Jump to knowledge: Social Security COLA estimate increases and top financial news for July 14

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Today is National Mac and Cheese Day, but before you indulge in the king of comfort food, take a moment to catch up on today’s biggest financial stories.

The main protagonist: COLA Social Security

Social Security recipients could see their cost-of-living adjustment in 2023 reach double digits for the first time in more than four decades as U.S. inflation continues to climb higher and higher despite government efforts to slow her down

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Business Spotlight: Netflix and Microsoft

Netflix announced that it chose Microsoft to help with the company’s first advertising-supported subscription offering, saying it supports Microsoft’s approach to privacy, “which is based on protecting customer information.”

Bonus Offer: Open a new Citi Priority account by 9/1/23 and earn up to $2,000 in bonus cash after completing the required activities.

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This is interesting: Bill Gates wants to get off the world’s richest list

Bill Gates, one of the richest men on the planet, said he will give $20 billion to the Bill & Melinda Gates Foundation this month, which he says is part of his plan to get off the list of the world’s richest people.

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Bonus: The 10 least (and most) expensive states to live in as costs rise

A new survey finds that not all states fare equally well when it comes to navigating inflation, and looks at those where your dollar goes farther, or doesn’t go far at all.

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ICYMI: Yesterday’s GO in the Know

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About the Author: Chaz Cutler

My name is Chasity. I love to follow the stock market and financial news!