Canadian researchers find a simple cure for cancer, but major pharmaceutical companies are not interested. Researchers at the University of Alberta, in Edmonton, Canada have cured cancer last week, yet there is a little ripple in the news or in TV.
Social Security recipients will get a 1.7% cost-of-living raise starting in January, the Social Security Administration announced Wednesday. For the average retired person receiving Social Security, monthly payments would rise $22 to $1,328 from $1,306. The average couple's benefits would rise to $2,176 from $2,140. Average annual payout: $15,936.
If you're already on Social Security, the number of extra dollars you'll get will depend on the level of your 2013 benefits. But on average, monthly retirement payments will rise from $1,275 to $1,294, an increase of $19, Social Security says. Disabled workers will receive an average of $17 more a month, while the average widowed mother with two children will see her benefits grow by $39 a month.