Social Security can't go bankrupt because its primary revenue stream is taxes on wages. But Social Security is facing a financial shortfall in the coming years that could result in broad benefit cuts.
Many people are worried that Social Security won't be around forever. Due to the nature of how the program is funded, it cannot go bankrupt. Benefit cuts are a big possibility, and retirees and ...
Social Security is the backbone of retirement income for tens of millions of Americans, yet headlines about "bankruptcy" have left workers and retirees wondering if the checks they count on will ...
Bankrupt 23andMe is facing a lawsuit over its plans to sell customer genetic information. Twenty-seven states and the District of Columbia took legal action this week against 23andMe in the U.S.
Bankrupt crypto exchange Mt. Gox has moved millions of dollars in Bitcoin (BTC) for the first time in eight months, signaling continued preparation for long-awaited creditor repayments. On-chain data ...
Residents of bankrupt long-term healthcare facilities are more likely to suffer adverse care outcomes, according to a new working paper released this week. Researchers found patients were more likely ...