Inflation Draining Social Security, Retirement Accts
The rise in inflation is especially hard for some senior citizens. Joyce Silla, a retired assistant director of housekeeping, has seen her savings depleted.
Ford Motor Company has announced an indefinite suspension of its electric F-150 Lightning production, resulting in a $19.5 billion charge against its earnings. Despite this, the automaker has raised its annual operating profit target to $7 billion, reflecting robust sales of its traditional gasoline-powered vehicles.