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Pakistan’s leadership stresses need for unity, reforms as nation celebrates Independence Day – Pakistan

Pakistan’s civilian and military leadership has stressed the need for unity and reforms as the nation celebrates 79 years of independence today. According to state-run Radio Pakistan, the day dawned with a 31-gun salute in Islamabad and a 21-gun salute at the provincial headquarters. A change of guards ceremony was also held at the mausoleum…

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AI is driving up consumer prices. That won’t stop anytime soon, experts say.

The torrent of corporate spending on artificial intelligence in the U.S. is driving up consumer prices, working against efforts to cool inflation.  AI requires enormous computing power, driving demand for the semiconductors that enable it. Rising chip costs are also prompting electronics manufacturers to raise prices on smartphones, computers, software and other tech accessories. Consumers are…

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Social Security 2027 COLA estimate is shrinking as inflation cools. Here’s what to know.

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,…

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