Stubbornly hot inflation in August could push up the 2027 cost-of-living adjustment for Social Security recipients, according to a new estimate from the AARP. The 2027 COLA is now projected at 3.6%, based on the August Consumer Price Index figures released on Wednesday, according to the advocacy group. AARP had forecast a 3.5% increase a month…
Last year, Cuban immigrant Yasmany Moreno de Armas was working and living in Florida. He’s now in the Central African Republic, after the Trump administration sent him and dozens of deportees to the deeply impoverished and conflict-ridden nation. The 31-year-old said he only learned the U.S. government was deporting him to Africa after he arrived…
American workers’ wages are once again failing to keep up with inflation — a painful financial déjà vu of the pandemic years. The repeat situation may feel even more acute given that many workers are still catching up from the 2021-2022 inflationary bout, when companies gave workers only moderate pay raises that fell short of four-decade-high price…
With U.S. inflation easing for two consecutive months, older Americans and other Social Security recipients may see a smaller cost-of-living adjustment for 2027 than was forecast earlier this year, according to two new estimates published Wednesday. The 2027 COLA is now projected at 3.6%, based on the July Consumer Price Index figures released on Wednesday,…
WASHINGTON: Immigrants seeking work permits, green cards, or changes of status could face a greater risk of having their applications denied under a new US Citizenship and Immigration Services (USCIS) policy that took effect on August 5. The policy, announced by USCIS on Wednesday, gives immigration officials broader discretion to deny incomplete applications without first…
Indian space startup Skyroot Aerospace on Saturday launched the country’s first privately developed orbital rocket, a key test of national efforts to compete for a bigger share of the global commercial launch market. The Vikram-1 rocket lifted off from the Satish Dhawan Space Centre in Sriharikota at 0635 GMT, leaving behind a plume of fire…
