Cost of living News & Breaking Stories

"Teachers deserve more pay to cover living costs. Let's value their work with action, not just appreciation. Invest in education."

On International Women's Day, female hockey players aim for the Professional Women's Hockey League while women push for gender equality.

Biden to unveil plan to raise corporate taxes in State of the Union address, aiming to trim deficits and cut taxes.

Rising costs prompt seniors to consider returning to work, survey shows. Many say Social Security benefits won't cover expenses.

Plus Dane Housing partners with Mayor Rotheram and Liverpool City Region to improve homes, receives £8m funding for over 400 homes.

Social Security beneficiaries will receive a 3.2% increase in benefits next year, but won't know the exact amount until December.

Social Security recipients may receive a significantly lower cost-of-living adjustment for 2024, with estimates around 3.2%. This increase may not be enough to sustain the cost of living for most beneficiaries. Medicare Part B premiums are also expected to increase. The official adjustment will be announced on Thursday.

2023 saw the highest Social Security increase since 1981, but 2024's adjustment is expected to be lower due to inflation control measures. Stay updated for accurate benefit amounts.

General Motors (GM) has increased its contract offer to a 20% wage hike for US autoworkers in a bid to avoid a strike. Ford Motor has also confirmed it offered a 20% hike and other benefits. The United Auto Workers (UAW) is demanding 40% raises and major improvements in benefits. The UAW has outlined plans for a series of strikes targeting individual auto plants if agreements are not reached. The UAW is asking for 40% raises and major improvements in benefits. A full strike would hit earnings at each affected automaker by about $400 million to $500 million per week.

Graduate students at Duke University have won their election to unionize, forming the largest graduate student union at a private university in the South. The final vote count was 1,000 votes for the union and 131 against, with supporters receiving 88%. The university has seven days to challenge the results before they are certified. The Duke Graduate Student Union hopes to negotiate contracts with the university, focusing on issues such as equitable pay, improved benefits, and support for international students.

UPS warns of lower profits due to pay increases for US workers, with average full-time driver salaries set to rise to $170,000 annually.