In its second-quarter fiscal 2027 release, Nvidia (NVDA -2.26%) said that it would pay a cash dividend of $0.25 per share on Oct. 1 to all shareholders as of record on Sept. 10. It marks the second consecutive quarter Nvidia is paying a $0.25 per share dividend —
Social Security’s 2027 COLA is estimated to fall between 3.4% and 3.6%, which would translate to roughly a $73 monthly raise for the average recipient receiving $2,086.
Medicare Part B premium increases could shrink that $73 raise to around $55,
A proposal to raise or eliminate the Social Security payroll tax income cap is gaining ground as candidates prepare for the 2026 midterm elections.
The Social Security Administration faces a funding shortfall that would trigger an automatic benefit reduction as early as 2032 unless Congress acts. In light of this, prominent Democrats, a growing number of senior groups,
» Read more about: Social Security Update: Major Proposed Change Gets Boost Ahead of Midterms »
WTI oil climbed above the $102.00 level as Houthis seized a key port on the Red Sea. Houthis achieved victory over Yemen’s government forces. Their control of the port provides them with an opportunity to attack vessels going through the Bab-el-Mandeb Strait. Houthis’ move puts Saudi Arabia into an uncomfortable position and raises worries about the stability of oil exports in the region.
» Read more about: Why advisers are taking on a bigger role in retirement plans »
Warren Buffett bought a very large stake in IBM and then told his shareholders what he was hoping for. He hoped the share price would go nowhere for the next five years. That is not a slip of the pen. He says it twice, works out the arithmetic, and puts a figure on how much money the disappointing outcome would make him.Most of us have the opposite reflex.
Someone in the Federal Reserve’s orbit just said the quiet part out loud. A close ally of Fed Chair Kevin Warsh publicly dismissed the notion that current interest rates are restrictive, calling the claim “just ridiculous.” The remark lands at a moment when the Fed is already under pressure to explain why inflation remains stubbornly above its 2% target after more than five years of misses.
» Read more about: Federal Reserve ally criticizes officials’ views on rate restrictiveness »
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The Trump administration has intensified its ongoing trade war with Canada by imposing fresh import bans on specific Canadian goods, including alcohol. These bans are scheduled to come into effect on Sept.
“We can compartmentalize across this,” said Carney, deflecting a question about why he believes Trump has been so angry at Canada since the prime minister called a halt to trade negotiations nearly two weeks ago in the face of what he called “fundamental” disagreement over tariffs and American demands that threatened Canadian trade and cultural sovereignty.
» Read more about: Mark Carney says he’s still talking to Donald Trump despite trade war »
What are the most profitable companies in the world? Well, it all depends on how you define “profitable.” Google’s parent, Alphabet, rakes in the most total profits globally, at about $195.6 billion over the past 12 months. For profits per employee, per one report, the Federal National Mortgage Association,