A new proposal would cap Social Security benefits at $100,000 annually for wealthy retirees to address the fund’s impending insolvency. The policy would save up to $190 billion over a decade, ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. A new warning over Social Security’s long-term finances says the ...

The Social Security Administration projects that the trust fund it relies on to pay retirement benefits may run out in 2032, just six years away. Barring action from Congress to shore up the program, ...

The state Department of Human Services employee went around his downtown neighborhood and inflicted $20,000 in damage to six vehicles made by Elon Musk’s company. A state employee who admitted ...

Social Security’s primary trust fund may be drained a year sooner than expected, according to a new report from the Congressional Budget Office, an agency that provides budgetary and economic analysis ...

The US-based asset manager debuts a blockchain-enabled structure for its liquidity fund as onchain US Treasurys exposure nears $11 billion. Northern Trust Asset Management has launched a tokenized ...

The clock is ticking faster toward the depletion of Social Security's trust fund that helps fund benefits for about 70 million Americans. When the fund is depleted, Social Security recipients could ...

Each weekday, in our Management Tip of the Day newsletter, HBR offers tips to help you better manage your team—and yourself. Here is a curated selection of our favorite Management Tips on building ...

A Dallas bankruptcy judge has recused herself from overseeing the case of a hedge-fund manager to resolve allegations of bias around the similarities between her fictional novels and real-life people ...

Social Security's main trust fund could be depleted a year earlier than expected, according to a projection from the Congressional Budget Office (CBO) released earlier this month. The CBO forecasts ...

A critical trust fund that helps finance Social Security benefits is on track to reach insolvency in 2032, when automatic benefit cuts would occur without action from Congress, a new report finds. The ...