Social Security benefit cuts are a very real possibility in the coming years. In fact, the most recent Social Security Trustees’ report indicates that the Old-Age and Survivors Insurance (OASI) trust fund is scheduled to be depleted as soon as 2032, resulting in an automatic 22% reduction in benefits.
Now, Congress is likely going to act to prevent that.
» Read more about: If Social Security Does Cut Benefits, This Is My Plan »
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away.
The consumer price index rose 3.4% last month compared with a year ago,
» Read more about: US inflation accelerated in August as gas prices spiked »
The market’s attention may be on rising bond yields, but Bank of America says there’s a more immediate concern for the economy already feeling the sting of high energy costs.
Diesel prices set a new record on Thursday, topping $6 per gallon for the first time ever in the US.
WEST PALM BEACH, Fla., September 10, 2026–(BUSINESS WIRE)–Reefline Capital (“Reefline”) announced its formation as a sector-focused private equity firm investing in growth industrials and aerospace & defense businesses. Led by industry veterans Rick Wandoff, Scott Kirkendall and Eric Hansen, the team’s deep sector expertise was developed over nearly 25 years investing alongside each other.
Market sentiment on the Fed’s next move has flipped dramatically in just one month, and inflation data released this morning may have sealed the deal before traders even had time to react.
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» Read more about: With Just 5 Days to Next FOMC Meeting, Odds of Fed Rate Hike Surge to Over 85% »
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Bloom Energy Bloom Energy BE $ 274.89 $16.40 6.34% 15% IBD Stock Analysis Working on very deep cup base with 351.28 buy point Near 283.83 early entry that could become a handle buy point AI energy play to join S&P 500 on Sept. 21 IBD Composite Rating 81/99 Industry Group Ranking 109/197 Emerging Pattern Cup Cup A cup-shaped pattern with…
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» Read more about: Stock Of The Day: AI Energy Play Bloom Energy Nears Buy Point, S&P 500 Entry »
Intel’s stock surged after reports of a 10% processor price hike, yet the vast majority of analysts still refuse to upgrade their ratings. The disconnect between Wall Street’s caution and the market’s enthusiasm points to a deeper disagreement about what…
Reports that Intel (NASDAQ:INTC | INTC Price Prediction) could raise prices on selected PC processors by roughly 10% sent the stock sharply higher this week.
Does your lifestyle actually compare to one of the world’s richest people?
According to Forbes, the “Oracle of Omaha” Warren Buffett is currently worth $143.6 billion. That puts him among the 10 richest people in the world.
» Read more about: Warren Buffett's 3 Frugal Habits for Building Long-Term Wealth »
Micron just posted the highest revenue guidance in its history while the shortage fueling its growth gets worse, yet Wall Street wiped out tens of billions in market cap anyway. The signal hiding inside that contradiction is worth understanding before…
You don’t often see a trillion-dollar chipmaker shed tens of billions of dollars in market capitalization on a day when the shortage driving its earnings worsens.