How much of my Social Security can be garnished for debt?

Certain debts could eat away at a portion of your Social Security benefits, making it tough to cover your expenses. Nora Carol Photography/Getty Images When it comes to managing your retirement finances, there’s typically little room for error. After all, it can be tough to cover even one major expense when you’re living on a …

Read more

Justice Department investigating oil market trading, sources say

Washington — The Department of Justice is investigating suspicious trading timed to swings in the oil market, according to two sources familiar with the investigation. Reuters first reported the trading. The existence of the investigation was first reported by ABC News. The oil market has been volatile amid the war with Iran. Tehran has effectively closed the …

Read more

$100,000 short-term CD vs. $100,000 long-term CD: Which will earn more interest now?

Interest earnings on a $100,000 CD account will stack up fairly quickly in today’s elevated interest rate environment. Getty Images/iStockphoto In a traditional economic landscape, interest rates on long-term certificate of deposit (CD) accounts were typically much higher than those available with short-term CDs — and the logic was easy to understand. Since savers were …

Read more

PM Starmer’s Leadership Woes Overshadow Parliament’s Grand Reopening

LONDON, May 13 (Reuters) – Britain’s grand State Opening ⁠of ⁠Parliament ceremony does not normally feature ⁠an elephant. But on Wednesday, there was a large figurative elephant in the room: ​an imminent leadership challenge that could put Prime Minister Keir Starmer out of a job before the summer and ‌consign his freshly minted plan for …

Read more

These top U.S. CEOs, worth nearly $1 trillion combined, are accompanying Trump to China

President Trump arrived in China alongside a delegation of billionaire U.S. executives, including Tesla CEO Elon Musk and Nvidia CEO Jensen Huang, underscoring the high stakes for American companies as Washington and Beijing negotiate over trade, artificial intelligence and the Iran was. The executives — whose combined net worth approaches $1 trillion — lead companies …

Read more

Trump arrives in China as Iran war looms over summit with Xi Jinping

Trump arrives in China as Iran war looms over summit with Xi Jinping – CBS News Watch CBS News President Trump touched down in Beijing on Wednesday ahead of his summit with Chinese President Xi Jinping. CBS News’ Courtney Kealy and Ramy Inocencio have the latest.