The Supplemental Security Income (SSI) program was established 50 years ago as a federal lifeline for people with disabilities and older adults. Since its inception, the maximum monthly benefit has increased to $943 for individuals and $1,415 for eligible couples. However, the average monthly benefit for individuals remains at around $698, falling significantly below the
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The transformation of Splash Mountain into Tiana’s Bayou Adventure marks a significant shift in Disney’s retheming strategy. Originally announced four years ago, this reimagined water ride is set to reopen on June 28 at Walt Disney World Resort in Orlando, Florida. The new theme takes guests on a journey through the swamps of New Orleans,
A recent recommendation by a panel of independent advisors to the Food and Drug Administration (FDA) has opened the door for Eli Lilly’s Alzheimer’s drug, donanemab, to potentially receive full approval in the U.S. later this year. This recommendation comes after years of failed attempts to develop effective treatments for the debilitating disease that affects
Homeowners across the United States are sitting on near-record amounts of home equity. The total home equity for U.S. mortgage holders has surged to over $17 trillion, making it a lucrative option for those looking to leverage their assets towards financial goals. This increase in equity per borrower, which has risen to approximately $305,000 from
Experts in the real estate industry seem to have conflicting views on where the housing market is headed in the latter half of the year. While some, like Glenn Kelman from Redfin, are optimistic about improvements, others remain cautious about predicting market trends. Kelman believes that the housing market has hit rock bottom in the
In a recent announcement, Moderna revealed the results of its late-stage trial for a combination vaccine targeting both Covid-19 and the flu. This innovative approach has shown to be more effective than existing standalone shots for these viruses, marking a significant milestone in the world of vaccination. Moderna’s decision to pursue a combination jab sets
The United States saw a remarkable increase in millionaires last year, standing out among other countries by adding 600,000 new millionaires. According to a report by Capgemini, the millionaire population in America grew by 7.3% in 2023, reaching a total of 7.5 million individuals. Their combined wealth surged to $26.1 trillion, up by 7% from
Chinese electric car company Nio is making bold moves to expand its presence into the Middle East market this year. CEO William Li announced the company’s plans during an earnings call, revealing that Nio will be introducing its lowest-cost brand, Firefly, in the first half of next year. This expansion comes at a time when
Rivian Automotive has recently announced an overhaul of its all-electric R1 pickup and SUV models, focusing on improving range, performance, and computing power. One of the most significant changes in the 2025 model-year vehicles is the incorporation of Nvidia chips to boost computing capabilities. The upgraded system now boasts ten times more performance than its
Inflation, though showing slight signs of improvement, continues to weigh heavily on consumers, as per Joel Anderson, CEO of discount retailer Five Below. Particularly, those in the lower-income bracket are experiencing the brunt of this economic pressure. Anderson emphasized the need for delivering value to customers, especially in the face of rising prices. While efforts