The Treasury’s bond-market intervention isn’t working. So what comes next?
You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott Bessent.
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Another hot jobs report could also pressure the Federal Reserve to raise interest rates again in October.
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Social Security checks are projected to be cut by $540 a month in just six years
Social Security’s future may be even more dire than expected as time is running out to shore up the program’s finances.
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A new bill in Congress would lower the retirement age to 60. See who would qualify.
A new bill calling for lowering Social Security’s full retirement age from 67 to 60 for workers in physically demanding jobs could put additional strain on the trust fund that backs the system and create a two-tiered system among workers, retirement experts said.
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