Earnings

In 2025, Social Security beneficiaries will see a modest 2.5% increase in their benefit checks, translating to approximately $50 more per month, on average. This annual cost-of-living adjustment (COLA) is notably the smallest since 2021, sparking concerns among retirees who are grappling with persistent inflation. According to Jim Blair, a former Social Security administrator and
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Atlassian, the renowned Australian software company, recently reported second-quarter earnings that significantly surpassed Wall Street’s expectations, leading to an impressive 18% surge in its stock price. This remarkable performance is underscored by adjusted earnings per share (EPS) of 96 cents, a notable increase from the analysts’ forecast of 76 cents, according to data from LSEG.
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As the automotive industry shifts towards electrification, Honda Motor Co. is making a striking pivot by establishing its next-generation electric vehicle (EV) manufacturing hub in Ohio. This decision, revealed during a recent investment announcement of over $1 billion—up from an initial $700 million—marks an unprecedented move for the 75-year-old Japanese automaker, previously known for its
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In response to the tragic mid-air collision involving an Army Black Hawk helicopter and an American Airlines jetliner, the Federal Aviation Administration (FAA) has swiftly enacted restrictions on helicopter traffic around Ronald Reagan Washington National Airport. This significant measure, announced by Transportation Secretary Sean Duffy, comes in the aftermath of an incident that claimed the
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