Social Security benefits receive an annual cost-of-living adjustment (COLA) based on last year's inflation data, but the 2.8% COLA for 2026 is already lagging behind actual inflation, which rose 3.9% due to factors like the Iran conflict and surging oil prices. This backward-looking COLA system means seniors are losing purchasing power as inflation outpaces their benefit increases. Additionally, the COLA formula uses the CPI-W, which underestimates healthcare costs that heavily impact retirees, further eroding their financial stability. Experts expect a higher COLA in 2027, but without changes to the formula, seniors may continue to struggle, highlighting the importance of personal retirement savings to offset these gaps.
The US government is actively negotiating to take equity stakes in AI companies like OpenAI and Anthropic ahead of their planned IPOs, following a precedent set by its investment in Intel. This move aims to give the public a share in AI-driven growth...
Trulieve Cannabis Corp. made history by becoming the first U.S. cannabis company to list on the New York Stock Exchange under the ticker TRLV. This milestone was enabled by the Trump administration's reclassification of cannabis to Schedule III for m...
West Fraser Timber Co. Ltd. announced a quarterly dividend of US$0.32 per share on its Common and Class B Common shares. The dividend will be paid on July 13, 2026, to shareholders of record as of June 25, 2026. Shareholders have the option to receiv...
BIO-key International, a leader in biometric authentication, received a Nasdaq notice for failing to file its quarterly 10-Q report on time for Q1 2026. Nasdaq's notice indicates the company's compliance with listing rules is under review, and a hear...
Nyxoah SA has issued 55,232,558 new ordinary shares as part of a previously announced public offering, increasing the total number of shares with voting rights to 99,926,284. This move follows a private placement to qualified investors outside the U....
