Social Security benefits include annual cost-of-living adjustments (COLAs) to help keep up with inflation, but these adjustments are based on the CPI-W index, which reflects worker spending patterns, not seniors'. Since healthcare costs for seniors rise faster than general inflation, Social Security benefits have lost about 13.7% of their buying power from 2016 to 2026. A proposed fix is to use the CPI-E index, which better reflects elderly spending, but lawmakers hesitate due to concerns about accuracy, fairness, and Social Security's funding challenges. Retirees should plan for rising healthcare expenses and consider supplemental income sources as Social Security may face cuts in the near future.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Viasat and BMW Group have successfully demonstrated the first integrated automotive satellite voice call, allowing drivers to make calls directly through the car's infotainment system even in areas without cellular coverage. This advancement, utilizi...
Iran has warned it will retaliate fiercely if the US targets its infrastructure, following President Trump's threat to strike Iranian power plants and bridges next week if negotiations fail. The US recently conducted airstrikes against Iranian milita...
Solana (SOL) maintains its price in the mid-$70 range, supported by several key developments. These include Circle's recent issuance of $500 million in USDC on the Solana network, increasing liquidity and transactional demand. Additionally, instituti...
