Social Security COLA 2026: Current Forecast Predicts Lower Raise for Retirees
Millions of retirees may be in for disappointment next year. Early estimates suggest the Social Security Cost-of-Living Adjustment (COLA) for 2026 could be significantly smaller than the 3.2% raise beneficiaries received in 2024, according to new projections released this month.
COLA Forecast Points to Modest Increase
The Senior Citizens League,
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Read MoreHong Kong stocks fall slightly on rising geopolitical tensions
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The Hang Seng Index fell 0.4 per cent to 23,950.45 at 10.10am local time, though it was still heading for a small weekly gain following a temporary de-escalation of US-China trade tensions.
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Read MoreTops stocks to watch: YES Bank, Adani stock, HCL Tech, NTPC, Torrent Power, Jubilant stocks
Indian benchmark indices settled sharply lower on Thursday on the back of weak global cues. BSE Sensex tanked 823.16 points, or 1 per cent, to settle at 81,691.98, while NSE’s Nifty50 plunged 253.20 points, or 1.01 per cent to close at 24,888.20. Here are the stocks that may remain under spotlight before the opening bell on Thursday,
Mexican home appliance manufacturers brace for even more US tariffs
A bevy of household appliances made in Mexico will soon have to contend with U.S. President Donald Trump’s expanded steel tariffs, according to a U.S. Commerce Department notice posted earlier this week.
Imports of eight product lines — combined refrigerator-freezers, small and large dryers, washing machines, dishwashers, chest and upright freezers,
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Read MoreThe Burst
Billionaire Bought This Under-the-Radar Chip Stock
At one time, Al Gore’s fund, Generation Investment Management, had so much conviction in Qualcomm that they bet around half a billion dollars on it.
Today, another huge investment fund founded by billionaire David Tepper has a stake in the chipmaker. What is it that these money managers see in the San Diego-headquartered firm to persuade them to risk hundreds of millions of dollars?
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Read MoreThe Ivy
36 Stocks Up 30% Year-to-Date
Famously, a common pitfall of ordinary traders is to buy the dip and ignore the stocks going from strength to strength. It’s just so tempting to buy stocks that have sold off in the hopes of making the big returns while ignoring those powering higher from one day to the next.
If we turn our attention to those stocks that have been going higher this year,
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Read MoreThe Spotlight
Will Roku Soar 9x From Here?
Roku’s most recent financial report disappointed investors. Slowing streaming growth and lower ad spending, paired with economic uncertainty, have caused Roku’s stock to plummet.
Shares are down over 66% year to date and more than 80% compared to the highs reached last year. The stock is so battered that many are staying away.