Medicare premiums increasing in 2025

Medicare’s premium increase for Part B in 2025 outpaces both inflation and the Social Security cost-of-living adjustment (COLA).

US Stocks, bitcoin soar after Trump win; Dow jumps 1,200 amid inflation

The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. Among the losers the market sees: the value of the Mexican peso and potentially anyone worried about higher inflation.

New airline refund rules in effect

The way travelers receive refunds from airlines is changing. New rules from Secretary of Transportation Pete Buttigieg lay out a quicker, more robust way for ticketholders to get money back on canceled and delayed flights. Some experts, however, say this may lead to price hikes.