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3 Social Security wage garnishment rules retirees should know now
MoneyWatch: Managing Your Money 3 Social Security wage garnishment rules retirees should know now We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she wri...
Viral beauty chain confirms four new UK store openings including first-ever shops in Scotland
Beauty giant Sephora has confirmed plans to open four new UK stores this summer, including its first-ever locations in Scotland.The popular retailer will launch new shops in Edinburgh, Glasgow and London as part of its continued expansion across Britain.Edinburgh’s St James Quarter will welcome Scotland’s first Sephora store on July 9, while Glasgow’s Silverburn shopping centre will open its branch on August 13.The Scottish launches will give shoppers access to a range of Sephora UK exclusives a...
UK’s top retailers urge government to do more for jobless young people
Bosses of M&S, Sainsbury’s and Tesco among those writing to Starmer calling for action on youth unemployment crisisWe would like to hear from young people in the UK about their job-hunting experiencesSome of the UK’s biggest retailers are planning to write to the prime minister urging him to tackle the youth unemployment crisis, with signatories expected to include the bosses of Marks & Spencer, Sainsbury’s and Tesco.Lobby group the British Retail Consortium said it had drafted a letter to Keir...
Social Security's insolvency date is projected for end of 2032
MoneyWatch Social Security insolvency now projected for 2032, putting benefits at risk of a 22% cut .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Rep...
How One Family Preserved Wealth For 150 Years, While Another Lost Nearly Everything
BusinessHow One Family Preserved Wealth For 150 Years, While Another Lost Nearly EverythingByMichael Gold CFP, MBA, CEPA,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramJun 09, 2026, 11:44am EDTSuccessful dynastic families reinforce identity through storytelling, shared experiences, philanthropy, mentorship, and intergenerational participation. gettyAt one point, the Vanderbilt family possess...
Century-old British manufacturer collapses into administration with 170 jobs lost amid soaring costs
A century-old British manufacturer has collapsed into administration, leaving 170 workers without jobs after mounting losses and soaring costs pushed the business to the brink. Gateshead-based ceiling manufacturer Zentia appointed administrators from Interpath on Monday after efforts to secure a future for the company failed.The North East business, which first began operations in 1925, had celebrated its centenary last year after building a long-standing reputation supplying ceiling systems to...
Prediction Markets Are Becoming Retail Trading’s Next Dangerous Game
BusinessPrediction Markets Are Becoming Retail Trading’s Next Dangerous GameByDaniel Schlaepfer,Forbes Books Author.for Forbes BooksAUTHOR POSTExpertise and opinions of authors published by ForbesBooks. Imprint operated under license. | Paid ProgramJun 09, 2026, 11:29am EDTAs prediction markets gain popularity, young traders need to beware of the risks—and their sophisticated competition.gettySomething is happening in American finance that deserves far more attention than it is getting.Two indus...
Palantir to sue Sadiq Khan over blocked £50m Met police contract
US spy-tech company to challenge London mayor’s intervention after he raised concerns over breach of procurement rulesPalantir intends to sue the London mayor, Sadiq Khan, after he blocked a contract between the US spy-tech firm and the Metropolitan police.The Met had planned to use Palantir’s software to automate intelligence analysis in criminal investigations, until Khan intervened in late May, sparking a row between the UK’s largest police force and the mayor’s office. Continue reading...
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Former US Airways Top Exec, Who Defined The Airline, Turns 100 Today
BusinessAerospace & DefenseFormer US Airways Top Exec, Who Defined The Airline, Turns 100 TodayByTed Reed,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Charlotte-based reporter Ted Reed covers airlines and airline labor.Follow AuthorJun 09, 2026, 11:12am EDTThe tails of USAir, Northwest and American Airlines pass each other in July 2001 at ORD. (Photo by Tim Boyle)Getty ImagesEd Colodny, a towering postwar airline executive who presided over four signif...
Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war
National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the warDonald Trump has claimed US fuel prices are “not very high, relatively speaking” as his administration grapples with affordability concerns after the surge in costs sparked by his war on Iran.The national average gas price stood at about $4.16 per gallon on Tuesday, according to AAA – $0.37 lower than a month ago, but still about $1 more expensive than the same time last year. Cont...
ATF price stabilisation plan: Jet fuel prices rise 10% as oil retailers roll out scheme
Aviation turbine fuel prices rose by 10% as a government-backed price stabilization scheme locks in rates for airlines at Rs 115 per litre for up to three years. This voluntary scheme aims to shield carriers from global oil price volatility, with the government providing interest-free advances to oil companies if benchmark prices exceed Rs 86.32 per litre.
Billionaires’ Billions Are Increasing Faster Than Ever
Elon Musk’s potential new status as a trillionaire demonstrates in real time why there has been such a rapid rise in the concentration of wealth at the top.
Iranian Aggression Masks Economic Difficulties
BusinessEnergyIranian Aggression Masks Economic DifficultiesByAriel Cohen,Contributor.Forbes contributors publish independent expert analyses and insights. Ariel Cohen is a D.C.-based contributor who covers energy and securityFollow AuthorJun 09, 2026, 10:30am EDTIranian President Masoud Pezeshkian (R) and commander of the Islamic Revolutionary Guard Corps' Aerospace Force Amir Ali Hajizadeh look on as Iran's new Shahed 136-B drone is displayed during the annual military parade marking the anniv...
US visa interview in 10 days if you pay extra $750: All you need to know
The US State Department will soon begin a pilot project for an expedited B1/B2 visa appointment at a fee of $750. This will allow the applicants to get an interview appointment at selected posts within 10 days.
Marcellus Assets Create New Financing Possibilities
BusinessEnergyMarcellus Assets Create New Financing PossibilitiesByDaniel Markind,Contributor.Forbes contributors publish independent expert analyses and insights. I am an attorney who writes about energy issues and our world.Follow AuthorJun 09, 2026, 10:03am EDTSeparation vessel at the Devon Enrgy SAGD plant under construction south of Fort MacMurray in north Alberta. (Photo by Adrian Greeman/Construction Photography/Avalon/Getty Images)Getty ImagesJust a few short weeks after completing a $58...
After cutting 8,000 jobs, Mark Zuckerberg may have found a new way to fund Meta’s AI dreams
Meta's is looking to offload billions in stock, fresh off those layoffs, to bankroll Mark Zuckerberg's huge AI Superintelligence Labs. This follows Google's big money grab, showing Big Tech is really digging deep for AI infrastructure. Meta's massive spending on data centers and chips means they need more than just cutting staff to get the cash.
AI Is Finally Delivering Real Business Value
InnovationAI Is Finally Delivering Real Business ValueByJo Debecker,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 09, 2026, 09:45am EDTJo Debecker is President and CEO of Akkodis. gettyAI has seemingly made its way into every boardroom. Investment dollars have poured in and expectations have risen accordingly. But for many organizations, the re...
The Growing Bipartisan Support For Protecting The Freedom To Invest
InnovationSustainabilityThe Growing Bipartisan Support For Protecting The Freedom To InvestByMindy Lubber,Contributor.Forbes contributors publish independent expert analyses and insights. Mindy Lubber is CEO and president of Ceres, a sustainability nonprofit organization.Follow AuthorJun 09, 2026, 09:19am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SOUTH SAN FRANCISCO, CA - AUGUST 30: The sun shines over towers carryin...
Car finance payouts could be delayed by years over legal challenges, says FCA
Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog has warned that a wave of legal challenges to the compensation scheme for victims of the motor finance scandal could leave drivers waiting three more years for payouts, while piling £6bn of extra costs on to lenders.Bosses at the Financial Conduct Authority (FCA), who have consistently hit out at lenders and a consumer claims group for challenging its scheme, to...