Social Security's 2027 COLA Could Be the Biggest Hike Since 2023
The Senior Citizens League projects a 3.5% COLA for 2027 and AARP sees 3.6%, the biggest hike since 2023's 8.7%, as diesel above $6.50 and new tariffs push costs higher.
Topic
Inflation
Topic
Inflation
Oil Slips to $102.75 as Brent Extends Its 48% Annual Surge
Brent crude sits at $102.75 per barrel, down 1.83% on the day but up 47.88% year over year — a surge working its way toward gasol…
Richmond Fed's Barkin: The 'AI Apocalypse' Hasn't Arrived
Richmond Fed President Tom Barkin says the 'AI apocalypse' hasn't arrived. Firms are redeploying, not cutting staff, as the Fed h…
Cato to Close 120 Stores as Inflation Squeezes Its Shoppers
The Cato Corporation will shutter 120 stores by fiscal year-end, up from 50 planned, after Q2 net income fell to $1.1 million and…
Top 1% Gained $1.8 Million Per Household as Bottom Half Got $1,200
Top 1% households added $1.8 million in net worth while the bottom half gained $1,200 — an 8,000-to-1 gap driven by stocks and th…
Fed Hikes Aim to Break Corporate Habit of Passing On Price Rises
Richmond Fed President Tom Barkin says last week's rate hike aims to make companies reconsider further price increases as inflati…
Brent Crude Hits $102.03, Up 50% From a Year Ago
Brent crude hit $102.03 a barrel on September 23, 2026, up 2.78% in a day and 50.37% year-over-year. Here is what that means for…
Oil Hits $104.67 a Barrel, Up 52% From a Year Ago
Brent crude hit $104.67 a barrel on September 24, 2026 — up 2.58% in a day, 10.85% in a month and nearly 52% from a year earlier,…
Bolivia's Gas Miracle Has Run Dry. Inflation Is Filling the Void.
Bolivia's 2006–2014 gas boom halved poverty and grew GDP. With reserves dry and inflation soaring, gold and soya exports may not…
10-Year Treasury Yield Hits 5.10%, Dragging S&P 500 Down 0.8%
The 10-year Treasury yield jumped to 5.10% from 4.96%, briefly touching 5.14%, as strong business-activity data and rebounding oi…
Fed Fund Futures Price 75% Odds of October Hike as Yields Break 5%
Traders price a 75% chance of an October Fed hike as 10-year yields pass 5.1%, forcing Chair Kevin Warsh to choose between market…