Uncategorized

The 2027 cost-of-living adjustment for Social Security could come in well above the 2.8% raise that took effect in January. Two of the most closely watched forecasts for the annual raise shifted after the Bureau of Labor Statistics released May’s consumer price index data. Inflation hit 4.2% year over year, the fastest pace since April […]

Shares of Oracle (ORCL) tumbled 8.53% on June 11 as investors are concerned about the company’s plans to raise more money to fund its AI buildout, overshadowing better-than-expected fiscal fourth-quarter results and a higher profit outlook announced a day earlier. On June 10, the 49-year-old cloud and database software giant reported adjusted earnings of $2.03

Social Security helps millions of Americans relying on it pay for retirement, and the program is nearing a key funding deadline. Federal trustees confirmed this week that the retirement trust fund will run dry about one quarter sooner than their previous estimate. The average monthly retirement benefit was about $2,081 in April 2026, and the

Rivian (RIVN) is finally moving into the part of the electric vehicle market that could determine its future. The electric vehicle business is delivering its new R2 SUV, a more compact, affordable car that many investors view as Rivian’s greatest hope for breaking out of its niche as a builder of premium electric trucks and

Novo Nordisk (NVO) has spent 2026 trying to convince investors that the worst is behind it. After a punishing year, the stock is finally clawing back from its lows. So, when Goldman Sachs sat down with management at a major healthcare conference this month, investors wondered if the bank would turn more positive about Novo’s

We witnessed the end of U.S. involvement in the Vietnam War 50 years ago, on April 30, 1975, with our last helicopter out of Saigon. But Vietnam’s despair runs deeper than the war we witnessed. The nation had been under attack for 35 years – first by the Japanese, then the French, then Chinese-sponsored northern invaders,

Apple has spent years trying to convince investors that its next major growth story will not depend only on a new iPhone. That effort has become more urgent as artificial intelligence reshapes the technology industry, with rivals including Google, Microsoft, OpenAI, and Meta moving faster with consumer-facing AI tools. For Apple, the pressure is different

Michael Burry posted on his Substack on June 12 to explain his latest moves, and his most pointed commentary was reserved for PayPal (PYPL). The famous investor, best known for calling the 2008 housing crash, has been adding to his position in the digital payments company as part of a broader rotation into stocks he

Prospective homebuyers have spent years weighing whether to buy into a difficult market, or wait for conditions to turn in their favor. For much of that stretch, patience looked like the safer play, and this week appeared to back that up. The average 30-year fixed mortgage rate rose to 6.52% as of June 11, its

Retirees who tap a traditional individual retirement account often miss a hidden cost that shows up two years down the road on their Medicare bill. The Social Security Administration uses your modified adjusted gross income from two years before to decide whether a Medicare premium surcharge applies. Every dollar withdrawn from a traditional 401(k) or