Buffett’s Passive Investing Pick: Why He Recommends VOO -Buffett’s Berkshire gained 5.5 million percent — yet he tells most investors to skip stock-picking and buy one simple ETF instead. Here’s what and why. 2. EXECUTIVE NEWS SUMMARY Warren Buffett, chairman of Berkshire Hathaway, has endorsed passive index investing for ordinary investors since at least 1993, … Read more
2. EXECUTIVE NEWS SUMMARY TELUS Corporation cut its quarterly dividend by 55% on July 31, 2026 — its first earnings report under new CEO Victor Dodig. The annualized payout drops from C$1.6736 to C$0.75 per share. Shares plunged nearly 12% on the TSX. The move affects millions of Canadian income investors and pensioners who held … Read more
SSI recipients received their August 2026 payment on July 31. No deposit will appear in August. Here’s the full schedule and what’s changing with Direct Express. EXECUTIVE NEWS SUMMARY The Social Security Administration issued August 2026 SSI benefits on July 31 instead of August 1, because the first of the month falls on a Saturday. … Read more
EXECUTIVE NEWS SUMMARY On July 17, 2026, a three-judge Ninth Circuit panel unanimously rejected the Department of Education’s attempt to delay $23 billion in student loan relief under the Sweet v. McMahon settlement. More than 500,000 borrowers defrauded by predatory for-profit schools are now entitled to full loan discharges, refunds, and credit repair — the … Read more
What Happened? The Federal Reserve voted 9–3 to keep the federal funds rate unchanged at 3.5%–3.75%. Despite the pause, long‑term Treasury yields spiked. The 30‑year Treasury yield hit 5.244%, while the 10‑year rose to 4.671%. Short‑term yields eased slightly. Background & Context Treasury yields reflect investor expectations for inflation and Fed policy. When yields rise, … Read more
2. EXECUTIVE NEWS SUMMARY Forecasts for the 2027 Social Security COLA have cooled to 3.7%–3.8% after inflation eased in June. More than 75 million Americans could see monthly checks rise by about $73. The official announcement will come in October, with Medicare premiums likely to offset part of the increase. 3. FEATURED SNIPPET ANSWER The … Read more
EXECUTIVE NEWS SUMMARY Microsoft reported stronger‑than‑expected earnings, driven by cloud and AI growth. Shares surged nearly 15%, adding $450 billion in market value. The rally lifted the Nasdaq and semiconductor stocks, easing investor concerns about massive AI spending. The gains mark Microsoft’s best post‑earnings performance in nearly two decades. 3. FEATURED SNIPPET ANSWER Microsoft’s earnings … Read more
Fed Pauses, Microsoft Adds $450B: What It Means for You EXECUTIVE NEWS SUMMARY The Federal Reserve left interest rates unchanged, sparking concerns about inflation as long‑term Treasury yields hit a 19‑year high. Microsoft’s earnings beat expectations, adding $450 billion in market value and driving a sharp rally in U.S. stocks. The decision affects mortgages, retirement … Read more
2. EXECUTIVE NEWS SUMMARY Taylor Farms has recalled iceberg lettuce distributed to 27 states after federal investigators linked it to a Cyclospora outbreak. Nearly 2,000 cases have been reported, with dozens hospitalized. The FDA and CDC warn consumers to discard recalled lettuce sold at Walmart and served at Taco Bell. 3. FEATURED SNIPPET ANSWER Taylor … Read more
2027 Social Security COLA Forecast: 3.8% Increase Expected What Happened The Senior Citizens League projects a 3.8% cost‑of‑living adjustment (COLA) for Social Security beneficiaries in 2027, based on inflation data from the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI‑W). The official figure will be announced by the Social Security Administration (SSA) … Read more