The Social Security Administration won’t announce the 2026 cost-of-living adjustment (COLA) to benefits until next month, but experts are already making forecasts.The Senior Citizens League (TSCL) estimates the COLA bump will be 2.7%. That’s up from the 2.5% increase retirees received in 2025, one of the lowest on record. But it’s still shy of the 2.9% increase in inflation recorded between August 2024 and August 2025. “While a higher COLA would be welcome because their monthly benefits will increase, many will be disappointed,” TSCL executive director Shannon Benton said in a statement. “[Our] research shows that many seniors believe the COLA does…
Author: usaeverydaylife
Microsoft’s first data center in Mount Pleasant, Wisconsin.MicrosoftRACINE, Wis. — Microsoft said Thursday that it will allocate $4 billion to build a second data center in Wisconsin. The first one will come online in early 2026, with the software company spending $3.3 billion on it.The first Wisconsin data center, in nearby Mount Pleasant, will house hundreds of thousands of Nvidia Blackwell GB200 graphics processing units that are capable of handling artificial intelligence models, Brad Smith, Microsoft’s president and vice chair, said at a town hall meeting.Cloud infrastructure providers are racing to build capacity to meet the needs of companies that…
In her latest book, “Love by Design,” social psychologist Sara Nasserzadeh explains that there are six ingredients a romantic relationship needs to be able to last and thrive.These ingredients include compassion, trust and a shared vision and they need to be present to give relationships “a chance to even survive,” she says. “Let alone thrive.”Respect is also a key ingredient and a fundamental one, Nasserzadeh says. It helps build the base for how each partner behaves.In fact, a lack of respect in a relationship is a major red flag. In the long run, it can “bash the whole self-esteem and…
Nike shares will do well as the athletic apparel brand refreshes its product offerings and organizational structure, RBC told clients on Thursday. The bank upgraded Nike to outperform from sector perform. It raised the stock’s price target to $90 from $76, implying 24% upside. RBC pointed to Nike CEO Elliott Hill’s overhaul this year of the company’s organizational structure as a major catalyst for growth moving forward. The firm’s senior leadership is largely composed of newly appointed members or individuals in newly created roles, which should help Nike chart a new path. “Nike is taking the right steps, with clear…
Across the U.S., Americans didn’t see a huge boost to their incomes between 2023 and 2024. The national median household income ticked up just over 1%, according to the U.S. Census Bureau.But incomes rose much more significantly in some places. In Tampa, Florida, the median household income jumped over 15% between 2023 in 2024 — from $72,851 to $97,219 — according to a SmartAsset analysis of Census Bureau data. That’s the biggest jump in any of the 50 largest U.S. cities for the one-year period.Most of the cities SmartAsset analyzed experienced more significant income growth than at the national level. The median…
Coinbase CEO Brian Armstrong and other crypto executives took to Capitol Hill this week as part of a regulatory showdown between the industry and banks with potentially trillions at stake.Banking advocacy groups are urging lawmakers to prohibit crypto exchanges like Coinbase from offering customers rewards that are structured like interest payments banks offer.”I’m not sure why the banks would want to bring that up again at this point, but they should have to compete on a level playing field in crypto,” Armstrong told CNBC on Wednesday.Coinbase currently offers a 4.1% reward for those holding USDC stablecoin. Kraken offers a 5.5%…
Here are Thursday’s biggest calls on Wall Street: RBC upgrades Nike to outperform from sector perform RBC said the company is making progress in its turnaround. ” Nike is taking the right steps, with clear improvement in Running Footwear offer, positive channel checks, survey findings and a refreshed organisational structure that should support faster and more accountable decision-making.” Read more . Goldman Sachs upgrades StepStone Group to buy from neutral Goldman Sachs said the financial planning company is an “underappreciated beneficiary of wealth growth in private markets.” “We upgrade STEP to Buy from Neutral with an $83 price target, representing…
Skin cancer is prevalent in the United States, and still there are many misconceptions about skin protection — especially when it comes to sunscreen.There are plenty of things people aren’t aware of when it comes to how sun exposure can affect the skin, says Dr. Adam Friedman, professor and chair of dermatology at GW School of Medicine and Health Sciences. From where on the body you should apply sunscreen to how often you should be reapplying throughout the day.A fact that would surprise many people when it comes to sunscreen, Friedman says, is what SPF actually protects against.”SPF only refers…
From left, Notion founders Akshay Kothari, Ivan Zhao and Simon Last.NotionOpenAI’s public launch of ChatGPT in November 2022 is widely viewed as the event that kicked off the generative AI boom, which remains the dominant theme in the tech industry almost three years later.Notion jumped on the bandwagon early.Two weeks before ChatGPT hit the market, the productivity software startup announced its own artificial intelligence feature using an OpenAI model. Notion AI was designed to be a “writing assistant” that could help a user with brainstorming, editing and summarizing, the company said.”We’re at an important inflection point,” CEO Ivan Zhao wrote…
Wynn Resorts is poised to go even higher, propelled by gaming market tailwinds lifting its international businesses, according to Stifel. The investment firm, which has a buy rating on shares, raised its price target to $145 from $130. That signals 17.6% upside. Shares of Wynn have been on fire this year, soaring 49% in that time. That gain also outpaces the S & P 500’s 13% advance for 2025. WYNN YTD mountain WYNN YTD “We think there is considerable upside in WYNN and continue to believe this name should remain a core holding for any investor,” analyst Steven Wieczynski said…
