Finance
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2025-10-25 06:01:08.256 • by
Arturo Iglesias
The Social Security Administration announced a 2.8% cost-of-living adjustment (COLA) for 2026, translating to an average monthly increase of over $56 for retirees. While set to benefit nearly 71 million recipients starting January, many seniors and advocacy groups argue the increase is insufficient to cover rising daily expenses amidst an 'affordability crisis,' reflecting moderating inflation but ongoing financial struggles.
2025-10-15 18:01:00.522 • by
Arturo Iglesias
Stocks wavered Wednesday amid an escalating trade war, mixed corporate earnings, and Fed uncertainty. While major banks posted strong profits, some tech and pharma companies struggled. AI investments showed positive momentum, but broader market concerns, including U.S.-China tensions and delayed economic data, drove investors to safe havens like gold, which surged.
2025-10-14 12:00:59.234 • by
Amanda Ireland
U.S. markets plummeted early Tuesday after China imposed sanctions on U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean, reigniting fears over escalating trade tensions and maritime dominance, despite recent attempts to calm markets.
2025-10-02 00:01:07.349 • by
Amir Izad
Stocks hit new record highs on Wednesday, seemingly unfazed by the U.S. government shutdown. However, bond yields sharply dropped after a disappointing ADP jobs report indicated unexpected job losses and weak manufacturing data, raising concerns about the economy's health and the Federal Reserve's potential interest rate decisions.
2025-09-24 00:00:35.228 • by
Aaron Irving
US stock indexes dipped after a three-day record-setting rally, with tech giants like Nvidia, Amazon, and Microsoft leading the decline. Concerns about high valuations and inflation persist, despite Boeing's gains and gold's continued surge.
2025-09-17 18:00:40.65 • by
Adam Israel
Ticket marketplace StubHub's initial public offering (IPO) saw its stock dip despite raising $800 million, amidst controversies over pricing and fees.
2025-09-17 18:00:40.628 • by
Amanda Ireland
The Federal Reserve cuts interest rates for the first time in nine months, impacting mortgages, savings accounts, auto loans, and credit cards in varying ways.
2025-09-10 18:00:29.141 • by
Alan Iverson
Swedish buy now, pay later company Klarna's highly anticipated IPO on the NYSE saw its stock jump 30%, making its co-founders billionaires and marking the largest IPO of 2025.
2025-08-25 18:00:40.925 • by
Alice Ibarra
Stocks wavered on Wall Street Monday, with the Dow falling despite last week's surge on Fed rate cut hopes. Tech giants like Alphabet and Nvidia boosted the Nasdaq, while other sectors experienced losses. The market awaits key economic data this week.
2025-08-08 18:00:36.268 • by
Albert Inestein
Wall Street rallies, defying trade war concerns, as tech giants lead the charge and positive corporate earnings reports fuel market optimism.
