Starting July 1, Medicare beneficiaries who qualify will have access to GLP-1 drugs for weight loss at $50 per month, marking the first time the federal insurance program covers the medications for that purpose. Experts say beneficiaries should carefully consider potential side effects and muscle loss before starting the drugs.
Midyear financial check-in: 4 money moves to make
Financial advisers often recommend rebalancing your portfolio during a midyear check-in. Here are four money moves to consider instead: [Note: The original article appears to be incomplete. The headline and opening paragraph are provided, but the four specific money moves are not included in the text submitted for editing. To complete this article to AP […]
Germany considers raising retirement age to 70. Could U.S. follow?
Germany may gradually raise its retirement age to 70 by 2092, but such a move would address only part of Social Security's funding gap. The proposal in Germany has drawn attention as countries worldwide grapple with aging populations and the financial sustainability of their pension systems. However, experts say raising the retirement age alone would […]
Discounted bond funds may offer investment opportunity
Professional investment advisers face strict regulations when managing clients' money, but individual investors do not. This difference in constraints creates potential opportunities in the bond fund market, particularly among funds trading at discounts to their net asset value.
Medicare proposal would cap annual out-of-pocket expenses at $5,000
A long-shot proposal would guarantee some cost protection to all people with Medicare by capping annual out-of-pocket expenses at $5,000. According to estimates, the bill could cost the government tens of billions of dollars.
Annuities expanding in 401(k) plans. Should workers consider them?
The Trump administration is pushing to expand annuities in 401(k) retirement plans, a development that presents both potential benefits and drawbacks for workers. Annuities, which convert savings into guaranteed income streams, are becoming more prevalent in workplace retirement accounts as policymakers seek to address retirement security concerns. However, financial experts warn that the products come […]
Bills exclude O.J. Simpson from new stadium, avoiding institutional controversy
The Buffalo Bills will not honor O.J. Simpson among the franchise greats displayed in their newly constructed Highmark Stadium, marking a departure from his prominent recognition in their previous venue. Bills Chief Operating Officer Pete Guelli said the decision was an "organizational decision" that Simpson simply isn't "a fit" for the new space. Simpson's on-field […]
Trump’s endorsement power reshapes GOP primaries, ousts Cassidy in Louisiana
Rep. Julia Letlow's victory over state Treasurer John Fleming in Louisiana's Republican Senate runoff demonstrated the commanding influence of Donald Trump's endorsement in reshaping the GOP's congressional delegation. Letlow finished first in the primary with a commanding lead over Fleming, then widened that gap in the runoff. But the most significant outcome was what happened […]
Michelle Pfeiffer recalls feeling ‘humiliated’ at ‘Grease 2’ audition that launched her career
Michelle Pfeiffer's breakthrough came not from confidence but from resilience and a director who saw potential she couldn't see in herself. The 68-year-old actress told Entertainment Weekly about auditioning for "Grease 2," the 1982 musical that launched her to stardom. The story she shared wasn't one of overnight success or a director's instant discovery—it was […]
Malaysian telecom’s child safety plan raises surveillance concerns
Tune Talk, a Malaysian mobile operator, has launched Epik+ Family Safe, a mobile plan that provides network-level content filtering across 56 categories with three protection levels. The service enforces restrictions at the network layer rather than through apps or individual platform settings. While the company markets the plan as a parental safety tool, critics raise […]