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A CRFB analysis says retirees this decade receive more in Social Security benefits than they paid, while insolvency could trigger a 22% cut in 2032.
1 hour ago
Ethan Mercer
Caitlin Clark came off the bench in Team USA’s World Cup opener but scored 14 points as the Americans overwhelmed China 94-61 in Berlin.
4 hours ago
Maya Bennett
U.S. payrolls rose 162,000 in August, nearly triple forecasts, while July was revised to a gain and markets raised September Fed hike expectations.
Bitcoin holds above $81,000 and Nasdaq futures rise as traders await an August jobs report that could sharply reset Fed rate expectations.
5 hours ago
Emir Abyazov
Crude oil prices rise as Brent nears $96 and WTI tops $92 amid Iran risks and upcoming OPEC+ meeting.
6 hours ago
Tia Avet
A projected 3.6% Social Security COLA for 2027 could lift the average retired-worker benefit above $2,160, though the final increase is not set.
September 3, 2026
Fed Governor Christopher Waller favors patience as inflation cools, but says a September rate hike remains possible if August data comes in hot.
European gas has surged near €74 as Iran tensions and low storage tighten supply, while U.S. gas falls below $2.90 on record production.
September 2, 2026
The dollar has reached a two-week high, yet a Reuters poll shows most FX strategists still expect weakness and see the euro reaching $1.18.
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