Social Security Recipients Could See Larger Payment Adjustment In 2027 Amid Higher Inflation

Mortgage Rates Hit 9-Month High, Freezing Out Homebuyers In Peak Season The average rate on a 30-year fixed mortgage climbed to its highest level since August, threatening to derail the spring selling season as higher Treasury yields and renewed inflation pressure push loan costs higher and freeze more prospective buyers out of the market. Freddie Mac data released Thursday show the 30-year fixed mortgage rate for the week ending May 21 jumped to 6.51% from 6.36%, the highest rate since Aug. 28, 2025. Soaring mortgage rates stem from turmoil in the Gulf...

Nine Dead, Including Two Children, In Pennsylvania Family Mass Shooting A shooting in Erie, Pennsylvania, on Friday left nine people dead, including two small children, a pregnant woman and the man authorities believe was responsible, according to USA Today. Police say the violence appears to have unfolded largely within a single family, although the circumstances leading up to the killings remain unclear. The incident occurred October 9 at a house on Perry Street, where police were alerted to gunfire shortly before 5 p.m. Officers arriving at the property discovered two women, ages...

Argentina's Milei Escalates Falklands Dispute With Oil Sanctions On UK, Israeli Firms Argentina's President Milei has announced plans to sign a decree sanctioning companies working on oil exploration of the Falkland Islands, coming a mere days after President Trump indicated that the US position on the archipelago was "under review". The Libertarian-Right firebrand leader proclaimed quite provocatively that "The Falkland Islands are Argentinian, historically and legally. There is no debate" and added that the "winds of change" have more lately favored Argentina's claim. Milei characterized the Falkland's Sea Lion Project, which is...