress for Less (ROST) is facing mounting pressures that may soon lead to noticeable changes in stores—and customers might not like what’s coming. Why Ross Stores Is Struggling In its Q1 2025 earnings report, Ross revealed:✔ Flat comparable sales (no growth vs. last year)✔ 2% drop in net income ($479M vs. $488M in Q1 2024)✔ 2.7% fewer customer visits…
Memorial Day weekend is here, and many Americans are gearing up for backyard cookouts filled with grilled favorites. But if seafood was on your menu, you may need to rethink your plans. A major food recall has been issued for a popular salmon product sold at Aldi stores across California, Nevada, and Arizona, due to an undeclared soy allergen—posing…
The recently passed House bill, aimed at reshaping tax policies, includes several measures impacting retirees—but one expected change was notably missing: no reductions in Social Security taxes. Dubbed the Tax Reform and Economic Relief Act, the legislation fulfills several campaign pledges, such as temporary tax exemptions on tips and overtime pay. However, it does not address…
Millions of retirees will see larger deposits this month thanks to the 2025 Cost-of-Living Adjustment (COLA). Here’s what to expect. Key Takeaways How Much More Are Retirees Earning in 2025? The 2.5% COLA hike means larger checks across all retirement tiers: Retirement Age Estimated Max Monthly Benefit 62 (Early) $2,831 67 (Full) $3,822 70 (Delayed) $5,108 Example: A…
