Author: Daniel snow

A Social Security Administration office in Washington, D.C., March 26, 2025.Saul Loeb | Afp | Getty ImagesThe trust fund Social Security relies on to pay retirement benefits may be depleted in 2033, according to an annual report released by the Social Security Board of Trustees on Wednesday. That is unchanged from last year’s projections.At that time, 77% of those benefits will be payable, according to the report.Social Security’s combined trust funds — the Old-Age and Survivors Insurance and Disability Insurance trust funds — will have enough revenue to pay scheduled benefits and administrative costs until 2034, according to the report. That…

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Crude oil futures fell more than 1% on Wednesday, after President Donald Trump said Iran wants to negotiate over its nuclear program after six days of Israeli airstrikes.U.S. crude oil futures fell 91 cents, or 1.22%, to $73.93 a barrel, while global benchmark Brent was down $1.09, or 1.43%, to $75.36 per barrel.Trump told reporters outside the White House Wednesday that the Iranians had reached out to him and suggested that they send a delegation to the White House to negotiate.”They want to negotiate,” Trump said. “They even suggested that they come to the White House. That’s courageous. It’s like…

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Though the U.S. economy continues to report stable job numbers, plenty of people are having a lousy time looking for work these days.One way people are breaking through mass applications, AI interviews and HR ghosting? Returning to their ex-boss.The share of so-called boomerang hires, or people who rejoin an old company, made up 35% of new hires in March, up from 31% a year earlier and 27% in 2018, according to data from ADP Research.Boomerang hires skyrocketed in the information space, which includes telecommunications, broadcasting, publishing, computer programming and software development roles. Nearly 2 in 3 new hires in the…

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