Business Β· category
Personal Finance
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The Trump administration is reportedly looking to weaken a key protection for 401(k) retirement accounts, according to a report by Forbes. The move could affect safeguards that shield workers' retirement savings, though details of which protection is targeted and how it would be changed were not immediately available. The report has drawn attention from savers and personal finance observers concerned about retirement security.
- 2Many homeowners unaware of major insurance coverage gapβMany homeowners have a big insurance coverage gap β and don't even know it
Many American homeowners are underinsured without realizing it, leaving a significant gap between what their homes are worth and what their insurance policies would actually pay out after a disaster. Rising construction costs and home values have outpaced policy limits, meaning claims after fires, storms or other damage could fall far short of rebuilding costs, and experts urge homeowners to review their coverage now.
- 3Meta bans Toronto performer over bikini photoβMeta bans another Toronto performer from Instagram and Facebook over Bikini
Meta has banned another Toronto performer from Instagram and Facebook, saying an old photo of dancers in bikinis promotes harm. It is the latest in a string of similar removals affecting the city's performers, raising questions about how the company's automated moderation treats harmless images and about the appeal process available to affected users.
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A new report identifies the US states where home insurance is becoming unaffordable heading into 2026, highlighting regions where premiums are rising fastest relative to household incomes. The findings point to growing pressure on homeowners in disaster-prone areas, where insurers have been raising rates sharply or pulling out of markets altogether, leaving some families struggling to keep coverage.
- 5Powerball $360 Million Jackpot Drawing Results ReleasedβPowerball Winning Numbers: Results for Saturday September 26 drawing for the $360 Million jackpot
The Powerball numbers for the Saturday, September 26 drawing have been released, with an estimated jackpot of $360 million on the line. Lottery players across the United States checked their tickets after the draw, and attention now turns to whether anyone matched all six numbers to claim the prize or whether the jackpot rolls over.
- 6Social Security 2027 Raise and Medicare Part B Change to Show in JanuaryβSocial Security's 2027 Raise Is Announced in October. Medicare's Part B Increase Is Revealed in November. January's Deposit Is the First One to Show Both
The 2027 Social Security cost-of-living adjustment will be announced in October, while the Medicare Part B premium increase will be revealed in November. Retirees will only see the combined effect of both figures when the first payment arrives in January. Many older Americans track this timing closely because the premium increase can reduce how much of the annual raise they actually keep.
- 7Homeowner $8,000 Over Medicaid Limit Forced to Borrow Before Nursing Home CoverageβHis Mortgage-Free House Appraised at $760,000, Just $8,000 Over Medicaidβs Line. Nursing Home Coverage Waited Until He Borrowed Against It
A homeowner with a mortgage-free house appraised at $760,000 was denied Medicaid nursing home coverage because his assets sat just $8,000 above the eligibility line. Only after borrowing against the property did he qualify for coverage. The case highlights how strict asset limits can force elderly homeowners to take on debt against paid-off homes to receive long-term care benefits.
- 8Clark Howard Warns Capital One Quietly Shifted Cheapest Customers to Discoverβ'It Won't Work': Clark Howard Warns Capital One Quietly Moved Its Cheapest Customers to Discover
Consumer finance expert Clark Howard is sounding the alarm that Capital One has quietly migrated its least profitable, low-interest cardholders over to Discover after its acquisition of the bank. Howard argues the move won't work, suggesting customers may face worse terms or leave rather than accept a downgrade of their card products.
- 9New coalition urges Washington to fix tax fairnessβTo become more economically competitive, Washington must prioritize tackling tax fairness and securing sustainable reven
A new coalition called the Partnership for a Competitive Puget Sound has launched with the argument that Washington state must reform its tax system to stay economically competitive. The group says the state needs tax structures that are simple, fair, and competitive, while also securing sustainable revenue for public services. Supporters frame tax fairness and stable funding as essential to the region's long-term economic strength.
- 10Claiming Social Security Early Could Cut Benefits More Than Future CutsβSocial Security Cuts May Be Coming, but a Self-Imposed Cut Could Slash Your Benefits Even More
Financial commentators warn that while Social Security may face automatic benefit cuts in the coming years if Congress does not address funding shortfalls, retirees who claim benefits early can permanently reduce their own payments by an even larger margin. The advice circulating is to weigh claiming age carefully, since delaying benefits can offset some of the risk of future reductions.