The Social Security Administration announced a 3.2% cost of living adjustment (COLA) for Social Security benefits in 2024, which is higher than the historical norm of 2.6%. This will result in an average monthly payment increase of $50 to $1,907, and is intended to help seniors and other beneficiaries keep up with the rising cost of living. However, experts warn that with inflation still far from pre-pandemic levels, recipients may be at risk of losing financial ground with the smaller adjustment.
Posts tagged as “COVID-19”
Key takeaways: The COVID-19 vaccination cards are being phased out. The CDC has issued guidance to states and local health departments to help them transition…
Nancy Pelosi, the former Speaker of the House, has announced her intention to seek reelection in 2024 in order to help the Democratic party regain control of the House and to help San Francisco recover from the COVID-19 pandemic. Pelosi has been a key figure in the Democratic party for decades and has been a vocal advocate for the city of San Francisco. Her reelection bid is seen as a sign of her commitment to the city and the nation.
The FDA and CDC are expecting to approve a new COVID-19 booster shot to broaden immunity against currently circulating variants of the virus in the coming weeks. Vaccinated Americans are being warned against seeking out another booster this month, and instead should continue to follow safety protocols and get the current vaccine now. The updated booster shot will be available to the public in mid-September.
A federal jury in Miami has found four members of the Grenon family guilty of conspiring to defraud the United States and deliver misbranded drugs. The family was charged with one count of conspiracy to defraud the United States and deliver misbranded drugs, and one count of delivering misbranded drugs. The U.S. Food and Drug Administration has warned against the use of industrial bleach as a COVID-19 treatment, and the Grenons' sentencing is scheduled for October.
A U.S. federal judge has issued an injunction that restricts the Biden administration from meeting and communicating with social media companies to moderate their content. The ruling came in response to a lawsuit brought by Republican attorneys general, who argued the federal government had gone too far in its efforts to encourage social media companies to address posts. The judge noted that the government had failed to provide any evidence that its actions were necessary to protect public health or safety, and the ruling was welcomed by the Republican attorneys general. The ruling is likely to have a significant impact on the way social media companies moderate their content, and the Biden administration will likely appeal the decision.
The U.S. intelligence community has released a 10-page declassified report on the origins of Covid-19, finding no direct evidence of a "biosafety incident" at the Wuhan Institute of Virology and that natural exposure to an infected animal is the most likely scenario for the first human infection. The report also noted that the intelligence community has not seen evidence that the virus was released from the Wuhan Institute of Virology intentionally or accidentally, and that the Chinese government has not been fully transparent in its response to the pandemic.
At a news conference in Vienna, Saudi Energy Minister Abdulaziz bin Salman announced a 1 million barrel per day reduction in oil production, starting in July, to help stabilize the global oil market and prevent further price drops. This cut comes as the OPEC+ alliance agreed to extend earlier production cuts through next year, and Minister Salman noted that the cut could be extended and that the group “will do whatever is necessary” to ensure market stability.