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Social Security COLA 2027 Estimate Holds at 3.1% After July 2026 CPI-W Report
The Social Security COLA estimate for 2027 held at 3.1% after July’s CPI-W data release. The Bureau of Labor Statistics confirmed CPI-W rose 3.4% over the 12 months ending July 2026. That trend-based calculation, from MyFederalRetirement, stayed unchanged from last month’s projection. Other forecasters see the increase running higher, ranging between 3.4% and 3.6%. The…
Tata Motors Stock Surges Over 6%: Strong Q1 Results and Nomura Upgrade Lift Sentiment
Tata Motors shares surged more than 6% on Thursday, August 13, 2026, after a strong June-quarter performance. The stock opened nearly 3% higher at ₹470 and touched an intraday high of ₹485. Consolidated net profit jumped 83% year-on-year to ₹2,560 crore for Q1 FY27. Revenue from operations rose 19.3% to ₹20,667 crore. Nomura upgraded Tata…
Japan’s Summer Jumbo Lottery Draws 1.2 Billion Yen Top Prize on August 12
Japan’s Summer Jumbo lottery draw on August 12 revealed winning numbers across three tiers. Premium tier offers 800 million yen first prize, standard tier 500 million yen, mini tier 30 million yen. Winners have until August 2027 to claim prizes.
US 30-Year Bond Yield Hits 5.28%, Highest Since 2007, as Inflation Fears Mount
US 30-year Treasury yield hits 5.28%, highest since 2007. Inflation fears, Middle East tensions, and Fed credibility doubts drive long-end surge. Australia’s 10-year yield approaches 5%.
Oracle Layoffs Could Intensify After 21,000 Jobs Were Cut Amid AI Expansion
Oracle layoffs are expected to intensify again before September 1, 2026, according to a Business Insider report from earlier this week. That follows a brutal fiscal 2026 in which Oracle already eliminated 21,000 jobs, roughly 13% of its total workforce, according to its June 22 regulatory filing. Oracle stock closed at $145.48 on August 11,…
Samsung (005930.KS), SK Hynix Shares Surge Over 8% on Report Temasek Plans Investment in Korean Chipmakers
Samsung Electronics and SK Hynix shares jumped more than 8% each on Wednesday, August 12, 2026, after local media reported that Singapore’s Temasek Holdings plans direct investments in both memory chipmakers. The report sent South Korea’s benchmark KOSPI index up as much as 5.1%, touching an intraday high of 6,590 points. Samsung trades under ticker…
Polymarket Prepares Major U.S. Push to Catch Kalshi as Prediction Market Battle Intensifies
Polymarket is making its clearest U.S. expansion push yet, building an internal market-making desk that would trade directly against its own users. That shift, reported by Bloomberg on August 12, 2026, moves Polymarket closer to a traditional sportsbook model. It comes as rival Kalshi seeks fresh funding at a valuation near $40 billion, nearly double…
Ardee Industries IPO Listing Today: 27% GMP Signals Strong Debut After Issue Subscribed 133.66 Times
Ardee Industries made a strong stock-market debut on 12 August 2026 after its ₹425.87 crore IPO attracted heavy investor demand. The issue was subscribed 133.66 times, while the grey market premium (GMP) had pointed to a possible 27% listing gain before trading began. The shares eventually opened well above the ₹53 issue price, giving investors…
SBI Locker Theft: Woman Loses ₹50 Lakh Jewels, RBI Pays Only 100x Rent
SBI locker theft in Kanpur exposes gap between valuables lost and RBI compensation. Bank liable for only 100x annual rent, not full value. Here’s what RBI rules say.