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● Net income from continuing operations rose 20.8 per cent to $736.3 million.
The Social Security Administration announced on October 14, 2026 a 3.6% cost-of-living adjustment for 2027, the largest since the 8.7% increase for 2023. The 2026 adjustment was 2.8%. The average monthly benefit rises by about USD 75 for roughly 72 million people, as reported, …
The cost-of-living adjustment is based on the Consumer Price Index for Urban Wage Earners and Clerical Workers, known as CPI-W. The Social Security Administration compares the average for the third quarter with the same period a year earlier, so July, August and September readings …
The US Securities and Exchange Commission has voted to propose amendments that would make it easier for ordinary investors to reach private market strategies. The measures are proposals, so they are not yet in force. They now enter a public comment period of 60 …
The Financial Select Sector SPDR Fund (NYSEARCA:XLF) includes lenders and card issuers whose customers are exposed to household budget changes. The Education Department told more than 7 million borrowers in the SAVE plan to select a new plan after a federal court ended it …
The Saving on a Valuable Education plan, known as SAVE, has been blocked by the courts, and borrowers who were enrolled in it are being moved onto other repaymentOptionsin stages. The first group reached its 90-day deadline on September 29, 2026. Borrowers who did …
A study of consultants and advisors overseeing more than 10 trillion dollars in defined contribution planAssetsfound that firms describing their AI use as still evaluating fell from 44 percent in 2025 to just 14 percent a year later. Firms with formal AI governance structures …
RMD stands for required minimum distribution. It is simply the smallest amount of money the government requires you to take out of certain retirement accounts each year once you reach a certain age.
West Bay BDC LLC is set for a leadership transition as David Miller plans to resign as Co-Chief Executive Officer effective December 31, 2026. This move marks a key change for the firm as it seeks to adapt to the evolving financial environment. Miller’s …
First Guaranty Bancshares has finalized the sale of its Texas banking operations, generating $234 million in proceeds. The agreement resulted in transferring around $88 million in outstanding loans and managing deposits from five branches. This significant transaction, completed on July 31, 2026, marks a …
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