Business

Social Security Q&A: What Is the Maximum Benefit I Can Receive?

Sunday, August 2, 2015

Question: I’m planning my retirement. What is the maximum Social Security benefit I might receive? Answer: The maximum benefit depends on the age you retire and how much you earned in your lifetime. For example, if you retire at age 62 in 2015, your maximum benefit will be $2,025. If you retire at full retirement age in 2015, your maximum benefit will be $2,663. If you retire at age 70 …

Business Notes: Aug. 2, 2015

Sunday, August 2, 2015

Several Upper Valley farms are set to participate in Vermont’s Open Farm Week. From Monday through Aug. 9, more than 100 farms across the state will be open for tours, tastings and educational activities. The event is sponsored by the Vermont Agriculture and Culinary Tourism Council, which, according to its website aims to …

At the Hospitals: Aug. 2, 2015

Sunday, August 2, 2015

Mt. Ascutney Hospital Opens New Acute Rehabilitation Center Windsor — The new acute inpatient rehabilitation center at Mt. Ascutney Hospital has opened its doors to patients. The 10-bed facility includes a simulation kitchen, transitional apartment, therapeutic workshop, space for family members to stay overnight and private patient rooms. It is located in Mt. …

Money Talk: Options for Paying for College

Sunday, July 26, 2015

Question: I have two kids heading to college. Both need co-signers for their student loans. Will me co-signing have a negative effect on my credit? The kids have no choice. I’m middle class, having made enough to get myself by as a divorcee, but there’s no college savings. …

Biotech, Commodities Lead Dow Retreat

Sunday, July 26, 2015

New York — U.S. stocks fell Friday, with the Dow Jones industrial average posting its worst week since January, as biotechnology shares slumped and raw-material producers sank amid fresh signs of a slowdown in China. Biogen lost 22 percent after cutting its 2015 earnings forecast. Raw-material and energy …

Robots Add to Job, Price Slump in Canada Oil

Sunday, July 26, 2015

Calgary — Truck driver Craig Huzulak is unemployed after losing his job four times since December — the new normal in a Canadian oil patch still reeling from a downturn. Huzulak, 49, was working at a mine last year near Fort McMurray, Alberta, when crude prices plunged and …

Automaker Recalls 1.4 Million Cars

Sunday, July 26, 2015

Three days after a report that hackers took control of a Jeep Cherokee and drove it into a ditch, Fiat Chrysler Automobiles recalled 1.4 million vehicles for a software update. The automaker said the hack appeared to be an isolated incident that could not be easily repeated. The …

Anthem Sets Merger With Cigna

Friday, July 24, 2015

Washington — Anthem, the nation’s second-largest health insurer by revenue, will acquire Cigna, the nation’s fifth largest, the companies announced Friday, creating a health insurance behemoth that raises fresh questions about competition in the industry. The $54.2 billion deal will create the largest private health insurer as measured …

Brattleboro Co-op Moving on From Unionization Fallout

Thursday, July 23, 2015

Brattleboro, Vt. — When the Brattleboro Food Co-op in southeastern Vermont’s largest town moved from its old Eisenhower-era shoebox of a building to a new $9 million, four-story block in 2012, everyone noticed the difference. But when co-op …

U.S. Housing-Market Recovery Hits 8-Year High

Thursday, July 23, 2015

Washington — America’s housing-market recovery is in full swing. Purchases of previously owned homes climbed 3.2 percent in June to a 5.49 million annualized rate, the strongest since February 2007, the National Association of Realtors said Wednesday. Lean inventory pushed prices to an all-time high and listed properties …

Lyme Restaurant Gets Clean Health Inspection Report

Tuesday, July 21, 2015

Lyme — A state inspection last week found no traces of rodents in Stella’s Italian Kitchen and Market, despite previous reports that rats had been found in the adjoining post office. The New Hampshire Division of Public Health Services held an unannounced inspection at the Lyme restaurant on …

Tough Choices as Elder Care Cost Soars

Tuesday, July 21, 2015

New York — Doris Ranzman had followed the expert advice, planning ahead in case she wound up unable to care for herself one day. But when a nursing-home bill tops $14,000 a month, the best-laid plans get tossed …

Social Security Q&A: How to Report Address Change for SSI Benefits

Sunday, July 19, 2015

Question: My father receives Supplemental Security Income. He recently moved, but he hasn’t reported his new address to Social Security yet. What’s the easiest way to do that? Answer: You can check your address online by using your personal my Social Security account at www.socialsecurity.gov/myaccount. It is very …