Federal News
The government next month is expected to announce the largest inflation catch up in years for most current federal and military retirees and those who get Social Security payments. The exact amount of the January 2022 adjustment won’t be known until … [Continue reading] about King-sized COLA coming — for some!
FINANCIAL MARKETS Stocks fall on fears of contagion from China real estate NEW YORK (AP) — Stocks are broadly lower, following declines overseas and extending a weak patch that has brought the U.S. market down over the past two weeks. The S&P … [Continue reading] about Update on the latest in business:
SAN FRANCISCO (AP) — Twitter said Monday it will pay $809.5 million to settle a consolidated class action lawsuit alleging that the company misled investors about how much its user base was growing and how much users interacted with its platform. … [Continue reading] about Twitter to pay $809.5 million to settle shareholder lawsuit
General Motors said Monday that production has resumed for battery modules used in recalled Chevrolet Bolt electric vehicles, and customers could start getting replacement parts by mid-October. GM said supplier LG has restarted production at plants … [Continue reading] about GM says production starts on replacement batteries for Bolts
SAN SALVADOR, El Salvador (AP) — El Salvador’s bitcoin-pushing president apparently changed his Twitter profile description to “dictator” Monday, in what might be an ironic comment on last week’s protests against him. The office of President Nayib … [Continue reading] about El Salvador president changes Twitter profile to ‘dictator’
