US Treasury Secretary Scott Bessent urged US allies to support Washington’s efforts to “squash” the Iranian economy.
“We are going to collapse this regime. It is time for our allies and the rest of the world to make a decision,” Bessent told broadcaster CNBC.
“You are either with us or against us,”
Tehran’s grocery stores are well-stocked, but many families can barely afford the basics. Unemployment is soaring and those with jobs are working more hours for money worth half as much as a year ago, putting food, medicine and everything else — except for heavily subsidized gasoline — further out of reach.
“We have virtually given up on many things,”
Nvidia is set to report its latest earnings on August 26, but Wall Street is not simply waiting to see whether the chip giant beats estimates. Investors already expect Nvidia to deliver a strong quarter and for CEO Jensen Huang to give a very positive outlook during the earnings call.
Social Security benefits are determined by a federal formula based on earnings and claiming age, not location.
States with higher average Social Security payouts tend to have wealthier retirees or higher-earning workforces.
Many retirees believed Social Security taxes were eliminated. They weren’t. The rules determining how much of your benefit lands on your 1040 remain unchanged.
What passed is a temporary deduction tied to age, not Social Security. It helps many retirees substantially, but disappears entirely once your income climbs past a specific line.
SHENZHEN, CHINA – JULY 27: In this photo illustration, a smartphone displays the logo of Merck & Co., Inc. (NYSE: MRK), a global pharmaceutical company developing medicines and vaccines, in front of a screen showing the company’s latest stock market chart on July 27, 2026 in Shenzhen, Guangdong Province,
» Read more about: Why Is Merck Stock Still An Undervalued Mega-Cap In Pharma? »
Long-term borrowing costs in the US rose again despite an announcement from the government that it would intervene to try to lower them.
Earlier this week, the Treasury Department said it would buy back more debt in a bid to lower rates being charged by investors on global bond markets, which governments and major corporations rely on to borrow money.
» Read more about: US borrowing costs rise as attempts to ease rates prove short-lived »
Durham, North Carolina-based IQVIA Holdings Inc. (IQV) is a leading global provider of clinical research services, healthcare intelligence, advanced analytics, and technology solutions for the life sciences and healthcare industries. Valued at $41 billion by market cap,
» Read more about: IQVIA Holdings Stock Outlook: Is Wall Street Bullish or Bearish? »
Investors in One Stop Systems, Inc. OSS need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 21, 2026 $2.50 Put had some of the highest implied …
» Read more about: Implied Volatility Surging for One Stop Systems Stock Options »
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When you think about managing Social Security, retirement might feel decades away — or at least like a task for future you.
» Read more about: Waiting to Set Up Social Security Online? Scammers Are Counting on It »
