Over 72.79 million Americans received some form of Social Security benefit in October, where the average monthly benefit stood at $1,787.08. The Social Security program serves as a crucial source of income for more than 54.15 million retirees across the country. While Social Security is designed to support retirement income levels, beneficiaries increasingly rely on … Read more
The Social Security Administration (SSA) announced a 2.5% Cost-of-living Adjustment (COLA) for 2025 in an October 10 press release, increasing Social Security and Supplemental Security Income (SSI) payments for over 72 million Americans. Based on inflation data, the SSA announces COLA hikes every year in October to help Social Security recipients fight inflationary pressures and … Read more
From September onwards, many US retirees in Connecticut, Colorado, Montana, Minnesota, New Mexico, Rhode Island, Utah, Vermont, and West Virginia could start receiving smaller monthly Social Security checks, by up to $200, due to a tax hike these states will impose on the benefits. The remaining 41 states don’t impose income taxes on Social Security … Read more
Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan. Now, both face a challenge from local sodas in those countries due to consumer boycotts targeting the brands as symbols of America, and by extension Israel, at a time of war in … Read more
AB InBev has seen demand for zero-alcohol brews rising among residents of some Middle Eastern countries, including Saudi Arabia, according to Jason Warner, its chief executive officer for Europe and the Middle East. Sales to tourists and expatriates have also grown. A bottle of Corona Cero, a non-alcoholic beer manufactured by AB InBev. The brewer … Read more
Business With a growing number of North American adults using drugs like Ozempic and Wegovy for weight loss, food companies are carefully watching to see how the craze is impacting their bottom line — and cooking up ways to market their products toward people on the medications. From Coca-Cola to yogurt-maker Danone, companies are monitoring the drug’s … Read more
Chocolate cake is globally renowned for its delicious cocoa flavour and when done right, moist sponge. Many people have a ‘favourite’ recipe for making chocolate cake, but few like James Martin’s take on it. Sharing his recipe on the BBC, James claimed: “Adding cola to this chocolate cake makes it incredibly moist and impossible to … Read more
