The Daily

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(NEXSTAR) – If their current projections are right, next year’s cost-of-living adjustment (COLA) for senior citizens receiving Social Security benefits could be cause for “worry,” according to The Senior Citizens League.

The Senior Citizen’s League (TSCL), a nonpartisan organization aiming to educate older Americans about laws, rights and financial issues facing their demographic,

 » Read more about: A new Social Security COLA projection may be cause for ‘worry,’ senior group says  »

Deputies from the U.S. Attorney’s Office for the District of Columbia (USADC) showed up earlier this week, unannounced, at the Federal Reserve’s construction site in Washington, D.C., which is part of an investigation tied to congressional testimony from Chairman Jerome Powell.

After speaking with construction workers, two prosecutors from the USADC were reportedly turned away and told they could not be permitted access because they had not gotten preauthorized clearance,

 » Read more about: Trump administration's Federal Reserve HQ probe escalates with unannounced site visit by prosecutors  »

U.S. President Donald Trump said he would fire Jerome Powell as chair of the Federal Reserve if he does not leave that post “in time,” and insisted that the Justice Department investigation into the central bank leader would continue.

“I’ll have to fire him, OK, if he’s not leaving on time.

 » Read more about: Trump threatens to fire Powell if he doesn’t step down as Federal Reserve chair  »

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 » Read more about: Tesla Is Still a ‘Leader in Physical AI’ and You Should Buy TSLA Stock Now, Says UBS  »

Retail traders are flocking back to an old favorite.

According to data from Vanda Research, which tracks retail investor flows into stocks and ETFs, Tesla is seeing a renewed buying spree among retail investors following a tough start to this year.

 » Read more about: Long Elon, short Jensen: A research firm says retail traders are flocking back to Tesla and pivoting from Nvidia  »

Key Points

• The stocks listed below are down this year and are not far from their 52-week lows.

• Their valuations are attractive given their strong growth potential.

• There isn’t a whole lot of risk with these businesses as they have terrific financials.

 » Read more about: Bargain-Hunting Alert: These 3 Blue Chip Stocks Are Trading Near Their 52-Week Lows  »

Treasury Secretary Scott Bessent urged the Federal Reserve to hold off on cutting interest rates for now, especially given the uncertainty surrounding the ongoing Iran war.

Speaking in an interview on Monday with Semafor Editor-in-Chief Ben Smith, Bessent said the Fed is “doing the right thing by sitting and watching” how the conflict plays out.

 » Read more about: Scott Bessent Says Fed Is 'Doing The Right Thing' By Sitting And Watching' On Interest Rates Amid Iran War Uncertainty  »

 » Read more about: Goldman’s Bitcoin ETF Push Signals Wall Street Taming of Crypto  »