2027 Social Security COLA Forecast Points To Modest Increase

2027 Social Security COLA Forecast Points To Modest Increase

Early projections for the 2027 Social Security cost-of-living adjustment are drawing new attention as several personal finance outlets report an updated estimate of about 3.9% as of May. The estimate is not an official figure from the Social Security Administration. The annual COLA is set later and is based on inflation data used in the…

Nvidia Tops Estimates As AI Demand Lifts Quarterly Revenue

Nvidia Tops Estimates As AI Demand Lifts Quarterly Revenue

Nvidia reported another blowout quarter, topping Wall Street expectations as demand for its artificial intelligence chips drove a sharp jump in revenue. Even after the strong results and an upbeat outlook, the company’s shares slipped in trading. The Silicon Valley chipmaker said revenue surged 85% from a year earlier, powered by continued spending on AI…

Google Pitches Consumer AI Agent Ecosystem Amid Buyer Doubts

Google Pitches Consumer AI Agent Ecosystem Amid Buyer Doubts

Google is laying out a broad vision for AI “agents” that can handle tasks on a user’s behalf, pitching an ecosystem that aims to move artificial intelligence beyond chat and into background work across everyday products. The push signals Google’s intention to make agent-style AI a consumer-facing platform, even as it confronts the reality that…

Oil Prices Jump Over 2% After Khamenei Rejects Uranium Export

Oil Prices Jump Over 2% After Khamenei Rejects Uranium Export

Oil prices climbed more than 2% on Monday after Iran’s supreme leader said the country’s uranium must remain inside Iran, a comment that helped push crude higher as broader markets moved lower. The move came as investors weighed geopolitical developments tied to Iran and their potential implications for energy supplies and regional stability. The price…

Major Brokerages To Offer Retail Access In SpaceX IPO

Major Brokerages To Offer Retail Access In SpaceX IPO

Retail investors are being offered direct access to participate in a SpaceX initial public offering through major brokerage platforms, marking a shift in how individual investors can take part in one of the most anticipated potential stock debuts in the market. The development, reported by multiple outlets including CNBC and MSN, centers on brokerage platforms…

SoftBank Shares Jump on Reports of OpenAI IPO Plans

SoftBank Shares Jump on Reports of OpenAI IPO Plans

SoftBank Group shares surged nearly 20% in trading after reports tied the move to renewed expectations around a potential OpenAI initial public offering, alongside separate IPO optimism for SB Energy. SoftBank, the Japanese technology investment conglomerate, was among the biggest movers as investors reassessed the value of its high-profile artificial intelligence exposure. The rally followed…

Anthropic Set To Reach $10.9B In Q2 Revenue, Source Says

Anthropic Set To Reach $10.9B In Q2 Revenue, Source Says

Anthropic is on track to generate $10.9 billion in revenue in the second quarter, according to a source cited by CNBC. The figure, reported by CNBC’s Ashley Capoot, would mark a major revenue milestone for the artificial intelligence company behind the Claude family of models. The report did not provide additional details about the source,…

Israeli Security Minister Draws Rebukes Over Flotilla Abuse Video

Israeli Security Minister Draws Rebukes Over Flotilla Abuse Video

Israel’s national security minister has triggered fresh diplomatic backlash after sharing a video that shows detained flotilla activists being taunted while restrained, prompting condemnations from foreign governments and adding a volatile new episode to already tense international scrutiny of Israel’s actions related to the Gaza war. The video, attributed in published reports to National Security…

Drones Strike Lukoil Nizhny Novgorod Refinery, Ukrinform Reports

Drones Strike Lukoil Nizhny Novgorod Refinery, Ukrinform Reports

Drones struck one of Lukoil’s largest oil refineries and a chemical plant in Russia, according to media reports cited by Ukraine’s national news agency, Ukrinform. Ukrinform reported the attack as a drone strike targeting Lukoil facilities. The report identified the sites as a major Lukoil refinery and a chemical plant and described the incident as…

Iran Reviews U.S. Peace Proposal As Trump Signals Patience

Iran Reviews U.S. Peace Proposal As Trump Signals Patience

Iran is reviewing a U.S. peace proposal as President Donald Trump said he is willing to wait “a few days” for Tehran’s response, describing the talks as being in the “final stages” while warning that renewed attacks remain possible if no agreement is reached. Trump’s comments were reported by Reuters and came as multiple outlets…

Vanessa Trump Announces Breast Cancer Diagnosis In Statement

Vanessa Trump Announces Breast Cancer Diagnosis In Statement

Vanessa Trump announced that she has been diagnosed with breast cancer, sharing the news in a personal statement and saying she is approaching treatment with focus and hope. Trump, 48, disclosed the diagnosis publicly in a message that was carried by multiple national outlets including CBS News, ABC News and USA Today. In the statement,…

Nvidia Says It Has Largely Conceded China AI Chip Market To Huawei

Nvidia Says It Has Largely Conceded China AI Chip Market To Huawei

Nvidia CEO Jensen Huang said the company has “largely conceded” China’s market for artificial intelligence chips to Huawei, acknowledging the Chinese technology giant’s growing strength in the sector. Huang’s comments underscore how difficult it has become for U.S. chipmakers to compete in China’s fast-moving AI hardware market. Nvidia has been the dominant supplier of AI…