Social Security Update: New Bill Would Change COLA for Seniors

The Social Security 2100 Act would modify the formula used to determine annual COLAs between 2027 and 2036.

Social Security recipients may see a 3.8% cost-of-living adjustment in 2027.

Argentina's executive branch sent the bill to overhaul the central bank's charter to the Chamber of Deputies on Friday, a day after President Javier Milei outlined it in a nationwide broadcast. The measure will formally enter the parliamentary record on Monday and be referred to committees; the government hopes to pass

A bipartisan bill in the Senate would allow President Trump to impose tariffs on the biggest importers of Russian energy.

India has stepped up Russian crude oil purchases to make up for the deficit, helped in part by the US sanctions waiver which lapsed recently. However, India has continued to procure Russian crude.