A Huge Social Security Shock for Retirees
In coming years, Social Security will owe more in benefits than it collects in revenue for one simple reason: Baby boomers are leaving the workforce faster than new workers are entering it. At that point, it's estimated that Social Security will only collect enough revenue to pay 79% of scheduled benefits, which means current and future recipients are looking at a 21% cut.
social revenue shock
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Target to limit number of shoppers in stores
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Substantial profit growth predicted for Delta Air Lines in 2020, despite climate concerns from investors
American airline Delta's chief executive Ed Bastian released a statement announcing substantial profit growth expectations for the airline in 2020, with share prices increasing from 6.75 to 7.75 USD. He ascribes the growth to the growing popularity of air travel despite rising climate change concerns from investors and anti-air travel protests in European countries.
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Reuters