By Lisa Marie Segarra; Fortune ~ Jul 20, 2017
The Social Security Administration is warning people against a new scam trying to defraud people out of their Social Security checks.
The calls have been coming from a 323 area code and claim to be from a Social Security Administration employee, according to a release from the administration. The caller tells the victim they are eligible for an increase in their Social Security benefits for a 1.7% cost-of-living adjustment.
By Suzanne Woolley; Bloomberg ~ Jul 20, 2017
Alicia Munnell wants to make one thing clear. Social Security is not going bankrupt. The program that the economist calls “the most valuable component of our retirement system” is a sustainable system and can be fixed. America has just been avoiding the hard choices it has to make if it wants to keep Social Security around for future generations.
By Jade Scipioni; Fox Business ~ Jul 20, 2017
American retirees are less happy and are experiencing a slight decline in their quality of life as the U.S. falls three places to No. 17 on the 2017 Global Retirement Index (GRI).
The report released this week by Natixis Global Asset Management found that out of 43 countries studied around the world, the U.S. fell in ranking despite showing strength in healthcare spending, financial institutions, as well as gains in environmental factors.
By Suzanne Woolley, Bloomberg – Jul 19, 2017
Retirement security in the U.S. took a significant hit in a global ranking, falling three notches to No. 17 among 43 developed countries.
The fifth annual Global Retirement Index ranking from Natixis Global Asset Management has Norway, Switzerland, and Iceland holding on to the top three slots from 2016. The ranking creates an overall retirement security score for each country from 18 performance indicators that address finances, healthcare, material well-being, and quality of life. Countries are also ranked by those four sub-indexes.
From “News Wire Feed”; Light Reading ~ Jul 18, 2017
DALLAS – AT&T is reinventing the cloud to boost the potential of self-driving cars, augmented and virtual reality, robotic manufacturing, and more. The company is embracing a model called edge computing (EC) to move the data crunching from the device to the cloud. Driving it will be single-digit millisecond latency that only tomorrow’s 5G can deliver.
By David P. Willis; Daily Record ~ Jul 18, 2017
Trust scammers to try to take advantage of a good thing.
Now fraudsters are calling Medicare recipients to tell them falsely they’ll need to pay for their new Medicare card, one that won’t have their Social Security number on the front.
By Julie Rovner; Kaiser Health News ~ Jul 18, 2017
Seven years of Republican vows to “repeal and replace” the Affordable Care Act came to a crashing halt Tuesday, when it became clear that the Senate could not muster the necessary votes for any of three separate proposals that have been under consideration.
The failure, at least for now, breaks one of the key promises Republicans have made to their voters since 2010, when the ACA first became law.
By Mari Silbey; Light Reading ~ Jul 17, 2017
When AT&T launched its DirecTV Now service, the company trotted out the rather damaging statement that it’s currently operating five separate video platforms. Convergence is the goal, but that’s going to take some time, and, meanwhile, AT&T is managing a balancing act across multiple platforms with multiple feature sets and multiple audience segments.
By Scott Moritz; Bloomberg ~ Jul 14, 2017
AT&T Inc. is planning major organizational changes to follow the $85.4 billion acquisition of Time Warner Inc., including a redefined role for Chief Executive Officer Randall Stephenson, as the telecommunications giant morphs into a media company.
From Andrew Biggs; Forbes ~ Jul 14, 2017
Yesterday, Social Security’s Trustees released their annual report on the program’s finances. There were no breathtaking changes, just a continuation of the slow and steady decline in the financial health of the federal government’s largest spending program and the largest source of income for most retirees. With Social Security, no news usually equals bad news.
