Social Security payments are expected to rise by around 2.5% next year, but a new and significant concern is looming for 2026.
The Senior Citizens League predicts the 2026 Cost of Living Adjustment will be 2.5%, up from last month’s 2.4% prediction. TSCL’s model prediction has increased for four consecutive months.
» Read more about: Social Security benefit update: COLA estimate reveals a new and big concern »
NEW YORK: The S&P 500 ended higher on Thursday after a strong outlook from Oracle fueled optimism around artificial intelligence, offsetting worries about tension in the Middle East and a drop in Boeing shares.
Oracle surged 13.3% to record highs after the cloud service provider raised its annual revenue growth forecast,
» Read more about: S&P 500 ends higher as Oracle reignites AI rally »
-A message from Edward Jones Financial Advisor Natali Sanchez-
Natali Sanchez.
– It’s important to save for retirement, but only half of Americans have calculated how much money they’ll need, according to the 2024 Retirement Confidence Survey by the Employee Benefit Research Institute. Yet without knowing how much you’ll need,
» Read more about: Finance column: Is your retirement at risk? »
Artem Milinchuk, Founder and Head of Strategy of FarmTogether.
In the wake of recently enacted tariff escalations—most notably on imports from China and Mexico—the spotlight has returned to the global trade policies shaping U.S. agriculture.
» Read more about: How Tariffs Could Impact U.S. Agriculture—And Implications For Investors »
HENDERSON, Nev. — Despite having one of the worst offensive lines in the NFL last season, the Las Vegas Raiders opted against making a significant investment in the position group this offseason.
Though they signed free-agent veteran guard Alex Cappa and drafted offensive tackle Charles Grant and guard Caleb Rogers in the third round,
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Stocks closed higher Thursday, bringing the S&P 500 closer to record-high territory. The broad-market index settled at 6,045.26 on June 12, putting it less than 2 percentage points away from surpassing its all-time closing high of 6,144.15 from February 19.
» Read more about: June Fed Meeting: Live Updates and Commentary »
They were the shots heard round Murray Hill.
Recent announcements by JPMorgan and Apollo aimed at slowing down the early recruitment of junior bankers have sent young Wall Streeters into a frenzy.
First, JPMorgan threatened termination for first-year analysts accepting future-dated private-equity jobs. Then, private-equity firm Apollo delayed recruiting young bankers.
Nvidia’s soaring stock price has supercharged CEO Jensen Huang’s fortunes — as well as his charitable giving.
Over the past five years, the charitable foundation launched by Huang and his wife, Lori, has grown from $828 million in assets to more than $9.1 billion, according to data firm FoundationMark,
» Read more about: Jensen Huang's charitable foundation balloons on Nvidia stock gains »
Ark Invest CEO Cathie Wood recently reiterated her bullish forecast for Elon Musk’s Tesla company, expecting the stock price to reach a staggering £1,912 ($2,600) per share in five years.
Earlier this week, Wood’s firm made another bold prediction about Musk’s SpaceX in a report created in collaboration with consulting firm Mach33.