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Social Security beneficiaries can expect a much lower cost-of-living adjustment (COLA) in 2024 than they got this year as easing inflation has lessened the need for the kind of historically high COLAs.
Legato Capital Management LLC grew its holdings in Stepan (NYSE:SCL – Free Report) by 78.2% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 12,836 shares of the basic materials company’s stock after buying an additional 5,634 shares during the period. Legato Capital Management LLC owned 0.06% of […]
Empower Advisory Group LLC purchased a new position in Stepan (NYSE:SCL – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 122,910 shares of the basic materials company’s stock, valued at approximately $12,646,000. Empower Advisory Group LLC owned about […]
The next cost-of-living increase for Social Security recipients is projected to be slightly higher than estimated in previous months, though still dramatically less than the 8.7% beneficiaries received in 2023.