The latest 2027 Social Security COLA projection is 3.5%
The Social Security Administration will announce the 2027 cost-of-living adjustment in roughly a month, but those hoping for a large benefit boost might be disappointed. COLA projections have continued to drop over the last several months, though nothing’s locked in yet.
Here’s what we know about the 2027 Social Security COLA so far,
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Read MoreStock market today: Dow, S&P 500, Nasdaq rise as Fed rate hike pacifies markets' inflation worries
US stocks rose in premarket trading on Thursday as oil prices edged lower and an expected Fed rate hike on Wednesday offered some relief that the central bank was working to contain inflation.
Futures on the Dow Jones Industrial Average (YM=F) rose 0.7%,
Read MoreHow will new interest rates by Federal Reserve impact your financial goals?
For the first time in more than three years, the Federal Reserve raised interest rates by a quarter of a percentage point.
This comes as policymakers try to control inflation, but it could mean higher borrowing costs.
Whether you’re carrying a balance on a credit card,
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Read MoreStock Market Today: Fed Hikes Rates for First Time in Three Years, Dow Falls 600 Points
TLDR
- The Fed raised interest rates by 0.25% to a target range of 3.75%-4%, its first hike in three years
- Fed Chair Kevin Warsh warned inflation is still “too high” and conditions are not restrictive enough
- The Dow fell 631 points,
AMD Is About to Become a Trillion-Dollar Stock as It Hikes Chip Prices 10%
Quick Read
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AMD raised chip prices 10% on AI accelerators, consumer GPUs, and chipsets, pushing its $992 billion market cap to the trillion-dollar threshold.
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AMD’s Data Center segment surged 107% to $6.7 billion in Q2, powered by multi-gigawatt GPU commitments from OpenAI, Meta, and Anthropic.
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Read MoreThe Burst
Most Undervalued Stock In Billionaire Portfolio
Third Point, founded by Dan Loeb, is no ordinary investment manager. It’s got $6.5 billion in assets under management and so when it makes a move it’s worth paying attention because you know the company has passed a lot of screens to be accepted into the portfolio.
But perhaps even more interesting is what stock in the portfolio ranks as the most undervalued of all and whether it’s a buy?
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Read MoreThe Ivy
100 Worst Performing Stocks, But 1 Is a Buy?
In a list of the worst performing NASDAQ 100 stocks this year, Intel ranks about as poorly as any. Even after its monumental selloff, analysts only see upside to $26 per share.
But there is another stock on the list that may be a bit more interesting for bulls. If our analysis is right,
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Read MoreThe Spotlight
Why Buffett Has $150 Billion In 1 Stock
Most recently, Berkshire Hathaway’s stake in Apple grew to an astonishing 41% of its equity portfolio,
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