If you’re someone who gets a large chunk of your retirement income from Social Security, there may be a pretty big question on your mind: What will 2027’s cost-of-living adjustment (COLA) amount to?
It’s a valid thing to want to know. After all, inflation has been soaring,
A market crash may be very far from your mind right now — or very close, depending on how you view recent market performance. The three major benchmarks, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average, have soared in the double-digits over the past few years in this bull market.
Stocks ticked higher Friday after Wall Street showed that its appetite is still big for winners of the artificial-intelligence boom.
The Standard & Poor’s 500 index rose 0.4% to close out its fourth winning week in the last five. The Dow Jones industrial average added 149 points, or 0.3%, and the Nasdaq composite climbed 0.3%.
» Read more about: Stocks rise as Wall Street shows it’s still hungry for AI winners »
Several Wall Street analysts initiated coverage and set price targets for Space Exploration Technologies (NASDAQ: SPCX) before the company even went public. But now many on the Street are getting in on the action.
Recently, 15 new analysts initiated coverage on SpaceX, providing their initial ratings and price targets.
Retail investors are continuing to pump money into mid-cap and small-cap mutual funds despite higher valuations, suggesting that while they are seeking long-term growth, recent category performance is playing a key role in their investment decisions, says Aditya Agarwal, Co-Founder of Wealthy.in.
“Recent flows suggest both are happening,
VGT and VOO pair concentrated tech exposure with broad S&P 500 diversification, capturing AI upside while limiting single-stock earnings risk.
VGT’s top holdings include Nvidia, Microsoft, Apple, and Broadcom, all of which report earnings in late July, making the fund a direct AI earnings play.
» Read more about: I’d Put $25,000 in These 2 ETFs Before the Next Earnings Season »
The US Federal Reserve announced a leadership team of five high-level task forces that will review how the central bank approaches monetary policy, with three prominent Indian-origin professionals among those selected. Former Reserve Bank of India (RBI) Governor Raghuram Rajan, Harvard economist Raj Chetty, and Microsoft Executive Vice President Asha Sharma will each co-lead separate panels as part of the sweeping institutional review.
We’re just a few months away from Social Security’s 2027 cost-of-living adjustment (COLA) announcement, which is a big deal if you rely on your benefits to cover a significant chunk of your monthly income. The COLA will dictate how far your checks will go next year and how much of your expenses you’ll need to cover on your own.
» Read more about: 4 2027 Social Security COLA Dates You Need to Know »
Even a small difference in home loan interest rates can increase EMIs and raise the total repayment amount over the loan tenure.
Home loan
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The Federal Reserve said that artificial intelligence was a contributing factor to inflation in its June meeting minutes and cited “AI-related price pressures” as a driver of core goods inflation.