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Crude oil prices edge up after Wednesdays fall
2025-05-01 18:45:04| Spiritual Career Counseling
Crude oil price got some support following a report that the US and China could move closer to talks on the trade tariffs.| Photo Credit:iStockphotoCrude oil futures traded marginally higher on Thursday morning after witnessing more than 2 per cent decline on Wednesday. At 9.56 am on Thursday, June Brent oil futures were at $66.17, up by 0.08 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $62.31, up by 0.06 per cent. May crude oil futures were trading at 5353 on Multi Commodity Exchange (MCX) during the initial hour of trading on Thursday against the previous close of 5309, up by 0.83 per cent, and June futures were trading at 5316 against the previous close of 5,279, up by 0.70 per cent.Crude oil price got some support following a report that the US and China could move closer to talks on the trade tariffs. A Wall Street Journal report said that White House would be willing to lower its tariffs on China to start tariff negotiations.On Wednesday, Whit...
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Israel strikes a hospital in Gaza, forcing evacuation as strikes intensify
2025-05-01 17:45:03| Spiritual Career Counseling
The outpatient and laboratory wards of the Al-Ahli Arab Baptist hospital are seen after being hit by an Israeli army strike late Saturday, following a warning issued by the army to evacuate patients, in Gaza City, on Sunday. Jehad Alshrafi/AP hide caption toggle caption Jehad Alshrafi/AP DEIR AL-BALAH, Gaza Israel struck a hospital in northern Gaza early Sunday, forcing patients to evacuate as attacks intensified. The pre-dawn strike hit Al-Ahli Hospital in Gaza City, after Israel issued an evacuation warning, according to Gaza's ministry of health. One patient, a girl, died during the evacuation because medical staff were unable to provide urgent care, it said. The hospital is run by the Diocese of Jerusalem, which condemned the attack in a statement, saying it happened on "Palm Sunday, the start of the Holy Week, the most sacred week of the Christian year." Palm Sunday commemorates Jesus' entry into Jerusalem. Middle East crisis explained Palestinian deaths in Gaza rise above 50,...
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Employment
What Is a Social Security COLA and How Can It Affect Your Retirement Plan in 2025? | The Motley Fool
2025-05-01 17:45:03| Spiritual Career Counseling
When most of us retire, we'll be living off our investments, to some degree and, most likely, also receiving critical income from Social Security. It's only fair, since most of us have been taxed on our earnings for Social Security (and Medicare) for all our working lives.Here's a look at a key feature of Social Security benefits -- cost of living adjustments (COLAs) -- and how they might factor into your retirement planning.Image source: Getty Images.Meet the Social Security COLAJoin me on a quick trip in a time machine. The year is 1975 and you've just retired. You're collecting the average Social Security benefit at the time, which was around $207 per month. (That's close to $2,500 per year.) Fast-forward 50 years now and let's assume that you're still alive -- but very old. How much are you collecting from Social Security now?Well, if benefits had never been adjusted upward, you'd still be collecting $207 per month, in 2025. That certainly won't go nearly as far as it used to! Than...
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Employment