Social Security Will Go Bankrupt In 2035, One Year Later Than Prior Projections

When the fund goes bankrupt, Social Security benefits will be cut to 83 percent of what they are now. A new report shows that the Social Security system’s main trust fund will be depleted by 2035—one year later than a prior estimate, though concerns remain about the fund’s solvency. The Social Security Board of Trustees

Jury in Trump trial gets inside look into Michael Cohen payments

Prosecutor Matthew Colangelo questions Jeffrey McConney during former President Donald Trump’s criminal trial on Monday, May 6, 2024. Jane Rosenberg As much as this trial is about salacious headlines and tabloid drama, it’s also about accounting. McConney explained how Cohen’s $130,000 wire to Daniels’ attorney in October 2016 led to a series of 12 monthly

Hamas says it approves of cease-fire plan, but Israel says it has “gaps”

Hamas said it approved of a cease-fire proposal presented by Egypt and Qatar, but Israel’s response was that what Hamas agreed to is “far from meeting Israel’s core demands.”  Hamas leader Ismail Haniyeh informed Egyptian and Qatari leaders of Hamas’ “approval of their proposal regarding a ceasefire agreement” during a phone call on Monday, the