A historic Ford dealership in Holden, Massachusetts, is preparing to close its doors after more than 100 years in business. Sunnyside Ford, which celebrated its 100th anniversary in March, will officially cease operations on November 22, 2024. A Rich History Originally opened in 1923 as a garage servicing Ford Model Ts, Sunnyside Ford became an…
Big Lots, a major discount retailer, is set to close 56 more stores as part of its ongoing Chapter 11 bankruptcy proceedings, reflecting the escalating challenges within the retail sector. Following weeks of speculation, the company has confirmed that it will shutter a total of 295 locations, with around 250 more slated to close before…
Target has officially announced that all of its 1,956 stores will be closed for a full day to celebrate Thanksgiving this year, which falls on November 28. The decision is part of the company’s commitment to allowing employees the day off to spend with their families. A Shift in Holiday Practices This year marks the…
Drivers are in line for a potential payout of $550 following a significant $2.09 million settlement with insurance giant State Farm. This settlement addresses claims that the company underpaid car owners by excluding “diminished value” payments from their insurance claims. Eligibility Criteria for Payout To qualify for this settlement, car owners must meet specific conditions…
U.S. citizens are being urged to check their eligibility for a one-time payment of up to $3,244 as part of a class action lawsuit against Magid Glove, a popular protective equipment and clothing brand. This is the final opportunity for those affected to apply for the cash, with no proof of purchase required. Settlement Overview…
The deadline is fast approaching for Americans to claim their share of a $115 million payout stemming from privacy concerns. This settlement follows a class action lawsuit filed against Oracle America, Inc. in California in 2023. Lawsuit Background The complaint alleges that Oracle illegally collected personal information and sold it to third parties for advertising…
The Social Security Administration has unveiled the new 2025 Cost-of-Living Adjustment (COLA) increase. As we emerge from the pandemic, inflation reached unprecedented levels, causing financial turmoil for many consumers and adding stress to retirees reliant on fixed incomes. Easing Inflation Brings Mixed Feelings Fortunately, inflation has significantly eased in 2024, offering much-needed relief from the…
The Social Security Administration (SSA) has confirmed that the 2025 Cost-of-Living Adjustment (COLA) increase will not be sent until December 31, 2024, for Supplemental Security Income (SSI) recipients. In contrast, citizens who qualify for retirement benefits will see their COLA boost reflected in their January 2025 payments. Upcoming October Payments It’s important to note that…
The Social Security Administration (SSA) has unveiled the 2025 Cost-of-Living Adjustment (COLA) for retirees, Supplemental Security Income (SSI), and Social Security Disability Insurance (SSDI) recipients. The new adjustment will increase benefits by 2.5%, representing a decrease from the 3.2% adjustment made in 2024. Impact of the 2025 COLA on Benefits For retirees, the 2025 COLA…
Social Security plays a crucial role in providing financial security for millions of Americans. This program ensures that retirees, individuals with disabilities, and survivors can sustain themselves financially after leaving the workforce. Without this safety net, many would face significant financial hardship, struggling to afford essentials like housing, food, and medical care. The Economic Impact…