So a 3.8% increase would be 1 percentage point above the January 2026 hike, due to higher inflation this year than in 2025. According to the Social Security Administration's Monthly Statistical Snapshot,

The Bureau of Labor Statistics reported July 14 that inflation cooled sharply in June, and the data has already changed how analysts are forecasting Social Security’s 2027 cost-of-living adjustment. But the June report isn’t one of the three that will determine the official COLA.

The annual COLA is designed to help Social Security benefits keep pace with inflation. While many retirees hope for larger increases, the size of the adjustment depends on inflation data collected during the third quarter of the year,

Following June's cooler inflation report, one notable Social Security analyst has lowered her 2027 COLA forecast. There's still time for that number to change before a 2027 COLA is made official. A smaller COLA isn't necessarily a bad thing,

China's Jingye Steel has urged Britain to immediately ​stop "trampling on international investment ‌rules" and to promptly, fully and effectively compensate the company for ​all investment losses incurred in ​the decision to nationalise British Steel.

China urged Britain to protect the rights and interests of Chinese investors after the UK government nationalized British Steel, previously controlled by China’s Jingye Group.

China said on Friday it strongly disapproves of the United Kingdom's decision ‌to nationalise British Steel and urged fair treatment for Chinese firms operating in the UK.

China's Foreign Ministry said on Saturday that it would closely ​monitor the United Kingdom's nationalisation ‌of Chinese steelmaker-owned British Steel and will take appropriate measures to safeguard ​legitimate rights and interests if ​warranted.

The massive market debut of SpaceX and the AI gold rush are fueling a luxury boom. Private jets are just one example of the high-end items new millionaires are seeking out. “I think there are many more people who can afford to travel privately,

Elon Musk was riding high after the SpaceX IPO catapulted him to trillionaire status. But his net worth has dipped considerably in recent weeks, even if he won’t be resorting to digging through the couch cushions for rent money.

But few realized SpaceX's big opening run had ended. The June 16 high was $225.64, and that's been the peak for the stock. So far. SpaceX shares swoon. SpaceX has mostly been slid

The Federal Aviation Administration gave SpaceX the go-ahead for its launch on Monday after closing an investigation into the company’s 12th flight, which following a safe lift-

The Trump administration imposed 25% tariffs on Brazil, citing its PIX payment system and other alleged unfair trade practices.

After a Supreme Court defeat on earlier tariffs, Trump is moving to impose 25% duties on some Brazilian goods using a new legal route that could become a templa

The Trump administration has made good on its threats to raise tariffs on Brazil, upping duties to a precipitous 25 percent this week over "unfair" trade practices.

Brazilian President Luiz Inácio Lula da Silva has hit back at Donald Trump’s tariff threats, saying that his American counterpart was elected as the leader of the United States and “not to be the emperor of the world.

Netflix stock declined 11% on Thursday morning, after investors raised concerns about Netflix's future growth following its second-quarter earnings report.

Netflix forecast third-quarter revenue and earnings on Thursday (July 16) that fell short of Wall Street targets and said it would cut the frequency of viewing-hours reports as the company seeks new avenues of growth.

Record numbers. Netflix booked revenue of $12.56 billion, for year-over-year growth of 13% (it was also a record quarterly high, by the way). The company’s net income under gene

Netflix forecast third-quarter revenue and earnings on Thursday that fell short of Wall Street targets and said it would cut ‌the frequency of viewing-hours reports as the company seeks new avenues of growth.