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The nearly 76 million Americans who receive Social Security benefits are slated to find out on Oct. 14, 2026, how much their monthly check will rise. This cost-of-living adjustment, or COLA, is how the government tries to make sure that the value of Social Security benefits keeps up with inflation. Without it, the same payment would cover less of what recipients are spending on medical care, housing, groceries, clothing and other necessities. I am a finance professor, and one of the topics I research is how inflation affects retirees’ investment choices. And I believe the upcoming bump does

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

AI limiting European workers' bargaining power, ECB's Lane says

Election|Political|US

James Talarico has Democrats dreaming big after decades of dashed hopes in Texas

Democrats have been dreaming big in Texas for decades, awash in optimism that this could finally be the year to win a US Senate seat.For the first time, lifelong Republican Pete Nodecker is joining them, planning to cast his ballot for James Talarico when early voting begins here next week.“I’m rather disillusioned with the Republican Party,” said Nodecker, 81, a retired restaurant supplier. “The Republican Party has been hijacked. They’re not the Republican Party that I was a member of for all my life.”In the final three weeks of the fall campaign, Talarico is seeking to build a c

Six Flags financial trouble started well before tragic death

Boeing deliveries tick up to 57 jets in September

CVS agrees to pay $315 million to settle Justice Department case over opioid prescriptions

CVS Pharmacy Inc. and various subsidiaries have agreed to pay $315 million to resolve a Justice Department case alleging it unlawfully dispensed medically unnecessary prescriptions of highly addictive opioids, officials said Tuesday. The settlement resolves a lawsuit brought in 2024 that accused the healthcare giant of providing massive amounts of opioids and other controlled substances “to fuel its own profits at the expense of public health and safety.” It’s the latest effort by the federal government to hold accountable companies that officials have alle

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

US chip stocks extend slide as China memory report, AI spending jitters hit sector

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Europe|MidEast|Political|US|World

Trump fires ambassador to Greece Guilfoyle after reports of misconduct

The White House said on Tuesday it had asked US Ambassador to Greece Kimberly Guilfoyle to resign after a series of news reports raised concerns she sold access to Trump administration officials in exchange for money, gifts and favors.US President Donald Trump had said on Monday that he was considering firing Guilfoyle, who was once engaged to his son Donald Trump Jr. On Tuesday, he told reporters: "She was doing a good job, but we didn't like what we were reading." US lawmakers had raised the alarm after a series of stories in the Wall Street Journal beginning last month that detailed Guilfo

Crime|Political|US

Jury selection begins in federal death penalty trial of Buffalo, NY, supermarket mass shooter

Jury selection began Tuesday in the federal hate crime trial of a man who admitted to killing 10 Black people in a massacre at a New York supermarket in 2022, a case that could lead to a rare death sentence. Payton Gendron is already spending life in prison after pleading guilty to state murder charges and tearfully renouncing his white supremacist views. He now faces a trial in federal court arising from the same mass shooting. The stakes are high: If convicted, the 23-year-old could face the death penalty. The attack at the Tops Friendly Market in Buffalo is beli

Kyiv says Russia hits energy targets despite Trump ceasefire announcement

Emergency help was delayed by confusion after failed execution of Christa Pike, 911 calls reveal

Arts|Crime|Interview|US

Neighbors in Erie community grapple with mass shooting: "Horrific and unimaginable"

ERIE, Pennsylvania (KDKA) -- A community in Erie, Pennsylvania, is grappling with the loss of nine lives following a deadly mass shooting on Friday.Investigators returned to the home Saturday, continuing to piece together what happened.KDKA-TV spoke with family members of victims and neighbors in the aftermath of the shooting, who are trying to make sense of the violence.Tiffany Jackson and Jennifer Macko, neighbors of 722 Perry Street, recalled the events of Friday."This situation is horrific and unimaginable," Macko said."It just got worse and worse throughout the n

Crime|Political|US

What we know about the ICE shooting in New York City

New York City has found itself mired in the Trump administration’s immigration crackdown after officials said federal agents shot a driver while his 5-year-old was in the back seat.The Department of Homeland Security and city officials remain at odds over immigration agents’ tactics that led to them opening fire on 28-year-old Oscar Belgal. Federal officials accuse Belgal of trying to drive his Honda CRV into agents in the city’s Marble Hill neighborhood in the Bronx during a targeted enforcement operation.DHS Secretary Markwayne Mullin told CNN’s Jake Tapper that Immigration and Custo

The Latest: Rep. Omar says she will ‘not be silenced’ after Homeland Security searches her home

Agents search Rep. Omar's Washington home in criminal probe as she vows she won't 'be silenced'

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Entertainment|Sports|World

Atlanta Dream to host Finals Games 3 and 4 in much larger arena after days-long drama

The Atlanta Dream may have racked up a ton of steals on the court against opponents in this WNBA postseason, but the franchise just got a major assist ahead of the Finals against the Golden State Valkyries.On Tuesday, it was announced the WNBA Finals schedule would be altered for Game 3 and Game 4 to accommodate the Dream using State Farm Arena in downtown Atlanta instead of the team’s home base, Gateway Center Arena in nearby College Park, Georgia. The Gateway Center has the smallest capacity in the league at 3,500 and State Farm Arena, home of the NBA’s Atlanta Hawks, holds around 17,000

Arts|Sports|World

Michael Jordan jersey sets $14 million record for basketball memorabilia, auction house says

A game-worn, autographed Michael Jordan road jersey from the 1998 NBA Finals has been privately sold for $14 million, an auction house announced Monday, calling it the highest price ever paid for a piece of basketball memorabilia. Pennsylvania-based Hunt Auctions announced the private treaty sale and identified the buyer as Miami real estate investor Ron Firman. The red jersey is the one Jordan wore in Game 2 of that series on June 5, 1998; he and the Chicago Bulls beat the Utah Jazz that night to even the matchup at a game apiece. Jordan and the Bulls would go on

A man struck by an ICE vehicle broke both his legs. Here’s what we know

One teen killed, others wounded, after explosion on Israeli school trip near Lebanon border

Business|Europe|Lifestyle|Travel|World

Fire destroys French capital's 'Enfants Rouges' covered food market

A fire tore through Paris' oldest covered food market in the early hours of Monday, authorities said, destroying the historic site popular with tourists.• Ariel Weil, the mayor of Central Paris, said the Marché des Enfants Rouges had been "totally destroyed"• The market was established in 1615 during the reign of Louis XIII in the upscale Marais district. It took its name from a nearby orphanage whose children wore red clothing• The fire broke out at about 3 a.m. (0100 GMT), French media reported. Firefighters were still tamping down the smouldering ruins several hours later• The cau

139 migrants, including children, die after boat capsizes off Djibouti

At least 139 people, including children, have died after a boat carrying more than 300 migrants capsized off the coast of Djibouti in east Africa, the International Organization for Migration said Sunday. That number only includes those buried by authorities in Djibouti. Others have been buried by the migrants themselves but they won't be added to the official count until authorities can verify the bodies, Alexandre Coissac, IOM Chief of Mission in Djibouti, told the AP via the phone. “What is terrible is that they were buried with no names, in a common grave, l

Trump announces Ukraine energy ceasefire with Russia, surprising Zelenskiy

Trump suggests Russia and Ukraine did not agree to his ‘energy ceasefire’ before he announced it

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Economy|Election|Political

GOP senator said gas prices would decide the midterms. Now they’re threatening his reelection

Election

Republicans worry that evangelicals sitting the midterms out could cost them in key races

Celebrity|Entertainment|Political

Fact check: Trump posts fake quote of Denzel Washington supposedly praising him

Election|Political

Trump is heading all the way to Alaska in a sign of just how close its Senate race may be

Arts|Entertainment|Finance|Technology

Archbishop of the U.S. military says Catholic soldiers should not serve on firing squad

The archbishop who oversees Catholic pastoral services for the U.S. military is condemning the proposed livestream of Nidal Hasan's firing squad execution

Election|Political

Trump holds raucous Ohio rally as he tries to shore up base voters for GOP

Election|Political

Musk has spent $276 million on midterms to help Republicans retain control of Congress

Hackers heat French supermarket fridges, sparking fires and spoiling food

Hackers raised the temperature of refrigerators and freezers at hundreds of French supermarkets to as high as 50 degrees Celsius (

Business|Election|Political|Technology

Elon Musk emerges as the top booster for Republicans with $276 million in donations

Crime|Election

What to know about the search of Democratic Rep. Ilhan Omar's home

President Donald Trump's administration has taken the unusual step of searching Democratic Rep. Ilhan Omar's home in Washington, just three weeks before the midterm election

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls