Key Points The Social Security Fairness Act repealed a number of provisions that previously reduced retirement benefits. So far, the Social Security Administration reports that it has made $17 billion worth of payments to more than 3 million recipients as a result of the Act. The average retiree who qualifies for the Social Security Fairness Act has seen their benefits rise by thousands of dollars...
Key Points The Social Security Fairness Act repealed a number of provisions that previously reduced retirement benefits. So far, the Social Security Administration reports that it has made $17 billion worth of payments to more than 3 million recipients as a result of the Act. The average retiree who qualifies for the Social Security Fairness Act has seen their benefits rise by thousands of dollars annually. The $23,760 Social Security bonus most retirees completely overlook › Signed into law on Jan. 5, 2025, the Social Security Fairness Act represents one of the most significant changes to America's retirement system in recent history. At its core, the legislation removes rules that previously reduced benefits for certain public sector workers and their spouses for decades. Over the last year, the act has made $17 billion in retroactive payments to more than 3 million recipients. Here's how you can determine whether you qualify and if you should expect an extra boost to your Social Security checks. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Eliminating the WEP and GPO reductions The Social Security Fairness Act aims to repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). The WEP changed the benefit formula for people who also received pensions from jobs where Social Security taxes weren't paid. These include teachers, police offers, firefighters, and certain federal employees. The GPO reduced survivor benefits on non-covered pensions. As a result, spouses and widows were often left with minimal financial support for their families. How do I know if I qualify for the Social Security Fairness Act? Thankfully, the Social Security Administration (SSA) proactively contacted affected beneficiaries to help handle payment adjustments or update banking information. ...
Apple Inc. Chief Executive Officer Tim Cook commended Chinese developers and the company’s partners in the country after a week of rising pressures in one of its biggest markets. Cook, speaking at the China Development Forum in Beijing on Sunday, praised the innovations of Chinese developers and the automation at the country’s manufacturing facilities. He said Apple and China share common goals, i...
Apple Inc. Chief Executive Officer Tim Cook commended Chinese developers and the company’s partners in the country after a week of rising pressures in one of its biggest markets. Cook, speaking at the China Development Forum in Beijing on Sunday, praised the innovations of Chinese developers and the automation at the country’s manufacturing facilities. He said Apple and China share common goals, including in green development and carbon neutrality. Apple lowered the fees it collects from app developers in the country earlier this month, a major concession in a hugely lucrative market where the company faced the risk of antitrust intervention by local regulators. Yet after the announcement, Chinese ruling party’s flagship newspaper called for a further easing of App Store restrictions and urged the firm to fix “monopolistic” practices — highlighting how Apple may continue to face pressure from Beijing. “Innovation, green development and education are not separate properties — they are deeply connected,” Cook said. “They represent the vision of progress that we at Apple share, and we are committed to collaborating with our partners across China and with all of you to make that vision a reality.” An “excellently talented developer community” helps to increase prosperity and opportunity across China, and innovation is transforming its manufacturing sector, Cook said. While the US tech giant builds most of its devices in China, it has diversified its assembly to regions such as Vietnam and India. “There is a Chinese proverb I love - ‘a single tree does not make a forest,’” Cook said. “Together, I believe we can plant that forest.” Read More: Apple CEO Visits China Amid Growing Pressure on App Store Policy
Jonathan Kitchen/DigitalVision via Getty Images The Thesis Exiting 2025, the provider of power systems to the AI infrastructure, Power Solutions International (NASDAQ: PSIX ), reported a double beat in its fourth quarter, with continued momentum across the topline. However, the company's margins remain under pressure during the quarter due to certain drivers, which also impacted the bottom line du...
Jonathan Kitchen/DigitalVision via Getty Images The Thesis Exiting 2025, the provider of power systems to the AI infrastructure, Power Solutions International (NASDAQ: PSIX ), reported a double beat in its fourth quarter, with continued momentum across the topline. However, the company's margins remain under pressure during the quarter due to certain drivers, which also impacted the bottom line during Q4. In my view, with significant investment in AI infrastructure across North America, the demand environment for the company's products and solutions, particularly in its key power system segment, should remain robust, supporting sustained topline growth moving into 2026. For margins, while there may be near-term pressure, I continue to expect a gradual recovery in the quarters ahead as volumes expand and revenue mix improves with a shift toward high-growth end markets. A focus on manufacturing efficiency and better execution should also support margins through FY26. Since my previous bullish rating , the PSIX stock has been significantly volatile, and is currently almost flat in the low single-digit percentage. Overall, while there is margin pressure in the short term, demand visibility remains strong, which should gradually result in margin and earnings growth over the quarters ahead. I believe the market is overreacting to the short-term headwinds. Given the present valuation, which remains inexpensive, the PSIX stock continues to offer an attractive opportunity, keeping the stock a solid buy for long-term investors. PSIX’s Q4 FY25 Highlights PSIX reported its final quarter results for FY25, with another robust quarter of double digit expansion across its topline. In the fourth quarter, the company’s consolidated topline was up by approximately 32.5% to $191.2 million . The company’s power system segment remains the core growth engine, with approximately 44% revenue growth in Q4, as demand remains robust across the data center end market. Meanwhile, the industrial ...
Mark Romaine, Chief Operating Officer of Global Partners LP (GLP 3.81%), reported the direct sale of 15,611 common units across multiple transactions between March 16 and March 18, 2026, as disclosed in a SEC Form 4 filing. Transaction summary Metric Value Units sold (direct) 15,611 Transaction value ~$740,000 Post-transaction units (direct) 146,874 Post-transaction value (direct ownership) ~$7.04...
Mark Romaine, Chief Operating Officer of Global Partners LP (GLP 3.81%), reported the direct sale of 15,611 common units across multiple transactions between March 16 and March 18, 2026, as disclosed in a SEC Form 4 filing. Transaction summary Metric Value Units sold (direct) 15,611 Transaction value ~$740,000 Post-transaction units (direct) 146,874 Post-transaction value (direct ownership) ~$7.04 million Transaction value based on SEC Form 4 weighted average purchase price ($47.38); post-transaction value is based on March 18, 2026 market close price ($47.92). Key questions What is the context of these transactions? Because Global Partners LP is a Master Limited Partnership (MLP), Romaine sold common units, not shares. Common units represent how much ownership limited partners of an MLP, like Romain, have. Because Global Partners LP is a Master Limited Partnership (MLP), Romaine sold common units, not shares. Common units represent how much ownership limited partners of an MLP, like Romain, have. Did this transaction involve any derivative securities or indirect ownership structures? No options or indirect entities were involved; the sale was limited to directly held common units, with no gifts, withholdings, or related-party transfers reported. Expand NYSE : GLP Global Partners Today's Change ( -3.81 %) $ -1.85 Current Price $ 46.64 Key Data Points Market Cap $1.6B Day's Range $ 46.64 - $ 48.50 52wk Range $ 39.58 - $ 56.59 Volume 214K Avg Vol 46K Gross Margin 3.32 % Dividend Yield 6.45 % Company overview Metric Value Revenue (TTM) $18.56 million Net income (TTM) $72.09 million Distribution yield 6.52% Price (as of 3/21/26) $46.64 Company snapshot Global Partners LP is a large-scale energy midstream operator with a diversified asset base spanning fuel distribution, storage, and retail operations. It offers a broad portfolio of petroleum products, renewable fuels, gasoline, distillates, propane, and related logistics services. It also operates gasoline stations, con...
Cuba’s power grid collapsed on Saturday leaving the country without electricity for a third time in March as the communist government battles with a decaying infrastructure and a US-imposed oil blockade. The Cuban Electric Union, which reports to the Ministry of Energy and Mines, announced a total blackout across the island without initially giving a cause for the outage. The union later said the ...
Cuba’s power grid collapsed on Saturday leaving the country without electricity for a third time in March as the communist government battles with a decaying infrastructure and a US-imposed oil blockade. The Cuban Electric Union, which reports to the Ministry of Energy and Mines, announced a total blackout across the island without initially giving a cause for the outage. The union later said the blackout was caused by an unexpected failure of a generating unit at the Nuevitas thermoelectric plant in Camagüey province. “From that moment, a cascading effect occurred in the machines that were online,” said a report from the Ministry of Energy and Mines, which activated “micro-islands” of generating units to provide power to vital centres, hospitals and water systems. Authorities said they were working to restore power. Power outages, whether nationwide or regional, have become relatively common in the past two years because of breakdowns in the ageing infrastructure. The breakdowns are compounded by daily blackouts of up to 12 hours caused by fuel shortages, which also destabilise the system. The last nationwide blackout was on Monday. Saturday’s outage was the second in the past week and the third in March. The blackouts severely disrupt daily life, reducing working hours, making it difficult for people to cook or refrigerate food, and forcing hospitals to cancel some surgical operations. President Miguel Díaz-Canel has said the island has not received oil from foreign suppliers for three months. Cuba produces barely 40% of the fuel it needs to power its economy. Cuba’s ageing grid has drastically eroded in recent years. But the government has also blamed the outages on a US energy blockade after Donald Trump in January warned of tariffs on any country that sells or provides oil to Cuba. The Trump administration is demanding that Cuba release political prisoners and liberalise politics and the economy in return for lifting sanctions. Trump also has raised the possibi...
fatido/iStock via Getty Images Background In early 2023, I cautiously recommended investors continue to hold The Williams Companies, Inc. ( WMB ) with share prices just under $30; shares have subsequently more than doubled. More recently, I completed a review of WMB and its midstream peers energy based on a matrix of factors including forward yield, valuation, growth, profitability, and leverage. ...
fatido/iStock via Getty Images Background In early 2023, I cautiously recommended investors continue to hold The Williams Companies, Inc. ( WMB ) with share prices just under $30; shares have subsequently more than doubled. More recently, I completed a review of WMB and its midstream peers energy based on a matrix of factors including forward yield, valuation, growth, profitability, and leverage. Despite superior growth and profitability, WMB now appears to be amongst the least favorable investments in midstream energy. Many WMB investors will probably disagree; they are likely to cite WMB's eight consecutive years of dividend growth or the the recent quarterly dividend increase from $0.50 to $0.525/share. In fact, these investors have driven share prices up almost 25% year to date and recently to $76.87, a new all time high. These investors have loved WMB's dividend to death; with share prices at record highs, WMB's forward yield is only 2.9% compared to its 5Yr average yield of almost 5%. These observations are further supported by Seeking Alpha's Quant rating system. Quant Rating and Factor Grades Seeking Alpha Despite strong growth, robust profitability, moderate momentum, and fair revisions ratings, WMB is currently rated at a lukewarm hold overall with a D-minus score on valuation. Valuation WMB's unfavorable valuation score of D-minus indicates WMB is relatively expensive when compared to the energy sector median ratios and its own five year average ratios. WMB's overall valuation score is compounded from several trailing and forward ratios whereby a grade less than "C" on any metric suggests WMB's valuation could be stretched. Author In nearly every single case, WMB's trailing twelve month and forward ratio is substantially higher than that of energy sector median and its own five year average. The only exceptions are non-GAAP PEG at C-Plus and trailing twelve month dividend yield at C. Even so, WMB's trailing twelve month dividend yield of 2.8% still lags t...