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Social Security 2027 COLA predicted to rise to 3.9% amid inflation

Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) next year amid rising inflation, according to new reports. An analysis by The Senior Citizens League (TSCL) predicts that the 2027 COLA will be 3.9%, which would represent an increase of 1.1 percentage points from this year’s 2.8%…

AI’s newest aesthetic has some people upset

A Patagonia vest is to a finance bro as a cracked laptop is to an AI-agent power user. Loading audio narration… The new calling card for AI coders is someone who won’t shut their laptop, even if it makes them look a bit silly.From airports to high school hallways to ice rinks, people are leaving their laptops at least slightly open to keep their coding agents running. BI’s Henry Chandonnet spoke to these coders about…

Finance news

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Business

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Waymo recalls thousands of autonomous vehicles following safety incident

Waymo is recalling its massive fleet of autonomous vehicles over a defect that may pose significant safety risk, according to federal regulators.  The action follows an incident in which a driverless vehicle failed to come to a complete stop after encountering flooded road conditions on a high-speed roadway, the National…

Markets

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Read the memo: Walmart cuts or reorganizes 1,000 jobs

Walmart is cutting or relocating about 1,000 corporate jobs to address redundancies and duplicate roles. Loading audio narration… A spokesperson for the retail giant confirmed the number of roles affected to Business Insider on Tuesday. The Wall Street Journal earlier reported the news.A person familiar with the restructuring said it…

Investing

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