About 6.9 million Californians on Social Security and 1.1 million SSI recipients will see benefits rise 3.6% in 2027.

Social Security benefits will increase by 3.6 percent in 2027, a jump from the 2.8 percent cost-of-living adjustment provided this year, the Social Security Administration announced Wednesday. Monthly benefits for nearly 72 million recipients are set to increase by an average of $75 for all retirees beginning in January,

The increase is aimed at helping about 68 million beneficiaries keep pace with inflation.

More than 70 million Social Security recipients will get a 3.6% benefit increase in 2027. The cost-of-living adjustment is up from 2.8% in 2026.

President Trump has announced a deal in which the United States could buy billions of dollars’ worth of diesel fuel from Russia, stunning allies and lawmakers.

President Donald Trump says he has struck a deal to obtain diesel from Russia. It's a stunning reversal of years of U.S. pressure on Moscow over its war with Ukraine and an attempt to address high fuel prices ahead of the U.

A dozen senators from both parties bluntly told President Donald Trump in a letter Tuesday to reverse a deal he announced last week to allow U.S. purchases of Russian diesel fuel. The proposed waiver of U.

President Donald Trump is facing growing backlash over his plan to import diesel from Russia, with some Republican and Democratic lawmakers insisting that the controversial deal runs directly counter to an existing law.

The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%. Growth in 2025 was 3.5%. Its

The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%

The International Monetary Fund on Tuesday slightly upgraded its outlook for the world economy for this year, while warning of growing risks from rising debt, including borrowing related to artificial intelligence.The IMF says it expects the global economy to grow at a 3.1% pace this year. That's up from its July forecast for 3.0% growth and well below the 3.5% expansion in 2025. Growth in 2027 should rebound to 3.4%, it said in its latest...

The International Monetary Fund (IMF) maintained its 2027 global economic growth forecast at 3.4%, warning that escalating Middle East tensions, rising government debt and persistent inflation could threaten the

JPMorgan, Goldman, Wells Fargo and Citigroup reported third-quarter results, kicking off a mixed Wall Street earnings season.

Follow live bank earnings coverage for JPMorgan, Wells Fargo, Goldman Sachs and Citigroup, with third-quarter results, calls and stock moves.

The results came after a turbulent quarter marked by the conflict in Iran, elevated oil prices and a global bond-market selloff, which affected dealmaking and trading activity across financial markets

JPMorgan Chase, Wells Fargo, Goldman Sachs and Citigroup are all slated to report earnings for the third quarter, in that order, before Tuesday's opening bell. Investors will be looking closely for si

LVMH's sales in mainland China dropped by double digits in the third quarter, adding to doubts about the durability of a broader luxury recovery. Bloomberg's Angelina Rascouet reports.

LVMH, the world's leading luxury group, said its sales edged higher in the third quarter despite a slowdown in demand in China hitting its fashion and leather goods segment. View on euronews

LVMH Q3 revenue hit €18.5B, topping estimates as U.S./EU strength offset China weakness; fashion & leather fell.

Shares in LVMH were indicated ​to open lower ‌on Tuesday after the luxury ​group missed third-quarter ​sales expectations, as weakening ⁠Chinese consumer ​sentiment weighed on ​its key division, home to brands ​Louis Vuitton ​and Dior.