Social Security COLA 2027: Why a $73 monthly boost could spell trouble ahead of October 14 announcement

Social Security COLA 2027: Retirees may get a $73 monthly boost as inflation and funding concerns grow. (AP Photo/Jenny Kane, File) (AP Photo/Jenny Kane)

The US Social Security Administration is expected to announce the 2027 cost-of-living adjustment (COLA) after the September inflation report is released on October 14. The US Bureau of Labor Statistics will publish the report at 8:30 am ET, providing the final inflation data needed to calculate the increase. Social Security COLA 2027: Retirees may get … Read more

A Massachusetts dairy farmer nearly sold an unfarmable slice of his land to Walmart, but put an 11-acre solar field there instead; the lease paid $1,000 a week while rooftop panels erased a $1,400 monthly power bill

A Massachusetts dairy farmer nearly sold an unfarmable slice of his land to Walmart, but put an 11-acre solar field there instead; the lease paid $1,000 a week while rooftop panels erased a $1,400 monthly power bill

A Massachusetts dairy farmer once considered selling an awkward, hard-to-farm patch of his property to Walmart. Instead, he turned the 11-acre slice into a solar field that now provides a steady lease income, while rooftop panels have nearly wiped out the farm’s $1,400 monthly electricity bill. The story was told by John Nagy in Notre … Read more

Social Security COLA 2027: Why Medicare deductions could reduce retirees’ monthly benefit increase

Social Security COLA 2027 may increase benefits, but Medicare deductions could reduce retirees' monthly payments. (AFP)

The three-month period used to calculate the 2027 Social Security cost-of-living adjustment (COLA) ended in September. The Social Security Administration (SSA) is expected to announce the official increase in October. Until then, retirees can only use estimates to know how much their monthly payments may increase. Social Security COLA 2027 may increase benefits, but Medicare … Read more

ICE arrests nearly 50,000 immigrants in July, highest monthly tally under Trump’s second term

ICE arrests nearly 50,000 immigrants in July, highest monthly tally under Trump’s second term

US Immigration and Customs Enforcement (ICE) US Immigration and Customs Enforcement (ICE) arrested 49,571 people in July, marking the highest monthly arrest tally during President Donald Trump’s second term, according to government data analysed by The Associated Press.The figure was 15 per cent higher than the 43,021 arrests recorded in June and about 70 per … Read more