See the full story in the original article.
Read the original on newstribune.com ↗
Related news
- US retirees to get another $75 a month for 2027 Social Security
Monthly checks for nearly 72 million Americans on Social Security will rise 3.6% in 2027, the largest increase in four years. The cost-of-living adjustment (COLA) takes effect in January and lifts the average retired worker's benefit by $75 a month to $2,170, the Social Security Administration said. Supplemental Security Income recipients will see higher payments starting Dec. 31. The increase matters most for retirees who rely heavily on Social Security, as older Americans increasingly tap investment accounts to fund spending; for top earners, such withdrawals equaled nearly 15% of annual spending in 2025, up from 8% in 2019, per the JPMorganChase Institute. The maximum earnings subject to Social Security tax will also rise to $192,300 from $184,500.
- Social Security recipients to get 3 . 6 % cost of living boost , an average of $75 per month
- Social Security recipients to get 3.6% cost-of-living boost, an average of $75 per month
The Social Security Administration projects a 3.6% cost-of-living adjustment from 2027, adding about $75 per month for nearly 72 million benefit recipients and about 7.3 million Supplemental Security Income beneficiaries. Many recipients say this is not enough, as the consumer price index rose 3.7% in September from a year earlier and gas prices spiked amid renewed fighting between the US and Iran. Some retirees worry that Medicare Part D premiums and drug costs will rise once a temporary subsidy program ends, and an AARP poll found about three-quarters of those 50 and older disagreed that a 3.5% COLA in 2027 would keep up with prices. The June 2026 trustees' report projects that Social Security's combined trust funds will be unable to pay full benefits starting in 2034, when incoming revenue would cover about 83% of scheduled benefits. Senators Warren and Moreno have proposed lifting the payroll tax cap to raise revenue.
- BBBS recruits passionate judges for Chili Cook - off | Jefferson City News Tribune
- Social Security COLA 2027 : What NJ retirees will get
The 2027 Social Security cost-of-living adjustment is 3.6%, starting in January and slightly higher than the 3.5% The Senior Citizens League had estimated. About 1.78 million New Jersey residents collect Social Security, including about 1.4 million retired workers, who receive an average of about $2,288 a month. The 3.6% increase adds about $82 a month for the average New Jersey retiree, compared with a national average increase of $75. The projected rise in the Medicare Part B premium from $202.90 to $209.50 a month means the average New Jersey retiree would net about $76 more per month. The 2026 adjustment was 2.8%.
- Social Security COLA 2027 Hands Retirees a Bigger Cheque, but Medicare and a 2032 Shortfall Could Claw It Back
The Social Security Administration confirmed a 3.6% cost-of-living adjustment (COLA) for 2027 on 14 October, lifting the average retirement benefit by $75 a month from January. That is the largest annual increase since 2023 and well above the 2.8% granted for 2026. However, the Medicare Part B premium is projected to rise $6.60 to $209.50 a month in 2027, which would absorb close to 9% of the average increase. The OASI trust fund is projected to run out in the fourth quarter of 2032, after which incoming payroll taxes would cover about 78% of scheduled benefits, triggering a roughly 22% cut unless Congress acts. Disabled veterans will only receive the matching increase if Congress passes the annual Veterans' Compensation Cost-of-Living Adjustment Act.
Related markets
Latest news
- One of this year's most important relationships in global financial markets is falling apart
One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to work out what it could mean for the economy and their portfolios.
- 2 High-Flying Dividend Stocks to Buy and Hold for a Decade
The article argues healthcare is rebounding in 2026, with Merck (MRK) shares up 39% and AbbVie (ABBV) up 24% year to date, versus about 12% for the S&P 500. Merck's second-quarter revenue rose 5% to $16.6 billion, beating estimates, with Keytruda sales of $8.4 billion, though Keytruda may lose patent exclusivity by 2028. AbbVie's second-quarter revenue grew 10.2% to nearly $17 billion and adjusted EPS rose 22.9% to $3.65, driven by Skyrizi and Rinvoq sales growing about 24%. AbbVie is on a streak of 54 consecutive annual dividend increases, including its time as part of Abbott Laboratories, qualifying it as a Dividend King. The author concludes both are attractive long-term holdings based on financial results, pipelines, and dividends.
- Nvidia (NVDA) Stock Price Lags Massive Earnings Growth—A Compelling Value Opportunity
Munro Partners' Munro Global Growth Fund posted a -12.6% net return in Q3 2026, trailing the MAET.ASX return of -13.8%, with long holdings the main detractors. The fund's letter named NVIDIA (NASDAQ:NVDA) its largest contributor, citing strong earnings growth and guidance for at least 70% revenue growth next fiscal year, versus consensus of 45%. Nvidia reported quarterly revenue of USD96.2bn in August, up 106% year on year, and management said growth would have been closer to 100% without supply constraints. As of October 12, 2026, NVDA closed at $214.13, down 4.23% over the past month and up 19.23% over the past year, with a $5.16 trillion market cap and a 52-week range of $164.27 to $243.37. The fund says demand for semiconductors and AI remains strong, creating a constructive setup as capex and political fears are now priced in.
- Better Artificial Intelligence Stock for 2026: C3.ai vs. SentinelOne
The article compares C3.ai, which sells enterprise AI applications, with SentinelOne, which provides AI-powered autonomous cybersecurity. In fiscal 2026 (ended April 30), C3.ai's revenue was nearly $250.3 million, down 35.7%, with a net loss of $470.4 million and negative free cash flow of $190.7 million. SentinelOne's fiscal 2026 (ended January 31) revenue reached $1.0 billion, up 21.9%, with a net loss of $450.7 million and free cash flow of about $75.9 million, though stock-based compensation equaled roughly 388.4% of operating cash flow. The article cites C3.ai's restructuring plan from February 2026 and long government sales cycles as risks, and SentinelOne's competition from larger vendors and reliance on Amazon hosting. It says SentinelOne trades at a lower valuation relative to sales, while C3.ai has no future earnings estimates.
- Salazar Resources to Begin Drilling the Yumi Gold-Silver Veins at Tarqui, with Porphyry Drilling Planned at Monja, Ecuador
Salazar Resources closed a $3,500,000 non-brokered private placement announced on October 8, 2026, and outlined its exploration plan. Phase 1 is about 1,500 metres of drilling in five holes at the Yumi gold-silver veins on its 100%-owned Tarqui project, with drilling expected to begin in late October 2026, and the veins have not previously been drilled. Selective rock-chip samples returned 105 g/t Au and 1,038 g/t Ag, and historical BHP holes intersected porphyry-style mineralization nearby, which the company interprets as lying on the periphery of a porphyry center not yet located. Phase 2 contemplates up to about 3,500 metres of drilling in four holes at the 100%-owned Monja copper-gold porphyry target from the first quarter of 2027, subject to surface access and permits. A soil survey of about 895 samples is also planned at Quimi, part of the Tarqui-Quimi project.
- Musk: AI’s Hard Part Is “Scaling Power”: 3 Stocks Uniquely Suited to Win This New Bottleneck Trade
Microsoft said it will scale its Maia chips to multi-gigawatt deployments starting next calendar year, and Elon Musk said scaling power is the hard part of AI. The article argues power is an input that chip and app companies cannot copy quickly, which favors Vistra (VST), Constellation Energy (CEG) and GE Vernova (GEV). Vistra has lost nearly a fifth of its value over the past year even though its adjusted EBITDA rose to $5.91 billion, while Constellation's normalized EPS is expected to reach $13.29 in fiscal 2027. GE Vernova's revenue is expected to reach $60.7 billion by fiscal 2028, and Jefferies has a $298 price target on Vistra. The article warns that all three stocks could move with the mood around AI, regardless of their results.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.