Inflation

US stock futures climbed on Monday morning as markets anticipate a Fed rate cut, strong Q3 earnings from top AI firms, and a potential US-China trade breakthrough this week.

Warren Buffett's Berkshire Hathaway underperforms the S&P 500 this year, partly due to significant sales of Apple shares since late 2023, costing an estimated $50 billion in potential profits.

The US Social Security Administration has announced a 2.8% cost-of-living increase for 2026, giving nearly 71 million Americans a boost to their benefits.

Inflation surges to a one-year high as tariffs imposed under the Trump administration drive up prices, fueling economic uncertainty and market concern.

The Social Security Administration finally announced the 2026 COLA of 2.8% after a week of delay amid the government shutdown.

A Los Angeles woman in advertising plans to move in with her grandfather to pay off her $73,000 student debt, uncertain how it will affect her finances and daily life.

AT&T is set to increase the cost of all its home internet plans on top of the $5 monthly increase that took effect just last year.

Ray Dalio cautioned that the current political cycle and the upcoming midterms in 2026 could make it difficult for parties to come up with a solution to the US debt problem before 2027.

Berkshire Hathaway chair Warren Buffett has long criticised gold because it does not generate cash flow. However, Berkshire briefly held a $500 million stake in a gold mining company at the height of the pandemic.

Author Robert Kiyosaki believes the upcoming market crash in 2025 will wipe out Baby Boomer retirement accounts. He urges people to invest in real assets like silver and Ethereum.

Citadel Advisors' Kenneth Griffin believes that the current immigration policy, fiscal policy, and monetary policy appear to be fostering a 'very pro-inflationary environment.'

The Bitcoin and gold rally could gain further momentum if investors continue to diversify away from the US dollar due to factors like the government shutdown, geopolitical uncertainty, inflation, and devaluation of the greenback.

Social Security payments will continue to arrive on time despite the US government shutdown, but customer services at the agency are likely to be impacted.

Brits in the 18 to 24 age group have an average of £3,636 in savings, with almost 60% of them having saved less than £1,000.

Rumours of 2025 stimulus cheques are making waves on social media, but no confirmation was provided by Congress or the Internal Revenue Service.

Over 8 million eligible New Yorkers will automatically start receiving refund cheques of between $150 and $400 starting at the end of this month.

Sen. Hawley's bill offers $600 tariff rebates to offset higher prices, but inflation risks and Congressional approval remain concerns for 2025.

Young workers may see £12.71 too, but businesses warn of job cuts amid £5B rights bill costs.

By 2025-26, 300,000 more Brits face savings tax due to frozen thresholds. ISAs offer relief, but reforms loom. Learn who's affected and how to protect your savings.

DWP benefits like Universal Credit paid early due to 25 Aug bank holiday. Uni fees rise to £9,535, inflation at 3.6%.

Families continue to struggle to put food on the table as rising food and energy costs push inflation to 3.6%.

Amendments to the Social Security Act decades ago ensured that the retirement age rises by two-month increments annually, and it reached 67 for those turning 65 in 2026 and after.

Global central banks continue to withdraw US Treasuries from the New York Federal Reserve since Trump's tariff play in late March. This trend could force the Treasury to hike yields to attract bond buyers, which could drive up borrowing costs.

Investors are piling cash into short-term US T-bills with stable yields as market jitters driven by tariffs and federal deficits affect the long end outlook.

Michael Saylor believes bitcoin is digital capital and maybe the most explosive idea of the era, and financing options adopted by GameStop and Trump Media to buy BTC could create short-term downward pressure.

US retirees are claiming social security cheques much earlier than planned and settling for lower monthly incomes amid threats to the program and access to benefits.

A Queensland man couldn't believe he had won over $1 million in a lottery draw. He took over a month to accept the reality and finally claim his winnings.

Pershing Square Capital Management CEO Bill Ackman heavily bought shares of transportation and car rental companies while offloading consumer discretionary brands.

Ultra-rich people often use debt as a tool to maintain adequate cash flow at all times with the goal to capitalize on market opportunities for long-term wealth appreciation.

Pershing Square Capital Management CEO Bill Ackman called on Donald Trump to pause tariffs for a faster resolution to the escalating global trade war.