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INFLATION IMPACT ON BENEFITS
Social Security commissioner Frank Bisignano makes major claim about program's future ahead of 2027 COLA announcementAmid rising financial pressures, Social Security Commissioner Frank Bisignano reassures the public about the program's future viability. An...- IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
- High crude vs festive demand: Can consumption stocks withstand the oil shock?As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG an...
- IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
- October 14 is the big day for Social Security’s 2027 COLA: What retirees need to know before the big announcement; will September inflation data shape your raiseThe Social Security Administration will announce the 2027 cost-of-living adjustment (COLA) on October 14 at 8:30 a.m. ET. The announcement ...
- Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
- FMCG revenues to rise in Q2, but costs could dent marginsIndia's FMCG sector is poised for a substantial revenue boost in the upcoming September quarter, with growth projected in double digits. Th...
- Boosting US oil supplies with Russian diesel unlikely to have much impact on prices: ExpertsA new agreement aims to increase diesel supplies from Russia to the U.S., while experts doubt it will lower prices. The current high diesel...
- Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
- Why a big 2027 Social Security COLA raise may not feel bigger: Here’s what could take back part of the increaseThe 2027 Social Security COLA could rise by about 3.5% to 3.6%, but a bigger check may not mean more money to spend. Higher Medicare Part B...
- Canada Grocery Benefit 2026: Thanksgiving turkey dinner for family of 4 costs $35.72, up 10% from 2025; how families can cut grocery costsRecent data reveals that Canadians are benefiting from a 25% increase in the Canada Groceries and Essentials Benefit. Despite this, the esc...
- Global Market: Eurozone bond yields surge as energy prices fuel rate hike betsEurozone bond yields rise sharply as higher oil prices fuel inflation concerns and expectations of tighter monetary policy, while widening ...
- Social Security 2027 COLA: October 14 decision nears as inflation data points to a 3.6% increase, but what could it actually mean for your monthly check?Social Security 2027 COLA date: The Oct. 14 announcement will settle the 2027 Social Security COLA. Current estimates point to roughly 3.4%...
- FCNR inflows to keep cap on bank deposit ratesThe liquidity from the foreign currency non-resident deposits is likely to stabilize bank deposit rates temporarily. This situation will al...
- Tata Motors PV, Maruti Suzuki, Ashok Leyland, auto stocks drop up to 3% as RBI signals rate cuts are ‘off the table’Auto stocks including Tata Motors PV, Maruti Suzuki, M&M and Ashok Leyland dropped on Wednesday after the RBI raised the repo rate and shif...
- Nifty 50 companies likely to log strong double-digit growth in Q2Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by ...
- Explained: How RBI rate hike may impact Sensex, Nifty after 8-week losing streakThe Reserve Bank of India is expected to announce a 25-basis point rate hike in its upcoming meeting. Analysts assert that this rate hike h...
- Banks vs NBFCs: Which stocks could benefit as RBI eyes rate hike for first time in 3 years?The RBI’s expected first rate hike in three years could have a mixed impact on banks and NBFCs. While higher funding costs may pressure NBF...
- Pulses prices surge: Will cheaper imports bring relief to consumers? Stakeholders dividedIndia currently imposes a 10% import duty on red lentils and chickpeas, while yellow peas attract a 30% duty.
- How much bigger could your 2027 Social Security check be? The latest COLA forecast gives retirees a clueA 3.5% to 3.6% Social Security COLA is currently being projected for 2027. That would be above this year’s 2.8% increase, although the fina...
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