US Stocks Surge Over 1,100 Points Post Midterm Elections
US markets rebounded sharply, gaining over $1 trillion in value after Democrats' midterm election win and Trump's acceptance of the results.
US markets rebounded sharply, gaining over $1 trillion in value after Democrats' midterm election win and Trump's acceptance of the results.
The maximum taxable earnings for Social Security in 2027 will rise to $192,300, marking an increase of $7,800 from the previous year.
Concerns grow in the U.S. over potential cuts to Social Security benefits projected for 2032, sparking debates on fiscal sustainability.
Citadel's Ken Griffin cautions about an AI bubble but remains optimistic about its long-term economic benefits and investment opportunities.
Frank Bisignano, IRS CEO, addresses cost-of-living adjustments for Social Security, Trump Accounts, and the role of AI in a recent interview.
Find out which banks, markets, and services are open or closed on Columbus Day and Indigenous Peoples Day, October 12, 2026.
Next month, Social Security recipients will learn the upcoming adjustments to their benefits, with the COLA announcement scheduled for October 14.
On October 14, Social Security will reveal a significant change in benefits, with a projected 3.5% COLA increase for 2027 amid rising medical expenses.
President Trump announces automatic enrollment of millions of children in Trump Accounts, enabling potential $1,000 federal payments for eligible kids.
Proposed cost-of-living adjustment could raise average Social Security payments to $2,000 by 2027, providing crucial support for beneficiaries.