Stay Updated with the Latest First Trust Intermediate Duration Preferred & Income Fund FPF News in Real Time
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Oil Prices Drop Over 4% as US and Iran Ease Tensions
On July 27, 2026, oil prices fell by more than 4% after signs emerged that tensions between the United States and Iran were easing. The shift reduced concerns about major supply disruptions in the Middle East. Brent crude and West Texas Intermediate (WTI) both gave back recent gains as traders adjusted their positions following the…
iPhone 18 Pro Launches Sept 12 With 2nm Chip, Bigger Battery, Camera Upgrades
Apple launches iPhone 18 Pro on September 12 with 2nm A20 chip, larger battery, and major camera upgrades. Standard iPhone 18 delayed to spring 2027, forcing early buyers to choose Pro models at higher prices.
Burnham’s Inheritance Tax Plan: 10% Rise and Pension Changes From April 2027
Burnham eyes 10% inheritance tax rise to fund social care. From April 2027, pension death benefits become taxable. Nil-rate band frozen at £325,000 since 2009.
SoftBank Group Secures 21 Additional Banks for $40 Billion OpenAI Loan
SoftBank Group has secured commitments from 21 additional banks to support its $40 billion bridge loan for OpenAI, making it one of the biggest AI financing deals of 2026. The latest reports, published in late July 2026, suggest lenders remain willing to fund large artificial intelligence projects even as borrowing costs stay elevated. The financing…
Waitrose Unveils New Neighbourhood Stores in £1 Billion Expansion Plan
Waitrose is rolling out a new small-format “neighbourhood” store concept as part of its £1 billion UK expansion plan. The John Lewis Partnership-owned grocer has already opened around 20 of these shops nationwide. Waitrose currently operates roughly 320 stores across Britain, compared with over 1,000 for rival Marks & Spencer. The multi-year investment also covers…
Social Security 2027 COLA Set at 3.9%: What $78 More Monthly Means for 70M Beneficiaries
Social Security beneficiaries will receive a 3.9% COLA increase in 2027, boosting a $2,000 monthly check to $2,078. The adjustment reflects higher inflation but strains the program’s finances ahead of a projected 2032 trust fund depletion.
Social Security COLA 2027 Forecast Climbs to 3.8% as Inflation Persists
As inflation has stayed higher than many economists expected, the outlook for Social Security benefits in 2027 has improved. Recent estimates suggest the cost-of-living adjustment (COLA) could reach 3.8%, giving millions of retirees a larger monthly benefit next year. The Social Security Administration (SSA) is expected to announce the official COLA in October 2026, so…
Bank of Baroda Share Price Slips After Q1 Results as Brokerages Cut Targets
Bank of Baroda Share Price Slips After Q1 Results as Brokerages Cut Targets Bank of Baroda share price slipped nearly 1% on Monday, extending pressure from Q1 results. The public sector bank reported a 72% year-on-year drop in net profit. Bank of Baroda posted consolidated net profit of ₹1,278 crore for Q1 FY27. A one-time…
Should You Apply for Xtranet Technologies IPO? Day 3 GMP and Subscription Analysis
Xtranet Technologies IPO closes today, July 27, 2026, its third and final subscription day. The issue has been subscribed 2.88 times as of Day 3 morning. That’s a sharp jump from 1.07 times on Day 1 and 1.49 times on Day 2. Grey market premium, however, has fallen to just ₹6 per share today. That…