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Police officers in upstate New York will not face criminal charges in connection with the death of a man who doused himself with hand sanitizer and then caught on fire when one of the officers shot a stun gun at him, the state attorney general's office said Friday. Attorney General Letitia James’ office released a report on Jones' death and the officers' actions, concluding that a prosecutor would not be able to prove beyond a reasonable doubt that the officers committed crimes. The officers determined Jones “could be” a danger to himself or others and decided to take him into custody, according to James’ office. One officer shot Jones with a stun gun, and his head and upper body burst into flames for about 25 seconds. There was no discussion,” he said, adding the stun gun use "was reactive and wholly unnecessary.”

Persons: general's, Jason Jones, Letitia James ’, Jones, Mr, ” James, ” Jones, James ’, Kevin Luibrand, Luibrand, ” Locations: New York, Catskill, Albany

☆ Stanford suspends lecturer accused of making his Jewish students stand in a corner and calling Israelis 'colonizers'
▼ + stars: | 2023-10-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

The lecturer is alleged to have singled out Jewish students based on their "backgrounds and identities." AdvertisementAdvertisementStanford University has suspended a lecturer following reports that he directed Jewish students in his class to stand in the corner and described Israelis as 'colonizers.' "'He then asked Jewish students to raise their hands,' separated those students from their belongings, and said he was simulating what Jews were doing to Palestinians,", Cohen told the Chronicle. In a statement, Stanford University said: "Without prejudging the matter, this report is a cause for serious concern. Cohen, Mandelshtam, and Stanford University did not immediately respond to a request by Insider for comment.

Persons: Stanford, —, Nourya Cohen, Andrei Mandelshtam, Israel, Cohen, Mandelshtam, Rabbi Dov Greenberg, Greenberg, he'd Organizations: Hamas, Service, Stanford University, San Francisco Chronicle, Chronicle, Jewish, Stanford Jewish Center, Harvard, Harvard University Locations: Israel, Gaza

☆ US Must Be Ready for Simultaneous Wars With China, Russia, Report Says
▼ + stars: | 2023-10-12 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +4 min

By Jonathan LandayWASHINGTON (Reuters) - The United States must prepare for possible simultaneous wars with Russia and China by expanding its conventional forces, strengthening alliances and enhancing its nuclear weapons modernization program, a congressionally appointed bipartisan panel said on Thursday. The report from the Strategic Posture Commission comes amid tensions with China over Taiwan and other issues and worsening frictions with Russia over its invasion of Ukraine. A senior official involved in the report declined to say if the panel's intelligence briefings showed any Chinese and Russian nuclear weapons cooperation. "The United States and its allies must be ready to deter and defeat both adversaries simultaneously," the Strategic Posture Commission said. If such measures are not taken, the United States "will likely" have to increase its reliance on nuclear weapons, the report said.

Persons: Jonathan Landay WASHINGTON, Madelyn, Jon Kyl, Kyl, Joe Biden's, Jonathan Landay, Lisa Shumaker Organizations: Democratic, Republican, Arms Control Association, Pentagon, Columbia Locations: United States, Russia, China, Taiwan, Ukraine, Russian, U.S, Asia, Europe

☆ Flexport to cut 20% of staff one month after CEO shakeup
▼ + stars: | 2023-10-12 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —Supply chain management company Flexport said it plans to lay off 20% of its workforce on Friday, just one month after a chaotic CEO shakeup that played out, in part, on social media. In a memo to employees, Ryan Petersen, Flexport’s CEO and its founder in 2013, said the company’s decision to cut staff was made to help return Flexport to profitability without raising prices. He returned to his role as CEO last month after Dave Clark, a former Amazon executive who came on a year ago as CEO, announced his resignation. Last month Petersen also announced Flexport would rescind outstanding job offers days before some applicants were scheduled to start working. At the time, Flexport said the staff reduction was a result of a “macroeconomic downturn that has impacted businesses around the world.”

Persons: Flexport, shakeup, Ryan Petersen, Dave Clark, Petersen, Clark, “, won’t, ” Petersen, It’s, ” Organizations: CNN, Supply, Amazon Locations: Flexport

☆ Hamas duped Israel into thinking it wasn't planning an attack by posting misleading messages on private channels that it knew Israel was monitoring, security officials say
▼ + stars: | 2023-10-12 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Hamas' deadly attacks last weekend were the worst breach of Israel's security apparatus in decades. They carried out the attacks, in part, by posting misleading messages on monitored channels, NYT reported. And Israeli officials took those messages at face value, the officials, who laid out several reasons why Israel didn't anticipate the assault, told the publication. In addition to failing to vet the accuracy of the messages, Israeli intelligence officials weren't diligent in monitoring key channels militants used to communicate, the report said. AdvertisementAdvertisementThe Israeli Defense Forces said that more than 1,200 people died as a result of Hamas' attacks, including at least 25 Americans.

Persons: —, Israel didn't, Israel, It's, Yoav Gallant Organizations: Service, New York Times, Israeli Defense Forces, Washington Post, Cross Locations: Israel, Gaza

☆ Small Ukraine assault units of under 12 are attacking Russia on foot and triggering chaos along the front: report
▼ + stars: | 2023-10-12 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine is using small assault groups of up to 12 to attack Russia's larger forces. Soldiers told The Washington Post these groups have helped to retake key villages, but there are risks. AdvertisementAdvertisementUkraine is deploying small groups of soldiers who are able to creep up close to Russian troops and carry out assaults, The Washington Post reported. Ukrainian soldiers told The Post that the tactic helped Ukraine retake the villages of Andriivka and Klishchiivka last month. A US veteran now fighting in Ukraine and training its soldiers told Insider last month that Russia's forces are so big that there is no way to outflank them.

Persons: Soldiers, —, It's Organizations: Washington Post, Service, Post, NATO, Washington DC Locations: Ukraine, Andriivka, Bakhmut, Russia

A federal judge is scheduled to hear arguments Thursday in a case filed by TikTok and five Montana content creators who want the court to block the state’s ban on the video sharing app before it takes effect Jan. 1. U.S. District Judge Donald Molloy of Missoula is not expected to rule immediately on the request for a preliminary injunction. Content creators say the ban violates free speech rights and could cause economic harm for their businesses. Chinese law allows the government to order companies to help it gather intelligence. Meanwhile, 18 attorneys generals from mostly Republican-led states are backing Montana and asking the judge to let the law be implemented.

Persons: TikTok, Donald Molloy, Montana, hasn’t, ByteDance, “, Montanans Organizations: U.S, District, U.S . State Department, Oracle, Montana Legislature, American Civil Liberties Union, Frontier Foundation, Republican Locations: Montana, Missoula, U.S, Beijing, China, . Montana

NEW YORK (AP) — Tens of millions of older Americans will see a modest increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments. Here's what to keep in mind:Political Cartoons View All 1209 ImagesHOW DOES SOCIAL SECURITY WORK? The Social Security program pays roughly $1.4 trillion in benefits to more than 71 million people each year, including low-income individuals with disabilities. The short answer is that taxes fund Social Security. While the money is used to pay people currently receiving benefits, any unused money goes to the Social Security trust fund.

Persons: Kathleen Romig, ”, Mark Hamrick, Hamrick, Charles Schwab Organizations: Social, Bureau of Labor Statistics Consumer, Social Security, Budget, Bureau of Labor Statistics ’, “, Boomers, Associated Press, Charles, Charles Schwab Foundation, Inc, AP

☆ US must be ready for simultaneous wars with China, Russia, report says
▼ + stars: | 2023-10-12 | by ( Jonathan Landay | ) www.reuters.com time to read: +3 min

The report from the Strategic Posture Commission comes amid tensions with China over Taiwan and other issues and worsening frictions with Russia over its invasion of Ukraine. A senior official involved in the report declined to say if the panel's intelligence briefings showed any Chinese and Russian nuclear weapons cooperation. The report contrasts with U.S. President Joe Biden's position that the current U.S. nuclear arsenal is sufficient to deter the combined forces of Russia and China. "The United States and its allies must be ready to deter and defeat both adversaries simultaneously," the Strategic Posture Commission said. It should also extend the operational lives of ballistic missile submarines and deploy more tactical nuclear weapons in Asia and Europe.

Persons: Ian Dudley, Madelyn, Jon Kyl, Joe Biden's, Jonathan Landay, Lisa Shumaker Organizations: Minuteman, Daylight, Vandenberg Air Force Base, . Air Force, REUTERS, Rights, Democratic, Republican, Thomson Locations: California, U.S, Handout, United States, Russia, China, Taiwan, Ukraine, Russian, Asia, Europe

☆ Here are Thursday's biggest analyst calls: Target, First Solar, Ford, Netflix, Amazon, Spotify, Exxon Mobil and more
▼ + stars: | 2023-10-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Goldman Sachs reiterates Amazon as buy Goldman Sachs said it's standing by its buy rating ahead of earnings later this month. Citi reiterates Netflix as buy Citi said it's standing by its buy rating on the stock heading into earnings next week. Bank of America reiterates Ford as buy Bank of America said its standing by its buy rating on the stock despite the strike at Ford's largest truck plant. Bank of America upgrades Target to buy from neutral Bank of America said it sees an attractive risk/reward for Target shares. " RBC downgrades ResMed to sector perform from outperform RBC said in its downgrade of ResMed that it sees slowing earnings growth.

Persons: Warby Parker, BTIG, Goldman Sachs, Morgan Stanley, it's, JPMorgan, Bernstein, underperform Bernstein, CLX, Ford, Wells, Wells Fargo, Truist, it's bullish, D.A, Davidson Organizations: Citi, Netflix, 4Q23, Barclays, Spotify, Taiwan Semiconductor, JPMorgan, RBC, BMO, Bank of America, Ford's, UAW, Detroit, underperform Bank of America, 3Q, Microsoft, " Bank of America, of America, Exxon Mobil, Exxon, Pioneer, Seaport, Mizuho Locations: 2H24

Recent indicators show that women are increasingly eager to put their money to work outside of traditional portfolio offerings. For instance, women accounted for 31.2% of angel investors in the first two quarters of 2022, a slight increase from 30.3% in the same period in 2021, according to a report by Jeffrey E. Sohl at the Center for Venture Research at the University of New Hampshire. This is "an encouraging sign that women angels are an increasing active segment in the angel market," especially as women are predicted to control the majority of the net worth in the U.S., the report said. If you have the money and inclination, angel investing is "a window to innovation across the economy," Jo Ann Corkran, co-CEO and managing partner of Golden Seeds, said Thursday at CNBC's Financial Advisor Summit. It doesn't depend on the market cycle and innovation is always happening, she added.

Persons: Jeffrey E, Sohl, Jo Ann Corkran Organizations: Center for Venture Research, University of New, Golden, CNBC's Financial Locations: University of New Hampshire, U.S

☆ Hamas duped Israel into thinking it wasn't preparing an attack by posting misleading messages on private channels that it knew Israel was monitoring, security officials say
▼ + stars: | 2023-10-12 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

Persons: —, Israel didn't, Israel, It's, Yoav Gallant Organizations: Service, New York Times, Israeli Defense Forces, Washington Post, Cross Locations: Israel, Gaza

☆ Housing market competition cools off, opening up more inventory and slowing down prices
▼ + stars: | 2023-10-12 | by ( Aruni Soni | ) www.businessinsider.com time to read: +2 min

Competition in the housing market is easing faster than normal this fall, a Zillow report said. The "rate lock" that kept potential sellers on the sidelines because of high mortgage rates is abating. As a result, housing supply ticked with total listings for sale up 0.2% in September from August. AdvertisementAdvertisementCompetition in the housing market is easing faster than normal, as home prices ticked lower last month and inventory loosened up, Zillow said Thursday. AdvertisementAdvertisementAnd the Mortgage Bankers Association said this week that mortgage rate applications inched upwards too.

Persons: —, Zillow, Jeff Tucker, it's Organizations: Service, Mortgage Bankers Association

☆ Wall St bonuses may drop 16% as higher rates threaten businesses - NY Comptroller
▼ + stars: | 2023-10-12 | by ( ) www.reuters.com time to read: +1 min

[1/2] The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing RightsOct 12 (Reuters) - Wall Street bonuses could fall 16% this year as interest rates possibly staying higher for longer threatens the performance of financial companies, according to New York State Comptroller Thomas DiNapoli. The drop, however, would be less sharp than last year's 26% decline that shrank bonuses to $176,700 on average. While higher-for-longer rates could impede business activity, some experts have predicted the central bank would manage to guide the economy to a soft landing. Reporting by Niket Nishant in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: Carlo Allegri, Thomas DiNapoli, DiNapoli, Goldman Sachs, Morgan Stanley, Niket, Vinay Dwivedi Organizations: New York Stock, REUTERS, New York, Federal, Securities, Thomson Locations: Manhattan, New York City , New York, U.S, New York City, Bengaluru

WASHINGTON (AP) — Millions of Social Security recipients will get a 3.2% increase in their benefits in 2024, far less than this year's historic boost and reflecting moderating consumer prices. About 71 million people — including retirees, disabled people and children — receive Social Security benefits. The maximum amount of earnings subject to Social Security payroll taxes will be $168,600 for 2024, up from $160,200 for 2023. There have been legislative proposals to shore up Social Security, but they have not made it past committee hearings. A March poll by The Associated Press-NORC Center for Public Affairs Research found that most U.S. adults are opposed to proposals that would cut into Medicare or Social Security benefits, and 79% of people polled said they oppose reducing the size of Social Security benefits.

Persons: ”, Kilolo Kijakazi, —, Jo Ann Jenkins, “, Nancy Altman, Kevin McCarthy, Alfred Mason, Mason Organizations: WASHINGTON, Social, Social Security Administration, AARP, Social Security, Security, The Associated Press, NORC, for Public Affairs Research, Bureau of Labor Statistics ’, CPI Locations: Louisiana

Lynch said his agency is seeking congressional authorization to study another round of deepening for the Savannah River shipping channel. The Army Corps of Engineers last year finished deepening the waterway by 5 feet (1.5 meters), a $973 million project that took 25 years to study and execute. And it’s not just for the Georgia Ports Authority. Buddy Carter, a Republican whose district includes Savannah's port, said they support studying another harbor expansion. “This port affects every county in Georgia,” said Georgia House Speaker Jon Burns, a Republican who attended the speech.

Persons: Griff Lynch, Lynch, We’ve, They're, Eugene Talmage, “, Sen, Raphael Warnock, Buddy Carter, ”, Jon Burns, Chris DeScherer, ” DeScherer Organizations: Georgia Ports Authority, Army Corps, Engineers, U.S ., Port, Georgia Department of Transportation, Army Corps of Engineers, Water Resources, Democrat, U.S . Rep, Republican, Southern Environmental Law, Wildlife Locations: SAVANNAH, Ga, Port, Savannah, U.S, Georgia, “ State, India, Thailand, Vietnam, U.S . East Coast, Panama, East Coast, Suez, Savannah's

A leading doctors group on Thursday formally withdrew its approval of a 2009 paper on “excited delirium,” a document that critics say has been used to justify excessive force by police. The American College of Emergency Physicians in a statement called the paper outdated and said the term excited delirium should not be used by members who testify in civil or criminal cases. Earlier this week, California became the first state to bar the use of excited delirium and related terms as a cause of death in autopsies. Other medical groups, including the American Medical Association, had previously rejected excited delirium as a diagnosis. The emergency physicians group had distanced itself from the term previously, but it had stopped short of withdrawing its support for the 2009 paper.

Persons: ”, Brooks Walsh, Gavin Newsom, Walsh, Joanna Naples, Mitchell, general's, Daniel Prude, Derek Chauvin, George Floyd, Elijah McClain, Manuel Ellis, “ It’s Organizations: Thursday, The American College of Emergency Physicians, Gov, National Association of Medical, American Medical Association, Physicians for Human Rights, New, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Philadelphia, Connecticut, California, New York, Minneapolis, Colorado, Washington, Naples

☆ Hyundai Motor to make BAIC's ARCFOX electric cars in Beijing - report
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

[1/2] A Beijing Hyundai sign is seen at an entrance to the Beijing Hyundai Motor plant in Chongqing, China October 8, 2018. REUTERS/Yilei Sun/File Photo Acquire Licensing RightsSEOUL, Oct 11 (Reuters) - Hyundai Motor has decided to produce Beijing Automotive Group Co's EV brand ARCFOX cars at its plant in Beijing in a bid for a breakthrough in a major market where it has been struggling to make a foothold, a news report said on Wednesday. The plan is for Beijing Hyundai Motor, a joint venture of Hyundai Motor (011760.KS) and Beijing Automotive Group (BAIC), to produce the ARCFOX vehicles, and the companies are discussing the details, the report cited the sources as saying. Beijing Hyundai Motor will likely oversee the design, production and quality control and use its plant in Beijing, the report said. When asked to comment on the report, Hyundai Motor said it was "currently reviewing various measures for EV production, but nothing has been decided," in a statement to Reuters.

Persons: BAIC, Jack Kim, Heekyong Yang, William Maclean Organizations: Beijing Hyundai, REUTERS, Yilei, Rights, Hyundai, Beijing Automotive, Korea Economic, Beijing Hyundai Motor, Hyundai Motor, Beijing Automotive Group, Reuters, Kia, Thomson Locations: Beijing, Chongqing, China, Rights SEOUL, Korea

☆ Luton Airport fire: All flights suspended at London hub following ‘significant’ blaze
▼ + stars: | 2023-10-11 | by ( Niamh Kennedy | Sharon Braithwaite | ) edition.cnn.com time to read: +2 min

London CNN —All flights have been suspended in London’s Luton Airport following the breakout of a “significant” fire in the airport’s Terminal 2 parking lot, the airport said in a statement on Wednesday. The airport said it would be closed until at least 3 p.m. local time, with passengers advised not to travel to the airport. “Crews have controlled and extinguished the fire at Luton Airport,” it said in a statement posted on X/Twitter. Efforts are still ongoing to extinguish a serious fire at Luton Airport. For anyone whose travel plans may be affected, please refer to the advice being provided by London Luton Airport.

Persons: “ Crews, Andy Hopkinson, Marcin Nowak, Shutterstock Hopkinson, Hopkinson, Tamara Hardingham, Gill Organizations: London CNN, . Bedfordshire, Rescue Service, Luton Airport, Luton DART, London Luton Airport, Airport, Wizz Air, Ryanair Locations: London’s Luton, ”, Bedfordshire, London

☆ Exxon in talks to pay over $250 per share for Pioneer - Bloomberg News
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: 1 min

Oct 10 (Reuters) - Top U.S. oil producer Exxon Mobil (XOM.N) is in talks to pay more than $250 per share for Pioneer Natural Resources Co (PXD.N), Bloomberg News reported on Tuesday. An all-stock deal could be announced as soon as Wednesday, the report said, citing people familiar with the matter. Reporting by Shubhendu Deshmukh in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Shubhendu Deshmukh Organizations: U.S, Exxon Mobil, Natural Resources, Bloomberg, Thomson Locations: Bengaluru

☆ China's consumer spending isn't roaring back to pre-pandemic levels yet
▼ + stars: | 2023-10-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Kevin Frayer | Getty Images News | Getty ImagesBEIJING — China's consumer spending still isn't growing as fast as it did before the pandemic, analysts said. Retail sales for the Sept. 29 to Oct. 5 holiday period rose by 9% from a year ago, according to state media reports of Ministry of Commerce data. China's retail sales fell by 0.2% in 2022, according to official figures. In the Asia-Pacific region, Chinese spending on luxury goods has already recovered to 2019 levels, the report said. Consumer spending has lagged China's overall economic growth since the pandemic started in early 2020.

Persons: Kevin Frayer, Christine Peng, Christine Peng UBS, Peng, Imke Wouters, Oliver Wyman, Wouters Organizations: Getty, BEIJING, Ministry of Commerce, UBS, CNBC, Consumers, Christine Peng UBS UBS, HSBC Locations: Beijing, China, Hainan, Europe, Asia, Pacific, U.S

☆ Cramer breaks down Piper Sandler's teen survey, says the demographic is 'fickle' but essential
▼ + stars: | 2023-10-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday broke down the semi-annual "Taking Stock with Teens" survey from analysts at Piper Sandler and said investors should think about what teenage consumers like. "This is the most notoriously fickle demographic out there," Cramer said, adding that he's too old to know exactly what teenagers are thinking. The company's analysts asked about teenagers' favorite brands in a number of sectors, including apparel, snacks, cosmetics and social media platforms. FritoLay-parent PepsiCo was teens' favorite snacking company, with its products Lays, Doritos and Cheetos in the top five favorite snack category, the report said. Tik-Tok and Meta -owned Instagram were some of participants' favorite social media platforms.

Persons: CNBC's Jim Cramer, Piper Sandler, Cramer, there's, SHEIN, e.l.f Organizations: Nike, PepsiCo, Apple

☆ Russian failures in Ukraine are forcing Moscow to give up on one of the biggest Putin-era military reforms
▼ + stars: | 2023-10-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

As a result, Russia's military is ditching one of the main reforms lauched under Vladimir PutinNEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The German Army in World War II routinely formed combined-arms battlegroups ("kampfgruppen"), as did the US Army's task forces. BTGs were composed of professional contract soldiers, who are generally more capable, competent, and motivated than the sullen conscripts that still hamper Russia's army today. A few high-readiness battalions can't compensate for the low-readiness conscripts that make up about one-third of Russia's army. ALEXANDER NEMENOV/AFP via Getty Images"The Russian military is well-suited to short, high-intensity campaigns defined by a heavy use of artillery," Michael Kofman and Rob Lee, both experts on Russia's military, wrote in June 2022.

Persons: Vladimir Putin, —, Vladimir Putin's, Josef Stalin, SERGEY VENYAVSKY, Olesya, Tkacheva, BTGs, SERGEI VENYAVSKY, ALEXANDER NEMENOV, Michael Kofman, Rob Lee, Michael Peck Organizations: Service, Russian, Red Army, Tactical Groups, Getty, Ukraine —, Brussels School, Governance, Wilson Center, Washington DC, German Army, US, Foreign Military Studies Office, Britain's Royal United Services Institute, Troops, Soviet Army, British Army, Ministry of Defense, Russian Armed Forces, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Russia, Chechen, AFP, Washington, Russian, Georgia, Moscow, Syria, Russia's, Krasnodar, Soviet, BTGs, Germany, Forbes

☆ Israel vowed to blaze through Gaza and destroy Hamas — a task it may find impossible
▼ + stars: | 2023-10-11 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Israeli Prime Minister Benjamin Netanyahu has pledged to destroy Hamas. AdvertisementAdvertisementIn the wake of the devastating terror attacks by militant group Hamas in Israel, the country's prime minister, Benjamin Netanyahu, vowed to destroy the group. And even if Israel succeeds in its assault, it is unlikely to completely destroy Hamas. Hamas could use the hostages as human shields, placing them at military and other sites likely to be targeted by the Israeli military. According to a 2017 study by RAND, Israel has sought to contain Hamas, but not outright destroy it.

Persons: Benjamin Netanyahu, —, Netanyahu, Israel, Insider's Jake Epstein, Tobias Borck, It's, Israel didn't, Michael Eisenstadt, Daniel Byman, Vohra Organizations: Service, Hamas, Royal United Services Institute, NBC, RAND, Israel, Military and Security, Washington Institute for Near East, Georgetown University, Foreign Locations: Gaza, Israel, London, Hamas

But she isn’t certain that it will be enough, even with her Social Security benefits. Charles Blahous, a former Social Security trustee, said the annual COLA announcement is a reminder about the program's stressed finances. Mary Johnson, Social Security and Medicare policy analyst at the Senior Citizens League, says her organization supports the Social Security Administration using whichever index is higher to best protect older people from inflation. The maximum amount of earnings subject to Social Security payroll taxes for 2023 is $160,200, up from $147,000 in 2022. There have been legislative proposals to shore up Social Security, but they have not made it past committee hearings.

Persons: Karla Abbott, she’s, Charles Blahous, Mary Johnson, Kevin McCarthy, Abbott, Alfred Mason, Mason, Jo Ann Jenkins, ” Johnson, “, ” Organizations: WASHINGTON, Social Security, Bureau of Labor Statistics, Senior Citizens League, Social Security Administration, Security, Social, AARP, Senior Citizens Locations: Sioux Falls , South Dakota, Washington, Louisiana

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