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Big News for SSDI Social Security Might Add $600 to Payments

Big News for SSDI: Social Security Might Add $600 to Payments

There has been a lot of misunderstanding recently due to speculations of a $600 increase in Social Security Disability Insurance (SSDI) payments. T he Social Security Administration (SSA), however, has corrected the record, saying that these stories are wholly untrue. The Social Security Administration issued the following unequivocal statement: “ALERT: Reports of a $600 payment...

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Fed's June Meeting: Rate Cuts Not in the Cards: What's Next?

Fed’s June Meeting: Rate Cuts Not in the Cards: What’s Next?

Almost nobody anticipates a reduction in interest rates from the Federal Reserve when its two-day meeting ends on Wednesday. However, investors and analysts will be watching for hints about when the central bank will really be able to lower its main rate and the number of times it may do so this year. As the...