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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Oct 14, 2020

Page

13

Social Security COLA Boost for 2021 set at 1.3 percent

The Social Security Administration estimates a 1.3 percent cost of living raise for 2021, adding about $20 monthly on average to retirees. The move comes amid the pandemic and concerns over Medicare and Social Security finances, with about 70 million people expected to benefit. AARP notes the boost remains crucial as health and economic pressures persist.

Washington Social Security Administration Donald Trump Joe Biden Mary Johnson Nonpartisan Senior Citizens League AARP Jo Ann Jenkins Diana LaCroix Omaha Nebraska

Apple unveils 5G iPhone 12 lineup and HomePod at virtual event

Apple introduced four 5G equipped iPhone 12 models priced from about 700 to 1100 dollars along with a cheaper HomePod. Analysts note potential for a 5G speed driven upgrade cycle, but current networks and demand remain uncertain amid pandemic effects. The new phones feature improved cameras, durability, and omitting power adapters to shrink packaging.

Apple Carolina Milanesi Creative Strategies

McConnell schedules procedural vote on scaled back COVID relief

Senate Leader McConnell says next Monday the Senate will take up a procedural motion on a pared down GOP COVID relief bill to aid hard hit businesses. Democratic opposition and stalled talks with Mnuchin and Pelosi frame a partisan outlook as markets slide and virus counts rise worldwide. Delta posts a $5.4 billion Q3 loss as travel demand remains depressed.

Washington Senate Mitch McConnell Kentucky Chamber Treasury Steven Mnuchin House Nancy Pelosi D-Calif McConnell

Delta delays breakeven plan and ends middle-seat block

Delta Air Lines pushed back its breakeven timeline from year end to next spring as COVID containment proved optimistic. Shares fell nearly three percent, but executives said passenger demand is rebounding with holiday bookings up. The airline plans to stop blocking middle seats in the first half of next year, reversing a pandemic policy that differed from American and United.

Ple Delta Bastian American Airlines United Airlines

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