Next Year's Social Security Raise Estimate Just Dropped From 4.7% to 3.7%
A month ago, analysts were projecting a Social Security cost-of-living raise near 4.7% for next year. That
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Credit Card Debt Just Dipped From Its Record High. The Interest Bill Didn't
Total US credit card debt actually fell last quarter, down from an all-time record. If that sounds like relief,
Home Insurance Premium Growth Is Slowing to 4%. It's Still Up 46% Since 2021
Home insurance premiums are projected to rise just 4% this year, a big slowdown from last year's jump.
More Than Half of This Year's Layoffs Are Blaming AI. The Jobless Rate Still Looks Fine.
Company after company is announcing job cuts and pointing to artificial intelligence as the reason. The official unemployment rate isn&
Inflation Just Posted Its Biggest Drop Since 2020. Core Prices Didn't Move at All.
The headline inflation number just had its best month in six years. Look at the number the Fed actually watches
Shipping Through the Strait of Hormuz Just Plunged 85%. Gold Still Can't Rally.
The US reinstated a blockade on Iranian shipping this week, and traffic through one of the world's most
Banks Just Posted Their Best Quarter in Wall Street History. The Market Fell the Same Week.
JPMorgan just reported the highest quarterly profit in the history of US banking. Goldman Sachs had its best quarter ever.
Medicare Just Announced Drug Price Cuts. Your Premium Is Still Going Up.
Medicare just unveiled negotiated price cuts on 15 expensive drugs, projected to save enrollees hundreds of millions of dollars. Read
7 Million Student Loan Borrowers Are About to Lose Their Payment Pause
Nearly 7 million people have been in a student loan forbearance since 2024, effectively not paying anything toward that debt.